The New York Post has the story:

Carmelo Anthony is expected to inform the Nets by today at the latest whether or not he will accept a trade to New Jersey and sign an extension to play there, sources told The Post last night.

There were reports that the Nets’ meeting with Carmelo didn’t go all that well, but owner Mikhail Prokhorov called the meeting “fantastic” and thinks his team has a shot. (Doesn’t this sound like “The Decision: Carmelo Anthony” at this point?)

Per ESPN, Prokhorov seemed content with having driven up the price for the Knicks.

“I think we made a very good tactical decision to force [the] Knicks to pay as much as they can,” Prokhorov said. “So it’s very good, it’s very interesting, it’s very competitive.”

I mentioned that this might be his strategy in a post from last Thursday.

This could turn out to be a savvy move by Nets owner Mikhail Prokhorov. He felt like his team was getting played by the Nuggets and/or Carmelo, and he ordered management to back off. Now that the trade deadline is quickly approaching, he sees that the Knicks may get Anthony for nearly nothing, and by reentering trade talks, at the very least he should be able to drive the price up on any forthcoming Knicks/Nuggets trade, hurting the rival Knicks long term.

At the very least, Prokhorov’s involvement upped the ante for the Knicks and hurt them long term by forcing New York to give up an extra starter or two.

The Nuggets have a game on Tuesday, and if Carmelo suits up and plays, it means that nothing is close to getting done. I’d expect the Nuggets to hold him out of Tuesday’s game just to be safe. After all, the trade deadline is on Thursday — why take on the injury risk?

The Nets had their chance to pitch Camp Carmelo on their plans for the future when the two sides met at a Los Angeles restaurant, per ESPN.

Nets owner Mikhail Prokhorov and minority owner Jay-Z spent the 40-minute session informing Anthony of the club’s short-term and long-term vision, centered upon their scheduled move to Brooklyn for the start of the 2012-13 season and their confidence in building a championship-caliber team around him, largely through free agency.

Sources said Anthony was noncommittal after hearing the Nets’ presentation, declining to say whether or not he would sign the three-year, $65 million contract extension that New Jersey has established as a prerequisite for completing a trade with Denver.

According to Yahoo! Sports Adrian Wojnarowski, the Nets were not confident after the meeting.

After Carmelo Anthony sit-down with New Jersey ownership, “The Nets didn’t come away very confident,” a source briefed on meeting tells Y!

Wojnarowski also published a column early Sunday morning that outlines the growing influence that Isiah Thomas — yes, Isiah Thomas — has over owner James Dolan, who has taken over the Knicks’ trade negotiations with the Nuggets.

“Isiah is calling the shots for New York,” said one front-office executive with knowledge of the Anthony trade talks. “It’s a disgrace. Donnie should walk.”

Dolan has overruled Walsh in these trade talks and undermined his authority. Walsh has never wanted to give away Raymond Felton for an aging Chauncey Billups and throw Danilo Gallinari into the package, too. This is all Isiah, all his influence.

This all comes down to Carmelo. While most stars wouldn’t want his future team to be gutted in order to acquire him — remember those Kobe-to-Chicago rumors from a few years ago? — Carmelo just wants the Knicks to give the Nuggets enough to get this deal done before Thursday’s trade deadline. He wants to play for the Knicks and he wants his three years and $65 million in security. A supporting cast is a distant third on his wishlist, apparently. Unless he’s suddenly willing to re-up with the Nets, he’ll be a Knick by the end of the week.

As for the reemergence of Thomas as the de facto GM in New York — well, that’s just disturbing. Isiah can evaluate talent and had a pretty good run of drafts when he ran the Knicks, but in every other area of the job he was a complete disaster. Knicks fans have to be troubled by these recent developments.

Ric Bucher says that any deal won’t get done until Monday because the league does not want the awkward situation of Carmelo playing in Sunday’s All-Star Game for the West, when he actually belongs to a team in the East.

Frank Isola of the NY Daily News reports that Knicks owner James Dolan has taken over negotiations with the Nuggets for Carmelo Anthony.

Carmelo Anthony’s future is now in James Dolan’s hands.

Dolan, the chairman of Madison Square Garden, could decide as early as Saturday whether to agree to a blockbuster deal with the Denver Nuggets or risk losing the All-Star forward to the Nets.

Isola’s piece isn’t specific about the parameters of the trade because it doesn’t sound like the Knicks have decided who they are (and aren’t) willing to give up.

Dolan apparently included Danilo Gallinari in the latest version of the trade, but Ray Felton, Landry Fields, Wilson Chandler, Timofey Mosgov and Anthony Randolph have also been mentioned in these trade talks.

GM Donnie Walsh and Mike D’Antoni are apparently against doing the trade, so if Dolan does pull it off, look for the Knicks to give up Gallinari and Felton, along with two or three of Fields, Chandler, Mosgov and Randolph. If Felton is included, the Knicks would likely get Chauncey Billups in return.

The Nuggets feel like they have some leverage since they have agreed in principle to a trade with the Nets, but if Anthony isn’t willing to sign the extension with New Jersey, it won’t matter. He’s reportedly irritated that the Knicks haven’t done more to get the trade done, and that irritation could lead to a sudden willingness to play with the Nets if he’s faced with playing for the Nuggets the rest of the year.

Per ESPN…

Carmelo Anthony and New York Knicks owner James Dolan met on Thursday night in Los Angeles, the New York Daily News reported on Friday afternoon.

The newspaper also reported that the executive of the Knicks and Denver Nuggets were set to hold a conference call on Friday afternoon to discuss a deal involving Anthony, who has been the subject of trade rumors to the Knicks and New Jersey Nets for the past several months.

As for the Nets…

Anthony, speaking Friday at a NBA Cares Day of Service event in Los Angeles, said “no meeting at all” is scheduled with the Nets. Calling it “news to me,” Anthony said: “If I was to meet with that guy [Prokhorov] to be honest I really don’t know what I would say.”

“If I was to meet with that guy…”

Wow.

So both Prokhorov’s spokeswoman and Anthony are denying that there’s a meeting scheduled, yet there are reports that the Nets and Nuggets have come to terms on a deal.

I can’t wait for this to be over.

Adrian Wojnarowski of Yahoo! Sports is reporting that the Nets and Nuggets have agreed to terms on a deal that would bring Carmelo Anthony to New Jersey/Brooklyn.

The Nets and Nuggets are discussing a deal that would send Anthony, Chauncey Billups, Melvin Ely, Renaldo Balkman and Shelden Williams to the Nets for Derrick Favors, Devin Harris, Troy Murphy, Ben Uzoh and four first-round draft picks, league sources told Yahoo! Sports on Thursday night.

The Nuggets are expected to move Murphy and his $12 million expiring contract to a third team and sweeten the deal with one or two of the Nets’ draft picks.

Here’s how the trade looks in the ESPN Trade Machine. (Click the picture to see it at ESPN.)

Keep in mind that in addition to Harris and Favors, the Nuggets would get four first round picks from the Nets. They’re expected to send one or two of those along with Troy Murphy to a third team to get rid of his salary. If they’re successful, they’ll shave $20 million off of this year’s payroll (though most of that money has already been paid to the players).

It will be interesting to see how the Nets come up with four first round picks. They currently own the 6th-worst record in the league, so their own pick could be very valuable, but the Warriors’ 2011 pick that they acquired as part of the Marcus Williams trade is protected through 2013 before it turns into a pair of second round picks.

This looks like the best deal available for the Nuggets, who apparently covet Favors. The only thing that seems to be standing in the way is Anthony agreeing to sign a three-year extension to play for the Nets. If he does, the Knicks will be out of the running. If he doesn’t, then I think the Knicks and Nuggets will get something done before the trade deadline. The Nuggets are truly at Carmelo’s mercy at the moment.