Nets Could Land Carmelo Anthony in Four-Team Trade

Carmelo Anthony could soon be traded to the New Jersey Nets as a part of a massive four-team trade, according to several reports.

FanHouse's Sam Amick has confirmed the Nets, Nuggets, Jazz and Bobcats are in serious discussions on a swap that would make 'Melo, a prized All-Star on the trading block, a Net. Rookie Derrick Favors, veteran power forward Andrei Kirilenko and a few first-round picks would be sent to Denver. Stein reports Nets point guard Devin Harris would be sent to Charlotte, and Bobcats forward Boris Diaw would replace Kirilenko in Utah.

The complicated proposal initially involved only the Nuggets and Nets, but the parameters soon expanded to include a third team, and then a fourth. With so many moving parts, the deal is not yet close to being completed, with one potential roadblock being Anthony's indecision about signing an extension with the Nets.

The New York Daily News reported late Friday that Anthony is believed to have signed off on the deal, per an NBA source. The New York Times, however, reported that Anthony has not yet reached a decision, citing a source close to the Nuggets star. Anthony would ostensibly agree to a three-year, $65 million extension if a trade were completed.

ESPN's Marc Stein was the first to report news of the trade talks, which Yahoo!'s Adrian Wojnarowski also confirmed.

There's a lot of firepower (and salary) involved, and -- depending on which point guard New Jersey lands in the swap -- this move could vault the Nets up the standings and the Nuggets down. Favors, though, is a magnificent prospect, and Kirilenko represents another massive expiring contract for new Denver GM Masai Ujiri to use as a chip moving forward.

Amick listed the Nets as the top contender in the 'Melo sweepstakes on Thursday.

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FanHouse's Sam Amick also contributed to this report.