From http://sports.yahoo.com/nba/news;_ylt=AgzhQ2taj233B.fy9vUjKpu8vLYF?slug=aw-nuggetstrade080709&prov=yhoo&type=lgns :

Denver has traded Steven Hunter and a lottery-protected 2010 first-round pick to Memphis for a future second rounder, a league source told Y! Sports on Friday.

Trading Hunter saves $3.67 million in salary and luxury tax off Denver’s books and clears a roster spot.

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The Memphis Grizzlies get Steven Hunter from Denver, who could be a back-up to Zach Randolph as PF. He's 7'0 and can play PF or C. He's a good defender and has a good shooting percentage. They also get a first round pick, meaning a possible 15th pick although it could be as low as 30th.

Memphis only gives up a second-rounder, so nothing much.

Thoughts?