Carmelo Anthony to opt out of deal

ESPNAPI_IMG_NO_ALTEXT_Value

Carmelo Anthony has decided to opt out of the final year of his contract with the New York Knicks and become an unrestricted free agent, according to multiple sources.

Anthony has until Monday to officially inform the team of his plans.

Knicks president Phil Jackson said recently that he hoped Anthony would consider opting into the final year of his contract and testing free agency in the summer of 2015. Jackson has privately expressed that hope to Anthony several times since the end of the regular season.

The Chicago Bulls are one of several teams with whom Anthony would consider signing, according to sources.

According to league sources, Anthony has talked to at least one high-profile person who lives in Chicago about what it's like to be famous in the Windy City.

The Bulls also have reportedly done their due diligence on Anthony in recent days. According to a report in the Chicago Sun-Times, Bulls coach Tom Thibodeau has reached out to some of Anthony's former coaches to inquire about the seven-time All-Star.

Anthony can sign a maximum contract worth $129 million over five years with the Knicks. He can ink a maximum deal worth $96 million over four years with another team.

Anthony has discussed the possibility of accepting less than a maximum contract to help the team that he signs with attract additional free agents.

-- This embed didnt make it to copy for story id = 24253708. -- This embed didnt make it to copy for story id = 24253708. -- This embed didnt make it to copy for story id = 24253708.
Join the Discussion
blog comments powered by Disqus
 
You Might Also Like...
See It, Share It
PHOTO: Caitlyn Jenner, left, is pictured on the June 9, 2015 cover of Vanity Fair. Jessica Lange, right, is pictured on May 31, 2015 in Beverly Hills, Calif.
Annie Leibovitz/Vanity Fair | Stefanie Keenan/Getty Images
PHOTO: Portraits of Sgt. William Shemin in uniform overcoat, left and Sgt. Henry Johnson of the 369th Infantry Regiment, right.
Courtesy Shemin family | US Army
Jason Statham Buys Hollywood Hills Home
Zillow | Inset: Adrian Sanchez-Gonzalez/AFP/Getty Images