Carmelo Anthony Taking Less Money Is More Symbolic Than Helpful for NY Knicks

July 15th, 2014 by D.J. Foster Leave a reply »

For athletes in New York, how you're perceived matters a great deal. For New York Knicks star Carmelo Anthony, shaving a little money off his massive new contract and losing the "full-max" designation is an investment in his reputation more than anything else.

Anthony, undoubtedly and deservedly, could have taken every penny owed him. And while it's silly to begrudge someone for not leaving money on the table needlessly, Anthony now gets to control the narrative a bit. He's willing to sacrifice now, they'll say, and perhaps that will help recruit free agents in 2015 and beyond. Maybe it will make the media sessions a little easier if the Knicks struggle. 

It's like a lot of workplaces. Sometimes you take a little less money just to be more comfortable and remove some of the pressure.



So what was the cost of that?

Ian Begley of ESPN New York has the early contract details:

The contract will be for more than $122 million but less than the five-year, $129 million max figure, a source told ESPN The Magazine's Chris Broussard on Saturday.

"After three months of questio ...

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