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Friday, November 28, 2014

ESPN.com: Carmelo Anthony intends to opt out

From Ian Begley:

Despite efforts from New York Knicks president Phil Jackson to convince him to remain under contract, forward Carmelo Anthony hasn’t changed his mind and plans to opt out of his contract and test free agency this summer, according to a league source familiar with the situation.

Sources told ESPN.com earlier this week that Jackson is continuing to urge Anthony to exercise next season’s $23.3 million player option and put off unrestricted free agency for one more year. Anthony, according to sources, has until June 23 to inform the Knicks if he plans to opt out of his contract.

This obviously does not come as a surprise, but at the same time, there was some slight hope that Phil Jackson might be able to work some magic and get Melo to change his mind.

I don’t think that this necessarily means anything other than Melo doesn’t want to risk injury and wants to lock in a new longterm deal as soon as he can, but I suppose we shall soon see if this will lead to Melo departing the Knicks.

29 comments on “ESPN.com: Carmelo Anthony intends to opt out

  1. JK47

    Buh-bye Melo!

    Thanks for all the mediocre memories. I’ll never forget that one time you led us to that amazing first-round victory over the washed-up Boston Celtics. I’m gonna get a commemorative plate of that so I can show it to my grandchildren, so they will always remember the legacy of the great Carmelo Anthony– the Mark Aguirre of his generation.

    May your isos be plentiful and may your usage always stay above 30, and may you forever take contested 19-foot fadeaway jumpers on the final possession of games. One day one of those things is gonna go in.

  2. stratomatic

    This is probably good news for Knicks fans. He’s an above average player, but he’s going to get way more money than he’s worth as just a high volume scorer that does very little else above average for the position(s) he plays. Let’s just hope we get something back for him that that will improve our team long term at a salary/price that makes sense. I knew it was a terrible move when we did it, but time flies and now it may finally be over. We wasted a few years after Walsh and D’Antoni had us on the right track for awhile, but if we pick up a couple of young players or picks as part of this at least we’ll have reason to be optimistic again.

  3. mokers

    This is only a surprise to people who think an athlete would opt out of the chance at a new deal that would pay them more than what their expiring deal would would pay. The opt-out was never the test of whether Carmelo wanted to stay with the Knicks. The true test is how much of a discount he will take from a long-term. With the way the salary cap is rising and taking into account his 3P% over the years, I would say 5/90 is the max I would give. More than he would get on open market, but won’t cripple the payroll overall. I think ideal would be a Paul Pierce contract at 5/75.

  4. GoNyGoNYGo

    This whole situation is the predictable result of Melo’s greed on the way here.

    I don’t think it’s greed as much as it’s chasing his dream of a championship. Denver could have paid him more but he saw an opportunity in NY. Now the Knicks can pay him more. If greed is the driving force behind his choice, then he’ll stay here. I don’t think it is.

  5. lavor postell

    I also don’t get why everybody thinks Melo is gone because he opted out like he said he was going to do since training camp.

  6. Jack Bauer

    He is not the perfect player, but he’s pretty good and a known quantity. “Youth and draft picks” don’t always work out, especially with the Knicks ( queue up sorry draft history here). So, hopefully he signs at some “reasonable” amount , 5 yrs / 90 mill sounds ok as proposed above, or they get something significant back in a sign and trade – especially considering the amount of assets given up to acquire him. If I were him I would be hesitant to return to the Knicks train wreck as it stands at the moment.

  7. ephus

    I, for one, do not know if Carmelo Anthony will stay or go.

    I had a flickering hope that he might not opt-out, once Phil Jackson publicly asked him not to. I never thought that he would forego a long term contract during this off-season, but I thought he might opt-in and then negotiate a three year extension (cough, after July 1, cough) for a total 4 year deal of around $83 million ($23.5 (last year old deal)/$18.5 (first year of extension)/$20/$21). That would have given Melo a big payday and preserved a lot of salary cap room during the summer of 2015. Oh well.

    I think a new 5 year deal with a total value of around $100 million (and Melo holding a player option on the fifth year) would be a win-win. The Knicks could get Melo down to $18.5 for 2015-16, so as to have room for additional free agent(s).

    I trust Phil Jackson to have a valid assessment of Melo’s value and not to bid over that amount.

  8. Z-man

    I’d like for him to stay, but not on a cap-crippling max deal. Just hope we can sign-and-trade him away (we can do that if he opts out, correct?)

  9. ephus

    Just hope we can sign-and-trade him away (we can do that if he opts out, correct?)

    Yes, the Knicks would have his Bird Rights and could sign-and-trade Carmelo Anthony. The one caveat is that the Knicks cannot take back a sign-and-trade free agent (like Lance Stephenson) if they are going to end up over the Apron ($4 million over the luxury tax). If the Knicks take back $14 million or more in salary, they would be over the Apron.

    BTW, CNBC.com just publish my article on Why Qatar Likely Will Lose The 2022 World Cup. You can always get to my blog by clicking on my name.

  10. ephus

    I really hope that the Knickerblogger community enjoys my work. I know that I have learned a lot from all of our frequent authors and posters.

    I would love it if Knickerblogger.net became the Miami of Ohio of NBA team websites. Cradle of authors.

  11. Donnie Walsh

    I also don’t get why everybody thinks Melo is gone because he opted out like he said he was going to do since training camp.

    Probably because back in training camp people thought the Knicks might, you know, be good? And have hope of being good in the future?

  12. Donnie Walsh

    Back in October, Anthony also said that he’d never been a free agent before, and wanted to have the experience. This is, of course, not really true, as in 2011 she could have forced his way to any team he wanted for a max contract, but if he’s into the “courting” process, I really don’t see how Phil’s presentation can top Miami’s, Chicago’s, Houston’s, or a host of other teams, especially if the Knicks are asking him to take a pay-cut just to lose in NY.

  13. lavor postell

    I guess his presentation could top it by just being to offer marginally more money and an extra year, a ton of cap flex in one year, the Eastern Conference sucking ass so it wouldn’t be that hard to at least make an ECF and Phil Jackson being Phil Jackson. If all that matters is money fuck Melo and if all that matter is viability of winning this upcoming season and probably even 2015-16 then he’s not staying. We’ll see but I don’t think it’s really as simple as most money or most competitive immediately for Melo. He definitely cares a lot about his legacy and to some extent has an affinity for New York and the Knicks. Whether that leads him to wanting to come back at a rate that allows us to actually make a splash in free agency next year I don’t think any of us know.

  14. JK47

    Expecting Melo to come back for a discount and be a part of this rebuild is asking a lot. I mean, I don’t think he’s worth max money but somebody will. He can probably go somewhere where he gets more money AND has a better chance to win, although the irony that he can’t see is that most teams would be severely compromising their ability to win a title by adding him at a max or near-max contract. When he says “I don’t care about the money, I just want to win,” it’s a half truth. He wants both. He’s a have-my-cake-and-eat-it-too kind of guy– we saw that in the way he handled the last MeloDrama.

    I’m a huge ‘Cuse fan and he won us a title so I’ll always have a soft spot for him, but I’ll be really surprised if ever plays another game for the Knicks.

  15. er

    He wants both. He’s a have-my-cake-and-eat-it-too kind of guy– we saw that in the way he handled the last MeloDrama.
    —LOL how the hell do YOU know what he wants? And bringing up the last time he opted out is stupid. He was 4 years younger, and hadnt made his NYK money yet, and he was going up against a LockOut

  16. sugarslim5

    He’s a have-my-cake-and-eat-it-too kind of guy– we saw that in the way he handled the last MeloDrama.

    Every star is like that. There are some cities they like and a certain amount of money they want to make, otherwise what’s the point a being a professional athlete.
    Not sure what the last Melodrama is suppose to be.

  17. Brian Cronin Post author

    Not sure what the last Melodrama is suppose to be.

    The last Melodrama was just a reference to the last time we had a Melodrama, back when he was trying to get traded to New York from Denver.

  18. ephus

    There may be people who know how the Carmelo Anthony saga will play out, but I do not think that anyone reporting in the press is on that list.

    In fact, I would not be surprised if Carmelo does not know what he is going to do, because his plans are, in part, contingent on what Lebron James and the Heat do.

  19. Z-man

    ephus said: “The one caveat is that the Knicks cannot take back a sign-and-trade free agent (like Lance Stephenson)…”

    I think d-mar had a mini-stroke when he read this…

    So ideally, we’d take on less than $10 mill in salary and get a first rounder and some additional picks. Would any trade exceptions apply? I don’t really get how those work…

  20. ephus

    If the Knicks do a sign and trade and take back less than the salary they send out, they would get a trade exception for the difference. For example if Melo’s first year salary was $21 million and they took back only $10 million in 2014-15 salary, they would have an $11 million trade exception.

    But remember, if the Knicks use the full MLE (or the Bi-annual Exception), they would be hard capped at the Apron (around $81 million for 2014-15).

    If Carmelo Anthony leaves, even in a sign-and-trade, the talent level on the roster is going to decrease next year. Of course, the Knicks came nowhere near achieving up to their talent level this year.

  21. Zanzibar

    If Carmelo Anthony leaves, even in a sign-and-trade, the talent level on the roster is going to decrease next year.

    Don’t know about that Ephus. Terrence Jones + Asik + Lin may be >= Melo. Jones posted a .169 WS/48 last season compared to Melo’s .172. Jones playoff WS/48 is .140; Melo’s WS/48 in 10 postseasons has been greater than .140 only 3 times (.144, .149, .202).

    I’d be ecstatic to acquire Jones but I fear we will lose Melo to Houston or Miami for nuttin’. Boston, Denver, Golden State all have existing TPEs greater than Asik or Lin’s 8.3m cap hit. Houston might be able to send (1) Asik to one of those teams in exchange for a 2nd round draft pick and (2) Lin/1st round pick/3m to one of the other 2 teams in exchange for 2nd round pick. Poof! 16.6 is cleared and Houston could offer Melo 18-20m (no state income tax also). Howard/Melo/Harden/Parsons/Jones/Beverley/Garcia/5m mle — strong rotation. BTW Melo’s defense at the 4 position is just fine; only weak link is Harden.

    Similarly, Miami could package Haslem and Cole’s expiring contracts/Heat pick in 2014 draft/3m to one of those 3 teams in exchange for a 2nd round pick. Poof! 63.2m minus 4m (8 roster slots) and Heat could spread 59.2m across Big 4 (14.8m per player). Remember Florida also does not have a state income tax so, including raises, the average effective salary would be close to 17m/year. Wade won’t be worth more than 10m/year in 2 years so 41m due him next 2 years + 20m makes it a wash for him. Bosh would have to give up about 10m. LBJ signs a 3 year deal (player option in 3rd year) and keeps option for Durant/LBJ tandem in 2016.

  22. lavor postell

    If Houston clears that much cap space somebody can force their hand by signing Parsons to an offer sheet very early. That would force Houston to match that deal perhaps before any deal with Melo could be consummated and would cost them a ton of cap space.

  23. yellowboy90

    That’s if Parsons signs the offer sheet. Couldn’t they say just tell us what they will pay you and we’ll match it.

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