According to TrueHoop,
The Boston Celtics and Charlotte Bobcats are discussing a trade centered around Glen “Big Baby” Davis and D.J. Augustin, according to league sources.
The sources cautioned that nothing is imminent, but said the clubs are having discussions.[...]
A straight-up trade would not work because Davis is a base-year compensation player, so other players would have to be involved to meet the financial requirements. That could be a sticking point in the deal.
I’m not quite sure how I like Augustin in the C’s backcourt. With his size, there’s not much chance he and Eddie House can fit in the same backcourt. He is, though, an upgrade on the C’s current backup point guard situation… mostly because they don’t have a true point guard to back up Rajon Rondo.