KG announced he isn't gonna waive the no trade clause in his contract, that essentially kills that Bledsoe+Jordan for KG deal.
I don't see any good reason for the Clips to let go of Bledsoe til after they chase the trophy this year and sign CP3 next year. It makes more sense for them to hold on to him and have his incredible talent waiting in the wings through the playoffs; he is essentially a platinum insurance policy at the PG position for them this year. His contract goes through next season, so from a bargaining standpoint it makes more sense for the Clips to hold him til after they sign CP3 too. They can extend him and trade him for more quality, or if CP3 doesn't re-sign then they have Bledsoe waiting to take over point guard duties right away.