The trade, which is still exploratory and not close to completion, would send Bosh to Miami, Michael Beasley to Charlotte and Tyson Chandler to Houston, the sources said. Toronto, already settled on taking back the 2011 first-round pick previously traded to the Heat, is trying to extract a player from the Rockets in addition to the trade exception it would get from Miami.
Update via Chronicle:
The trade, however, was on very shaky footing, according to the individual with knowledge of the talks, with the teams waiting for decisions from Toronto president and general manager Bryan Colangelo and James.
Besides the fact that he would fill a desperate need, the greater value in a Chandler acquisition is that he is a $12.6million expiring contract, arming the club with ~$20million of expiring deals for a mid-season blockbuster. 1560’s David Nuno reported that for now, the deal is dead, but my guess is that that status is most likely contingent upon Lebron’s decision later tonight.