The New York Knicks and forward Carmelo Anthony are close to a five-year deal worth $120-million plus, according to Adrian Wojnarowski.
Yahoo Sources: Carmelo Anthony finalizing 5-year, $120M-plus deal with the New York Knicks. http://t.co/Abwsmz2phz
— Adrian Wojnarowski (@WojYahooNBA) July 12, 2014
According to a source for Wojnarowski, the deal might be less than the maximum $129-million.
According to ESPN.com, the Chicago Bulls and Houston Rockets have been told to 'move on'.
Last season, Carmelo played in 77 games, averaging 27.4 points per game.