Chauncy Billups is Headed Back to Denver in Exchange for Allen Iverson

In some non-Knick news:

The Boston Globe has reported that the Denver Nuggets will send Allen Iverson to Detroit for Chauncey Billups and Antonio McDyess.

A source close to Nuggets guard Allen Iverson is telling people in Denver that he expects to be traded to the Detroit Pistons for Chauncey Billups.

Iverson makes $20 million this year. Billups makes half of that. The deal can not be executed unless the Pistons involve more players to match Iverson's cap figure.

Billups, a Denver native, has seemed open-minded to finishing his career back home. He has played for the Nuggets previously, appearing in 45 games in 1998-99 and 13 games in 1999-00.

Boston Globe