The Memphis Grizzlies received a protected 2010 first round draft pick, along with center Steven Hunter and cash considerations from the Denver Nuggets in exchange for a future conditional second round draft pick, Grizzlies General Manager and Vice President of Basketball Operations Chris Wallace announced today.

The future protected first round draft pick from Denver could potentially give the Grizzlies three first round selections in next year?s NBA Draft. In addition to its own pick, Memphis is owed the Lakers? 2010 first round draft pick to complete the Pau Gasol trade with the Los Angeles Lakers on Feb. 1, 2008.

"This trade provides us with a probable 2010 first round pick that will bring our total to three first round picks in hand for the next draft,? Wallace said.  ?We are a team which emphasizes the draft and next year's draft is projected to be strong.  This draft pick from Denver provides us with increased options for the future."

RealGM Note: Hunter is due $3.696 million during the 09-10 season, so this trade will save the Nuggets salary and potentially luxury tax dollars as well.