Posted by Matt Moore
Update 10:17 p.m.: Ken Berger reports that the deal is more complicated. The Blazers also traded Rudy Fernandez to the Dallas Mavericks for the 26th pick in the draft, which they then immediately shipped to Denver (Jordan Hamilton). So to recap:
Portland receives: Raymond Felton
Denver receives: Andre Miller, Jordan Hamilton (by way of Dallas' 26th pick)
Dallas receives: Rudy Fernandez
Fernandez goes to the world champions who need a wing player with energy. The Mavericks are an old team and wouldn't have room for another young player like Hamilton, now get Fernandez who can hit from the outside (3-goggles!) but who was also disappointing and inconsistent for Portland.
Winner: Denver. They managed to get Miller who is a cash dump and can play backup point guard, and an athletic forward to replace Wilson Chandler who will presumably now not be retained in free agency, and they didn't have to surrender Kenneth Faried who they took at No.22. More young assets and all they moved was Felton who they weren't committed to anyway and who wanted out.
Loser: Portland gave up their starting point guard and Rudy Fernandez for Raymond Felton. Felton is good. He really is. But he's not starter-plus-sixth-man-for-him good. Not a good start to the post-Cho era in Portland.
In a trade that does not feel like a trade at all, Yahoo! Sports reports that the Nuggets have traded Raymond Felton to the Portland Trail Blazers for Andre Miller.
The Nuggets essentially swapped Felton and his longer-term contract for Miller who has a team option for 2011-2012 and is an expiring deal after that. The Nuggets may not pick up the option on Miller, or may keep him for one more year as a backup to Ty Lawson. Felton was unhappy from the get-go in Denver after getting bumped to the bench for the younger Lawson.
For Portland, they've been looking to upgrade their point guard position for close to a year and Felton was available and cheap. Felton likely won't have the chemistry Miller had with LaMarcus Aldridge or his lob ability, but he has better scoring ability, is younger, and a better defender as Miller fades with age.
The Denver Post reports that the Nuggets also acquired the 26th pick from Dallas (not known what Dallas recieves), and a future second.