Carmelo Anthony and the Atlanta Hawks have officially agreed on a buyout in which Carmelo will give back $2.4 million of his $27.9 million dollar salary. Anthony will wait 48 hours to clear waivers before he officially announces his plans to sign with the Houston Rockets.
The Houston Rockets’ general manager Daryl Morey announced that the team is actively “in the mix” to sign Carmelo Anthony via a fan’s question on Instagram.
The announcement made on Saturday should be no surprise to anyone who has been following the situation this offseason, as the Rockets have been the outspoken frontrunners to sign Anthony once he is bought-out by the Hawks. Reports have also surfaced during the week stating that the former All-Star has been telling people close to him that he “expects” to land in Houston this offseason.
Morey and the Rockets’ front office haven’t been shy about their interest in signing Anthony, but they don’t seem to be the only ones who would like to have Carmelo on the Rockets’ roster next season. Superstar guard Chris Paul has been known to have close ties to Carmelo and the two reportedly have formed a great relationship over the years. Rumors about Paul spearheading the charge for Houston to sign Carmelo have surrounded the franchise for weeks, and they don’t look to be slowing down.
Assuming Carmelo hits the open market in a week or several days, the Rockets can be expected to extend an offer to him within no time. If Morey and the Rockets are able to sign Melo when he becomes available to them, then it will be another accolade that Houston’s GM can add to his already impressive resume.
The Oklahoma City Thunder, Atlanta Hawks, and Philadelphia 76ers have agreed on a trade which sends Carmelo Anthony, Justin Anderson, and a protected 2022 first-round pick to the Hawks, while OKC lands guard Dennis Schroder and Luwawu-Cabarrot in the deal. Philadelphia also acquires Mike Muscala in the three-team trade. The Hawks have also agreed to buyout Carmelo’s contract worth $27.9 million dollars. This deal helps the Oklahoma City Thunder tremendously in salary and luxury tax savings, with the total being somewhere near $73 million. The Thunder also avoid having to stretch Carmelo’s contract thanks to this trade. Carmelo will meet with more teams once he is bought-out and reports are surfacing saying that the Houston Rockets remain the frontrunners.