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Carmelo Anthony says his New York business interests key in him choosing to stay with Knicks

Sep 4, 2014, 3:47 PM EST

Brooklyn Nets v New York Knicks Brooklyn Nets v New York Knicks

Everyone talked about the near-max money — and make no mistake, those $124 million in checks are a big part of the reason Carmelo Anthony will suit up again for the New York Knicks next season and be the guy they try to rebuild around. (Before you criticize him for that, tell me again how you would gladly leave $40+ million on the table in the prime of your career. Sure you would.)

But there were other keys to him staying put at Madison Square Garden. Certainly Phil Jackson and the Knicks having plan was part of it. Anthony’s family was part of it.

But often underestimated was the fact Anthony has business interests in the New York area he didn’t want to walk away from. Speaking at the Bloomberg Sports Summit Anthony emphasized that part of it, reports Chris Herring of the Wall Street Journal.

Way to play to your audience ‘Melo — when talking to business leaders say business was the key.

LeBron James and other free agents this summer opted for two-year deals this summer, so they can again be free agents in 2016 when the new NBA television deal is expected to kick in and the salary cap (and with that salaries) is expected to jump.

Not Anthony, he took the five years now. The Bulls wanted to do two-years and re-sign him at the max but that did not fly.

Most people around the league expected Anthony would stay in New York, although he wanted to be recruited and with that came rising hopes at points in Chicago and Los Angeles. But in the end he wanted to get paid and he likes New York and being a Knick. He wasn’t going to walk away from that.

Rebuilding around Anthony is not going to be easy or a quick fix. The Knicks need to land at least one more elite player — Rajon Rondo doesn’t fully count, if they can even get him — and they have to start bringing in role players who will fit the triangle. Because J.R. Smith does not. There is a plan but there is a lot of roster work that needs to be done (plus we have to see if Derek Fisher can really coach).

The question is will Knicks fans — and more importantly the Knicks owner — stay patient during the process? Neither are really known for their patience.

  1. sportsfan18 - Sep 4, 2014 at 4:40 PM

    Interesting tidbit I never knew about…

    The Bulls offering to only sign him for 2 yrs so he could sign a max when the cap spikes would have lowered the amount of money he’d left on the table if he left the Knicks for them…

    Of course we won’t know how much it would have lowered the $40 something until the new cap level is announced in a few years…

    But it was no longer $40 something million. Even using made up guesses right now at least offers some rough guesstimates.

    Melo in NYC
    14/15 thru 18/19 $124 million

    19/20 & 20/21 say $22.5 million each season for $45 million total

    That’s $169 million for the next 7 seasons.

    Melo in Chicago
    14 /15 & 15/16 $17 million each season for $34 million

    16/17 thru 20/21 $26 million each season for $130 million.

    That’s $164 million for the next 7 seasons.

    That means he “only” would have given up $5 million to go to a team that was better prepared to win now.

    Again, that’s just a WAG and it depends on what the salary cap actually does.

    Regardless of the amount it goes up, the amount he would have left on the table WOULD have been less than $40 something million due to the Bulls allowing him to sign for 2 seasons…

    Time will let us know when we find out what the cap level is when it’s announced for the 16/17 season.

    • ebecks34 - Sep 5, 2014 at 11:53 AM

      And what if he blows his knee in the first Chicago game of this year or in the next year? That’s 130 million down the toilet.

      I also wouldn’t turn the offer he got down, but at the same time I wouldn’t say the ‘I don’t care about the money’ stuff.

  2. nicktomfrank - Sep 4, 2014 at 4:51 PM

    Thanks for the research sportsfan! That was pretty much what I was trying to say in my comment that didn’t post.

    This man doesn’t care about rings or winning, just money. And there is a ton of it to be made for any above average athlete playing in New York. He sites wanting to avoid the ‘high stress’ situation of FA for the reason he didn’t go to the Bulls. What!? You play in the NBA, bro. Pretty sure every day of your life is stressful.

  3. succulentnipples - Sep 4, 2014 at 4:53 PM

    Big John Football has business interests.

  4. nykfanwakemeupin2015 - Sep 4, 2014 at 6:00 PM

    Dude shut up. You stayed because of money. There is no damage control needed. No one would leave that kind of money on the table. Now go learn the triangle….

    • urodaddy07 - Sep 5, 2014 at 6:29 PM

      I think that’s what he’s in fact saying saying when he says he stayed because of business interests – he is saying its about the money. its a little funny when Americans start criticizing people for taking the most money they can get

  5. 4thquartermagic - Sep 4, 2014 at 6:03 PM

    Melo is disingenuous tool.

    He may be talented but he belongs in LA because he is so phony.

    • 22yearsagotoday - Sep 4, 2014 at 6:47 PM

      Brutal.

    • ocgunslinger - Sep 6, 2014 at 9:04 PM

      We have enough to deal with in LA. NY can keep him.

  6. eugenesaxe1 - Sep 4, 2014 at 6:06 PM

    Translation: LaLa wanted to stay.

  7. meechmeech - Sep 4, 2014 at 8:54 PM

    Doesn’t make sense to say jr doesn’t fit in the triangle. He hasn’t played in yet and I think he gon be great. Smh it’s not easy to build around any player. Took 2 other franchise players and a ray Allen 3 for Lebron to win 2 rings.

  8. blackbirdrising2014 - Sep 5, 2014 at 7:03 AM

    Ray Allen’s 3 is the product of LeBron being MVP. All sports results are usually unpredictable ….

  9. scbaby2013 - Sep 7, 2014 at 8:12 PM

    So happy lakers didn’t sign this no defense hack….we in LA are used to winners not losers…keep losing NY

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