"The New Orleans Hornets and Toronto Raptors are in serious discussions on a five-player trade that would send Peja Stojakovic and Jerryd Bayless to the Raptors for Jarrett Jack, David Andersen and Marcus Banks, a source told ESPN.com Saturday.

The deal was close to being completed Friday night, but was held up over the amount of cash the Hornets would send to the Raptors in the trade.

Still, the holdup was not believed to be insurmountable, according to a source with direct knowledge of the talks, who spoke on condition of anonymity.

Stojakovic is in the final year of his contract, earning $14.25 million, and has fallen out of the rotation in New Orleans, averaging just 7.5 points in less than 15 minutes per game playing behind Marco Belinelli, whom the Hornets acquired in another trade with the Raptors during the summer."