After reaching an impasse in negotiations with restricted free-agent guard Gerald Henderson, the Charlotte Bobcats are discussing sign-and-trade possibilities with multiple teams, league sources told Yahoo! Sports.

The Bobcats and Henderson have remained far apart in extension talks and discussions moved away from a contract and toward a sign-and-trade scenario on Wednesday, league sources said.

Henderson, 25, is one of the NBA's emerging young shooting guards, but Charlotte has been reluctant to offer him a market value that could push into the $7.5 million to $8.5 million range, front-office sources said.

Charlotte started pursuing free agent Monta Ellis earlier in the week, fearing it would struggle to come to terms with Henderson, sources said. Bobcats president Rod Higgins drafted Ellis with the Golden State Warriors and has remained fond of him.

Henderson averaged 15.5 points on nearly 45 percent shooting a season ago. He was the Bobcats' first-round pick – 12th overall – in the 2009 NBA draft.

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