Carmelo Anthony Trade Rumors: Why Melo Can’t Pass Up Signing An Extension Now

January 7th, 2011 by Dmitriy Ioselevich Leave a reply »
Carmelo Anthony has all but guaranteed that his future lies with a team other than the Denver Nuggets, prompting a series of trade discussions about where he might land.

If the Nuggets don't trade Anthony before the NBA trade deadline, then they run the risk of losing their star player for nothing. But Anthony has indicated that he would only sign a contract extension with the New York Knicks, saying that he would opt out of his contract and become a free agent if dealt to another team. This has limited the number of potential suitors for the star, and left the Nuggets sorting through one-sided deals that made little sense for Denver.

But it may be to Anthony's advantage to sign an extension with whichever team acquires him, regardless of whether it's where he actually wants it to be. It may even be in his best interest to stay in Denver.

Under the current rules of the collective bargaining agreement, the most a player of Anthony's experience can earn as a free agent is $11 million, or 30 percent of the salary cap (2010-11: $17,413,200 million), whichever is greater. He could sign a six-year deal and earn a maximum raise of 10.5 percent of his fi ...

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