Chirs Sheridan, of is reporting that the New Orleans Hornets, and the Toronto Raptors are close to striking a five-player deal. View the story, courtesy of, below.

The New Orleans Hornets and Toronto Raptors are in serious discussions on a five-player trade that would send Peja Stojakovic and Jerryd Bayless to the Raptors for Jarrett Jack, David Andersen and Marcus Banks, a source told Saturday.

The deal was close to being completed Friday night, but was held up over the amount of cash the Hornets would send to the Raptors in the trade.