J.R. Smith is expected to be traded to the Denver Nuggets today, and he will be in Denver according to the Rocky Mountain News.

The move also allows the team to match the offer sheet signed by Francisco Elson with the Spurs, although according to Mark Warkentien no decision has been made on Elson. Smith comes cheap, weighing in for just over $1 million on his rookie contract.

"Anytime you get a young talent, when you don't have a first-round pick, I look at (Smith) as like our first-round pick," Karl said.

Last week, Smith was dealt with P.J. Brown from the Hornets to the Bulls for Tyson Chandler. Smith and Brown took physicals Wednesday in Chicago. Chandler passed his Tuesday. That trade should become official today, clearing the way for Smith, who will take a physical in Denver, to join the Nuggets.