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

Source: New Orleans Hornets close to trading Peja Stojakovic to Toronto Raptors in five-player trade - ESPN.