10-time All-Star Carmelo Anthony, Oklahoma City Thunder readying to part ways
- Author: Stacy Allen Jul 07, 2018,
Jul 07, 2018, 1:25
The Thunder, weighed down by a historic $310 million payroll and luxury tax bill, can use the stretch provision, trade him or reach a buyout agreement with the 10-time All-Star and four-time Olympian.
This is a developing story.
This is particularly useful for teams who want to try getting out of a bad contract or, like the Thunder, are looking for salary cap relief because that stretched out money will count against the cap for every season that it's still on the books. The OK3 experiment looks to be officially finished in Oklahoma City.
The Heat, which has 11 players under contract for $120 million (just below the $123 million tax bill), doesn't have the cap space to take Anthony back in a trade without giving players back in the trade, which would be pointless in OKC's case.
The Thunder acquired Anthony, 34, in a trade with the Knicks before last season. Joining close friend LeBron James in Los Angeles with the Lakers is certainly going to be rumored.
That 1st season with the Thunder didn't work out, and even though Melo opted into his deal with the team to play next season, the franchise will likely part ways with him this summer. One team that could be in on him is the Houston Rockets, according to The New York Times' Marc Stein.
Wade, who has yet to decide if he's coming back for a 16th National Basketball Association season and would likely take no less than the Heat's $5.3 million tax exception, willingly accepted a bench role with the Heat when he was acquired at the National Basketball Association trade deadline in February.
"I don't think I can be effective as that type of player", he said. He struggled during the Thunder's first-round playoff exit against the Jazz and expressed displeasure in his role. If Anthony were to land on the Free Agent market, he would have no shortage of suitors calling for his services, albeit in a lesser role than he's had in the past.