Posted: Jun 23, 2011 9:08 PM by Lee Douglas
Updated: Jun 23, 2011 11:11 PM
PORTLAND, Ore. (AP) - The Portland Trail Blazers acquired guard Raymond Felton from the Denver Nuggets in exchange for veteran guard Andre Miller.
Miller's non-guaranteed contract includes a $7.8 million team option by June 30, which made him attractive to the Nuggets.
Miller's agent, Andy Miller, confirmed the trade.
Felton, 27, has a year remaining on his contract that pays him $7.5 million.
Miller, 35, averaged 12.7 points, 7 assists and 3.7 rebounds last season.
Felton was traded in February from the New York Knicks to Denver, where he averaged 11.5 points, 3.6 points and 6.5 assists in 21 games.
The Nuggets also received the draft rights to Jordan Hamilton from Texas. Hamilton was taken with the 26th overall pick in the draft by Dallas.
The Blazers also traded swingman Rudy Fernandez to the Dallas Mavericks in exchange for draft picks.
(Copyright 2011 by The Associated Press. All Rights Reserved.)