The Portland Trail Blazers and Denver Nuggets are discussing a trade that would send Andre Miller to Denver for Raymond Felton, and also include a swap of first-round picks in the 2011 NBA Draft, reports Marc Spears of Yahoo! Sports.
Miller has an unguaranteed contract for the 2011-12 season, which means that should the team waive him, the Nuggets could see real immediate cap savings in such a swap. Felton's contract only lasts one more year, but Felton is much younger.
The pick swap isn't major: Portland is slated to pick at No. 21 (where Morehead State big man Kenneth Faried has been a constant rumor) and Denver picks No. 22.
Portland has also been embroiled in rumors surrounding a trade with the San Antonio Spurs that would bring three-time All-Star Tony Parker to the Rose City.
See our 2011 NBA Draft hub for full coverage of the draft, trades and the aftermath on Friday.