According to multiple outlets, including the New York Daily News, Denver Nuggets star forward Carmelo Anthony, one of the NBA's best scorers at just 26 years of age, has signed off on the four-team trade that would land him in New Jersey.
The reported deal would have Nets' first-round draft pick Derrick Favors going to Denver along with Utah's Andrei Kirilenko and multiple draft picks from the Nets and Warriors (the Nets hold Golden State's first-round pick in 2012).
Devin Harris would be sent to the Charlotte Bobcats, with Boris Diaw heading to Utah.
However, role players are still being talked out and could be added to the deal.
Anthony, who has yet to sign a reported three-year/$65 million contract extension that has been on the table since June, would bring the Nets a scoop they were looking for all summer.
After missing out on all the big free agents including LeBron James, Dwyane Wade, Chris Bosh, Amar'e Stoudemire, and Carlos Boozer, the Nets, assuming these reports are true, will be getting one of the NBA's best players today.
Anthony, who is still reportedly thinking about where to land, also has heavy interest in playing for the Knicks and Bulls, which according to Marc Stein, could lead to the proposed four-team deal falling apart.
For the Nuggets, this deal looks very good, especially if Derrick Favors pans out and plays to the potential many scouts salivated over.
The Nuggets also reportedly will get multiple first round picks along with cap space relief.
Even though the Nets won only 12 games last year, Anthony would conceivably approve the trade because of the Nets' eventual move to Brooklyn, playing alongside Brook Lopez, and playing in a New York market that could potentially interest future free agents such as Chris Paul.
The Bobcats also get a very good end of the deal, getting Devin Harris for Boris Diaw.
Harris, when healthy, is a top-tier point guard in the NBA, which is a very guard-driven league.
The Nets might get their star, but as it looks right now, the Nuggets came out the winners if this proposed deal is true.
More to come once the proposed deal is completed.