The Lakers have pulled out of conversations aimed at trying to acquire New Orleans All-Star forward Anthony Davis because of the Pelicans’ “outrageous” trade requests, according to a person with knowledge of the situation.

Magic Johnson, the Lakers’ president of basketball operations, told New Orleans general manager Dell Demps on Tuesday morning that the Lakers had made their best offer, were not willing to add anything else and were done with negotiations, said the person who was not authorized to speak publicly on the matter.