The Cavaliers already own the first and fourth picks in Thursday night’s NBA draft. A pretty nice haul in any draft, and one they intend to keep according to reports. But according to ESPN.com NBA insider Chad Ford, Cleveland, who owned the second-worst record in the league last season, may be in the market for yet another lottery pick.

Ford says the biggest asset for the Cavs in any potential deal would be their $14.5 million trade exception. Sacramento (7th pick) and Detroit (8th) could be potential suitors with Cleveland taking on the bad contracts of Francisco Garcia from the Kings or Detroit’s Richard Hamilton or Charlie Villanueva. Ford also theorizes that the Cavs could then trade the third lottery pick along with the fourth overall selection in exchange for Minnesota’s second overall pick.

In Sports Illustrated writer Sam Amick‘s draft notebook, he listed a few interesting tidbits about Boston College point guard Reggie Jackson.

The first bullet point stated that several NBA executives believe that Jackson has a promise from the Thunder that they will take him with the 24th pick should he still be left on the board at that point in Thursday night’s draft. According to Amick, Jackson and his representatives refused to work out for other teams and told them that the BC star “already has an NBA home somewhere.”

Amick also goes on to declare Jackson as “the runaway winner of the high-maintenance award in this draft class.” That’s because the guard not only pulled out of workouts but also because his camp refused to share medical records with teams following a report that he had undergone a minor knee procedure. One executive even told Amick “a lot of people don’t believe he was ever injured.”

The Trail Blazers have been involved in lots of trade rumors heading into Thursday night’s NBA draft. The latest involves the team picking up Orlando point guard Jameer Nelson in exchange for current pointman Andre Miller and the 21st pick in the draft, according to a tweet from Jonathan Givnoy of Draft Express.

Miller has a non-guaranteed contract for 2012 while Nelson is owed $7.2 million for the upcoming season and has a player option for the year after that. If the Magic decided not to keep Miller, Gilbert Arenas, who was acquired in the middle of the 2010-11 season, could take over at the point guard spot for Orlando.

According to Alex Kennedy of Hoops World, the Spurs and the Trail Blazers reportedly nearly pulled off a blockbuster trade Wednesday afternoon, which included Spurs guard Tony Parker. The deal fell apart in the late stages.

The Spurs would have sent Parker and the No. 29 pick to Trail Blazers and Portland would have sent Andre Miller, Nicolas Batum and the No. 21 pick to the Spurs. Other players would have needed to be included to make the salaries work, but in the end the deal fell apart when the Spurs wanted Richard Jefferson to be included as a part of the deal.

Adrian Wojnarowski of Yahoo! Sports, also reported that the Spurs have also fielded calls from the Raptors and Kings regarding trades involving Parker.

The Sixers are reportedly exploring trade options for Andre Iguodola. He has three years and $44 million left on his contract.

A deal with the Lakers involving Lamar Odom and Iguodola has been discussed recently, sources tell Sports Illustrated’s Sam Amick. Under salary cap rules the deal would have to include another Lakers player. That other player could be Ron Artest, a source tells Amick.

Iguodola could also end up in Minnesota as well. A rival general manager tells Amick that the possibility of Iguodola ending up there is “definitely real.” The Timberwolves have the No. 2 overall pick, and they have reportedly been seeking a high-level veteran in exchange pick.

The Cavaliers hold both the No. 1 and 4 selections in Thursday’s NBA draft. General manager Chris Grant says that the team intends to use both of the picks.

Grant told ESPN that he knows who he wants to select with the top pick but still has to discuss the selection with the rest of the staff. It is expected that either Duke’s Kyrie Irving or Arizona’s Derrick Williams will be the No. 1 overall pick.

The team held the last of it’s pre-draft workouts on Monday. They worked out Williams, center Enes Kanter from Turkey and Kentucky guard Brandon Knight. For Williams and Kanter it was their second visit and the two met with owner Dan Gilbert following the workouts.

There have been rumors surrounding the Suns and the team possibly trading point guard Steve Nash. President of Basketball Operations Lon Babby put an end to those rumors on Wednesday.

In an email to Sports Illustrated Babby wrote: “We are not trading Marcin Gortat, period. End of sentence. We are not trading Steve Nash, period, exclamation point.”

Nash does not believe he will be traded.

“They’ve told me plenty of times they don’t want to move me, so I don’t think they need to call me every day,” Nash said Wednesday. “I’m not up to date on all the rumors. Right now I have a contract with the Suns. I hope this year is better than last and I’m ready to keep playing in Phoenix and continue to build the team and win a championship.”