Tag: New York Knicks (Page 6 of 36)

Alan Hahn of Newsday has the details:

As we reported on Monday, a source with knowledge of the situation said there is “more of a sense of urgency” from the Knicks to get a deal done before the deadline rather than to wait until free agency. But that doesn’t mean the Knicks would be willing to pay top dollar if they know they’re the only bidder.

The Knicks know landing Carmelo would pave the way to attracting Chris Paul in 2012. But if Denver comes in at the 11th hour and demands the Knicks to add, say, Al Harrington (2012-13 salary of $6.68 million) or Chris Andersen’s ($5.2 million in 12-13), that would compromise their ability to sign Paul, or Deron Williams, in 2012, plus build a championship-caliber roster.

This looks like it could go one of three ways, assuming the Nets (or some other team) doesn’t step up with a new offer:

1. The Knicks and Nuggets come to terms. Trade is executed before the trade deadline.
The Knicks would like to acquire Carmelo now, but they don’t want to sell the farm to get him. The Newsday piece states that the Knicks are willing to give up Danilo Gallinari OR Wilson Chandler, and are willing to give up Raymond Felton for Chauncey Billups as well. Rookies Landry Fields and Timofey Mosgov, as well as Anthony Randolph, are also up for discussion.

I don’t think it would be wise to give up more than two of the following four players: Gallinari, Chandler, Fields or Mosgov. Fields is especially valuable since Anthony’s arrival woudn’t cut into his playing time, and he is arguably the Knicks’ best perimeter defender. Mosgov has also shown some flashes and is a 24-year-old legit seven-footer, so he has quite a bit of value as a prospect. It will be interesting to see whether or not the Knicks and Nuggets can come to terms. The article also states that the Nets thought they had a done deal before the Nuggets came back asking for more. The same thing might be happening here.

2. No trade is made. Anthony signs with the Knicks in the summer.
We don’t know if Carmelo wants to play in New York so badly that he’s willing to pass up $65 million in guaranteed money. This would be the ideal option for the Knicks, because they’d be able to sign him outright without having to give up many assets. But with the uncertainty of a new collective bargaining agreement looming large…

3. Carmelo panics when no trade is made and signs extension with Denver.
He could very well decide that playing in New York is not worth passing up the guaranteed money. Ideally, he’d get traded to the Knicks and sign the three-year extension with New York, but if the trade doesn’t go down, the money might be too good to pass up. He’s already admitted that he would take a long look at signing the extension if he isn’t moved before the trade deadline.

The thing to look for as the next week progresses is whether or not the key names in this trade are suiting up for games. If a deal is imminent, teams will usually rest players so that they don’t suffer a deal-breaking injury before the trade is finalized, so if Carmelo suddenly misses a start, we know something is likely to happen soon.

According to Frank Isola of the New York Daily News, Donnie Walsh did indeed turn down the Nuggets’ latest trade offer involving Carmelo Anthony. Isola has a “team source close to the negotiations” that is probably with the Knicks given Isola’s job covering the team.

The Nuggets, according to a source, are asking for three starters – including Danilo Gallinari and Raymond Felton – plus Eddy Curry’s expiring contract and at least one first-round pick. In that proposed deal, Anthony and veteran point guard Chauncey Billups would be coming to the Knicks.

The third starter could be Landry Fields, Wilson Chandler or even Timofey Mozgov, though it should be noted that the trade only works as it stands with Mozgov included. More salary (Al Harrington?) would be needed from Denver’s end to balance things out if Chandler or Fields were included. One would think that the Nuggets would want to include Harrington in any deal, but I can’t imagine the Knicks are eager to take him back.

I suspect the Knicks would be most willing to give up Chandler and/or Gallinari, since Carmelo would be replacing a lot of their minutes on the wing. At this point, it would be tougher to part ways with Fields given his excellent all-around play this season as a rookie and cult status amongst the Knicks faithful. Felton is an interesting inclusion seeing that the Nuggets already have a point guard in Ty Lawson that is capable of becoming a good starter, but Felton probably has more long-term value than Billups at this point, so why not?

The saga continues.

The Carmelo Anthony trade saga took another turn recently as Yahoo! Sports is reporting that he’ll only sign an extension with the Knicks.

Several sources told Yahoo! Sports that Carmelo Anthony’s agent, Leon Rose, has recently begun informing teams that the All-Star forward is interested in signing a contract extension with only the New York Knicks. The stance has weakened the Denver Nuggets’ leverage in trying to deal Anthony, not only to other teams, but also the Knicks.

The sources said the Knicks don’t feel pressed to present a substantial trade offer to the Nuggets because they think they can also sign Anthony after the season if he opts out of his contract, as expected.

“If you’re New York, you just sit and wait until the offseason,” one general manager said. “That’s where it’s likely to go. Why give up assets to get him now when you can wait and get him next season?”

The unnamed GM asks an interesting question, but a lot can happen in a few months. If the Knicks elect to wait until the summer they run the risk of Carmelo changing his mind about where he’ll re-sign. Maybe he gets irked about the fact that the Knicks wouldn’t trade for him, forcing him to sign a deal for less money. Maybe he gets traded to the Mavericks as a rental and the team gels and makes a run to the Finals, forcing him to rethink his priorities. Who knows.

If the Knicks wait, they’ll also pass on having Carmelo for a possible playoff run this season, and they’ll be pushing off the inevitable chemistry development into next season.

Ideally, the Knicks would acquire Carmelo by the trade deadline for next to nothing, but signing him outright this summer would save the Knicks assets and money, since an extension would cost more than a new free agent contract. It’s just a risky proposition to wait, because the summer is a long way away.