According to information available on Bleacher Report, the Nuggets, Cavaliers and Knicks could be making progress on a potential trade involving Carmelo Anthony and Anderson Varejao.

No details are provided but if such a deal is reached, it is likely that Varejao, a big man whom Denver is known to covet, would be sent to the Nuggets while Anthony is moved to the Knicks, the team that is the superstar's preferred landing spot.

The other pieces in the proposed trade are unknown but figure to include a combination of New York's top young talents -- Danilo Gallinari, Anthony Randolph and Wilson Chandler -- some or all of whom the Knicks may be willing to part with in a blockbuster deal that brings Anthony to New York.

The trade would likely also include the Knicks conveying at least one first-round draft pick, which could be their own and/or one acquired from a third team using one of New York's assets.