Vittorio Tafur of the Oakland Tribune reports that Larry Hughes may have some value after all. After failing to convert Hughes into a point guard, his trade value has plummeted. Well, two days before the NBA Draft, Hughes may have a little trade value left after all. He may even help Golden State land a point guard, league sources said.

Philadelphia might be offering its first-round pick (No.16) and forward Derrick Coleman for Hughes and another player that would make the deal work financially. The 76ers would make the 16th pick for Golden State and select either Gonzaga point guard Dan Dickau or Illinois point guard Frank Williams and send him to the Warriors. Golden State, as part of the deal, would also relinquish its rights to Philadelphia's first-round pick in 2005.

Coleman, entering the last year of his contract, made $8.7million last season. Hughes is set to become an unrestricted free agent on July 1. Hughes would have to be signed, then traded. The Warriors could make up the difference in salaries in the trade by including centers Erick Dampier or Adonal Foyle, forwards Chris Mills or Danny Fortson or guard Bob Sura. They all make more than $4.5million a season.