Denver Post is reporting
The Carmelo Anthony trade saga is finally over.
The Nuggets traded Melo to the New York Knicks tonight, a league source said. Denver gets Wilson Chandler, Raymond Felton, Danilo Gallinari, Timofey Mozgov, the Knicks 2014 first-round draft pick, the Warriors’ 2012 second-round pick, the Warriors’ 2013 second-round pick and $3 million in cash.
Anthony will go to New York, along with Chauncey Billups, Shelden Williams, Anthony Carter and Renaldo Balkman.
Incoming – Danilo Gallinari, Wilson Chandler, Raymond Felton, Timofey Mozgov, Kosta Koufos, Knicks 2014 first round pick and the Warriors’ 2012 and 2013 second round picks.
Outgoing – Carmelo Anthony, Chauncey Billups, Anthony Carter, Renaldo Balkman, Shelden Williams
New York Knicks
Incoming – Carmelo Anthony, Chauncey Billups, Corey Brewer, Anthony Carter, Renaldo Balkman, Shelden Williams
Outgoing – Anthony Randolph, Danilo Gallinari, Wilson Chandler, Raymond Felton, Timofey Mozgov, Knicks 2014 first round pick and the Warriors’ 2012 and 2013 second round picks.
Incoming – Anthony Randolph, Eddy Curry
Outgoing – Corey Brewer, Kosta Koufos, (Traded Player Exception?)
Thoughts On Trade
- Anthony Randolph is the best prospect in this deal. Not Danilo Gallinari and not Wilson Chandler.
- The Nuggets screwed up by not acquiring him in this deal. They have wrongly evaluated his abilities as a basketball player.
- The Wolves got a terrific prospect for a low price but Randolph unfortunately plays the same position (PF) as their other two top prospects; Kevin Love and Michael Beasley.
- D’Antoni is no longer a good fit there. The personnel available to him is not best used by his methods.
- The Knicks should immediately fire Mike D’Antoni and bring in a new head coach.
- I think Jeff Van Gundy would be an excellent replacement. He is the type of defensive orientated coach that Melo and Amare need + his halfcourt offense will best take advantage of the Knicks’ offensive abilities while maintaining a solid defensive foundation.
- Unfortunately, Donnie Walsh will never make a decision like that (fire D’Antoni based on fit with personnel) … he’ll want to play it out and give D’Antoni the opportunity to coach this team first. Then make a call. And he’ll likely talk himself into giving D’Antoni another season after this one due to NYC’s weak supporting cast. So, Donnie will likely end up wasting the two best year’s remaining in Chauncey’s career … and screw up the Knicks chances of making a run at the East for the next two seasons.
- A lot of mediocre (Felton) to good talent (W.Chandler, Gallinari) heading their way but no high level talents.
- Draft picks aren’t of much value either.
- They did get some cap flexibility in the deal and will be able to create more by making a few subsequent trades + pick up a few additional picks in the process.
New York Knicks
- A troika of Chauncey Billups, Carmelo Anthony and Amare Stoudemire is a good enough core to form a legit title contender.
- Unfortunately, the Knicks supporting cast is no longer able to give them enough support to make that a reality in the short term. New York will need some time to rebuild their roster. Next season is a possibility depending on how good a job they do between now and then.
- Landry Fields is the only high level role player on their roster. Ronny Turiaf is a solid backup player and will make a serviceable starting center this season.
- Overall, this season, the Knicks should be equal to Atlanta and Orlando in the East. A second tier playoff team. By next season, New York should be able to overtake those teams.
Traded Player Exceptions
Some exact information on the TPEs involved in this trade
The Nuggets will acquire two traded player exceptions in their trade of Carmelo Anthony to the Knicks, one of which will be the largest ever conveyed.
The traded player exception for Anthony will be worth approximately $17.15M and is greater than any other in NBA history.
The Knicks will not receive a traded player exception from Minnesota. Eddy Curry and Anthony Randolph are absorbed by the Wolves using their cap space and by sending Corey Brewer to New York in exchange.
The second one is worth something like $2-3 million. It accounts for the Renaldo Balkman, Shelden Williams and Anthony Carter departures.