LOS ANGELES (CBS) -The NBA draft is on Thursday, and there are plenty of trade rumors floating around involving the Los Angeles Lakers.

The latest rumor has the Lakers sending Pau Gasol to the Atlanta Hawks in exchange for Josh Smith.

From the LA Times “The Atlanta Hawks have been pursuing Pau Gasol, The Times has learned. Nothing imminent, but Josh Smith would be key piece going to Lakers.”

The Atlanta Hawks have been pursuing Pau Gasol, The Times has learned. Nothing imminent, but Josh Smith would be key piece going to Lakers.

—
Mike Bresnahan (@Mike_Bresnahan) June 27, 2012

The 32-year-old Gasol is owed $38.3 million over the next two seasons.

The 6’9 Smith will make $13.2 million in the final year of his contract this upcoming season.