HoopsHype Carmelo Anthony rumors

July 25, 2014 Updates

"I want to win. I don't care about the money," Anthony told ESPN.com. "I believe Phil will do what he has to do to take care of that. I don't think we're that far away," he added. "People use 'rebuilding' too loosely." ESPN.com

July 23, 2014 Updates
July 22, 2014 Updates

Carmelo Anthony will try his hand at picking winners among technology startups through a new venture fund called M7 Tech Partners, an LLC he co-founded with digital media and entertainment veteran Stuart Goldfarb. According to its Crunchbase profile, M7 Tech Partners will invest in “early stage digital media, consumer internet and technology ventures.” The fund’s name is a play on Carmelo’s nickname – “Melo” – and his jersey number seven. M7 made its first move by investing in children’s storytelling startup Hullabalu with more tech and media investments on the way. The Fields of Green

July 21, 2014 Updates

As Jackson had to convince Jordan, Fisher will have to convince Anthony that sticking with the triangle and trusting his teammates will ultimately make the game easier for him. That process of building trust and chemistry was always a work in progress with Jordan, who often fought the constraints the offense put on his one-on-one game. But Jordan had achieved more success to that point in his pro career than Anthony has. Jordan's Bulls had made three straight conference finals, losing each time to Detroit; Anthony has only been once, with the Nuggets in 2009. And Jordan had already won two of his five MVPs. "'Melo can definitely do it," Hardaway, Jr., said. "He showed it a lot in the season, believe it or not. When we was double-teamed, when he was trapped, he was always finding that open guy. It was very rare for him to shoot through three or four guys. He'll succeed through this offense. Everybody has to trust in it, not only one person, but everybody has to." NBA.com

NBA All Star and two-time Olympic gold medalist Carmelo Anthony is getting in the seed investing game in partnership with Stuart Goldfarb, the former executive vice president of NBC and chief executive of Bertelsmann Direct North America. The pro athlete and the media entrepreneur have formed a fund, M7 Tech Partners, to invest in seed-stage tech startups. Andreessen Horowitz’s Ben Horowitz, among other institutional investors, helped the duo become familiar with the early-stage startup scene over the past 12 months, Mr. Goldfarb said. Wall Street Journal

July 18, 2014 Updates

A free agent for the first time, Carmelo Anthony just wanted to hear the rest of the NBA say how much they loved and wanted him before he eventually would re-sign with the Knicks. The Knicks didn't lose a single drop of sweat over Melo Mania -- at least that's what Knicks general manager Steve Mills says. “Carmelo was going to take advantage of the process of being recruited,” Mills said on the MSG Network Thursday night, as the Knicks won and moved into the quarterfinals of the Las Vegas Summer League tournament. Newark Star-Ledger

July 16, 2014 Updates
July 15, 2014 Updates
July 14, 2014 Updates

Anthony took less to stay with the Knicks — estimated at $122-$123 million over five years. But it was still a lot more than what the cap-space challenged runner-up Bulls could offer — 4 years, $73 million. Jackson confirmed The Post’s reports Anthony structured the deal to give the Knicks more cap space in 2015. It is believed he didn’t take his annual 7.5 percent raise in Year 2 and may have taken a tiny pay decrease. Under collective bargaining agreement rules, a player can receive as high as a 7.5 percent pay raise annually. New York Post

July 13, 2014 Updates

A few years ago I dreamed of coming back to New York City, the place of my birth, and on February 23, 2011 that became a reality. This organization has supported me and in return, I want to stay and build here with this city and my team. At this pivotal juncture in my career, I owed it to myself and my family to explore all of the options available to me. Through it all, my heart never wavered. During this journey I met with some quality organizations who have amazing talent and leadership. I thank them for their consideration, belief in my talent, and opportunity to imagine the possibilities. This Is Melo

I will always remember this chapter in my life. In the end, I am a New York Knick at heart. I am looking forward to continue my career in Orange & Blue and to work with Phil Jackson, a champion who builds championship teams. Madison Square Garden is the mecca of basketball and I am surrounded by the greatest fans in the world. This Is Melo

July 12, 2014 Updates

Chris Herring: Hardaway Jr. just said he's texted w Melo, & is happy he's back w NY. But then he called Derek Fisher a HOFer. So I dunno if I can trust him Twitter @HerringWSJ

Frank Isola: I'm also hearing that Carmelo will not be going to the World Cup. I can confirm that I won't be there either. (Don't get me started.) Twitter @FisolaNYDN

Carmelo Anthony will sign a five-year, $120 million-plus contract to return to the New York Knicks, league sources told Yahoo Sports. Anthony considered the Chicago Bulls, Los Angeles Lakers and Houston Rockets before deciding to re-sign. He notified the other teams on Saturday that he's returning to New York. Yahoo! Sports

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