Is Carmelo Anthony’s smart play to opt in and play out contract with Knicks?

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According to every reliable source, Carmelo Anthony is going to opt out of the final year of his contract this season and look either to re-sign a five-year deal with the Knicks or move on to another team to be part of a contender. If Anthony wants to jump ship and go somewhere like oft-mentioned Chicago, he is going to have to take a serious pay cut. More and more fans seem to think he will.

But is that really the smart play here?

The smart play may be to play out his current deal, make $23 million next season on an likely struggling Knicks team, then join a potentially huge free agent class in 2015 where he could team with someone or someones to form a serious contender.

First, let’s look at what Anthony is giving up if he really wants to bolt to a contender like Chicago — it’s a lot. Ken Berger lays it out at CBSSports.com.

If the Bulls amnesty Carlos Boozer, the starting point for the cap room they could offer Anthony, according to league salary sheets, is $13.8 million. To even get there, they would have to renounce free agent Kirk Hinrich (and lose his Bird rights) and trade their first-round pick and the pick they are getting from Charlotte (which together would amount to another $2.7 million on Chicago’s books)…

But let’s play along, shall we? Let’s say the Bulls renounced Hinrich ($5.2 million cap hold gone), kept their picks, and traded Taj Gibson ($8 million) and Mike Dunleavy ($3.3 million) while bringing back no salary in the process. They would be able to start Anthony at about $20 million in the first year of a four-year, $85.4 million deal — give or take, depending on how much they need to sign (hot European prospect Nikola) Mirotic….

But before we get too far ahead of ourselves, let’s back up to where Anthony’s four-year deal with Chicago would start: $20 million. That’s $1.7 million less than Anthony is making this season and $3.3 million less than he’d make in the first season of a five-year, $130.9 million deal he could get from the Knicks. The compounding effect of Anthony’s initial sacrifice, plus forgoing the fifth year the Knicks could offer at $30.3 million, would mean that Anthony would be leaving $45 million on the table to sign with the Bulls.

That’s a lot of cash to leave on the table. This isn’t a simple “winning vs. money” situation because he already learned that if you go to a gutted team it may not work out as expected.

Which brings us to an interesting idea put forward by Brian Windhorst over at ESPN — Anthony should not opt out. He should play out his contract with the Knicks and make $23 million next season and suffer through what likely will be another rough season in New York.

Why? To really control his destiny in the summer of 2015.

The market this summer for top-line free agents is relatively weak. The teams projected to have at least $15 million in cap space this summer are the Dallas Mavericks, Orlando Magic,Philadelphia 76ers, Utah Jazz, Phoenix Suns and Los Angeles Lakers. (Note that teams such as the Bulls and some others could make moves to get into that range, but they have to weaken existing rosters to do it.)…

Here are some of the teams in 2015 that are projected to have large cap space: the Knicks, Lakers, Boston Celtics, San Antonio Spurs and possibly the Houston Rockets. The Heat and the Bulls, in better cap position that year, could be very much in the game again as well.

Now, here are the list of players who have the option to be unrestricted free agents in 2015: James, Wade, Bosh, Anthony, Kevin Love, Rajon Rondo, LaMarcus Aldridge, Tony Parker, Marc Gasol, Roy Hibbert and Goran Dragic. Plus names like Randolph, Gay, Carlos Boozer, Paul Millsap, David West, DeAndre Jordan, Thaddeus Young, Arron Afflalo, Al Jefferson and Monta Ellis.

Again a quick note on 2015: Whether any of the big three from Miami are available depends on what they do this summer. Also, it is expected around the league that LaMarcus Aldridge will stay in Portland with a new deal now that the team is successful. There could be other changes as well, this is more than a year away.

All that said, the chance to partner with a bigger name in a major market — or draw one to play with him in New York — is better in 2015 than it will be this summer. If winning really matters, there will be more potential options that season.

But it means likely another season of struggles with the Knicks to get there.

Could Anthony be that patient? Or does his desire to get out of this deal — and maybe out of New York — trump that?

There are no easy answers for ‘Melo. But with the Knicks season ending mid-April he’s going to have a lot of extra time to think about the options.

Report: Knicks have “legitimate” interest in re-signing Derrick Rose

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Were they watching the games last year?

Derrick Rose put up decent numbers last year — 18 points per game, PER of 17, true shooting percentage of 53 — but was a mess defensively and does not fit in the triangle offense. He’s a decent point guard now, a replacement level player who can help in the right system.

Since the Knicks point guard rotation right now consists of rookie Frank Ntilikina plus whoever the team signs this summer, turns out Rose is not out of the picture, reports Ian Begley of ESPN.

The New York Knicks have “legitimate” interest in re-signing Derrick Rose, league sources familiar with the matter said….

The Knicks’ interest in the point guard is dependent on several factors, including his health and his asking price. When asked last week about New York potentially re-signing Rose, team president Phil Jackson said “we’re listening.”

Money will be the key — it’s not going to be anywhere near the $21.3 million Rose made last season. No team is going to offer that.

Can the Knicks get him for less than $10 million? Will another team come in and offer $12 million or more for him? The market for point guards this summer is going to be interesting because after the big name on the free-agent market — Chris Paul (we’re not counting Stephen Curry, he’s not leaving) — there are some quality players out there that can help teams such as Kyle Lowry, Jrue Holiday, George Hill, Patty Mills, Jeff Teague and Shaun Livingston. There aren’t that many teams with money to really spend on free agent point guards, so while a couple (Holiday, maybe Lowry) re-sign with their old teams there are a number of guys who may find the market softer than they expected. Rose is among them.

And that’s where the Knicks come in. Rose is far from a perfect fit, but if the soft market drives his price down closer to the midlevel ($8.4 million) or just above, that may be worth it for the Knicks for a year while they try to develop the rookie.

Report: Russell Westbrook may sign “designated player” extension with Thunder on July 1

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Russell Westbrook is your NBA MVP, coming off a historic season where he averaged a triple-double.

Westbrook also could see a massive pay raise this summer. Yes, you remember correctly that Westbrook signed one last summer after Kevin Durant left, but the new Collective Bargaining Agreement that kicks in July 1 grandfathered him (and James Harden, who also signed an extension last summer) in to get the “designated veteran” max contract. That would start at about $34.7 million (if the cap is at $99 million as expected) and go up from there.

Thunder management’s first call at midnight July 1 will be to Westbrook to offer the deal, and he may well take it reports Royce Young of ESPN.

Those close to Westbrook fully expect him to take the Thunder’s offer, quite possibly at 12:01 a.m., and stabilize the franchise and present a clear road map. Westbrook signed an extension last summer and invoked the word “loyalty” for a reason. He wanted to make a statement — a public declaration — and take on the burden of leading the franchise forward.

He likes the existing roster and has a close relationship and confidence in Presti and Weaver. He has built a strong bond with head coach Billy Donovan. He knew what he signed for and, with the Thunder coming off a successful first post-Durant season and with pieces in place to improve the team, there are a lot of reasons to commit again.

If Westbrook signs this, the Thunder can get on with the business of improving this roster — which will be next to impossible. The Thunder are capped out and have to re-sign restricted free agent Andre Roberson. Sam Presti is a smart man, but his hands are mostly tied due to some of the big contracts on the roster (ones that would have been no issue if Kevin Durant had stayed). The Thunder will make moves around the edges, but it’s going to take time to do anything substantial.

If Westbrook doesn’t sign this, more than just red flags will go up in OKC — this will be sirens and flashing red lights. The Thunder will be forced to think about trading Westbrook, or finding a way to keep him happy and in house. They will basically be right back to where they were last summer.

If Westbrook signs it — and he likely will, that’s a lot of money to leave on the table — it at least gives the Thunder a clear direction. Which is about all they can hope for this summer.

Bulls: No decision yet on Rajon Rondo’s future with team

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CHICAGO (AP) — The Chicago Bulls are not ready to say whether veteran point guard Rajon Rondo will be back for a second season.

Vice president of basketball operations John Paxson says that “is still to be determined.” The Bulls can pay Rondo $13.4 million or buy him out for $3 million by Friday’s deadline.

Paxson spoke Tuesday during a news conference to introduce newcomers Zach LaVine, Kris Dunn and rookie Lauri Markkanen, who were acquired from Minnesota for Jimmy Butler on draft night. The Bulls were planning to meet Tuesday with Rondo’s agent Bill Duffy, who represents LaVine.

Paxson also says a buyout on Dwyane Wade after he exercised his $23.8 million option “has not been broached.” Paxson says the Bulls, at least for now, assume Wade will play for Chicago.

Report: Chris Paul met with Clipper officials to talk future of franchise, himself

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Chris Paul is going to talk to a lot of teams this summer, but if you ask people around the league, most seem to think he will re-sign with the Clippers. The ultimate reason is money: As president of the players’ union he helped steer the new CBA negotiations, which included changing the “over 36 rule” — limiting max contracts to players who turn 36 during the time of the deal — into the “over 38 rule.” That meant 32-year-old Paul could sign one more five-year max contract.

Paul also wants to win, and it’s hard to see how the assembled team in Los Angeles — which is certainly a top 5-7 NBA team, maybe a little higher when healthy — picks up a ring. Especially with the Golden State juggernaut not going anywhere.

Paul has started talking to the Clippers, reports Adrian Wojnarowski of The Vertical at Yahoo Sports.

I doubt that discussion was much about money — the Clippers will offer a five-year max contract. That’s not even up for debate.

The discussion was how to build the Clippers into a contender. Will Blake Griffin, also a free agent, be back and be part of that? What about J.J. Redick? Can the Clippers get the cap space to lure huge free agents in 2018? LeBron James reportedly wants to come to Los Angeles, although whether he wants to be a Clipper is another question. (For the record, I don’t buy the idea LeBron would “never” be a Clipper. While it may be highly unlikely, people I have spoken to around the league closer to LeBron’s thinking say he wants to keep every option open, play out next season, then see where things stand. He would not fully rule out playing with Chris Paul, who could still be in L.A.)

The Clippers have backed themselves into a corner by trading away picks for veterans, and not developing young players into guys who can contribute in the rotation. When was the last time the Clippers had their Patrick McCaw or Dewayne Dedmon? Without those young, affordable players, it becomes hard to put a good roster together and keep it together. It’s part of what Jerry West — with some help from GM Lawrence Frank — need to bring to Doc Rivers’ Clippers.

That’s likely part of the discussion, too.

There’s a lot for the sides to talk about.