The Nuggets were a candidate to make some big moves this offseason, but they are trying to hold onto Cam Johnson.

The Nuggets are likely looking to shed salary, and the Timberwolves trade return shows there's a market for it.

The Nuggets are bringing back veteran point guard Tyus Jones on a one-year contract, according to ESPN’s Shams Charania. Terms weren’t immediately reported, though it’s expected to be a veteran minimum deal for Denver.

The Sixers, Nuggets and Timberwolves, league sources say, all still believe that they are in this race to some degree and getting legitimate consideration from James and his camp alongside the Cavaliers, Warriors and Heat.

The Nuggets failed to do so, losing to the Timberwolves in six games. On a positive note, Denver is reportedly looking to upgrade its roster significantly this summer.  “The Nuggets have reached out to LeBron James to express interest in the 21-time All-NBA forward in free agency,

The Nuggets entered the offseason expecting painful financial decisions. Instead, they may now be positioning themselves for the biggest free-agent swing of the summer.

Paul also said had the Knicks not won a title LeBron likely was headed there.