Report: Carmelo Anthony to sign minimum contract with Rockets

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Carmelo Anthony signing with the Rockets has been a near-certainty for a while.

The final steps – the Thunder trading him to the Hawks, Atlanta waiving him, Anthony clearing waivers – are close enough that specifics are emerging.

Marc Stein of The New York Times:

Carmelo Anthony is planning to sign with the Houston Rockets upon clearing waivers in coming days, according to two people with knowledge of his plans.

He is expected to receive a one-year deal from the Rockets at the league’s veteran minimum salary

The Rockets have the $5,337,000 taxpayer mid-level exception available, but clearly wary of an expensive payroll, they’ll get Anthony for much less.

Anthony will count just $1,512,601 toward the cap and luxury tax. He’ll pocket pocket an extra $1,871,635 – in addition to the $27,928,140 paid by the Hawks. Not a bad summer for him, as he’ll get all his money plus a little more and get to join his desire team.

For the Rockets? It’s a classic tale. They let more expensive players – Trevor Ariza ($15 million from Suns) and Luc Mbah a Moute ($4,320,500 from Clippers) – leave and settled for minimum-salary players: James Ennis and Anthony.

Ennis fits well in Houston, but he lacks the talent of the departing players (who also fit well). Anthony brings name recognition, but unless he works to complement James Harden and Chris Paula huge question mark – this won’t go well. That’s why he’s leaving Oklahoma City, and there are many reasons to be skeptical he’ll acquit himself better with the Rockets.

You get what you pay for.