ORLANDO, Fla. -

NBA sources tell Local 6 Sports Director David Pingalore that if Magic center Dwight Howard does not sign a contract extension, he will likely be traded to either the New Jersey Nets or the Los Angeles Lakers before the trade deadline. 

The deadline is Thursday at 3 p.m.

According to those sources, the Nets are offering Brook Lopez, Kris Humphries, MarShon Brooks and two No. 1 draft picks in exchange for Howard.  The Lakers are offering Andrew Bynum, Derek Fisher and Metta World Peace (formerly Ron Artest) for Howard, Hedo Turkoglu and Chris Duhon.

Those same sources say there is a holdup with the Lakers in terms of taking on the contracts of Turkoglu and Duhon. 

If Howard is not traded, there is still a good chance he will not stay with Orlando.  According to Pingalore's sources, Howard is leaning toward not signing a contract extension with the Magic.