As first reported exclusively by HOOPSWORLD earlier in the day, the Denver Nuggets have agreed in principle to send Marcus Camby to the Los Angeles Clippers. The two teams will also exchange second round picks in 2010 as opposed to the Clippers simply sending a second round pick to the Nuggets as has been widely reported. As a result of the trade, the Nuggets also received a $10,000,000 trade exception, which can be used until one year from the completion of the deal.
The move was almost purely a cost-cutting move for the Nuggets. The team now has more financial flexibility moving forward and is in a position where the organization may not have to pay the luxury tax depending on how the rest of the summer shapes up.
The move will also likely ensure the team will have the ability to match an offer sheet extended to restricted free agent J.R. Smith. However, it strips the Nuggets of one of the league's best shot blockers just days after the team lost hustle man Eduardo Najera via free agency to New Jersey.
"Marcus was definitely a great player for us and is still a great player," George Karl told HOOPSWORLD on Tuesday evening in Las Vegas. "We're going to miss him a lot."
The Clippers end up getting something of value for virtually nothing, which is certainly a decent play. That said, Camby has a long history of injury and at 34 years old isn't getting any younger.
This is a move which will likely not be very well received in the Mile High City considering the Nuggets basically just gave away its starting center. It also raises questions as to whether or not the Nuggets might be more focused on cutting payroll and hoping for addition by subtraction next season. It will also likely fuel speculation that this is the first in a series of moves the team is preparing to make.
Check back to HOOPSWORLD in the coming hours for more thorough analysis of the deal.
Trade Winds Blowing in Sac-Town
HOOPSWORLD had the chance to chat with good friend Sam Amick of the Sacramento Bee earlier in the day, and it's clear the Kings are looking to wheel and deal this offseason. Perhaps the biggest sign of this is what's going on with Kenny Thomas. Yes, the same Kenny Thomas who has been a virtual non-factor for the team since his arrival.
Why, you ask?
Simple, the Kings are insisting any team who wants Ron Artest take back the bloated contract of Thomas as well. For his part, Thomas basically already has his bags packed in anticipation of the move. He's also working extremely hard to make himself relevant again in a new setting.
The most likely destination mentioned for Artest according to league sources continues to be the Los Angeles Lakers. And if Thomas is ready to go, he could slide into the vacancy left by Ronny Turiaf if the Lakers opt not to match Golden State's offer sheet.
A trade to the Lakers isn't anywhere close to being a done deal yet, but it does appear both Artest and Thomas will be playing together in a city other than Sacramento next season.
In a related note, it appears Shareef Abdur-Rahim may retire this offseason as a result of persistent knee problems.
Rockets Set to Deal?
According to multiple sources a "minor deal" is imminent for the Houston Rockets. The question that remains is who exactly is leaving Houston and where are they headed?
Joey Dorsey has not signed with the team yet and was not in uniform today for summer league play in Las Vegas. There are rumblings that he could be involved in the deal. In addition, word is the trade could also include either Steve Novak or Luther Head.
No definitive word yet on who the Rockets may be wheeling and dealing with, only that a deal is likely on the way.
Stay tuned to HOOPSWORLD for the latest.