Carmelo Anthony Staying with Knicks for 5-years, $129 Million, Daily News Reports

Boston Celtics v New York Knicks

Carmelo Anthony is going to return to the New York Knicks, according to a report. The New York Daily News reports that Anthony, who spent the last three-and-a-half seasons in New York, will sign a 5-year, $129 million deal with the Knicks.

The paper does leave wiggle room for Anthony to change his mind in the second sentence: “barring a last minute change of heart.” So you’re saying there’s a chance!

Players can begin signing free agent contracts on Thursday and the deal on the table from the Knicks is a max contract worth $129 million over five years.

So Phil Jackson caved, I guess. With the thought of losing his best player to the Bulls or Lakers (or Heat or Rockets), the Knicks backed up the brinks and committed financial suicide for the next five years to retain a 1-dimensional player who has never made any teammates better. Or maybe it’s just a “get that paper” move, and then figure the rest out later?

I sure hope Anthony has a last-minute change of heart. Look at this terrible roster. So you win 30 or 40 games in the East, lose in the first round of the playoffs and then hope that you can lure Kevin Love to New York in 2015 when Amare and Bargnani come off the books? What’s the contingency plan for Love? Maybe they get Rajon Rondo? Make a run at restricted Klay Thompson? Flexibility is the most important factor here, and the Knicks are giving themselves none by paying Melo $129 million.

Anthony, 30, averaged 27.4 points per game last season with the Knicks while playing a career-high 38.7 minutes per game.

[UPDATE: Carmelo Anthony’s agent tells ESPN no decision has been made yet.]

Related: Carmelo Anthony-for-James Harden is Lunacy; Houston Then Signing LeBron is Crazier
Related: If Kevin Love Gets Traded Before July, Can the Knicks Kiss Carmelo Anthony Goodbye?

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