Tag:Mikhail Prokhorov
Posted on: February 20, 2011 12:26 am
Edited on: February 20, 2011 3:16 am
 

Melo, Nets meet with no resolution

Carmelo Anthony and agent meets with Nets owner Mikhail Prokhorov and Jay-Z in Los Angeles to discuss prospective trade for Nets to acquire All-Star. 
Posted by Matt Moore

Ken Berger of CBSSports.com has confirmed an AP report that Carmelo Anthony and Nets majority and minority owners Mikhail Prokhorov and Jay-Z met earlier Saturday night to discuss the Nets' interest in acquiring the All-Star small forward.  The meeting occurred just hours after Prokhorov released a statement through his spokesperson stating no meeting had taken place or was planned, and that they would have no further comment on the matter. The meeting also coincided with a renewed interest from the Knicks as owner James Dolan has become more involved in the talks, Berger reports. 

ESPN reports that the Nets meeting lasted 40 minutes and included Anthony's agent Leon Rose and advisor Bay Frazier, as well as Nets CEO Brett Yormark and GM Billy King. Melo was reportedly "noncomittal" following the meeting, and Yahoo! Sports reports that the Nets "didn't come away very confident." 

So the Nets got their meeting, and failed to hit the home run. But they're not out of it yet. Their biggest problem? James Dolan, who has become involved in the negotiations on the Knicks' side, and is offering up more and more assets to get the second superstar, threatening to damage the leverage Donnie Walsh has very carefully maintained throughout these negotiations. The Nets' biggest advantage? Their remaining ability to threaten Melo by not trading him, then taking his extension offer off the table, leaving him high and dry for the extra money entering a new CBA. 

The Nets have now offered three picks, Devin Harris and Derrick Favors for Melo in a three-way, walked away and said they were through, come back, offered the same deal plus an extra pick, said they weren't meeting with Melo, reaffirmed they weren't meeting with Melo, then met with Melo, and now they still don't have a deal. 

You've got to give it to the Russian, though. 

He's a persistent dude. 


Posted on: February 19, 2011 4:47 pm
Edited on: February 19, 2011 8:21 pm
 

Nets' Melo talks are contradicting as always

Nets owner releases statement he will not meet with Carmelo Anthony as report surfaces Anthony has yet again informed those close to him he will not sign an extension to play for New Jersey. 
Posted by Matt Moore

Update 8:10 p.m.: The New York Daily News is reporting that Melo will meet with Prokhorov tonight. Of course they are. Yahoo! confirms the report. Of course they do. Melo and Prokhorov have been lying through their teeth about these meetings all weekend, so this doesn't come as a shock. But Melo's consistently been reported to be very reticent about joining the Nets. If Prokhorov has his audience, he's got one shot to salvage this thing. 


It certainly looks like the Russian got played. Again. Significant developments occurred Saturday to indicate that the Nets' revived efforts to trade for Carmelo Anthony are either dead, or dying.  Nets owner Mikhail Prokhorov released a statement through his spokesperson Saturday afternoon saying: 
Mikhail has not met with and has no plans to meet with Carmelo Anthony. He is looking forward to enjoying All Star Weekend. We will have nothing else to add on this.
via The Bergen Record: In the 'Zzone.

Anthony confirmed to NBA FanHouse that he had no plans to meet with Prokhorov, either. 


This is then followed by a report from the New York Times that Anthony has, once again, reasserted that he will not sign an extension in the event of a trade to the New Jersey Nets, effectively eliminating them from the race, if accurate. This has been Anthony's position for a while as CBSSports.com's Ken Berger has reported. And by "fora while", I mean "since September." Throughout multiple efforts by the Nets to acquire Anthony, each time he has backed away from the idea of signing the extension with the Nets. And each time the Nets have come crawling back through the door, even after Prokhorov said he was done the first time. 

So the Times reports Anthony won't sign the extension, and in the same time frame Prokhorov releases a statement saying he has not met and will not meet with Anthony.  That's the sound of damage control.  

Honestly, Prokhorov should never have OK'd anyone from the Nets to get involved again. From the beginning there was talk that the Nuggets were using the Nets to apply pressure on the Knicks to beef up their offer,  a plan which seems to have worked. The Nets swallowed their pride in the hopes of getting the superstar they've covete, and instead have wound up as nothing more than a pawn for the Nuggets to extract more assets from the Knicks, when the Knicks know they maintain leverage.  The Nets now look weak from multiple angles, as a franchise free agents don't want to play for, as a front office easily manipulated, and a team desperate to gut its roster for a star who at the very least is signficantly reticent to join them. Having secret meetings while denying any involvement doesn't really work if everyone and the world knows that Jay-Z is in town and looking to meet with Prokhorov and Anthony. Even if the Nets do land Melo, it's been a bungled approach from the start, and that's before you consider they've essentially offered all the tea in China for him to the Nuggets. And even that hasn't achieved their goal. 

Then again, every report that comes out contradicts the one before it, so Anthony could be a Net by sundown and I wouldn't be surprised. The Knicks' latest offer includes Danilo Gallinari, Wilson Chandler, Raymond Felton, and a first round draft pick via Minnesota (in exchange for Anthony Randolph). 


Posted on: February 18, 2011 6:50 pm
 

Report: Knicks met with Melo Thursday

The Knicks' owner reportedly met with Carmelo Anthony yesterday. Which makes no sense. But what else is new?
Posted by Matt Moore


The New York Daily News is reporting that despite Carmelo Anthony's repeated denials regarding meetings with either James Dolan or Mikhail Prokhorov, the Nuggets All-Star met late Thursday with the Knicks' owner Dolan.  The meeting is reportedly to be followed by a conference call Friday afternoon with Dolan, Knicks GM Donnie Walsh, Nuggets owner Stan Kroenke (whose son is currently running the team), and Nuggets GM Masai Ujiri.

With a deal on the table for the Nuggets with the Nets, and Anthony's feelings still unknown regarding signing an extension with the Nets, this may represent a point of no return for the Knicks. If these talks do take place and don't go well, it may be the point where the Knicks walk away once and for all, a move Walsh and Knicks coach Mike D'Antoni have been leaning towards for days. 

New Jersey is reportedly still denying any meeting with Melo. But the deal is allegedly still on the table

So just so we're clear. The Nets walked back into these talks after saying they were done with them, opened up discussions, offered up four picks, and now they find out that Dolan may have met with Melo before they had a chance to. Seriously, New Jersey. Billy King, Mikhail Prokhorov, someone, grow a spine and take control of this situation. The Nets nearly have to offer whatever more (if there's anything left) for the Nugets to take just to avoid how this will look if they go through this process and it turns out they're just being used to put pressure on New York to surrender more assets, which is unlikely. 

This thing just keeps getting weirder. 
Posted on: February 18, 2011 2:41 pm
Edited on: February 18, 2011 3:40 pm
 

Melo: "No meeting at all" scheduled with NJ, NY

Carmelo Anthony denies that any meeting is scheduled with Mikhail Prokhorov and that any such meeting is news to him.
Posted by Matt Moore

UPDATE 3:30 p.m. EST: The AP also reports that Anthony denied any meeting with James Dolan, just as Berger had reported


There are also reports that Madison Square Garden chairman James Dolan wants to meet with Anthony this weekend. Anthony said there was no meeting scheduled with him, either, but seems to see the value in talking with a team that's interested in him. "Whether it's Prokhorov or Dolan or (Lakers owner Jerry) Buss, the third team that just came out last week, whoever it is, you would want to sit down and have eye contact with him and get a feeling for him," Anthony said.

If there are talks ongoing, it's being done without bringing Melo in, yet. Which, you know, is unlikely. If Melo's not being honest here, it's a continuation of his strategy of "playing dumb' throughout this process. If he's being honest, he's also not actively pursuing such meetings. Melo continues to play this very cool. 

Refuting reports from multiple sources, Carmelo Anthony told the AP today that "no meeting at all" was scheduled with Mikhail Prokhorov or the Nets organization. Ken Berger of CBSSports.com reported Thursday night no meeting had been scheduled with Anthony and the Nets, or the Knicks

Granted, considering it seems that absolutely no one is telling the truth in this situation, Melo could in fact have already met with Prokhorov, or have scheduled a meeting, or be on his way to a meeting.  But if he's being honest, then that means that a lot of the noise coming out of the Nets camp may not be as reliable, which calls into queston how close the Nets really are to getting him to agree to the extension that would push the trade through. 

Newsday reports that it's not just Prokhorov who the Nets are trying to get Melo to meet with, but minority owner Jay-Z.  The report also states that Jay-Z is trying to get a deal done Friday, as Saturday he has his annual dinner with close friend LeBron James. Such a busy guy, that H.O.V.A..

The takeaway here is that the Nets deal is probably not nearly as close as some outlets are trying to let on. Our own Ken Berger will keep you updated on the latest, just as he has since this whole Melodrama Melocatastrophe started. . You can follow him on Twitter here
Posted on: February 18, 2011 12:49 pm
Edited on: February 18, 2011 2:32 pm
 

Report: If Melo agrees, Nets deal in place

Report says a tentative Nets-Melo deal is in place, but as always, Melo still has to agree to extension which he has resisted for six months. 
Posted by Matt Moore

The Bergen Record is reporting a tentative deal is in place for Carmelo Anthony to become a Net, pending Anthony's agreement to an extension -- a piece of paper that has become the most ballyhooed document outside of Congress. 

The deal is the same Ken Berger reported on Thursday evening and we discussed Thursday afternoon , reported now by the Record , ESPN , and Yahoo!. It features the Nuggets getting Devin Harris, Derrick Favors and Ben Uzoh, with a third team taking on Troy Murphy. No one's figured out a third team to take Murphy, so either the deal isn't as tentatively "done" as the Record  is reporting or the teams are agreeing to a deal that assumes something they can't really count on. Again, no surprises there, considering how botched this process has been from the beginning. 

So again, the ball is in Melo's court.

Berger reported early Thursday that no talks have been scheduled between Melo and Nets owner Mikhail Prokhorov nor with Knicks owner James Dolan. That could change between now and Thursday's media availability, for which we'll have full coverage. 

For Prokhorov to take this meeting is in and of itself revealing of his attitudes as an owner. Apparently enough was not enough. Despite Masai Ujiri playing with the Nets for up to six weeks, agreeing to deals then backtracking and wanting more, the Russian mogul is about to get in bed with Denver again, only this time he's giving up the largest collection of assets yet. It may be the best thing for his business, but you have to wonder how he'd feel about it were he to step back and realize how badly he's been jerked around so far, assuming these reports are accurate. 

Anthony, however, isn't running into this arrangement with open arms. He's having to be convinced to meet with the owner of a National Basketball Association team in a major market that's looking to build a championship around him. If he's convinced, it won't be his whole self that is convinced -- it'll simply be an understanding that this is a compromise that features two of his goals: to play in a bigger market and to get the extension before the CBA is renegotiated. 

And what will be left to help him after the Nets trade away nearly a third of their team? Billups, Vujacic, Humphries and Lopez, with Morrow, Farmar, Outlaw and Stephen Graham off the bench. GET EXCITED, NEW JERSEY. For the remaining year you have before the team bolts to Brooklyn. 

This situation is as perplexing as ever, and should it fall through, Donnie Walsh may need oxygen because he'll be laughing so hard. 



Posted on: February 17, 2011 8:29 pm
Edited on: February 17, 2011 8:34 pm
 

Report: Nets in advanced talks for Melo... again.

Conflicting reports surface regarding possible revived Nets-Nuggets talks for Carmelo Anthony.
Posted by Matt Moore

I could have swore we were just here. Yahoo! Sports is reporting that the New Jersey Nets are in "advanced talks" in a huge nine-player, four-pick deal that would shake out as the following: 

New Jersey Nets receive: 

Carmelo Anthony
Chauncey Billups
Renaldo Balkman
Melvin Ely
Shelden Williams.

Denver Nuggets receive:

Derrick Favors
Devin Harris
Troy Murphy
Ben Uzoh
And... four first-round picks.

That is an absurd lump of assets for one player, and if true, shows just how desperate the Nets are to contend immediately. They're giving up Derrick Favors and Harris, along with the expiring contract of Troy Murphy, basically to get Melo and Billups. And that's before you factor in giving up 4 first-rounders. Those picks are likely spread out over the 2011 through 2014 draft (the Nets own the Warriors 2011 pick, lottery protected, as well as their 2012, and the Rockets' 2012 picks), but that's a massive amount of first-rounders to surrender, even for an All-Star, before we look at the value of Harris and Favors. 

However, a spokesperson for Nets owner Mikhail Prokhorov Thursday reasserted to the AP that the owner "has not changed his mind" since cutting off talks with the Nuggets over the last deal when the Nets were asking for three first-rounders.  ESPN reported Thursday that the Nets had entered into talks again, and that it was Prokhorov's insistence that the Nets be the ones to open the dialogue again. 

So either Prokhorov's spokesperson is lying or not up to speed, and Prokhorov decided it was fine to deal with Denver if they opened talks, even if it meant talking about an even higher price tag than the last one Prokhorov walked away from, or the Nuggets are trying to apply pressure on New York by fabricating talks with the New Jersey Nets. 

So this is fun. 

Expect things to continue on this track through the weekend and possibly all the way to the deadline. The Melo story has just hit a whole other gear of crazy. 
Posted on: January 19, 2011 7:14 pm
Edited on: January 19, 2011 7:14 pm
 

With the Nets out, who's left to chase Carmelo?

Posted by Royce Young



I'm not sure the Knicks have felt this lucky since the 1985 draft lottery. But really, something tells me all along that Donnie Walsh knew. He knew that Carmelo Anthony wasn't going to end up in New Jersey. That's why he kept the Knicks so low key in the Melodrama.

Nets owner Mikhail Prokhorov shocked most Wednesday by announcing his franchise was withdrawing from the Melo chase, citing that it was exhausting and taking up too many resources. He also said it was costing his team wins on the floor. I really think that Brook Lopez's desire to not rebound is probably doing that, but hey, he was looking for reasons.

(Now of course I have to mention that this could just be posturing or a threat to get Denver's attention, but general manager Billy King and Prokhorov seemed emphatic in saying it. These were public statements. It didn't seem like Prokhorov was trying to save face, even though that's what he really did. He knows Melo doesn't want to sign there. He feels like he's wasting time. So I don't buy the bluffing theory.)

With New Jersey pulling out, where does that leave the Nuggets? What does this mean for Carmelo? Denver had its best deal on the table with the four-team Nets deal that would give them assets in first-round picks, a young player in Derrick Favors and a lot of cap relief and savings. But that's gone now. Just like that, it's killed. Poof. Gone.

The hangup was always that Carmelo wasn't committed to signing an extension in New Jersey. If he was, this thing would've been done two months ago. But we kept hearing it over and over. Melo hasn't ever said he's willing to sign an extension with the Nets . Heck, Melo was basically saying it in every interview he did, but we just weren't listening. We were assuming that he was dancing around things. But he maintained he didn't know about the New Jersey stuff. All he ever said was he wanted to play in New York.

And now with New Jersey out of things, the Knicks are looking like the next, and really only option. Carmelo will sign an extension there. The Knicks have a decent package they can put together for the Nuggets. It all kind of makes sense now that the report dropped today about the Bulls re-entering the chase. The Nuggets are looking for leverage again and if the Knicks are the clear and only option, Denver won't get near the deal. Donnie Walsh sensed it when he said he was done talking about it. And Prokhorov was feeling it too. Everyone was starting to get played.

So here are the Melodrama options right now:

1. The Knicks spring into action. A New York offer will likely include Danilo Gallinari, Landry Fields/Wilson Chandler, Eddy Curry's expiring deal and a first-round pick. At this point, this looks like the absolute best deal out there, but with other teams, well the Nets, backing off, that deal may not be as sweet. The Nuggets lost a lot of leverage today.

But it's been clear from the beginning that Carmelo wants to play in New York. He'll sign the extension there and the Nuggets can get a decent amount back. This clearly looks like the top scenario unless of course Denver just doesn't approve of what its getting back or the Knicks decide they'll just wait for the summer.

2. Someone tries to rent Melo. Ken Berger talked about the Mavericks getting into the mix a bit to rent Anthony. With the injury to Caron Butler, this makes a lot more sense. What it'll take is Dallas being willing to take on a big contract (like Al Harrington) in return. Dallas doesn't have a ton of assets so they'll likely have to bring in a third team, but Mark Cuban isn't shy about making moves. And this is something he'd likely see as a deal to get his team back in prime contention.

Another candidate for this would be the Rockets, but with them slipping out of the playoff picture a bit, they might not be willing to give up good assets just to make a run to the eight-seed. Dallas is the clear candidate to make a rental out of Melo.

What this scenario doesn't require is "approval" from Carmelo, because he won't sign an extension with his new team. But that's what he wants. This means the Nuggets will get far less because the Mavericks (or whoever) don't get Anthony for the long-term. Again, more indication the Nuggets will turn to the the Knicks to take over and make the deal.

3. A dark horse steps up and Melo approves. Chicago has already been looped in, but that just seems like a leverage ploy. The Bulls have never been rumored to be high on Carmelo's list and the Bulls have never appeared to be that interested in dealing.

The real dark horse here seems to be someone like the Clippers. They have a good package they could put together (Al-Farouq Aminu, Chris Kaman and some picks) and maybe Anthony gets excited about playing with Blake Griffin, who is taking over the league. Los Angeles is a big time market, the team is rising and with Anthony, they could even make a little run this year.

Probably pretty unlikely because Melo hasn't never wavered on his New York wishes, but in terms of scenarios, I think this is at least possible. Chances are slim, but it's an option. The Clippers can top New York's deal, but we'd likely be right back to square one with the "Will Melo sign an extension with the Clippers?" game. That's why it's going to end up being New York.

4. The Nets try and get back in right at the deadline. Again, with the way Prokhorov and King backed off, this doesn't seem likely. They know Melo doesn't want to sign with the Nets. It's that simple.

But walking away is the best negotiation tactic out there. The Nets are trying to buy a new car and the dealership isn't budging. So they got up and left the lot. Maybe this kicks Denver's rear into gear and talks fire up again in a few weeks. Maybe this was a ploy by Prokhorov to get the media off his team's back for a bit.

The fact is, New Jersey has the best deal for Denver. But Melo doesn't want to sign there. If Denver can't get anything it likes by the Feb. 24 trade deadline, the Nuggets might turn back to the Nets and the Nets might convince themselves that they can convinve Carmelo to sign.

5. Nothing. Melo wants that extension. He said recently that he's positive there will be a lockout and if he doesn't sign that three-year $65 million extension, he could lose as much as $80 million over the life of his next contract. I doubt he's willing to risk that much. However, if the Knicks aren't budging, because they know they can hold out for the summer and just let Melo sign with them as a free agent, and Melo doesn't want to go anywhere, else, we might just see the season get played out.

I don't see that as likely at all because if it comes to this, Denver will trade Melo to Dallas as a rental and get something back. But maybe Denver decides it can sign Melo itself again. Maybe they try and convince him that extension is better than waiting and signing with New York but losing money. I guess it's possible, but really unlikely.
Posted on: January 19, 2011 5:56 pm
Edited on: January 19, 2011 7:18 pm
 

Nets owner Prokhorov walks from Carmelo talks

Mikhail Prokhorov has walked away from the Carmelo Anthony trade talks. Who are the winners and losers, and how does this decision impact Anthony's future? Posted by Ben Golliver. mikhail-prokhorov

Are the New Jersey Nets ready to give up their pursuit of Denver Nuggets All-Star forward Carmelo Anthony? 

Nets owner Mikhail Prokhorov, who was expected to meet with Anthony this week, addressed the ongoing trade talks with the media during a Wednesday press conference prior to New Jersey's game against the Utah Jazz, saying that he has had enough and that his organization would stop its pursuit of Anthony. 

Ken Berger of CBSSports.com has your on-scene report.

NorthJersey.com reported that Prokhorov summarized his reasoning simply: "It's been too long and too expensive."

NBA.com reported on Twitter  that there would be no turning back. "Wow. Prokhorov tells Nets to walk away from Carmelo deal ... says decision is final."

The Salt Lake Tribune reported that Prokhorov would not even meet with Anthony as expected. 
"There comes a time when the price is simply too expensive," said Prokhorov, who acknowledged that he is not happy with how the proposed deal played out. "I am instructing our team to walk away from the deal. And the meeting which was supposed to be held by our management tomorrow in Denver with Carmelo is hereby cancelled."
The Associated Press also noted that Prokhorov was not happy with the public nature of the negotiations.
"I'm not happy with the way ... this deal has gone until now," said Prokhorov. "It has taken too long. It has been played out in public and it certainly has taken a toll on the players and I believe that it has cost us several games. I think management did a great job.."

Here's video of the press conference, courtesy of YouTube user RickieRich1.



This qualifies as a shocking turn of events, as the Nets have aggressively pursued Anthony since last summer and reportedly nearly landed him twice, once in a four-team blockbuster scenario involving the Utah Jazz and Charlotte Bobcats before the season started and again in January, when a three-team trade scenario involving the Detroit Pistons was close. 

On Monday, CBSSports.com's Ken Berger reported that Anthony wasn't particularly keen on the idea of meeting with the Nets and there have long been questions about whether Anthony would agree to sign an extension with New Jersey if traded. 

Back in December, my CBSSports.com NBA Facts & Rumors colleague Matt Moore argued that the Nets should bail on the Anthony trade talks because the price was getting too exorbitant. 

Yahoo! Sports reported Wednesday that the Chicago Bulls may be entering the Anthony sweepstakes.
As trade discussions with the New Jersey Nets stall, the representatives for Carmelo Anthony(notes) are engaging the Chicago Bulls with hopes of pushing them into becoming a serious bidder for the Denver Nuggets star, a league source told Yahoo! Sports.
What should we take from today's revelation? Anthony's personal influence and power has been underrated through the last six months, if that's possible. Anthony is functioning as an independent entity here, on par with (if not more powerful than) the organizations trading him and trying to trade for him. Meeting his interests are just important to accomplishing a trade as making sure Denver and New Jersey are both satisfied. 

With New Jersey out of the picture, Denver is left scrambling, as the New York Knicks are the only remaining buyer with the ability to help the Nuggets achieve their goal of getting younger, shedding salary and stocking future assets. They are apparently also the only team that meets Anthony's desire to play in the New York City area, his hometown. Unlike New Jersey, however, New York is not prepared to compromise its present and mortgage its future to land Anthony, leaving Denver up a creek. It's possible we just watched the Anthony trade chip depreciate by 20% or more this afternoon. 

The hold up continues to be Anthony's refusal to sign a contract extension with just anyone. Denver may need to turn to a much less desirable Plan B, trading Anthony without his agreement to an extension. This would come at significant cost, as Anthony's trade value without an extension is much lower, but it would be better than losing him outright this summer. The Bulls, Dallas Mavericks and Houston Rockets have been rumored to have interest in a rental scenario. (For more on the Bulls angle, click here.)

Meanwhile, the Knicks are now free to low-ball the Nuggets to their heart's desire, knowing that their diminished offers for Anthony with an extension will likely still trump the offers of other teams trying to trade for Anthony without an extension. For that reason, if we had to guess right now, Anthony's most likely destination should he move before the trade deadline will be the Knicks. It's been reported that Denver isn't crazy about the pieces New York has put on the trading block: Eddy Curry, Danilo Gallinari, Wilson Chandler, etc. It's time for the Nuggets to take a good, long, hard second look. 
 
 
 
 
The views expressed in this blog are solely those of the author and do not reflect the views of CBS Sports or CBSSports.com