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Knicks, Rockets Explore Four-Team Carmelo Scenarios

July 12th 2017 at 3:23pm CST by Luke Adams

3:23pm: An Anthony trade involving the Knicks and Rockets is “at the two-yard line,” a source tells Stefan Bondy and Frank Isola of The New York Daily News. It’s not clear exactly how close the teams are – presumably not as close as if talks were “at the one-yard line” – but as ESPN’s report below indicates, both the Knicks and Rockets are motivated to complete a deal if they can find a scenario that appeases all involved parties.

10:17am: The Knicks and Rockets have explored Carmelo Anthony trade scenarios that would include up to two other teams in a possible four-team deal, reports Adrian Wojnarowski of ESPN (Twitter link). However, while New York and Houston are both motivated to get something done, no agreement is imminent, according to Wojnarowski.

Since the Rockets’ acquisition of Chris Paul two weeks ago, Houston has been frequently cited as a potential landing spot for Anthony, with the Cavaliers viewed as the other viable suitor for the veteran forward. The Rockets appear to be more aggressively pursuing a deal at this point, but a match between Houston and New York is tricky.

For the Rockets to move enough salary to accommodate Anthony’s oversized contract, the team would almost certainly have to part with Ryan Anderson, who will earn more than $19.5MM this season. Anderson’s contract has three years left on it though, with cap hits of $20MM+ in 2018/19 and $21MM+ in ’19/20, and the Knicks have no interest in taking on that sort of long-term money for a veteran.

For a Rockets trade for Anthony to work, at least one other team would likely have to get involved to take on Anderson’s contract. That club accommodating the salary dump would require at least an asset or two for its troubles, and Houston has already traded its 2018 first-round pick, so it will be tricky to find a deal that makes three teams happy. A four-team deal, which would likely involve more players and picks, would be even more challenging. As such, we shouldn’t necessarily expect quick resolution.

Earlier this week, we identified the teams with cap room remaining — I’d expect the Rockets and Knicks are trying to engage several teams on that list. However, the Lakers have since committed their space to Kentavious Caldwell-Pope, while the Hawks have cut into their room with a deal for Dewayne Dedmon.

If the Rockets can reach a trade agreement for Anthony, the longtime Knick is expected to waive his no-trade clause – and perhaps part of his trade kicker – to make the deal work.

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