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 9, 2006
Posted on: February 22, 2011 12:54 pm

Knicks, Nuggets agree to Melo trade

Fantastic move...Billups is the glue....I see them winning tomorrow...right off the bat...

Since: May 5, 2009
Posted on: February 22, 2011 12:52 pm

Knicks, Nuggets agree to Melo trade

Rose and Durant are the future of the N.B.A the famed great draft class of 2003 has proven to be weak minded and lacking leadership. If this is how the majority of players feel then the league will have to contract teams. I am liking the M.L.B draft better and better there is a reason the Yankees loose their first round picks and teams that are poor, draft great talents such as the Nationals who got Strasburg and Harper back to back years. That seems better than midseason trades but mainly more in line to save teams like the Cavs and Raptors who didn't make moves and got nothing in return. If the Kicks wanted to sign Mello their 1st round pick should have been forfeited regardless. Same to Miami who should've lost multiple picks and not been allowed to have any say or where they went. Who is spending $100 a ticket to see the Cavs, Raptors, T-Wolves, etc. Those teams will be awful for a long time and may never be able to build a winning(competitive) team in the present market place.

Since: Oct 1, 2006
Posted on: February 22, 2011 12:51 pm

Knicks, Nuggets agree to Melo trade

Very interesting trade.  On paper the Knicks look like they will be a contender in the East with Melo and Billups.  Only problem is the Knicks and Mike D'Antonio teams still have no defense.  So when it comes down to a 7 game series against either Boston or Chicago the Knicks more than likely get ousted.  The Knicks will match-up favorably with the Heat though.  Denver got a great deal ridding themselves of Melo who was a naisance about his lack of loyalty to the Nuggets which would end up in another playoff loss.  Raymond Felton is a great point guard for the future although his numbers should dip in Denver based on the offense.  As for the #1 pick Denver picks up it will be a late first rounder as the Knicks will win a lot of games this year.

Since: Sep 7, 2006
Posted on: February 22, 2011 12:48 pm

Knicks, Nuggets agree to Melo trade

I can tell you one thing, when the Knicks visit Mia, your not going to here Boo's just like NY did to Lebron. Were happy (or I am) for the Knicks getting Anthony. Now the next era of Miami Vs. NY Rivalary begins. So even though NY is a Bunch of hypocrites and is basically doing the same thing that miami did, my hats off to them.

PS. Miami is still going to win!

Since: Nov 30, 2010
Posted on: February 22, 2011 12:31 pm

Knicks, Nuggets agree to Melo trade

Finally! they traded him. I can't believe the Knicks traded raymond felton. I think the nuggets got the better of the deal. (with the edge being they got the round one draft pick)

Since: Aug 28, 2009
Posted on: February 22, 2011 12:27 pm

Knicks, Nuggets agree to Melo trade

I guess the Knicks won't be passing the ball anymore with two of the league's top three black holes on the same offense.

Since: Jan 28, 2008
Posted on: February 22, 2011 12:16 pm

Knicks, Nuggets agree to Melo trade

and teams like the sixers are working hard and playing like a team should be. not bought just to prob. go nowhere anyway with not enough balls for everyone.i love it. greedy filthy animals

Since: Jun 2, 2008
Posted on: February 22, 2011 12:07 pm

Knicks, Nuggets agree to Melo trade

good job denver!  you got a s#!tload when you could have had nothing.  Thanks for a good 7 years Melo, it ain't gonna be any easier for you from here on out.  You had a chance to join Elway and Sakic as legends in town, but you didn't take it.

Since: Sep 28, 2010
Posted on: February 22, 2011 11:40 am

Knicks, Nuggets agree to Melo trade

Pippen to his Jordan?

Is that a "bad" thing?

Anyone that would refer to Pippen as a "Role Player" clearly has no appreciation of history. Pippen was equally important to the six championships as Jordan. Equally.

He's a top-50 all time player.

If Carmelo has half the career success as Pippen NYK fans will be very, very happy

Since: Sep 5, 2006
Posted on: February 22, 2011 11:40 am

Knicks, Nuggets agree to Melo trade

There's no chance the new CBA will allow another max guy on top of the $40 mill already being paid to Carmelo and Amare. Zero chance. I don't even think they'll be earning $40 million, because I think the league is going to roll back contracts. And before everyone laughs the idea off, the NHL did it in 2005. They had a problem with absurd contracts and did something about it. And that lockout cost us a whole season, just like this one will.

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