The Warriors are dangling the All-Star power forward in potential trade offers, according to Yahoo! Sports.
Lee, who averaged 18.5 points and 11.2 rebounds last season, has three years and $44 million remaining on his deal. The Warriors might be trying to shed payroll in an attempt to sign free-agent center Dwight Howard, who is scheduled to meet with Golden State.
Golden State offered Lee in a package for Andrea Bargnani, according to the same report.
The Raptors reportedly traded Bargnani to the Knicks in a multi-player move Sunday.