The long-anticipated trade of Carmelo Anthony will finally occur next week, two sources told NBA.com's David Aldridge on Thursday night.

The three-team deal between the Nets, Nuggets and Pistons would send Anthony, Chauncey Billups and Richard Hamilton, along with other players, to New Jersey.

It remains to be seen if Anthony will sign an extension with the Nets, but owner Mikhail Prokhorov is confident that he can convince the forward to do so if he acquires him.

Meanwhile, the Nuggets are determined to exhaust every possibility before agreeing to any deal.