7:19pm: A deal sending Gordon to the Warriors won't happen before the deadline, sources tell Ric Bucher of 95.7 The Game, who adds that the trade could resurface in the summer (Sulia link).

12:45pm: Yesterday, John Reid of the New Orleans Times-Picayune reported that, while the Hornets aren't actively shopping Eric Gordon, they would be interested in a deal with the Warriors that included Klay Thompson. And according to Sam Amico of FOX Sports Ohio, those two teams have engaged in discussions that a source classifies as "more than exploratory" (Twitter link).

In Reid's report yesterday, he noted that the Warriors are reluctant to part with Thompson, since the team feels he's a young emerging star. Gordon has also had injury issues over the last couple years, and is in the first year of an expensive long-term contract. If talks between the two sides progress, I'd imagine the Warriors would push the Hornets to take on at least one of Golden State's bad contracts — Richard Jefferson and Andris Biedrins are earning $10.16MM and $9MM this season, respectively, and are certain to exercise their equally pricey player options for next season.

ESPN.com's Chris Broussard reported yesterday that the Hornets had made Gordon available in trade talks, though potential suitors have some concerns about his health. The 24-year-old shooting guard would also have the opportunity to veto any deal, since the Hornets matched his offer sheet in restricted free agency last summer.