As every NBA fan and expert expected, Carmelo Anthony officially finalized his buyout with the Atlanta Hawks on Monday. Anthony has been placed on waivers and plans on officially clearing those waivers before telling the Houston Rockets that he will sign with them as a free agent. With this move taking place on Monday morning, Anthony can make this official by Wednesday at 5:00pm EST.
With this buyout, Anthony will receive his full $27.9 million salary for the 2018-19 season, which will be far more than what he receives from the Rockets, or any other team he would sign with. He did accept a $2.4 million reduction, which is close to what he will sign for on his expected veteran's minimum contract.
The veteran waived his no-trade clause to allow the Oklahoma City Thunder to move him to the Hawks in a three-team trade that included the Philadelphia 76ers. The former Denver Nugget and New York Knick also met with the Miami Heat in this process. Although, the Rockets have been in the running for him since before he signed with the Thunder. He was recently seen working out with Chris Paul and James Harden, adding to all the clues that has him joining the Rockets.
With this buyout, Anthony will receive his full $27.9 million salary for the 2018-19 season, which will be far more than what he receives from the Rockets, or any other team he would sign with. He did accept a $2.4 million reduction, which is close to what he will sign for on his expected veteran's minimum contract.
The veteran waived his no-trade clause to allow the Oklahoma City Thunder to move him to the Hawks in a three-team trade that included the Philadelphia 76ers. The former Denver Nugget and New York Knick also met with the Miami Heat in this process. Although, the Rockets have been in the running for him since before he signed with the Thunder. He was recently seen working out with Chris Paul and James Harden, adding to all the clues that has him joining the Rockets.
