The Nets are working the phones to trade Dinwiddie, who is poised to become a free agent by declining his $12.3 million player option for next season because he is expected to have numerous suitors in spite of his knee injury. Trading Dinwiddie now is the surest way for the Nets to fortify their roster yet again before the playoffs and protect themselves from losing him for nothing in the off-season.

Source: Marc Stein of The New York Times

ANALYSIS: Dinwiddie played in just three games this season before going down with a torn ACL in his right knee. A year ago, Dinwiddie averaged 20.6 points, 6.8 assists, and 3.5 rebounds in 31.2 minutes per game, and at 27 years old, his best years could certainly still be ahead of him. Declining his player option next season makes the most sense for Dinwiddie, and with the Nets in no position to overpay for the guard out of Colorado, trading him now would at least give Brooklyn some assets in return.