The Denver Nuggets went into the weekend determined to complete an
ambitious four-team megatrade that would land All-Star forward Carmelo
Anthony with the New Jersey Nets, according to sources with knowledge of
The proposed deal, as ESPN.com reported earlier Friday, would also
involve Utah and Charlotte and is poised to deliver prized Nets rookie
Derrick Favors, Jazz veteran Andrei Kirilenko and multiple future
first-round picks to Denver in exchange for their franchise player.
Sources told ESPN.com that the deal, which has yet to be finalized, would send former All-Star point guard Devin Harris to Charlotte, with Bobcats forward Boris Diaw moving to Utah. The Bergen Record reported Friday afternoon that the Nets would also receive Bobcats guard D.J. Augustin, with New Jersey’s Jarvis Hayes accompanying Harris to Charlotte, Nets swingman Quinton Ross going to Utah and Denver landing a 1-to-7 protected first-round pick in 2012 that New Jersey recently received from Golden State.
The four teams are "seriously engaged" after negotiations progressed well Thursday and Friday, according to two sources close to the talks. If final hurdles are cleared, Anthony’s uncertain future — which has dominated discussion throughout the league since mid-August — could be unexpectedly resolved before the Nuggets hold their first practice of the new season.
The trade’s completion, though, hinges on Anthony’s willingness to sign an extension with the Nets as part of the deal, as Kevin Garnett did to clinch the blockbuster trade that sent him from Minnesota to Boston in July 2007. One source with knowledge of New Jersey’s thinking told ESPN.com that the Nets will not part with assets such as Favors (selected No. 3 overall in the June draft) and Harris (an All-Star in 2009) and go through with the trade unless Anthony commits to the extension, no matter how ready Denver is to pull the trigger.
Sources said negotiations were expected to continue through the weekend, with a target of completing the deal by Monday.
"It either happens by Monday," one source said, "or the deal falls apart."