Denver is sixth in the Western Conference at 29-25, but the Nuggets hold just a one-game lead over the ninth-place Los Angeles Clippers.
While the Nuggets are somewhat lacking in star power, they have a ton of depth, which will allow them to dangle multiple trade chips at the deadline.
Mudiay was the seventh overall pick in the 2015 draft, but he is strictly a bench player this season behind Jamal Murray and Gary Harris.
While Mudiay's shooting has improved slightly this season to the tune of a .401 field-goal percentage and .373 three-point percentage, he is averaging just 8.5 points and 2.9 assists in 17.9 minutes per game.
Faried was once a consistent double-double threat, but he is averaging career lows across the board this season: 5.9 points and 4.8 rebounds in 14.4 minutes per game.
Chandler, while technically a starter, is just seventh on the team in scoring at 8.8 points per game. That puts him behind other wing options such as Will Barton and Trey Lyles.
With Harris, Murray, Nikola Jokic, Barton, Lyles and Paul Millsap (when he returns from injury in March) all contributing at a high level, the Nuggets can pool assets in hopes of landing a single impact player.
Mudiay has one year remaining on his deal before restricted free agency, Faried can become an unrestricted free agent after 2018-19, and Chandler could become a free agent after this season if he declines his player option.
All three are potential rentals, although Mudiay does have some level of team control, and he may be worth taking a chance on for a team in need of backcourt help.
Denver is a solid club, and if it can find a way to move around some pieces, it has a chance to get in the No. 4 or No. 5 seed conversation in the West. Winning a playoff series could then become a real possibility.