The Denver Nuggets have finally completed their long-awaited trade to send Carmelo Anthony(notes) to the New York Knicks.
To acquire Anthony, the Knicks are sending Danilo Gallinari(notes), Raymond Felton(notes), Wilson Chandler(notes), the Knicks’ 2014 first-round pick, two second-round picks New York acquired from the Golden State Warriors in the David Lee sign-and-trade and $3 million. The Knicks will also trade Anthony Randolph(notes) and Eddy Curry’s(notes) expiring contract to the Minnesota Timberwolves, who will send Corey Brewer(notes) to New York and Kosta Koufos to Denver. The Knicks will receive Anthony, Chauncey Billups(notes), Shelden Williams(notes), Renaldo Balkman(notes) and Anthony Carter.
The Nuggets requested on Saturday that the Knicks also include center Timofey Mozgov(notes) in their trade package and New York complied.
Anthony is expected to sign a three-year, $65 million extension with the Knicks. If all the players involved in the trade report on time and pass physicals, Anthony’s first game with the Knicks is expected to be Wednesday against the Milwaukee Bucks at Madison Square Garden. Billups can have the final year of his contract bought out after the season for about $3.7 million, but a league source said the Knicks plan to keep him.
“I’m extremely happy for ‘Melo,” said Anthony’s agent, Leon Rose. “We are very appreciative to the Denver Nuggets organization for their efforts in assisting ‘Melo to get to New York. ‘Melo is excited and looking forward to playing for the Knicks.”
Source: http://sports.yahoo.com
