UPDATE: Trade is now official and a done deal: http://www.insidehoops.com/nuggets-c...s-071508.shtml
InsideHoops.com: The Los Angeles Clippers today acquired forward Marcus Camby from the Denver Nuggets. In return, Denver will have the option to exchange second round picks with the Clippers in 2010. As a result of the trade, the Nuggets receive a $10,000,000 trade exception, which can be used until one year from the completion of the trade.
The Nuggets will trade veteran center Marcus Camby to the Los Angeles Clippers in order to create salary cap space, a source close to the team told the Denver Post Tuesday evening.
Denver will receive a future second-round draft pick, the source said.
Trading Camby, considered one of the top defensive centers in the NBA, will save Denver around $20 million, the source said.