Nets' Four-Team Deal For Carmelo Anthony Is Officially Dead

The longer a blockbuster trade sits and waits, the better the chance it will fall apart. Sick of waiting for the Nuggets to figure out how they want to proceed, the Nets put the kibosh on the deal rumored Carmelo Anthony trade.

The Nets source said this afternoon that the four-team trade was off the table just hours after the Nets issued a 24-hour deadline for Denver to comply. The team source confirmed that the trade rumors had become too much of a distraction, at least for the near future. Rookie forward Derrick Favors and point guard Devin Harris have been forced to answer non-stop questions about their future since the rumors circulated Friday, as they are the chips that would send Anthony to the Nets.

According to one NBA source, the deal may also have been sidetracked by Denver’s insistence that the Nets take on oft-injured forward Kenyon Martin in exchange for Troy Murphy, in addition to the other players involved.

The Nuggets remain steadfast in their desire to keep Anthony in Denver. Coupled with Carmelo’s recent comments that he never demanded a trade, it’s beginning to look like he’ll be staying put for the time being. Still, the Knicks will certainly remain interested in acquiring the All-Star.

Denver Stiffs
will have all the updates and opinion on the near-trade and its fallout.

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