Part of the holdup in a Carmelo deal is financial with the Nuggets hesitant to take on more salary to trade Carmelo:

http://sports.espn.go.com/nba/news/story?id=5622392

"In the proposed deal, which was first reported by ESPN.com on Friday, the Nuggets would receive Utah's Andrei Kirilenko ($17.8 million), New Jersey rookie Derrick Favors ($4.1 million) and two future first-round draft picks for Anthony, who makes $17.1 million. Their payroll would increase by $4.8 million and since they are over the luxury tax, they'd pay another $4.8 million, meaning Denver would pay an extra $9.6 million this season to become a worse team. While Denver has not totally nixed the deal, the source told Broussard the financial implications make it very unlikely to happen in its current form. That goes a long way in explaining Denver's hesitancy regarding the trade. Several league sources told Broussard that Bret Bearup, a longtime consultant to Kroenke and his son Josh, has wanted to trade Anthony for quite some time, but the money aspect of this deal has kept even him from signing off on the move."

The Wolves currently have free cap room (around $10 million I believe) and could use that to facilitate a deal.  Devin Harris is reportedly the guy that NJ would send out (in addition to Favors and the picks) to balance the money.  Harris isn't a good fit here, but we know there's at least one team interested in Harris.  Charlotte doesn't have much we'd want though as they've got mostly older guys with big deals and they owe a pick to the Bulls. 

Throwing something out there:

Carmelo and Augustin to NJ

Harris to Charlotte

Favors to Denver

Nazr Mohammed and Terrance Williams to the Wolves

 

Denver reportedly would be getting 2 picks from the Nets, but we'd need at least 1 pick in this deal (from whomever) to make it worth our while.

We'd be giving up our cap space (which could be very useful later this year) for Williams and a pick.  Given what OKC got with their cap space last year (Maynor), can we expect better?  What do you think of Williams?

We'd still have Mohammed's expiring plus a bit of cap space (in addition to our multple picks) to facilitate the "singular" move that Kahn recently described.  Are there different, better scenarios you could envision build around a Carmelo trade and our cap space?

Thoughts?