Trail Blazers general manager John Nash says the team could make a trade today -- if it wanted to.

The problem, he says, is that other NBA teams are not offering fair value in return.

"There are a number of teams pursuing us, but what is being offered is not commensurate to what we would be giving up," Nash said Saturday.

So the Blazers' much anticipated summer of change has remained stagnant, even though Nash insists he has had conversations with several teams, and the talks included every player on the Blazers roster.

Normally one of the most active teams in offseason trades and free agent signings under former executive Bob Whitsitt, the Blazers have become one of the most cautious under the newly hired Nash and president Steve Patterson.

Part of the Blazers' caution has been because of a desire to reduce payroll, but a large factor has been an unwillingness to take on added headaches.

"There have been several players I could have acquired who were good players, but we passed because of their baggage," Nash said. "At least we know the players who we have and the baggage they have. But we are wary of taking on other players who might bring some new baggage with them."

The Blazers were rumored to have nixed a trade last week that would have sent Damon Stoudamire, Arvydas Sabonis and Bonzi Wells to Dallas for Michael Finley, Raef LaFrentz and Nick Van Exel. Nash would not confirm that rumor, but he did say that Dallas has been a team with which he has talked trade.

Nash has made it clear that the Blazers are seeking to change while achieving a three-pronged goal -- maintaining their playoff streak of 21 consecutive seasons, improving their image and controlling their payroll.