Blog Entry

Knicks, Nuggets agree to Melo trade

Posted on: February 21, 2011 9:57 pm
Edited on: February 23, 2011 9:35 am
Seven months after the famous toast at Carmelo Anthony's wedding, the second member of the Knicks' proposed Big Three is on his way to New York.

Just like he wanted all along.

And now that Anthony is finally a Knick, teaming with Amar'e Stoudemire to form one of the most lethal scoring duos in the NBA, the question of how it's going to work is as important as who's coming next.

The Knicks and Nuggets agreed Monday night on a massive, three-team, 13-player trade sending Anthony to New York, three league sources told

The deal, approved by league officials Tuesday night, is Wilson Chandler, Danilo Gallinari, Raymond Felton, Timofey Mozgov and New York's 2014 first-round pick going to Denver for Anthony, Chauncey Billups, Shelden Williams, Renaldo Balkman and Anthony Carter. The Timberwolves agreed to take Eddy Curry's expiring contract along with Anthony Randolph from the Knicks and send Corey Brewer to New York -- not Denver, as was discussed in a previous version of the trade. The Wolves get $3 million from the Knicks, which will be used to buy Curry out of the few remaining pay checks on his $11.3 million contract.

The Nuggets also get Golden State's second-round picks in 2012 and '13 from New York -- an incredible haul for Denver general manager Masai Ujiri considering the superstar he was forced to trade in his first few months on the job only had one destination in mind. Denver also gets Greek center Kosta Koufos from Minnesota for a second-round pick, a wrinkle added during the trade call with league officials Tuesday. Mozgov and the second-round picks being added after the Knicks made what was described as their final offer Sunday further called into question whether Madison Square Garden chairman James Dolan overruled his basketball staff to close the deal.

As they said on one of the news shows Monday night in New York, "If your name is not Amar'e Stoudemire ... you've been traded!"

"They gave up their team," one rival executive said of the assets New York surrendered for Anthony, the league's sixth-leading scorer and a four-time All-Star.

Despite the assets surrendered for Anthony, the deal was another bold step for Knicks president Donnie Walsh, who needed only two years to clean up a decade-old mess at the Garden and put two of the top 10-15 players in the NBA in Knicks jerseys in a span of seven months. Though the Knicks team that emerges from this trade will have flaws, it is the most relevant -- and most dangerous -- team that has inhabited the Garden in more than a decade. The key player the Knicks would have refused to give up in the deal was Landry Fields, a second-round pick who has emerged as one of the top rookies in the league.

Pending the passing of physicals, Anthony and Billups will make their Knicks debuts Wednesday night against Milwaukee at the Garden.

The question becomes whether Walsh will have enough flexibility to make the third member of the Anthony wedding trinity, Chris Paul, appear between 31st and 33rd Streets when he is a free agent in 2012. Deron Williams also will be a free agent that summer, and reported last week that Williams began contemplating a union with Stoudemire last summer. It isn't clear whether Stoudemire and Anthony making a combined $40 million in 2012-13 will allow space for a third max player under a new collective bargaining agreement. But once the Lakers, Celtics and Heat set the precedent for superstars teaming up, it can't be good for them and not good for others.

The Nets, whose pursuit of Anthony ended Monday night in a crushing disappointment for Russian billionaire owner Mikhail Prokhorov, could expand the deal by taking two ex-Knicks from Denver but are not fully committed to the idea, according to a person briefed on the negotiations. The Nets' involvement depends on which two of the four ex-Knicks the Nuggets want to trade. Nuggets officials have been pushing for some degree of assurance that they can flip two of the Knicks players they are getting for draft picks, which they value more.

It was presumed earlier Monday that Denver would flip Gallinari and Mozgov to New Jersey for two first-round picks, providing the final incentive for Denver to part with its franchise player. But sources indicated Monday night that the Nets may actually want Felton in that scenario, and that New Jersey prefers Felton over acquiring Andre Miller from Portland in one of several separate potential trades they are discussing.

Either way, Anthony finally will get his wish Tuesday -- a three-year, $65 million extension with the Knicks, the team he has pushed to be dealt to since September. reported in December and again in January that Anthony, if traded, wouldn't sign an extension anywhere but with the Knicks. His persistence was tested in recent days, when Anthony agreed to meet with Prokhorov, hip-hop mogul Jay-Z and other Nets management figures during All-Star weekend in Los Angeles as a condition of getting permission to meet with the Knicks' Dolan. Anthony was careful not to give any commitment to Prokhorov, but he also didn't turn the Nets down. To ensure that the Nuggets could get a competitive offer from New York, Anthony needed to leverage the possibility of signing the extension with the Nets. So in a way, Anthony and Ujiri were working in tandem all along to get Anthony to his preferred destination in a way that satisfied both their agendas.

Anthony, 26, will join fellow All-Star Stoudemire, 28, to form one of the most potent offensive duos in the NBA -- and the highest-profile superstars in their prime that the team has had in the lives of most Knicks fans. But with the Knicks giving up three starters and Mozgov, a 24-year-old 7-footer, New York will have a thin bench and still won't have a defensive big man to take pressure off Stoudemire. In addition, Stoudemire and Anthony will be scheduled to make $40 million combined in 2012-13 -- perhaps hampering the Knicks' efforts to land a member of that summer's star-studded free-agent class including Paul, Williams, and Dwight Howard.

Meanwhile, Denver's new basketball brain trust of Ujiri and executive Josh Kroenke passed an enormous test of their will, patience and negotiating chops with flying colors. Going all the way back to September, when they refused to pull the trigger on a four-team Melo trade involving Charlotte and Utah, Ujiri and Kroenke expertly played the Knicks and Nets against each other to the tune of a potentially massive package of assets for Anthony. The strategy resulted in an out-of-control groundswell of public support in New York for the Knicks to acquire Anthony, a player some significant members of the organization were determined not to give up major assets to acquire. And in an unimaginable twist given the obstacle that Anthony only wanted to re-sign with the Knicks, the Nuggets could wind up walking away with significant assets from both of the teams that pursued their star player.

It is common for general managers to print money in trades through contract-swapping. The Nuggets could essentially wind up printing draft picks by flipping two of the Knicks' players they didn't want for assets they value more. Even if the Nuggets wind up trading none of the ex-Knicks to New Jersey, it was an extremely impressive debut in the hot seat for Ujiri, a Nigerian-born former international scout who was part of the Toronto front office that got burned by free agent Chris Bosh last summer.

The Knicks get older, but arguably better at the point guard position with Billups, 34, taking over for Felton, 26 -- though Billups is not a classic pick-and-roll point guard and will have trouble playing the heavy minutes Felton endured. Williams, a disciplined, 6-9 reserve, will help bolster New York's undersized front court, and the addition of Brewer to the deal gives the Knicks a much needed wing defender.

In the end, this one's all about Melo -- a sidekick for Stoudemire who will cause problems for Boston, Miami and Chicago while serving as further magnetism for future free agents.  

They're still one shy of a Big Three.

For up to date news on the NBA trade deadline, follow Ken Berger on Twitter at @KBerg_CBS
For more on the Nuggets' trade of Carmelo Anthony to the New York Knicks: 
Ben Golliver breaks down the winners and losers from the trade
Did this trade make the Knicks contenders? Royce Young has his doubts
Carmelo Anthony: No one man should have all that power , thinks Matt Moore. 


Since: Dec 10, 2006
Posted on: February 22, 2011 4:09 am

Knicks, Nuggets agree to Melo trade

Hey man, the Sixers should be really good the next 10 years.  From what I've been seeing this year, we are one big man away from being a serious contender.  Not bad considering the mess Stefanski has found when he stepped in as a GM.  He made one mistake, as far as I am concerned.  Not trading away Iggy for Stoudemire when the Suns were interested last year.  But it is ok, I really like our team.  It has a lot of upside.  As for the Knicks, am I the only one who thinks that they screwed up BIG time with this trade?  I don't think having Melo and Amare is good enough to contend, especially when they don't even have enough players to suit up for the next game.  I think they pretty much gave away this season, and the next season, who knows.  Denver got the best out of this deal, no question about that. 

Since: Dec 27, 2010
Posted on: February 22, 2011 4:04 am

Knicks, Nuggets agree to Melo trade

Im glad to see all these super stars moving to the East because it gives us fans of lesser teams hope for our teams to make the
 playoffs now that Denver will fall out of playoff contention. Im also happy to see the knicks return to respectability since the
 days of P. Ewing and Im not even a Knicks fan. I just hope my Sacramento Kings could add a franchise player after this season
 with all that cap room money they will have and they will also have a top five draft pick this off season. So the future looks good
 because we already have T. Evans D. Cousins go Kings!

Since: Feb 10, 2007
Posted on: February 22, 2011 3:51 am

Knicks, Nuggets agree to Melo trade

If you look at this trade and all the productive AND young pieces NY shipped out for basically ONE GUY and an aging PG ... the Knicks really got screwed on this deal BIGTIME.   Add to this, their bench just got a lot smaller as well.   And they lost what 3 draft picks, which are a crap shoot, but still, that's 3 picks and one of em is a #1.   Knicks were idiots on this one .... bowing to Melo's desires cost them BIGTIME ... all they had to do was wait till the season was over and they woulda made out like bandits.  Hilarious!

Since: Oct 20, 2010
Posted on: February 22, 2011 3:51 am

Knicks, Nuggets agree to Melo trade

I don't see this as a good move for the Knicks. They just gave up the guy who runs the offense and gets the ball to Amar'e, and in return they bring in a guy that needs the ball in his hands to be relevant and his personal point guard. Melo doesn't play like Marion or Grant Hill, good SF's who could play alongside Amar'e. This makes for a strain on D'antoni's system since Melo isn't a great shooter from beyond the arc. There is also the question of whose team this is. Amar'e's big reason for leaving Phoenix was his desire to carry a team, and now with a bigger superstar like Melo coming aboard, who will fans gravitate to more? When there is success, who gets the credit? In pressure situations will Chauncey give it to Melo or Amar'e? The Knicks messed this one up. One specific player is never the only answer. They could have found help elsewhere this season, or waited until the end of the season to push hard for a sign and trade. That would have put the Nuggets' backs to the wall, because the reality of letting Melo go for nothing would be immediate. Just another case of an owner stepping into the world of the GM and mucking things up. Let people do the job they are hired to do. Of course, if this was only about jersey sales...good job.

Since: Mar 29, 2009
Posted on: February 22, 2011 3:42 am
This comment has been removed.

Post Deleted by Administrator

Since: Dec 20, 2008
Posted on: February 22, 2011 3:40 am

Knicks, Nuggets agree to Melo trade

The Knicks had a poor defensive team to begin with, but now they've gotten even worse in that area with this trade, what little defense they did have went with the guys they sent off.  Rebounding too, I mean Fields and Amare are their only decent rebounders now, and thats not enough.  I can't wait until next week's games against Miami and Orlando to see how this new Melo team plays out.  Chemistry and teamwork is gonna be a huge questionmark.

Since: May 1, 2008
Posted on: February 22, 2011 3:22 am

Knicks, Nuggets agree to Melo trade

A stinker like this just reeks of Isaiah. Gotta feel sorry for the Knick fans for having an idiot in charge.

Since: Oct 30, 2008
Posted on: February 22, 2011 3:13 am

Knicks, Nuggets agree to Melo trade

The league is getting weirder every day. No way it stays successful 30-game league with the direction it is taking.
Great trade by Denver though. They made out like bandits. Felton, Galinari, Chandler AND future double-double guy in Mozgov... There is a new sheriff in town... his name is Masai Ujiri. Congrats!

Since: Jan 5, 2009
Posted on: February 22, 2011 2:49 am

Knicks, Nuggets agree to Melo trade


The KNICKS just improved their team big time... Glad the Melo drama is over!

Since: Feb 10, 2007
Posted on: February 22, 2011 2:47 am

Knicks, Nuggets agree to Melo trade

This team is going to get scored on ..... alot.  

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