NBA Mega Trade

New Jersey gets:
SF Carmelo Anthony
PG Chris Paul
C Emeka Okafor

Denver gets:
PF Derrick Favors
SF Damion James
PF Troy Murphy
NJ's 2013 and 2015 1st rd. pick

New Orleans gets:
C Brook Lopez
PG Devin Harris
PF Kris Humphries
NJ's 2011 1st rd. pick

Washington gets:
G/F Terrence Williams
SF Quinton Ross
$3 mil cash
2nd rd. pick

Analysis:

New Jersey:
The Nets get there dynamic duo. In Paul and Anthony the Nets get 2 of the 10 best players in league. The franchise now has two young stars in their primes as they gear up for the eventual move to Brooklyn. This move does completely deplete the depth of the team and creates a gigantic hole at PF where NJ will likely be forced to start well past his prime Joe Smith this season before being able to add someone via the MLE next offseason.

Denver:
In return for Anthony who is almost certain to leave after this season, Denver gets Favors, the 3rd overall pick in this year's draft. Favors is raw, but has All-Pro potential. James, the 24th pick in this past years draft, is an athletic forward who can swing between the 3 and the 4. The addition of these two officially begins the Denver rebuilding process and it does so with a bang. Finally, Murphy, who is still a quality player, should net Denver even more assets at the trade deadline on account of not just his playing ability, but because of his $12 mil expiring contract. Financially, Denver goes from $15 million over the luxury tax threshold in 10-11 to $11 mil under the salary cap (before draft picks) next offseason. The cap space and rebuilding assets could be even greater if Denver chooses to shop Chauncey Billups. Denver also gets two future 1st rd. pick from NJ.

New Orleans:
This deal forces the Hornets to part with the best PG in basketball and the face of their franchise. However, it might be a move they have to make given Paul's apparent desire to leave once his current deal expires. This trade gets the Hornets two young pieces including a 23 year old all-star center. Moreover, it gets NO out from under Okafor's burdensome contract. Additionally, NJ's 2011 first round pick could also turn out to be a decent asset as the Nets are forced to deplete their roster in this deal. Finally, but perhaps most importantly, after this trade New Orleans will go into next offseason approximately $31 million under the cap (this assumed David West does not exercise his $7 mil player option, which he wont). Therefore, they will have more cap space than any other team.

Washington:
Washington essentially just gets paid to make this trade work under the cap.

Post-trade lineups:

New Orleans:
C Brook Lopez
PF David West
SF Trevor Ariza
SG Marcus Thornton
PG Devin Harris

New Jersey:
C Emeka Okafor
PF Joe Smith
SF Carmelo Anthony
SG Anthony Morrow
PG Chris Paul

Denver:
C Nene
PF Troy Murphy
SF Damion James
SG J.R. Smith
PG Chauncey Billups