Report: Nets GM Billy King Working Hard To Trade Joe Johnson

NEW YORK (CBSNewYork) -- Is Joe Johnson's tenure with the Nets nearing its end?

It looks like it might be.

According to ESPN.com's Marc Stein, the Nets and Grizzlies recently discussed a trade that would have sent Johnson to Memphis.

The two teams couldn't reach an agreement, Stein reported, but general manager Billy King is optimistic that he will be able to find a trade partner to take on Johnson's contract. The small forward has only one season left on his deal, but is set to earn $24.9 million in 2015-16.

Stein reports that the Hornets and Pistons are among teams that have inquired about Johnson's availability in recent months.

"I don't think anyone is indispensable, and that includes me," the seven-time All-Star told reporters after the Nets lost to the Hawks in the first round of the playoffs. "...Something's going to happen. I don't know what. I don't see us coming back as the same team. This is my third year here.

"I could see if we were getting better each year, but it's kind of been the opposite. So to not even be a .500 ballclub in the East ... it's disheartening and I don't know. I think everyone in that locker room is unsure of the future here. So we'll see what happens going into the summer."

The Nets disappointed in 2014-15, going 38-44 and finishing eighth in the Eastern Conference.

King has indicated that his priority this offseason is to re-sign Thaddeus Young and Brook Lopez. It's expected that both players will return to Brooklyn.

Johnson, 34, averaged 14.4 points, 3.7 assists and 4.8 rebounds for the Nets last season.