Carmelo Anthony’s journey with the Oklahoma City Thunder is at its end.
The 10-time NBA All-Star planned to Opt In for the last year of his deal. The Thunder front office reportedly need to move on from Melo to avoid paying $107 million in taxes. The team is searching for possible trade scenarios for Melo, but it will be hard to move his $27 million dollar contract.
According to ESPN’s Adrian Wojnarowski, the team is also looking into the using the NBA stretch provision to spread out the remainder of Anthony’s contract for the next 3 years. If that happens the Anthony would be able to sign with any team for the veteran minimum.
ESPN Sources with @royceyoung: Oklahoma City, Carmelo Anthony will part ways this summer, likely saving team over $100M. Thunder working with 'Melo's reps on exits that include trade, stretch provision. Story: https://t.co/mJbxINv2Cd
— Adrian Wojnarowski (@wojespn) July 6, 2018
The Houston Rockets, Miami Heat and Los Angeles Lakers are the teams already expressing interest in Melo.
Carmelo was traded to the Thunder last summer to join Russell Westbrook and Paul George.