With the NBA Draft one day away, teams are jockeying for draft position. Seems there are several profiles for teams this year:

Buyers - Teams like the Spurs (who acquired Richard Jefferson from the Bucks) and the Wizards (who traded for Mike Miller and Randy Foye) are willing to take on additional payroll in order to strengthen their rosters. Other teams who have cap space and who could be buyers include: Memphis (19.7 mill under), Detroit (19.6 under), Atlanta (17.8 under), OKC (17.1 under), Sacramento (13.7 under), Toronto (11.6 under), Portland (9.8 under), and Minnesota (7.8 under and counting after yesterday's payroll dump with Miller and Foye for expiring contracts).

The Cleveland Cavs want to surround LeBron James with more talent in an effort to help him win his first championship and keep him in Cleveland, but they don't have much to offer other teams in order to land those missing pieces.

Sellers - We saw the Bucks and T-Wolves dump big salaries for expiring contracts yesterday. Other teams who are looking to shed payroll include the Phoenix Suns and Charlotte Bobcats. The Boston Celtics would like to get younger if possible and seem willing to move one of their Big Three (Ray Allen) in order to achieve that objective. The Minnesota Timberwolves want to assemble a team of young players with rookie contracts as they rebuild......that is why you saw them dump veteran players with larger contracts yesterday.

Remember, for GM's of financially troubled franchises, if they can be somewhat competitive and entertaining with a bunch of guys on rookie contracts instead of being a team paying vets on their 2nd, 3rd or 4th contracts, they will go that route. So in this day and age you will see teams trade established players for unproven NBA rookies because its a financial gamble worth taking for most owners. Remember, this is a league that has a structure that allows Ben Wallace to make considerably more money than LeBron James.

Most sellers have owners who are losing money and you will see a number of trades that are financially motivated (as we have been saying since the February trade deadline, many pro sports owners are losing considerable amounts of money with their every day businesses so they are having to slash costs for their "toys" like their pro sports teams).

Watch and Strike - Teams like the Trail Blazers (who have a ton of flexibility to make a number of moves through the draft, via trades and via free agency) and Bulls will wait and see how the market plays out and act accordingly.

By the way, if I was Trail Blazers GM Kevin Pritchard, I would try to unload all 5 of my draft picks in tomorrow's draft (including 4 second rounders) as he doesn't want to have to pay any draft picks this year. His main priorities will be signing Brandon Roy and LaMarcus Aldridge to extensions (can do so starting July 1st) and finding a veteran impact player via a trade or free agency (I think Hedo Turkoglu or Caron Butler should be his main targets). KP will also need to unload Travis Outlaw or Martell Webster at some point as there just isn't enough playing time to go around.

On the sidelines - Several teams will hold tight for this upcoming season and will try to position themselves for a huge free agent class of 2010 that includes LeBron James, Dwyane Wade and Chris Bosh. These teams could be chasing fool's gold though as the Cavs, Heat and Raptors can offer their own free agents roughly more than $30M more than the competition. So James, Wade and Bosh will think long and hard before leaving that kind of money on the table. Bosh is probably the most likely to bolt and could still get what he wants via a sign and trade. Teams like Detroit who seem to be going all in for next summer, could be disappointed if they don't land one of these guys.

It should be an interesting next few days that will set up many teams for the next 12-14 months.