Billups goes to NJ, and Harris goes to Denver. NJ acquires $25M in contracts and goes from right at the salary cap to over the Luxury Tax. Denver moves $12M in salary but still is $3M over the Luxury Tax. Detroit moves Hamilton's contract and still stays under the Luxury Tax. Beside the players involved, Denver get 2 First round picks from NJ. And, everything depends on Melo signing a 3 yr contract extension.