The New York Knicks' decision to pull Carmelo Anthony off the trade block has led all sides to be frustrated. The Knicks were involved in four-team trade talks with Anthony expected to be dealt to the Houston Rockets.

Steve Mills is having second thoughts about a trade now that they're on the verge of hiring Scott Perry as general manager. Mills wants to give Perry a chance to settle into his new job before a decision is made on Anthony.

"That's crazy," a source told the News. "From what I understand Carmelo is under the belief that he's going to the Rockets. That's what the Knicks have been telling us; that they're trading him. I can't imagine that after all he went though last season with Phil (Jackson) he's happy with this."

Anthony agreed to waive his no-trade clause for the Rockets and has been preparing for that move for nearly two weeks.

Anthony is said to be dismayed over the events of the past 24 hours.

According to a source, Anthony went to the Knicks prior to the NBA Draft and requested a buyout. With that request denied, Phil Jackson said they would try to accommodate a trade.

The parameters of a deal are in place but there are some details that need to be finalized.