Carmelo Anthony will sign a five-year, $120 million-plus contract to return to the New York Knicks, league sources told Yahoo Sports. Anthony considered the Chicago Bulls, Los Angeles Lakers and Houston Rockets before deciding to re-sign. He notified the other teams on Saturday that he's returning to New York. Read more http://sports.yahoo.com/news/sources--carmelo-anthony-returning-to-knicks-175747449.html
In other words the moron isn't cutting the Knicks a break at all. If the dope took 5 years at 95 million, then he would be cutting them a break. Taking 1 or 2 million off the salary cap will do nothing.
Completely agree. He said the last several months it is not about the money. Well ya, it is. It is about Melo. I cant blame him, but he is just words. I read it was 122 mill. So 7 mill over 3 seasons to build a championship team? Good luck Phil! now Phil will have some room once Amare and Bargs are gone, but would that be enough to forum a championship team? Dont know.
