The Timberwolves offered Brandon Roy and a first-round pick for Mozgov, who will be a restricted free agent this coming summer.
Roy, who had four productive seasons for Portland before undergoing multiple knee surgeries that have put his career in jeopardy, has only appeared in five games for the Timberwolves this season.
Minnesota is trying to rid themselves of Roy’s contract, selling teams on the point that the $5 million left on his deal is non-guaranteed in 2013-14.
It is believed that the Timberwolves were offering the Memphis Grizzlies’ first-round pick in next summers NBA draft, one of two first rounders Minnesota owns.
With the emergence of Kosta Koufos this season, it is unlikely the Nuggets will be able to retain Mozgov in free agency. So he’s a logical candidate to be traded before this week’s deadline.
MORE NUGGETS STORIES
Dover: To trade or not to trade? (CLICK HERE)
Ottewill: Nuggets lucky Kevin Garnett snubbed them (CLICK HERE)
Nuggets unlikely to make a trade before the deadline (CLICK HERE)