Stephen A. Smith and Max Kellerman agree that there is no reason for the Lakers to add Carmelo Anthony given the current state of the team. (1:47)

Stephen A.: No reason for Melo to be on Lakers (1:47)

The Los Angeles Lakers and free agent Carmelo Anthony are pausing talks on a possible contract agreement unless the franchise makes a turn back toward pursuit of Western Conference playoffs contention, league sources told ESPN.

The Lakers had been leaning toward signing Anthony for the rest of the season -- until losses in four of the past five games left the organization and Anthony's camp wondering if it made sense to bring the veteran into an unsettled environment with suddenly so little chance of making the playoffs, league sources said.

Anthony, a 10-time All-Star, had been hoping to find a new team that would provide a positive conclusion to his season after an abrupt stay with the Houston Rockets.

The Lakers had waited on Anthony through the March 1 deadline for players to be waived and be eligible for playoff rosters to see who else would become available and perhaps be willing to sign with them, league sources said.

The Lakers' 118-109 loss to the Phoenix Suns on Saturday left the franchise with a 30-33 record and bleak prospects to catch the Los Angeles Clippers for the eighth seed in the West. ESPN's Basketball Power Index forecasts the Lakers with a less than 1 percent chance to make the playoffs.

The Lakers also have considered signing a center to bolster their frontcourt, league sources said. The Lakers are one roster spot below the league's maximum of 15.

Anthony, 34, parted ways with the Rockets after 10 regular-season games. He was traded to the Chicago Bulls as part of a financial deal on Jan. 22, and eventually was waived to become a free agent on Feb. 1.

Anthony has averaged 24 points a game in his 15 NBA seasons.