Taking a page out of LeBron James’ free agency book, Carmelo Anthony explained his decision via open letter to re-sign with the New York Knicks for five more years (and roughly $120 million). From Melo’s personal website:
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.
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 continuing 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.