New York, NY, United States (4E Sports) – All-Star forward Carmelo Anthony will remain in New York as he signed a new deal with the Knicks, several media outlets reported Saturday.
The final details of Anthony’s contract will be known at a press conference Sunday where the Knicks will officially announce his return.
The Knicks reportedly offered Anthony five contract options, including the maximum five-year deal worth $129 million.
Sources said team president Phil Jackson was trying to encourage Anthony to take less than the maximum amount to give the Knicks some cap space to acquire other free agents.
Anthony decided to stay with the Knicks after talking to four other teams – the Chicago Bulls, Houston Rockets, Dallas Mavericks and the Los Angeles Lakers.
Anthony made the decision on the 12th day of free agency, 24 hours after LeBron James decided to return to the Cleveland Cavaliers.
Earlier, Anthony and James were exploring possibilities of playing in one team. However, interested teams lack the needed salary cap space to accommodate the two superstars.
Last season, Anthony averaged 27.4 points, 8.1 rebounds, and 3.1 assists last season, making 45.2 percent from the field and a career-high 40.2 percent from 3-point range.
However, the Knicks won just 37 games and missed the playoffs by one game to the Atlanta Hawks.