Report: Carmelo Anthony has until June 23 to notify Knicks if he plans to opt out, become a free agent

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It’s been widely expected that Carmelo Anthony will exercise the early termination option on the final year of his contract, leaving $23 million on the table in order to sign a new max deal as an unrestricted free agent.

But ever since the Knicks hired Phil Jackson as president of basketball operations, that seems slightly less certain than it once was.

Jackson’s ideal plan for rebuilding in New York is centered around Carmelo Anthony opting in for next season, and waiting until the following one to sign that five-year max contract, which could give the Knicks some additional flexibility to pursue big names in the more loaded free agent class of 2015.

While that remains a long shot, Anthony must notify the team of his decision about a week before the free agency period begins.

From Marc Stein of ESPN.com:

Carmelo Anthony has until June 23, essentially one week before the start of free agency, to notify the New York Knicks if he plans to opt in or out of the final year of his current contract, according to sources familiar with the terms of his deal.

Sources told ESPN.com that Knicks president Phil Jackson is continuing to urge Anthony to exercise next season’s $23.3 million player option and put off unrestricted free agency for one more year. …

Jackson’s pitch to Anthony — which sources say he has delivered more than once over the past month — is founded upon the notion that the Knicks will have increased financial flexibility in the summer of 2015 to bring in a marquee free agent to pair with a re-signed Anthony.

It’s likely that there’s far too much risk associated with not signing a max contract the moment that opportunity presents itself, and Anthony will be hard-pressed to wait a year to do so, even while collecting more than $23 million in salary for next season if that’s the choice that is made.

But what Jackson is ultimately advocating for here is something he mentioned soon after accepting his new position.

The Knicks ultimately want Anthony to sign his five-year deal for less money than the maximum, in order to give the team more salary cap dollars to expedite the rebuild of the franchise. It’s possible that Anthony could do that now with an eye toward 2015, but honestly, there isn’t any motivation for him to do so.

If Jackson can present one or two All-Star free agents that are ready to join the Knicks in 2015, however, it makes it more appealing for Anthony to agree to take less money at that point, when there is a concrete and legitimate reason.

Anthony would reportedly look closely at the Bulls, Rockets and Mavericks if he opts out and becomes a free agent this summer, and any of those decisions would mean foregoing more than $30 million that he could keep by re-signing a max deal with the Knicks.

Taking less money to play for a winner is an option Anthony will have whether he chooses to stay in New York or play somewhere else. But whatever he decides, the deadline is less than two weeks away.

Knicks: Reggie Bullock has spine injury

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Reggie Bullock had his agreed-upon salary cut by more than half with the Knicks. He’ll reportedly miss at least a month of the regular season.

All because of a mysterious health issue.

The Knicks have finally disclosed what’s happening.

Knicks release:

Reggie Bullock underwent successful surgery today at the Hospital for Special Surgery in New York for a cervical disc herniation. The team will plan to provide an update on his rehab and progress around the start of training camp.

Bullock is a good shooter from the wing. New York could use him. Many teams could use him.

But Bullock must get healthy first.

At this point, we probably shouldn’t expect much from him any time soon. The best indication: how eagerly his agent praised the Knicks for their handling of this situation. Again, Bullock settled for less than half his initially agreed-upon salary.

Report: Suns signing Cheick Diallo to two-year contract

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The Suns went old in the draft, picking 23-year-old Cameron Johnson at No. 11.

Phoenix will go younger in free agency with 22-year-old Cheick Diallo.

Adrian Wojnarowski of ESPN:

Barring another move, the Suns have only the minimum available. Diallo will get $1,678,854 next season and $1,824,003 the following season.

The No. 33 pick in the 2016 draft, Diallo worked his way into the low end of the rotation during his three years with the Pelicans. He’s a hustle big, committed rebounder and athletic player. But at 6-foot-9 and 220 pounds, he’s not strong enough to bang with most centers. His skill level is low for power forward.

Phoenix will stick him behind Deandre Ayton, Dario Saric, Aron Baynes and Frank Kaminsky in the frontcourt. Diallo might receive situation minutes, but he must develop further to hold staying power.

Report: Chris Paul increasingly expected to start season with Thunder

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Last week, the Thunder had an expensive point guard who’s into his 30s and didn’t fit a team shifting into rebuilding without Paul George.

Same story now.

Oklahoma City traded Russell Westbrook for Chris Paul to acquire draft picks and shed long-term salary. Getting Paul as a player was of minimal concern. That’s why the Thunder worked with him to flip him. But a team like the Heat wanted draft picks just for taking the three years and $124,076,442 remaining on Paul’s contract.

So, Oklahoma City might hold onto Paul, after all.

Adrian Wojnarowski of ESPN:

The 34-year-old Paul is past his prime. But he’s still good. It’d be interesting to see him once again as his team’s best player after he spent so much time stuck in the corner watching James Harden.

Paul, Danilo Gallinari and Steven Adams could form the core of a solid team this season. Paul can run an offense, and Adams (pick-and-roll) and Gallinari (pick-and-pop) offer nice complementary skills. If Andre Roberson is healthy or if a young player like Shai Gilgeous-Alexander, Nerlens Noel, Terrence Ferguson or Hamidou Diallo takes the next step, Oklahoma City could make real noise.

The Thunder’s biggest challenge: They play in the loaded Western Conference. That makes it far more difficult to make the playoffs. But in terms of team quality, Oklahoma City could be in the thick of competitiveness.

If Paul and Gallinari stay healthy. That can’t be assumed, though Adams can do some dirty work to keep those two clean.

The Thunder have tremendous draft capital – so much of which is tied to the fates of the Clippers, Rockets, Heat and Nuggets. Oklahoma City could tank and improve its draft position further and sooner. But owning so many picks from other teams allows the Thunder to try to win now while simultaneously rebuilding. They don’t necessarily have to waste seasons in the basement just to build themselves back up.

It will probably be easier to trade Paul on Dec. 15. That’s when most free agents who signed this summer become eligible to be traded. Right now, too many teams have untradable players, making it difficult to match Paul’s high salary. Generally, the more of Paul’s contract the Thunder pay out, the easier it’ll be to trade him.

But if Paul declines sharply or gets hurt, his value could diminish even further. There’s risk in waiting, though an injured Paul might allow Oklahoma City to tank anyway.

The Thunder must also cut a few million of salary before the final day of the regular season to avoid the luxury tax. That’s a priority.

So, Oklahoma City will make some move – Paul or otherwise.

But it appears likely we’ll see Paul play for the Thunder. It’ll be a return to Oklahoma City after he played home games there with the New Orleans/Oklahoma City Hornets following Hurricane Katrina.

This isn’t the reunion Paul or the Thunder appeared to desire when the Westbrook trade was agreed upon. I still think it could be pretty cool.

Ben Simmons reverses course, withdraws from Australia’s Word Cup squad

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MELBOURNE, Australia (AP) — Ben Simmons‘ new contract extension with the Philadelphia 76ers came with bad news for Australian basketball fans: The Melbourne-born NBA All-star won’t play for the Boomers at the World Cup.

Hours after Simmons and the 76ers agreed to a $170 million, five-year contract extension on Tuesday, Simmons said he preferred to spend time with his new teammates in September instead of travelling to China for the Aug. 31-Sept. 15 World Cup.

“I wanted to let everyone know that after consulting with my representation, I’ve made the difficult decision to forego playing in the World Cup in China,” Simmons said in a statement.

“Ultimately, we decided it was best that I use the time in September to return to Philadelphia to acquaint myself with my new teammates and prepare for the upcoming NBA season.”

Simmons had been selected for Australia’s World Cup squad and had earlier indicated he planned to play the tournament in China.

He now plans to play only for the Boomers in two exhibition games against the United States in Melbourne on Aug. 22 and 24 at a stadium that is expected to be sold out – 50,000 fans – for each game. He also said the Olympics next year in Tokyo remain on his schedule.

“I will still be heading back home to Australia to host my camps as well as train and play with the Boomers in the upcoming exhibition games,” Simmons said. “I’m really excited about the talent we have on the Boomers squad, especially moving closer to 2020 where I will be honored and humbled to represent my country on the world’s biggest sporting stage at the Olympics in Tokyo.”

Simmons was the No. 1 overall draft pick in 2016. He made his NBA debut in the 2017-18 season and was the Rookie of the Year. He was an All-Star for the first time last season. He has averaged 16.4 points, 8.5 rebounds and 7.9 assists in his two seasons.

Australia’s World Cup lineup is set to feature San Antonio’s Patty Mills, Joe Ingles of Utah Jazz, Phoenix center Aron Baynes, Cleveland’s Matthew Dellavedova, former No. 1 draft pick Andrew Bogut, Detroit center-forward Thon Maker and Simmons’ 76ers teammate Jonah Bolden.