Could Billups be traded, too?

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UPDATE: We checked in with ESPN The Magazine's Ric Bucher about some potential landing spots for Billups if Denver also decides to trade him.

We've attached that commentary to the bottom of this update.

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Carmelo Anthony wants out. The Nuggets want J.R. Smith out. And Kenyon Martin, entering the final year of his lucrative contract, is out while he recovers from knee surgery. In addition, Chris Andersen is expected to miss the beginning of the regular season, too, after offseason surgery.

ESPN.com's John Hollinger made a good point Thursday via his Twitter page regarding Chauncey Billups' future with the Nuggets.

Hollinger tweeted: "Remember, if the Nuggets trade Melo and rebuild, there's really no point in them keeping Billups either. Could be two All-Stars on market."

Billups is from Denver and welcomed the opportunity to play in front of family and friends, but he may seek a trade to a playoff contender, or the team may see what the can get for the veteran point guard since they are in a rebuilding-mode.

Billups, who will turn 34 on Sept. 25, has two years remaining on his contract. He'll make $13.15 million for 2010-11 and $14.2 million for 2011-12, but only $3.7 million of that is guaranteed.

Any teams needing a point guard and who think they can challenge for the NBA title this season should contact the Nuggets.

Billups' leadership could help a number of teams

"Charlotte is in desperate need of a starting point guard and could offer cap relief, a seemingly attractive thing if Denver is starting over. If Golden State is looking to change its lackadaisical culture, Billups could help there, too. The Kings, Nets, Clippers and Grizzlies are relatively young teams that could benefit from his presence, too. But if Billups' dream scenario of riding into the sunset chasing another ring in his hometown has gone poof, the least he'd want is the chance to still chase a ring elsewhere. Teams that would keep the dream alive and have assets to send back are the Rockets, Magic and Hawks."