Report: Carmelo Anthony is a Knick (UPDATED)

Report: Carmelo Anthony is a Knick (UPDATED)

The Nuggets and Knicks have agreed to terms on a deal to finally send Carmelo Anthony to New York. And he signed an extension.

melo knicks headshot.jpg

The 'MeloDrama is over. Carmelo Anthony is a New York Knick, Benjamin Hochman and Chris Dempsey reported Monday evening at The Denver Post:

The Nuggets traded Melo to the New York
Knicks tonight, a league source said. Denver gets Wilson Chandler,
Raymond Felton, Danilo Gallinari, Timofey Mozgov, the Knicks 2014
first-round draft pick, the Warriors' 2012 second-round pick, the
Warriors' 2013 second-round pick and $3 million in cash.

Anthony will go to New York, along with Chauncey Billups, Shelden Williams, Anthony Carter and Renaldo Balkman.

Yeah, this has some Isiah stupidity if Deron Williams or Chris Paul aren't Knicks before August 2012, right? The Knicks are the fifth-best team in the East now, at best; still the sixth, at worst. Without a shot to contend for the conference title, I don't understand why they didn't lowball, knowing they could grab 'Melo as a free agent and that they were the only buyers for the product.

Their long-range shooting shouldn't suffer much as the volume of their scorers makes up for the hit they take in depth. But the Knicks defense just got much, much worse with the losses of Chandler
and Felton and still have a terrible coach. (Any head coach ignorant of
defense like that is terrible.)

I normally don't like the term "mortgaging the future," but the Knicks are playing with fire with which they didn't have to play by just calling out Denver's bluff on Jersey, as they did with the Lakers, Rockets, and Mavericks. Not to mention, again consider that the move doesn't put them in a win-now position, as Royce Young noted at

With a lot of the financial flexibility Walsh fought tooth and nail over the past few years now jeopadized because of the imminent $65 million extension for Melo, how do the Knicks fill out this roster? If the plan is to wait until 2012 to add Deron Williams or Chris Paul, did they really do themselves any favors by making this move now, instead of just remaining patient and making the play for Anthony over the summer?

The Knicks didn't want to take any chances and let their opportunity to land Melo slip through the cracks the way LeBron did. They wanted to pounce now, no matter what the cost was. Yes, they're better. Yes, they're dangerous. I know I'd be nervous if my favorite team were playing them in a seven-game series. Having two top 10 offensive players makes anyone good.

But are they actually a legitimate threat to unseat the Celtics or challenge the Bulls or Heat? Hardly. Just like they were yesterday before this deal was made, they're still a year or two away.

Oh, yeah, Isiah Thomas:

Donnie Walsh ally says of steep price paid for Melo: "This is all Dolan. All Isiah. All (Worldwide) Wes and Leon Rose..."less than a minute ago via web

Chandler's wish to stay with the Knicks is a no-go

Chandler's a free agent this summer and I'm sticking to my guns that he should be the Bulls' #1 target this offseason. He really loved it in New York. The sell just got easier, but without knowing where the collective bargaining agreement will be with mid-level exemptions and the Bulls committed to what could be more than the new salary cap, it's up in the air.

Don't hate the 'Melo

Don't dare forget that this drama was not 'Melo's doing. He gave Denver the courtesy of a 10-month notice that he would exercise the mutually agreed upon option to terminate his contract. The Nuggets took forever, not 'Melo. 'Melo was early.

It's extremely within 'Melo's human right, let alone his constitutional rights an American renting out his labor, and his contractual rights to do everything he did. He notified the Nuggets well before the season started. Denver management spent months and months negotiating and maneuvered a way to bluff the Knicks owner to believe there was another realistic suitor. But the time it took for this deal was the Nuggets' doing.

Knicks did unload Eddy Curry

Eddy Curry, Anthony Randloph, and cash will go to Minnesota to free up cap space and the T'wolves will send Corey Brewer to the Nuggets, Ken Berger reported at

Howard Beck at The New York Times is reporting Brewer to the Knicks, with Beck adding that Brewer will be on the move.

*** Below is the final half of the original post from 8:30 p.m. CST ***

If the Knicks aren't stealing him, you can be for damn sure that Isiah Thomas convinced Knicks owner James Dolan that there was some sort of possibility 'Melo would sign an extension with a depleted, terrible Nets team. I say this because it's become no secret that Isiah has some significant seat at the Knicks table and that overpaying for 'Melo was exactly what GM Donnie Walsh knew he could avoid -- with signing 'Melo as a free agent in the offseason as the worst case scenario. Only Isiah's dumb enough to bid against himself and continuously up the price, right?

The Knicks reportedly have not wanted to part with rookies Timofey Mozgov or Landry Fields, while the Nuggets have wanted both, but not Danilo Gallinari in a deal including only one of the two. Meaning Denver would take all three and Wilson Chandler or Raymond Felton in a package.

The Knicks have reportedly caved on Mozgov, a source is telling Frank Isola at The New York Daily News:

Breaking: source tells Daily News a Knicks-Nuggets deal will include Timofey Mozgov. "It's not done yet," source addsless than a minute ago via Mobile Web

I wrote earlier today:

I will say, there's one reason for the Knicks to trade a substantial package
for a guy they know they can grab in the offseason as a free agent:
that they believe the Nets have a chance. When that chance disappears
Monday, the Nuggets will officially have egg on their face. Or I'm
completely wrong, 'Melo becomes a Net, I have egg on my face, and we're
all like "WTF, 'Melo?!?" Prokhorov was asked about the Nets meeting with
'Melo before the ASG, and he responded: "I don't care."

But the Knicks are convinced they're competing with someone. Thank you, Isiah!

There are limits to what we can know now about the Knicks end, but the names that have been bundled together for 'Melo and Chauncey Billups pretty much requires they land Deron Williams within the next 18 months if they're losing Felton here. And that may not be possible under the collective bargaining agreement at that time.

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  • Go after JR Smith....Denver rebuilding

  • In reply to Csharp:

    I really don't understand this. You have to trade over $5 million in salary to get him and maneuver a sign-and-trade, meaning you're committing years to overpay him -- as the new CBA will likely prevent players of Smith's caliber to get overpaid. If it isn't a sign-and-trade, you're dealing way too much for a rental that doesn't make you a championship contender. "JR Smith" is kind of a non sequitur.

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