According to Brett Siegel, the

Siegel writes:

Even before Brown was fired by the Kings on Dec. 27, this organization had been searching for high-level upgrades with the mindset of leveraging Kevin Huerter and Trey Lyles, sources said. These two players combine to make $24.8 million this season, creating a wide margin for the Kings to search the trade market with.

Collins emerged as their top trade target in recent weeks, sources said. The Kings and Jazz held extensive trade conversations about Collins and came up with the framework for a potential deal ahead of the deadline. Sacramento’s interest in Collins has also been reported by NBA insider Marc Stein.

It’s an interesting revelation and makes you wonder if a trade like this could still happen. Here’s what Siegel said about the trade talks.

Along with packaging Huerter and Lyles, a protected first-round pick and a second-round pick would have been going to the Jazz, sources said. Utah had been seeking a first-round pick for Collins and was willing to accept such from Sacramento with little protection on it. All that was needed was a formal agreement from both sides, but ultimately, conversations were put on hold in the final steps of negotiations.

Just reading the tea leaves here, but it definitely looks like this trade went to owners to sign off, and someone turned it down. That’s obviously conjecture, but it certainly looks like this was near the finish line. Or maybe it’s as simple as the Kings changing their mind about De’Aaron Fox and backing out? Who knows.

So will the Kings and Jazz revisit the trade? Siegel writes:

It is unknown at this time if the two teams will revisit talks on Collins ahead of Thursday’s trade deadline.

We’ll have to see. Yes, they tabled things, but it sounds like the framework is there, all it takes is a quick phone call at the trade deadline to make it work.