Looks like a big deal in the works

http://sports.espn.go.com/nba/news/story?id=5455472

In the proposed deal, the Houston Rockets will send Trevor Ariza to the New Orleans Hornets. The Hornets will send Darren Collison and James Posey to the Indiana Pacers. The Pacers will send Troy Murphy to the New Jersey Nets. And the Nets will send Courtney Lee to the Rockets.

Looks like NO is making an effort to keep CP3. Not sure if Ariza is enough to do it...

Update 8/12 3:50pm: TKB is saying they talked to Paul about this.

http://www.theknicksblog.com/2010/08/12/demps-paul-involved-in-big-trade/

As much as I want CP3, The city of NO is an awesome sport town that deserves a good team. I have no problem giving Felton a try and waiting until FA for Paul. Hopefully this gives him something to work with. If anyone can make Ariza a player, its him.