The Bergen Record is reporting that the Nets and Nuggets have reached a "tentative agreement" to send Carmelo Anthony to the Nets.
The deal has yet to be completed however, because Anthony has not agreed to sign an extension.
The deal would send Anthony, Chauncey Billups, Renaldo Balkman, Melvin Ely and Shelden Williams to the Nets. In return, Denver would receive Derrick Favors, Devin Harris, Ben Uzoh, Troy Murphy and four first round picks.
Again the deal is contingent on Anthony signing an extension with the Nets.
This is where the story gets interesting.
Reports surfaced earlier today that Nets owner Mikhail Prokhorov was going to meet with Anthony during the All-Star break. SI is also reporting that if there was to be a meeting, Anthony has no clue about it. He stated at an NBA Cares event that "there is no meeting at all" scheduled.
Just a few hours ago, Anthony headlined the front page on ESPN. It has since been taken off. It seems that no one knows what is going on with this deal.
NBA.com is also reporting that the deal is in place. It would just be a matter of whether Anthony wants to sign an extension with New Jersey or not.
At 17-40 the Nets could surely use any help they can get. If they pull this trade off, they could wind up making a push for the playoffs believe it or not.
As for the Denver brass, they must feel like they got away with murder if this deal goes through. Anthony was not going to resign after this season anyways. To get a package that includes Favors, Harris and four first round picks is a steal for Denver.
For the latest on this story, follow Eric Casperson on Twitter.