The Trail Blazers aren't the only team talking to the Bobcats about the possibility of acquiring D.J. Augustin. According to Sean Deveney of the Sporting News (Twitter link), the Pacers are also among the clubs who have inquired on Augustin. Deveney says (via Twitter) the Bobcats would want to package a bad contract with Augustin if they were to trade the point guard.
Steve Kyler of HoopsWorld reported in January that the Bobcats weren't shopping Augustin, but were willing to listen if it meant gaining draft picks or financial flexibility. Unloading a contract like Corey Maggette's or DeSagana Diop's would certainly qualify as gaining flexibility.
Augustin, whose cap figure for 2011/12 is just $3.24MM, will be eligible for restricted free agency this summer. So the team he finishes the season with would be able to match any competing offers and keep him, if it so chooses. In 28 games this season, the former ninth overall pick has averaged 12.2 PPG and 6.5 APG in 30.8 MPG.