A source close to the situation said the Nuggets are looking to trade the erratic Smith, who is entering the final year of a contract that will pay the shooting guard $6.03 million.
There have been trade rumors before about Smith since he joined the Nuggets in 2006, but they have lacked validity since Mark Warkentien, once Denver's vice president of basketball operations, was adamant about not trading Smith.
But with Warkentien gone, Smith's protector is no longer around to save him. Once the Nuggets have a GM place this probably becomes one of the top priorities for the teams.
Check out Denver Stiffs for more fan opinion on this, as opinions range from "Eh, OK" to "If this is true, it's a salary dump and Melo's not coming back."