Knicks Resisting Engaging In Buyout Talks With Carmelo Anthony

With the Knicks and Carmelo Anthony seemingly at a stand-off when it comes to a potential trade, there has been increased speculation in recent weeks that the two sides could explore a buyout. According to ESPN’s Marc Stein (Twitter links), Anthony’s camp has indeed attempted to engage the Knicks in buyout discussions, but the Knicks have thus far been resistant to going down that road.

Anthony has stated all year that his preference is to remain in New York, and Stein notes that Carmelo’s camp has acknowledged that preference even as they attempt to engage the Knicks in potential buyout talks. Since he holds a no-trade clause, Anthony has plenty of leverage in the situation — even if Phil Jackson wants to move his leading scorer, Carmelo has to give his approval in order for a deal to be finalized.

If the Knicks were to buy out Anthony, Carmelo would have the opportunity to join the team of his choice without that club giving the Knicks any assets in a trade. Stein’s report says that a buyout would clear the way for the veteran forward to sign with the Cavs, so it’s possible that joining LeBron James in Cleveland would be Anthony’s preferred option, should he reach free agency.

As Ian Begley of ESPN.com tweets, the Knicks would obviously prefer to trade Anthony and view releasing him or buying him out as “unfavorable” options. If Anthony remains unwilling to waive his no-trade clause to accommodate a deal though, New York will have to seriously consider whether it makes more sense to buy out the 33-year-old or to hang onto him during the club’s rebuild.

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