Report: Carmelo Anthony Will Not Sign Extension With Nuggets, Become Free Agent In 2011

Prepare for the Summer of Carmelo. Indeed, what LeBron was to 2010, Carmelo figures to be to 2011. At least, if a report from HoopsWorld's Alex Kennedy is to be believed. According to Kennedy, sources close to Anthony have indicated that the Nuggets star will eschew signing an extension with Denver in order to become a free agent next summer.

Given that Anthony has had a max offer on the table from the Nuggets for the past several weeks, it would hardly be surprising that he would not re-sign with Denver now; if he was going to, he likely already would have. Still, Anthony has at least the rest of the season to mull over the Nuggets' offer. The bigger issue is that there will likely be a new collective bargaining agreement (CBA) next summer (and possibly a lockout), that would presumably limit the size of contracts. By waiting to sign, Anthony could be forgoing a sizable chunk of change. Again according to Kennedy, Anthony isn't too worried about these risks, and prefers the freedom of free agency to the certainty of an extension.

If Anthony does reach free agency, he will be the undisputed prize among a class that will lack the depth of this past year's loaded crew. The Knicks, in particular, have made no secret of how much they covet the former Syracuse star. A final sign of which way Anthony may be leaning are reports that he has put his Denver home up for sale....

For more on Carmelo Anthony and the Nuggets, check out Denver Stiffs.

X
Log In Sign Up

forgot?
Log In Sign Up

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.