The Nets like Millsap's skill-set, but the two teams have not engaged in trade conversations, league sources told ESPNNewYork.com.
The Nets also have been recently exploring trade opportunities for Josh Smith and Ben Gordon, sources told ESPN The Magazine's Chris Broussard. The Daily News also reported that the Nets could be interested in another power forward.
While Nets GM Billy King told reporters Monday that he "isn't going to make a trade just to make a trade," it is expected he'll certainly make plenty of calls given that he's in the final year of his contract and the team he assembled has lofty expectations.
Millsap, 28, is averaging 14.9 points, 7.3 rebounds and 1.1 blocks per game for the Jazz this season.
Deron Williams was a former teammate of Millsap's in Utah. Millsap certainly would give the Nets an upgrade at the four spot, while providing Williams with a solid pick-and-roll option on offense.
Mike Mazzeo is a regular contributor to ESPNNewYork.com.