Carmelo Anthony to New York Knicks, More Deals To Follow (Updated)

Carmelo Anthony

Update #3: David Aldridge is reporting that the Nuggets are not attempting to flip recently acquired Knicks players for Nets draft picks.

Update #2: Frank Isola of the Daily News reports that the Carmelo Anthony deal to the Knicks as proposed is “done.” Marc Spears of Yahoo! confirms.

The Timberwolves receive Eddy Curry, Anthony Randolph, and $3 million from New York, although Ken Berger is reporting that they were not informed of the completed deal.
The Nuggets receive Wilson Chandler, Danilo Gallinari, Raymond Felton, Timofey Mozgov, a 2014 New York first-round pick, a 2012 second-round pick, and a 2013 second-round pick (both from the Knicks, via Golden State).
The Knicks receive Corey Brewer, Shelden Williams, Renaldo Balkman, Anthony Carter, Chauncey Billups, and, of course, Carmelo Anthony.

Update: Alan Hahn of Newsday and Marc Spears of Yahoo! are both tweeting that the Knicks-Nuggets deal could be done as early as tonight, and should be finalized by tomorrow.

Adrian Wojnarowski’s sources have told him that the Nets are fielding multiple offers, and that the Portland offer isn’t even in the lead. One of these deals is a three-way between Dallas, New Jersey, and Denver which would land Harris in Dallas and Felton/Mozgov in New Jersey. No word if this is independent of a Gallinari deal, but even so, I don’t think Cuban would take on Harris with Kidd and Terry already in the rotation.

As an aside, Carmelo will be on Conan O’Brien tonight. However, the show was pre-taped. Oops.

Carmelo Anthony
Another day of Carmelo Anthony.

Today’s been a pretty wild day regarding the Carmelo Anthony trade rumors, so let’s take a quick look at what’s been going on.

According to Fred Kerber of the New York Post, Carmelo was going to indicate whether or not he would plan to sign an extension with New Jersey today. As of the time of this writing, there is still no word on that, although Chris Mannix has tweeted that the Nets have pulled out of negotiations. I wouldn’t count on this as hard fact, but it seems that the Nets are essentially out of the running.

However, an interesting wrinkle has emerged: multiple sources are reporting that if the New York Knicks end up dealing Raymond Felton, Wilson Chandler, Danilo Gallinari, and Timofey Mozgov (with other assets) for ‘Melo, the Nuggets would then flip Mozgov plus one of the other three (likely Gallinari) to – get this – the Nets, for two unconfirmed first-round draft picks. Now, if these picks are of good value, I’ll be a little disappointed – I don’t think those guys are worth giving up multiple lottery picks for. But as a fan of Gallinari, Chandler, and Felton, I think that’d be a great deal to pull off. Plus, it would really stick in James Dolan’s craw.

Also, Al Iannazzone recently reports that the Nets are still trying to find a home for Devin Harris, who appears more and more every day to have played his final game in a New Jersey Nets uniform. While no one is interested in the albatross that is Travis Outlaw’s contract, a deal of Devin Harris and the expiring Troy Murphy for Andre Miller & Joel Przybilla has been discussed. The talks are allegedly “not close,” but since this trade has been floated for months and is now just gaining steam, there’s a good chance there’s fire in the smoke. Troy Murphy has also been rumored for a day or two to potentially be going to Golden State for Brandan Wright, and that deal is still on the table. These deals would only go down if the Nets didn’t acquire ‘Melo, but are independent of the Mozgov combo deal.

I wish I could tell you definitively that this will all be over tomorrow, but I’ve thought that on about 50 different nights since September. However, the trade deadline is looming large, and it should be done by Thursday.

Stay tuned.