Yahoo! Sports is indeed reporting that Corey Brewer will be sent to the Denver Nuggets as part of the Carmelo Anthony trade. The Denver Post is reporting the same.
Essentially, from a Timberwolves' perspective, they've traded Corey Brewer for Anthony Randolph and Eddy Curry. The rumors that had been circulated over the weekend had the Wolves also sending a first round pick away as part of the deal, but none of the outlets that have been reporting on the trade have mentioned anything along those lines yet.
Again, this story is still developing, so we'll have more on it as things happen.