Per Jonathan Feigen of the Houston Chronicle:

The Rockets have been in trade talks with several teams about moving veteran guard Brent Barry, according to several individuals with knowledge of the talks.

The most serious discussions have been with the Los Angeles Clippers, Memphis Grizzlies and Oklahoma City Thunder. A trade to the Clippers could extend Barry's career, with the Clippers potentially offering a chance to play near Barry's Los Angeles area home.

Though I do love Bones, this comes as no surprise.  Moving Barry would free up a roster spot for one of the younger guys, whether it be Chase Budinger, James White, or Pops Mensah-Bonsu.