It's been several merciful months since we've seriously thought about the bruised and battered corpse of a basketball organization that is the New York Knickerbockers. All good things must come to an end, and so it is with a heavy sigh that we turn our attention back to the Knicks and their latest drama: Carmelo Anthony is reportedly planning to opt out of his contract with the Knicks and test the waters of free agency. Nothing is official until tomorrow, but everyone is confirming it anyway.
Can confirm that Carmelo will opt out. Actually submitted his formal ETO letter on Friday stating his intentions to do so, per a source.
— Chris Herring (@HerringWSJ) June 22, 2014
Can confirm that Carmelo has already informed Knicks, in writing, that he's opting out. Did so Friday, as @HerringWSJ reported.
— Howard Beck (@HowardBeck) June 22, 2014
So Carmelo will be an unrestricted free agent on July 1. Knicks can offer the most $, but Bulls and Rockets will make a run at him.
— Howard Beck (@HowardBeck) June 22, 2014
Prediction: Carmelo Anthony will be taking a pay cut regardless of where he lands, including NY. Just a matter of how much.
— Howard Beck (@HowardBeck) June 22, 2014
A person close to Carmelo Anthony confirms that Melo, as expected, will inform Knicks on Monday that he's opting out. "One hundred percent."
— Frank Isola (@FisolaNYDN) June 22, 2014
RT @HPbasketball: "Carmelo Anthony to opt out." This story is LITERALLY from October. http://t.co/6z82OWSSrr
— Dan Litvin (@KnicksFanBlog) June 22, 2014
So much for the Phil Jackson wine-and-dine factor. The Chicago Bulls reportedly really want him, and a lot of other teams are interested but may or may not have the space for him (Dallas, Miami, Houston, Boston). This doesn't necessarily mean Anthony is leaving of course—he can still re-sign with the Knicks for a maximum contract worth $129 million over five years; he can only sign a max deal worth $96 million over four years with another team. If we've learned anything from Chris Tucker, it's that money talks.
And so we are left with lots of questions: is Melo just trying to get the Knicks to pay him the max amount, or is he actually interested in starting over in Chicago? Are there any other suitors who can afford him? What the hell kind of team would they be without Melo? If Melo leaves, will the organization blow up the team? Why the fuck did we trade for Andrea Bargnani? Are there any free agents who would be willing to come here at this point? Why are the Knicks so sad?