According to a league source, Denver free agent Steve Blake, who is reportedly seeking a full mid-level exception - expected to be $6 million - is not out of the Nuggets' reach.

The salary cap and the luxury threshold have not yet been set for the 2007-08 season. The Nuggets' current payroll is about $80 million. The 2006-07 salary cap was about $53 million, and the luxury threshold was almost $65.5 million.

Blake, who started at point guard for the Nuggets last season after being acquired in a trade with Milwaukee, is being courted by several teams. The Miami Herald reported Wednesday the Heat and Blake are discussing money, while the Los Angeles Lakers have reportedly cooled on Blake because of his price tag.