The Denver Nuggets rejected an offer of Brandon Roy and a first round pick from the Minnesota Timberwolves for Timofey Mozgov, according to sources.

The Nuggets are motivated to trade Mozgov, who will be a restricted free agent this offseason and is unlikely to be retained.

Minnesota wants to include Roy in a trade because he is not expected to play again and his 13-14 contract is non-guaranteed.