Post by Admin on Jul 14, 2014 15:51:48 GMT -6
Carmelo Anthony, Knicks reach deal | July 14, 2014
Carmelo Anthony has reached a deal to remain with the New York Knicks.
The team announced Sunday that it had re-signed Anthony, but did not disclose terms.
The contract will be for more than $122 million but less than the five-year, $129 million max figure, a source told ESPN The Magazine's Chris Broussard on Saturday.
"After three months of questions around Carmelo Anthony's return to the New York Knicks we are now happy to know that we have the cornerstone of what we envision as a 'team of excellence,'" Knicks president Phil Jackson said in a statement. "... [Knicks general manager] Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team."
Jackson added later Sunday that Anthony had taken less than the maximum to give the Knicks cap flexibility.
"He did exactly what we kind of asked him to do. 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, provide a more competitive team for our group," Jackson said after the Knicks' summer league practice in Las Vegas.
Anthony and the Knicks had been in the final stages of negotiations since Saturday.
Anthony also announced the deal via his personal website on Sunday afternoon.
"A few years ago I dreamed of coming back to New York City, the place of my birth, and on February 23, 2011 that became a reality," Anthony said in a statement. "This organization has supported me and in return, I want to stay and build here with this city and my team. At this pivotal juncture in my career, I owed it to myself and my family to explore all of the options available to me. Through it all, my heart never wavered."
Carmelo Anthony has reached a deal to remain with the New York Knicks.
The team announced Sunday that it had re-signed Anthony, but did not disclose terms.
The contract will be for more than $122 million but less than the five-year, $129 million max figure, a source told ESPN The Magazine's Chris Broussard on Saturday.
"After three months of questions around Carmelo Anthony's return to the New York Knicks we are now happy to know that we have the cornerstone of what we envision as a 'team of excellence,'" Knicks president Phil Jackson said in a statement. "... [Knicks general manager] Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team."
Jackson added later Sunday that Anthony had taken less than the maximum to give the Knicks cap flexibility.
"He did exactly what we kind of asked him to do. 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, provide a more competitive team for our group," Jackson said after the Knicks' summer league practice in Las Vegas.
Anthony and the Knicks had been in the final stages of negotiations since Saturday.
Anthony also announced the deal via his personal website on Sunday afternoon.
"A few years ago I dreamed of coming back to New York City, the place of my birth, and on February 23, 2011 that became a reality," Anthony said in a statement. "This organization has supported me and in return, I want to stay and build here with this city and my team. At this pivotal juncture in my career, I owed it to myself and my family to explore all of the options available to me. Through it all, my heart never wavered."