Just got word from a Bucks source that the team is highly unlikely to do a deal involving Richard Jefferson or anyone else on the roster.
"We're going to stand pat, I think" the source told me.
The Bucks had discussed several Jefferson trade scenarios with the Blazers and Cavs, but talks cooled this morning and haven't picked up with just under 20 minutes to go before the trade deadline.
Hey guys, we are about 45 mins away from the trade deadline, and no deals for Portland yet. This is what I have found so far. Check back today for updates.
Henry Abbott, TrueHoop: A plugged-in source just told me that the Blazers are done, and will not be making any moves before the deadline.
Of course, a great offer at the last minute could change that, but that's considered unlikely.
What's this about? All that talk and no big move?
Part of this, I think, is that they have been driving a hard bargain. Another part of is that they are in a position to use Raef LaFrentz's cap room this summer, plus their new trade exception, when the market will be depressed thanks to the economy. Portland will likely be able to make either a lopsided trade or a free-agent signing.
Another part of it is that I'm convinced Portland gets into some trade talks as pure intelligence gathering.
By negotiating with the Nets about Vince Carter, the Bucks about Richard Jefferson, the Bulls about Luol Deng, the Kings about John Salmons, the Bobcats about Gerald Wallace -- and a zillion other such talks -- the Blazers get real insight into what everybody really wants. They get to fill in the blanks about the 29 other team strategies. It's like seeing the other team's playbook.
Chad Ford: A Blazers source says the Blazers are now leaning strongly toward not making a major trade before the deadline. They have been in talks with the Nets, Bucks and Bobcats for days, but as of 11:30 a.m. they say nothing is hot.
Says one Blazers source, "I don't see a deal. We like our players long-term. We don't want to mess with our chemistry."
The Blazers have looked at everyone from Gerald Wallace to Richard Jefferson to Vince Carter. But up until now, they haven't been able to come to a deal they're willing to do. They've wanted draft picks from the Bucks and Nets and have been unwilling to take back Nazr Mohammed in a deal with the Bobcats.
However, don't close the door completely. When pressed, the source conceded that if they got a better offer in the next few hours, it was still possible that they could make a deal.
And a counter from Ben at Blazers Edge:
With roughly 2 hours to go, Dwight Jaynes just tweeted (@dwightjaynes) that he thinks the statements coming from Henry, Chad and John Canzano could simply be a "negotiating posture" in the run-up to a deal. Makes sense, and it's curious that all 3 writers reported very similar information (Raef staying and the team pursuing options in the offseason) in short order. Either KP or TP took a break to return some messages or they were looking to actively put the word out.