However, it will ultimately be up to management. Is CP3 in their long term plans, or can they get more players of value in return for the five-year veteran?
The most heated rumor as of late has been a trade that would send Paul to Charlotte.
Here are Charlotte and four other teams that are rumored to be in the hunt for Paul's services.
Last summer, one of the teams Chris Paul wanted to go to was the Orlando Magic.
Right now, the Magic are in limbo. With their current team, they will never be able to beat the Heat or the Bulls in a playoff series. They will need to improve somehow, and one way would be to acquire Paul.
Jameer Nelson is a good NBA point guard, but if the Magic want to win a title, Chris Paul is certainly a possibility to that answer.
A trade here would involved a number of players, but Nelson and Paul would be the main pieces.
I could also see the Magic trying to get rid of Hedo Turkoglu.
The New York Knicks are in the same boat as Orlando. They have a couple of stars on their roster, but it does not look like they can beat the best teams in the East in a seven game series.
Next year, after a year to gel, New York's big three might prove me wrong, but who knows if they will even have the same big three? Chauncey Billups has a team option for next season and does not even know if he will be back.
New York was also on the list of places that Paul would not mind going to.
The third team rumored to be on Chris Paul's wish list was the Los Angeles Lakers.
The Lakers would probably have to shed the salaries of Andrew Bynum and Lamar Odom in order for them to match up.
Los Angeles does not NEED CP3, but if they get him, the Lakers have guaranteed themselves another two or three titles in the near future.
In order for the L.A. dynasty to continue, Chris Paul is a must have.
Yet another team in Eastern Conference limbo are the Atlanta Hawks.
The Hawks have a great young core that can stay together for awhile, but how far can they go in the postseason?
Atlanta has been in the middle of the pack for the past couple seasons now, and I do not see them improving any more.
A trade would be very hard to pull off between these two teams, but if the Hawks can pry away CP3, they can become a very dangerous team.
Paul would fit this team perfectly. Atlanta is a young, athletic team who loves to push the ball.
When Chris Paul was asked if he would return home and play for Michael Jordan's Bobcats, his response was, "It would definitely be something to think about."
This was in reference to the 2012 free agency period, when Paul could become a free agent.
Could he be a member of the Bobcats earlier? Maybe and Charlotte should do everything they can to make it happen.
Charlotte does not have many pieces to offer New Orleans other than D.J. Augustin. This would have to be solely a salary dump on the Hornets' part.
With CP3 going to Charlotte, the Bobcats immediately jump to a four, five or six seed in the East.