NBA Trade Deadline Thursday: Portland Trail Blazers Buzz

March 3, 2012; Los Angeles, CA, USA; Los Angeles Lakers point guard Steve Blake (5) defends a pass by Sacramento Kings point guard Isaiah Thomas (22) in the second half of the game at the Staples Center. Lakers won 115-107. Mandatory Credit: Jayne Kamin-Oncea-US PRESSWIRE

The NBA's Trade Deadline is at noon Pacific. This post will update with all the latest news, notes and quotes.

-----------------------------

ALERT: On Thursday, multiple reports indicated that the Portland Trail Blazers and New Jersey Nets have struck a deal to send forward Gerald Wallace in exchange for center Mehmet Okur, forward Shawne Williams a 2012 top-3 protected first round pick. Details here.

-----------------------------

On Wednesday, multiple reports indicated that the Portland Trail Blazers were involved in 3-team trade talks with the Minnesota Timberwolves and Los Angeles Lakers.

The most common version of the trade scenario had Portland trading guard Jamal Crawford to Minnesota, Minnesota trading forward Michael Beasley to Los Angeles, and Los Angeles trading guard Steve Blake (plus another player or picks) to Portland. Multiple reports indicated on Wednesday night that the deal was expected to be completed on Thursday.

Here are your rolling buzz updates for Thursday...

-------------------------------

The Indiana Pacers -- one of Crawford's suitors -- have opted to rent Toronto Raptors guard Leandro Barbosa instead. The Pacers were reluctant to give up a first round pick for Crawford and were able to acquire Barbosa for a second round pick.

-------------------------------

Dave McMenanim of ESPNLA.com reports...

The Lakers revisited talks to acquire Minnesota Timberwolves forward Michael Beasley on Wednesday, multiple league sources told ESPNLosAngeles.com. Several variations of the trade have been discussed. One would land Beasley on the Lakers in a three-team deal that would send Portland Trail Blazers guard Jamal Crawford to the Wolves and Luke Ridnour from Minnesota to Portland. Los Angeles would give up one of its two 2012 first-round draft picks in the deal and use its $8.9 million trade exception, acquired when it traded Lamar Odom to the Dallas Mavericks in December, to absorb Beasley's approximate $6.3 million salary. Portland would also receive the Lakers' first-round pick.

As of late Wednesday night no deal was completed, but a source familiar with the negotiations said, "the sides have momentum."

-------------------------------

Adrian Wojnarowski of Yahoo! Sports reports...

-------------------------------

New Jersey is calling everywhere on possible deals, but one player emerging on Nets radar, sources say: Portland's Jamal Crawford.

New Jersey would likely be most interested in landing Crawford as a way to create cap space this summer, when they plan to chase superstar talent. Possible return pieces in a simple deal based on salary: guard Jordan Farmar (owed $4 million this year, $4.25 million on a player option next year) or guard Anthony Morrow ($4 million this year, $4 million next year). The Nets are currently over the cap so must match salaries in a trade.

-------------------------------

Chris Palmer of ESPN.com reports...

Eric Bledsoe would prefer to be somewhere he could start, source tells me. But Clips need him as backup PG. He stays in LA.

The Blazers and Los Angeles Clippers had been linked in trade talks that would have sent Bledsoe to Portland in exchange for Crawford.

-------------------------------

Jason Quick of The Oregonian reports...

As of 830 Pacific, Jamal Crawford says he is still a Blazer. Three hours left ...

-------------------------------

Adrian Wojnarowski of Yahoo! Sports reports...

One GM says, "One thing is for sure today: Portland is open for business right now."

-------------------------------

Scott Howard-Cooper of NBA.com reports...

Clippers standing pat barring late change. They feel Bledsoe will have more value when teams need a PG in the draft and find there is none.

Ken Berger of CBSSports.com reports...

On point guard front, becoming less likely Eric Bledsoe will be moving, sources say. Rockets still listening to offers for Jonny Flynn.

-------------------------------

Adrian Wojnarowski of Yahoo! Sports reports...

Portland and New Jersey are engaged in advanced talks on a deal that would send Gerald Wallace to the Nets, a league source tells Y!

The Nets and Blazers are "close" on a deal for Gerald Wallace, two league sources tell Y!

-------------------------------

Ken Berger of CBSSports.com reports...

The Nets are engaged in serious talks to acquire Gerald Wallace from Portland, league sources say.

-------------------------------

John Canzano of The Oregonian reports...

Lakers have expressed new interest in Jamal Crawford this morning. Crawford in a holding pattern in Chicago with the Blazers.

-------------------------------

Jarrod Rudolph of RealGM.com reports...

League sources has told me Jamal Crawford is hoping Blazers move him before the deadline. His desired destination is the Orlando Magic.

-------------------------------

Adrian Wojnarowski of Yahoo! Sports reports...

Nets are close to sending Mehmet Okur, Shawne Williams and a protected 1st round pick to Portland for Gerald Wallace, league sources tell Y!

The proposed 2012 draft pick the Nets would send to Blazers in Wallace deal would be protected only through the top 3 spots, sources tell Y!

Okur is on a $10.9 million expiring contract. Shawne Williams makes $3 million this season and has a player option for $$3.14 million for 2012-2013. The Blazers would take on more than $4 million in salary for this year in this proposal. If this trade goes through as proposed I would expect a second deal that trims salary.

Blazers guard Nolan Smith tweets...

Wow... Welcome to the business for me!!! It's crazy!!!

Keep checking back throughout the day. As a reminder, a number of last year's trades did not officially break or get confirmed until roughly 12:30 p.m.

-- Ben Golliver | benjamin.golliver@gmail.com | Twitter

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

Join Blazer's Edge

You must be a member of Blazer's Edge to participate.

We have our own Community Guidelines at Blazer's Edge. You should read them.

Join Blazer's Edge

You must be a member of Blazer's Edge to participate.

We have our own Community Guidelines at Blazer's Edge. You should read them.

Spinner

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.

tracking_pixel_9347_tracker