Jul 13, 2014 8:46 PM EDT
Chris Andersen has agreed to re-sign with the Miami Heat on a multiyear deal.
The New York Knicks made a late push to sign Andersen, but he decided to remain with the club that helped him salvage his career.
Andersen played in nearly 20 minutes per game last season for the Heat.
Jul 13, 2014 1:50 PM EDT
Carmelo Anthony has announced his decision to re-sign with the New York Knicks on a five-year deal worth over $120 million.
"I am a New York Knick at heart," Anthony wrote on his website. "I am looking forward to continue my career in Orange & Blue and to work with Phil Jackson, a champion who builds championship teams. Madison Square Garden is the mecca of basketball and I am surrounded by the greatest fans in the world."
Jackson implied on Sunday that Anthony's contract will give the Knicks flexibility in 2015 by taking less than max money.
“He did exactly what we kind of asked him to do,” Jackson explained. “Give us a break in the early part of his contract so that when we have some wiggle room next year, which is hopefully big enough wiggle room, we can exploit it.”
Chris Broussard reported on Saturday that the deal would be worth above $122 million over five seasons.
Jul 12, 2014 1:01 PM EDT
Carmelo Anthony has agreed to re-sign with the New York Knicks on a five-year $120 million-plus contract.
Anthony might take less than the maximum $129 million deal the Knicks can offer.
Sources say there is belief within Anthony's camp that it is better to take the Knicks' offer and he could attempt to be traded if things don't work out.
Anthony also considered signing with the Chicago Bulls, Los Angeles Lakers, Houston Rockets and Dallas Mavericks. Anthony was reportedly most heavily swayed by the idea of joining the Bulls.
Anthony was traded to the Knicks in February of 2011 by the Denver Nuggets.
Anthony reportedly believes in Phil Jackson's ability to remake the Knicks into a title contender.
Stephen A. Smith reports that Anthony's camp has informed the Bulls and Rockets that he won't sign with either club. Anthony is working on details of his contract with the Knicks.
Jul 11, 2014 9:59 PM EDT
The Chicago Bulls and San Antonio Spurs are the leading contenders to sign Pau Gasol.
Gasol is giving strong consideration to signing with the Spurs despite their limited cap situation in case the Bulls can't agree upon a sign-and-trade deal involving Carlos Boozer.
The Los Angeles Lakers are reluctant to take on the contract of Boozer unless they receive an asset back from the Bulls.
The Oklahoma City Thunder have a $6.5 million trade exception that expires Friday night at 11:59 p.m., that they hoped to use in their own sign-and-trade with the Lakers.
The New York Knicks appear to be out of contention as well.
Jul 11, 2014 8:14 PM EDT
The New York Knicks have waived Lamar Odom.
Odom was signed by the Knicks at the end of last season.
"Unfortunately, Lamar was unable to uphold the standards to return as an NBA player. We found it necessary to free up the roster spot," said Phil Jackson
Jul 11, 2014 1:29 PM EDT
Carmelo Anthony is moving closer to making a decision, but an announcement is not expected to come on Friday.
Anthony is reportedly still deciding between the New York Knicks and Chicago Bulls.
The Los Angeles Lakers are basically out of the running with their trade for Jeremy Lin.
Jul 10, 2014 8:17 PM EDT
Stephen A. Smith and Mike McGraw are reporting that Carmelo Anthony is having second thoughts about re-signing with the New York Knicks, with the Chicago Bulls resurfacing as an option.
Anthony has regained interest in the Bulls and Tom Thibodeau is reportedly keeping him interested.
The Bulls are internally trying to figure out how to close a deal with Anthony.
There have been no sign-and-trade talks with the New York Knicks, as the Bulls would need a commitment from Anthony before engaging.
A source told K.C. Johnson of the Chicago Tribune that the Bulls continued efforts to find a third team to make potential sign-and-trade possibilities work.
The Bulls can offer Anthony a four-year, $73 million deal without parting with Taj Gibson, but expressed that they could make the finances work if he were to pick them.
Ken Berger of CBS Sports reports that the Los Angeles Lakers also remain under consideration.
Jul 09, 2014 3:48 PM EDT
Carmelo Anthony is expected to announce his decision to re-sign with the New York Knicks on Thursday, barring a last minute change of heart. Anthony can sign a five-year, $129 million contract with the Knicks.
Anthony has reportedly been "agonizing" over his decision over the past week.
"He will have something for everybody on Thursday," said the friend who was with Anthony before Anthony's scheduled workout with Kevin Durant and Kevin Love in Los Angeles on Wednesday. "He is really torn because this is the biggest decision of his career. But he wants to get it done in New York. He told me he believes in Phil."
Anthony was intrigued by joining the Los Angeles Lakers, while he believed he would be joining a title contender if he signed with the Chicago Bulls.
Anthony is pleased with the addition of Jose Calderon and Phil Jackson will continue to pursue Pau Gasol once a decision is announced by Anthony.
Adrian Wojnarowski reports that Anthony can figure out his destination later should the Knicks not be able to build a contender around him.
No teams have been formally notified of a decision by Anthony.
Jul 09, 2014 12:23 PM EDT
Carmelo Anthony plans on waiting until LeBron James resolves his free agency situation before announcing where he'll sign, according to sources.
The New York Knicks expected to know by Monday if Anthony would re-sign. Anthony is also believed to be considering the Los Angeles Lakers, while the Chicago Bulls, Houston Rockets and Dallas Mavericks made pitches.
Anthony appears to be waiting for James to see whether there would be any option to join him.
"He wants to see what LeBron does," one source with knowledge of Anthony's thinking told ESPN. "But he can't wait forever."
Anthony's hope of joining James appears to depend on Chris Bosh, who is said to be seriously considering a deal with the Rockets.
James will be meeting with Pat Riley on Wednesday at 3:00 PM PST.
Jul 08, 2014 3:11 PM EDT
The Chicago Bulls and Oklahoma City Thunder have emerged as the favorites to sign Pau Gasol.
Gasol is also considering re-signing with the Los Angeles Lakers, while the New York Knicks and San Antonio Spurs are additional possibilities.
Phil Jackson is trying to clear this year's payroll and has looked for avenues to trade Amar'e Stoudemire.
Kurt Rambis will be reunited with both Derek Fisher and Phil Jackson.
The Lakers made a "major" impact in their meeting with Carmelo Anthony on Thursday.
Derrick Rose was not officially part of the Bulls' recruitment for Derrick Rose.
Carmelo Anthony needed to hear enthusiasm about his future from Phil Jackson, as well as the Knicks' max contract offer of $129 million over five seasons.
The Knicks can pay Pau Gasol only the taxpayer's exception starting at $3.28 million annually.
Carmelo Anthony will meet with the Bulls, Rockets, Mavericks, Lakers and Knicks.
The Lakers are projected to make $100.1 million in profit for the 13-14 NBA season, comfortably the best in the NBA.
Jun 30, 2014 | Marc Stein/ESPN
Toure Murry will become an unrestricted free agent.
Derrick Rose said recruiting free agents is "not his job."
Jun 29, 2014 | Marc Stein/ESPN
Carmelo Anthony is expected to sit down with the Bulls, Rockets, Mavericks and Lakers this week.
Jun 28, 2014 | Marc Stein/ESPN
The Knicks are envisioning a Carmelo Anthony-Pau Gasol frontcourt combo.
Carmelo Anthony plans on making his decision in the second week of July after taking several visits in free agency.
Jun 27, 2014 | Ian Begley/ESPN
Phil Jackson and the Knicks are not demanding Carmelo Anthony take less money to re-sign, but they are challenging him to do so.
Carmelo Anthony will visit the Rockets, Mavericks and Bulls once free agency begins on July 1.
Jun 25, 2014 | Marc Stein/ESPN
Tyson Chandler was with the Mavericks in 2011 when they won the NBA Finals.
The Rockets could acquire Carmelo Anthony in a sign-and-trade involving James Harden and then sign LeBron James outright.
Carmelo Anthony and Chris Paul have long been close friends.
Jim Boeheim has talked to Tom Thibodeau about Carmelo Anthony.
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The Hawks would have to clear approximately $10 million to $12 million to sign Carmelo Anthony to a max contract.
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