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Sources: Carmelo Won't Sign Extension With Nets

Carmelo Anthony has informed people close to him that he will not sign an extension with the Nets, according to sources.

Anthony has had a longstanding preference to play for the Knicks.

If the Knicks and Nuggets are unable to complete a trade, Anthony must still weigh his options of whether to risk not signing an extension with the looming uncertainty of the NBA's next collective bargaining agreement.

Via Jonathan Abrams/New York Times

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