UPDATE 10:44pm: We suddenly have a number of late-night updates, courtesy of Shelburne, who reports that the Clippers have backed off their refusal to include two first round draft picks in the deal. She also reports that the deal should get done by Thursday, and the Clippers believe it will ensure that Paul re-signs with the team on July 1 rather than becoming an unrestricted free agent.
Because coaches cannot be traded, the deal must consist of two separate transactions – first a swap of Jordan for Garnett and then a transmission of the two drafts picks from L.A. to Boston as compensation for the release of Rivers from his contract. Because of this, Shelburne says that the teams will have to then convince the NBA that the two deals are not contigent on each other and that they are, in fact, separate transactions in order to meet the standards of the league's CBA.
8:28pm: A deal will not be finalized tonight, tweets Brad Turner of the Los Angeles Times. The talks that resumed today will pick back up tomorrow morning.
6:53pm: Per Marc Stein and Ramona Shelburne on Twitter, one source close to the trade talks expressed optimism that the teams could come to terms tonight.
5:56pm: Merely a day after both sides suggested the deal was dead, the Clippers and Celtics have re-opened trade discussions involving Kevin Garnett and Doc Rivers, according to Adrian Wojnarowski of Yahoo! Sports (via Twitter). While they appeared to be moving on with their coaching search, the Clippers reached out to the Celtics today to resume dialogue and according to Wojnarowski, Chris Paul's insistence was a big reason why. Gary Washburn of the Boston Globe tweets that the Clips are now determined to get a deal done, which could lead to a sweetener in the deal for the Celtics.
We know that Rivers was set to meet with C's GM Danny Ainge today. Ramona Shelburne of ESPN Los Angeles tweets that that meeting has officially ended, curiously at about the same time we heard that talked had been reignited. Citing a source close to Rivers, Shelburne writes that Rivers does want to coach next season but would like another shot at a championship, which he knows will not happen if Boston chooses to rebuild. Washburn also tweets if the C's lose Rivers, expect Ainge to look for a younger replacement like Brian Shaw or Heat assistant David Fizdale.
Meanwhile, sources tell ESPN.com's Chris Broussard that the meeting between Clippers owner Donald Sterling and head coaching candidate Byron Scott went "very well," yesterday. Shaw, who was scheduled to meet with Sterling today, is currently at the Clippers' office, tweets Dan Woike of the Orange County Register.
Talks between the two sides reportedly ended yesterday when the Clippers refused to include a second first-round draft pick in an offer that included DeAndre Jordan and one first-rounder. Jordan's $3MM trade kicker and the potential inclusion of Courtney Lee's or Jason Terry's contract were also believed to possible points of contention. There are a ton of balls in the air for both teams in this situation. Stay tuned.