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Trade Deadline: Bobcats talking to Pacers for D.J. Augustine-T.J. Ford swap

UPDATE 2:03PM: Chad Ford reporting the deal broke down, no go. Guess Augustine will have to continue the rest of the season with that startling vote of confidence.

UPDATE 1:43PM: The deal is close but not yet done, and includes Nazr Mohammed and Gerald Henderson going to Indiana, and Brandon Rush going to Charlotte. The Bobcats are putting a lot of eggs in their recently acquired Tyrus Thomas basket if this goes down.

ORIGINAL:At Summer League in 2008, D.J. Augustin was a young rookie at his first Summer League as a Charlotte Bobcat in Las Vegas. I caught up with him and asked him if he had any concerns about playing for Larry Brown, a man occasionally referred to in the same tones you’d hear someone speak about a prison guard, a malicious judge, or the Terminator when it comes to rookie point guards.

Augustin just laughed it off and said he looked forward to it, that he could learn a lot from Brown and he looked forward to playing for him.

Yeah. About that.

Woj from Yahoo! (again) is reporting that the Bobcats and Pacers have entered into late talks about a T.J. Ford for Augustine swap.

Augustin has shown flashes, but Brown obviously wants a veteran guard to go alongside Raymond Felton, and has been looking to move him for months.