The Nets and Nuggets are working towards a complicated multi-team trade proposal that would send Carmelo Anthony to New Jersey, reports Adrian Wojnarowski of Yahoo! Sports.

Anthony is expected to accept a contract extension with the Nets following a trade if the team is able to bring back a package of significant talent with him, according to league sources.

So far, packages include some of Anthony's Denver teammates -- including Al Harrington.

"The way this is structured now, the Nets will significantly upgrade their team," said one league executive.

The other teams involved in the talks aren't yet known.

Currently, the Nets are preparing to send Derrick Favors, Troy Murphy, two or three first-round picks and $3 million to the Nuggets for Anthony and Harrington. More players from both sides would likely be involved.

According to a source, Brook Lopez is the only player the Nets haven't involved in any scenario.

No deal is imminent, but sources involved in the talks believe that early January is a realistic target.