Nuggets Acquire Balkman

DENVER, July 28, 2008 -- The Denver Nuggets have acquired forward Renaldo Balkman and cash considerations from the New York Knicks in exchange for guard Taurean Green, forward Bobby Jones and a 2010 second round draft pick, team Vice President of Basketball Operations Mark Warkentien announced today.

Balkman, 6-8, 210, averaged 3.4 ppg and 3.3 rpg in 65 games for the Knicks last season. Originally selected by New York in the first round (20th overall) of the 2006 NBA Draft, Balkman has averaged 4.2 ppg and 3.8 rpg and has shot .499 from the field in 133 games in his two seasons with the Knicks.

Green was acquired by the Nuggets in a trade with the Portland Trail Blazers on February 21. He averaged 1.1 ppg in nine appearances with Denver last season.

In two stints with the Nuggets during the 2007-08 season, Jones averaged 3.4 ppg and 1.5 rpg in 25 games.