'Today hurts': Ingles traded by Jazz

Injured Boomers veteran Joe Ingles has reacted with selfless grace after being traded by the Utah Jazz.

The 34-year-old Ingles has been a hugely popular player for the Jazz, for whom he amassed 590 games since arriving in 2014 before suffering a season-ending ACL injury on January 30.

ESPN's Adrian Wojnarowski reported Ingles has been traded to the Portland Trailblazers as part of a three-team deal as the NBA trade deadline looms on Friday morning AEST, with the Jazz looking to boost their stocks for a deep playoffs run.

"Today hurts ... I knew it was a possibility but didn't want to believe it, we have been lucky to call this place home for 8 years!," wrote Ingles on Twitter.

"I got a lot more to say, but I'm going to have a beer & relax with some good friends.

"Go get a win fellas! I'll always be watching," he added, with the Jazz (33-21) preparing to play western conference rivals Golden State (41-13).

Since Ingles is a free agent after the season, Wojnarowski reports the Australian could still return to Utah in the offseason.

Because of his injury, Ingles' value to the Blazers comes from his expiring $US13 million ($A18 million) contract.

If it is the end of his time in Utah, small forward Ingles will go down as a Jazz great, having last season passed legend John Stockton for most three-pointers for the club, now having well in excess of 1000.

Ingles wife Renae, a former Diamonds netballer, also took to Twitter.

"Appreciate the love & support from near and far," she wrote.

"Today is so sad. I don't have the words to put together just yet. Incredibly grateful for the last 8 years here as part of the Jazz family and Utah community.

"Focus is Joe's knee and rehab."

Ingles had acknowledged a trade was possible when he