Brooklyn Nets v New York Knicks

Source on Carmelo Anthony’s free agent decision: ‘If he makes the choice to opt out, I think he’s gone’

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Phil Jackson has already proven to have at least a basic understanding of what’s required to begin to turn the Knicks around during his short time in office as the team’s president of basketball operations.

The plea made to Carmelo Anthony to opt in for the final year of his contract at more than $23 million was a smart one, because it would buy Jackson some time to pursue free agents in the summer of 2015, when Anthony could choose to sign for less money in order for the team to add championship pieces around him.

It’s a highly unlikely scenario, because simply from the financial side, it’s too risky for Anthony not to take a new max contract the moment the collective bargaining agreement allows it.

But while many believed that he would opt out to re-sign a max deal to stay with the Knicks — something the team would surely offer — some now feel that if Anthony opts out of his deal, it would mean a return to New York is far less likely.

From Chris Herring of the Wall Street Journal:

The team’s star forward, Carmelo Anthony, has until Monday to decide if he wants to opt out of his contract and test the free-agent market, something he has long indicated that he wants to do. Once he makes that choice, the Knicks—and all of the NBA—will have a much clearer sense of whether Anthony has played his last home game in New York.

“If he makes the choice to opt out, I think he’s gone,” said one person familiar with the matter.

That’s because Anthony, for as much as he has talked about potentially taking a pay cut to help the Knicks build a winner around him, would actually be hindering the team by becoming a free agent. Despite the possibility that he could opt out and then re-sign for less money, there really is no immediate benefit in that for the Knicks, who are hopelessly over the league’s salary cap anyway until 2015.

Another telling line from that piece: “the Knicks would still be more than $4 million over the cap in 2014 even if Anthony somehow could take a $1 salary.”

Due to the team’s irresponsible decisions in the past, 2014 remains a lost cause in terms of transforming the roster. Because of this, the thinking is that Anthony signing a max deal to stay in New York doesn’t make a whole lot of sense if winning is the priority, either immediately or at some point in the not-too-distant future.

The Bulls, for example, could give Anthony a max deal by amnestying Carlos Boozer and making some other minor moves. Chicago would be immediately elevated to the status of contender with Derrick Rose, Joakim Noah and Taj Gibson already in place, though it would cost Anthony a large chunk of change ($30 million or so) if in fact he makes that decision.

That’s what it’s going to come down to where Anthony is concerned. If he wants the most money possible, he’ll re-sign in New York for a five-year max deal that will hurt the franchise in terms of its ability to provide him with a championship-caliber supporting cast.

If winning is truly the priority, however, he could take less money to stay. But nothing is guaranteed in terms of the Knicks being able to add talent in free agency, so the easier route to success might simply be to sign with an already-built contender somewhere else.

Dion Waiters explains decision to sign with the Heat in an Instagram post

OKLAHOMA CITY, OK - MAY 24:  Dion Waiters #3 of the Oklahoma City Thunder reacts in the first quater against the Golden State Warriors in game four of the Western Conference Finals during the 2016 NBA Playoffs at Chesapeake Energy Arena on May 24, 2016 in Oklahoma City, Oklahoma. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Ronald Martinez/Getty Images)
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On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.

Here’s what he said:

I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly

It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.

Report: Celtics sign second-round pick Demetrius Jackson to four-year deal

PHILADELPHIA, PA - MARCH 27:  Demetrius Jackson #11 of the Notre Dame Fighting Irish walks to the bench late in the second half against the North Carolina Tar Heels during the 2016 NCAA Men's Basketball Tournament East Regional Final at Wells Fargo Center on March 27, 2016 in Philadelphia, Pennsylvania.  (Photo by Elsa/Getty Images)
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While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.

Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.

Hawks sign former Michigan State center Matt Costello

ST LOUIS, MO - MARCH 18: Matt Costello #10 of the Michigan State Spartans handles the ball against Darnell Harris #0 of the Middle Tennessee Blue Raiders in the second half during the first round of the 2016 NCAA Men's Basketball Tournament at Scottrade Center on March 18, 2016 in St Louis, Missouri.  (Photo by Dilip Vishwanat/Getty Images)
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ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.

The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.

Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.

Terms of the deal were not released.

Watch Jamal Crawford drop an effortless 44, hit game winner at Seattle pro-am

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Jamal Crawford knows how to get buckets.

He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.

Doc Rivers hopes to see a lot of that next season.