Lakers engaging with Chicago in sign-and-trade talks involving Pau Gasol

Los Angeles Lakers center Pau Gasol, right, drives to the basket against Brooklyn Nets power forward Mason Plumlee (1) in the fourth quarter of an NBA basketball game at the Barclays Center, Wednesday, Nov. 27, 2013, in New York. The Lakers defeated the Nets 99-94. (AP Photo/John Minchillo)

Los Angeles Lakers center Pau Gasol, right, drives to the basket against Brooklyn Nets power forward Mason Plumlee (1) in the fourth quarter of an NBA basketball game at the Barclays Center, Wednesday, Nov. 27, 2013, in New York. The Lakers defeated the Nets 99-94. (AP Photo/John Minchillo)

This time, the Lakers might actually trade Pau Gasol.

With it becoming clear Gasol will not re-sign with the Lakers, the Lakers are currently in talks with the Chicago Bulls about facilitating a sign-and-trade, according to a league source familiar with the situation.

The Lakers are engaged in this scenario for two reasons. They want to facilitate the deal out of respect for Gasol, who guided the team to three NBA Finals appearances and two NBA championships after acquiring him from Memphis six years ago. Doing such a thing could help Gasol join a team of his choice. The Lakers are also interested in filling out their roster with more talent and assets, such as draft picks, both to expedite their rebuilding and offset their losses from Gasol’s departure.

For salary cap purposes, the Lakers cannot sign off on any of the dealings involving Jeremy Lin, Nick Young and Jordan Hill until the sign-and-trade is complete.

ESPN and The Chicago Tribune have also reported about the Bulls’ efforts in completing a sign-and-trade with the Lakers. The Tribune’s report mentioned the Bulls have discussed sending Mike Dunleavy and the non-guaranteed contracts of Mike James, Lou Amundsen and Ronnie Brewer to the Lakers.

It is not immediately clear what would prompt the Lakers to agree to a deal. But in general terms, the Lakers would want a talented player that does not compromise their cap space beginning in the 2015 offseason. The contracts to Dunleavy ($3.3 million), James ($1.44 million), Amundson ($1.3 million) and Brewer ($1.3 million) all expire after next season.

RELATED:

Pau Gasol not expected to stay with Lakers

Lakers want to keep Pau Gasol, but open to sign-and-trade

NBA free agency: Which team best suits Pau Gasol?

Follow L.A. Daily News Lakers beat writer Mark Medina on Twitter. E-mail him at mark.medina@langnews.com