10:00pm: A source tells Mary Schmitt Boyer of The Plain Dealer not to expect a Bynum/Jefferson swap. “Nothing is happening, especially RJ,” the source said.

9:26pm: The Jefferson deal is one of three options for unloading Bynum that the Cavs are focused on, Stein and Windhorst write. Coming to a trade agreement with the Lakers is one of the other paths Cleveland might take. Keeping Bynum past Tuesday’s guarantee date and trying to trade him at the deadline or next summer is the third, according to the ESPN scribes. Utah’s demands in return for Jefferson aren’t likely as steep as the price the Lakers have set for a Gasol/Bynum swap, as Stein and Windhorst’s report also reads.

7:32pm: The Cavs and Jazz are discussing a deal involving Andrew Bynum and Richard Jefferson, according to Marc Stein (Twitter links) and Brian Windhorst of ESPN.com. The Cavs remain in talks with the Lakers about Pau Gasol, but the Utah deal is now also a possibility for them.

Jefferson would fill the Cavs’ need for a small forward and his $11MM deal expires at the end of the year. The 33-year-old’s star has faded considerably since his days with the Nets, but he is averaging nearly ten points per contest this season and has been shooting the long ball at an impressive 41.7% clip. For his career, Jefferson has averaged 14.8 PPG and 4.6 RPG across 13 seasons for the Nets, Bucks, Spurs, Warriors, and Jazz.

It would appear that RJ is one of the Cavs multiple offers that they are said to be mulling over at the moment. With pitches from the Jazz, Lakers, and others to possibly consider, Cleveland hopes to make a determination on Monday.