It's a big one, but the NBA trade machine wouldn't let it happen because of restrictions about players being traded twice within 2 months... would have to wait until February 12.
Four-teamer. Buckle up.
DENVER sends Bird ($4.2M -3 yrs), Moz ($2.2M - 2 yrs) and Jordan Hamilton ($1.4M average - 4 yrs) to NEW ORLEANS
N.O. sends Kaman ($14.1M expiring) and Eric Gordon ($3.8M - 1 year) to ORLANDO.
Why it works:
New Orleans - shed Kaman and Gordon, continue to further tank and get (most likely) 2 high lottery picks for the upcoming draft, which is the best one in years. Also get a young, athletic C (Moz), and useable bench veterans (Bird and Morrow, who can score in bunches). Can build with a young core of 2 lottery picks, Aminu, Moz, Jack, Hamilton and will be about $20M under the cap next year (and more if they amnesty Okafor or Ariza). They didn't extend Gordon, so they might not think he's good enough to build the team around)
Orlando - gets almost $30M in cap space to work with next year, a potential building block with Gordon, and still has a team of quality (but aging) veterans. Not an enormous value for Howard, but in today's NBA, cap space is king.
New Jersey - Dwight, meet Deron. Deron, Dwight. Let's go have fun in Bucktown.
Denver - gets a legit center to play with Nene, and could be re-signed relatively cheap because of injury issues.
Now granted, this will NEVER happen, but I was bored today and decided to play GM for a Day. Discuss. Tear it apart. Just try not to call me names. ;-)