With less than one week remaining before the NBA trading deadline the Denver Nuggets and New Jersey Nets have come back to the negotiating table and are in advanced discussions regarding a deal that would send star forward Carmelo Anthony to New Jersey.
The teams are discussing a deal that would send Anthony, Chauncey Billups, Renaldo Balman, Melvin Ely, and Shelden Williams to the Nets for Derrick Favors, Devin Harris, Ben Uzoh, and three first-round draft picks. The Nuggets are also expected to move forward Troy Murphy and his $12 million expiring contract along with a fourth first-round pick to a third team.
The teams resumed negotiations over a week ago when Denver called back the Nets in the aftermath of owner Mikhail Prokhorov’s abrupt ending of trade talks last month. The next step would be for owner Mikhail Prokhorov to meet Anthony in Los Angeles during All-Star weekend and sell the Nuggets star on a future with the Nets. The New York Daily News reported that Prokhorov and Knicks owner Jim Dolan both have meetings scheduled with Anthony during the weekend.
Anthony must be sold on agreeing to a three-year, $65 million contract extension before any deal would be completed.
The NBA trading deadline is just 6 days away.
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