The Nets and Nuggets are in the final stages of finalizing a deal that would send the Nuggets All-Star forward, Carmelo Anthony, to New Jersey for a package of players and picks. Nine total players plus four first-round picks would be exchanged between the two teams. The deal is tentative and hinges on Anthony's agreement in signing an extension before the trade is made.
The Nuggets will send Anthony, guard Chauncey Billups and forwards Melvin Ely, Shelden Williams and Renaldo Balkman to the Nets. In return, the Nuggets will receive guard Devin Harris and forwards Derrick Favors, Troy Murphy and Ben Uzoh, as well as four first-round picks.
The Nuggets are still trying to work out a deal that would allow them to send Troy Murphy and one of the four picks to another team willing to take on his salary. Murphy and Billups are also candidates to be bought out and could sign with any team they want.
Anthony is scheduled to meet with the Nets owner during All-Star Weekend, as well as the Knicks owner. If an agreement on an extension is not agreed upon, the Nets deal will likely be dead and New York will become the front runner to acquire Anthony.