According to reports from RotoWorld and the Boston Globe , Allen Iverson has been traded to the Detroit Pistons in exchange for Chauncey Billups and Antonio McDyess.

The Nuggets have been trying to cut salary since the offseason when they offloaded Marcus Camby for the right to exchange second round picks with the Clippers in 2010.

The Nuggets need a ball handler and Billups would fit that role with J.R. Smith likely moving into the starting lineup to replace Iverson. Billups and McDyess have both played for the Nuggets and Billups also played college ball at Colorado.

Billups has been on the trade block in Detroit and while Iverson may not be the reliable point guard that Billups was, he certainly adds a dimension to the Pistons' offense. As if chasing Rip Hamilton around wasn't hard enough, the speedy and unpredictable Iverson poses his own challenges to opposing defenses.

The Pistons could also see this as an opportunity to further develop Rodney Stuckey at point guard and give him more playing time.

Through two games, Billups has been averaging 12.5 points, 7.5 assists and five rebounds while Iverson has averaged 18.7 points and 6.7 assists through three games.

The trade has yet to be confirmed, but according to RotoWorld, neither player attended shootaround today. We'll update this post as we find out more information or if the trade is finalized.

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