I read on Hoopsworld today about all the trade chatter and Thomas to Denver was in the article.
http://www.hoopsworld.com/Story.asp?story_id=15257

This article was written by Joel Brigham who I think covers the Bulls for Hoopsworld, so I consider this one of the more reliable sources about the rumored Thomas to Denver. From what I got from the article was Denver has an offer of Malik Allen and Renaldo Balkman for Thomas.

There are two things holding up this deal. One, I think Chicago wants a pick included in the deal if they are getting "scrubs" in return, and two, Chicago doesn't have to trade him to cut salary because he can come off the books next year as a RFA. The thing is, if Chicago gets Balkman and Allen, they could cut Allen and save a few bucks this year (I think) if they make the trade. I have a feeling Chicago may want a deal of Allen, Balkman and JR for Thomas and Salmons, but the defeats the purpose of cutting salary, right?

Honestly, if Denver owned a 1st round pick this year and was willing to part with it, I think this deal would be done by now. I think the pick is the only thing holding up this deal. However, I think if Heinrich and/or Salmons and/or Miller get dealt within a couple hours of the deadline and a major expiring contract is brought in ie. T-Mac or Big Z etc., Chicago may be more willing to let Thomas go for straight up scrubs just to save more money this year.

I honestly hope Denver can find a way to get a dea done for Thomas while holding on to JR. I would hate to see Thomas go to either LAL or SA as Ford reported is a possibility in an article on ESPN today (Can't give you a link it's and insider only deal and a friend told me what it said). But Ford suggested Heinrich and Thomas to LA for somethng, I don't know the exact deal. Lets get Thomas is powder blue, not purple or black. Thoughts??