Friday, January 10th, 2014 at 12:25 pm  |  22 responses

LeBron James Says Carmelo Anthony Should Seek Happiness in Free Agency

When asked about one of his “greatest friends” and his upcoming free agency, LeBron James said that Carmelo Anthony should follow his heart (and not necessarily just the money.) Per Newsday:

“You got to do whatever makes you happy,” James said before Thursday night’s Knicks-Heat game at the Garden. “When you’re happy, the game of basketball is going to be fun for you. Strive to be great every day and live with whatever else happens. So we’ll see.”

The Knicks can give Anthony about $34 million more than any other team. That could be incentive for Anthony to stay, but James took less to leave Cleveland and sign with Miami, where he’s won the last two championships and made the NBA Finals three straight years while playing with Dwyane Wade and Chris Bosh.

James was asked if he would recommend that Anthony leave some money on the table, if necessary.

“I recommend it to me,” James said. “It doesn’t work for everybody. The way I live my life don’t work for everybody. All I care about is winning. I came to Miami to win. Money didn’t make me happy. Winning made me happy, and it still does. That’s what matters to me.”

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  • http://twitter.com/sooperfadeaway nbk

    “hey, we can hang with happiness” – James Dolan

  • TR

    Melo has got to go

  • Anthony

    FYI Kang James, there’s a small % of people in the world that don’t have to consider $ in their life decisions, and all the “don’t consider the money ” talk just makes you seem like more of douche…

  • HardInThePaint

    Let the hate begin…

  • Dfrance

    I really wish I could fathom whether the chance at a ring is worth leaving $34 million dollars on the table. I want to say Melo would be greedy to stay in NY, with no chance of winning a ring, for 34 million more dollars. But then I want to say, Melo would be an idiot to leave $34 million on the table.

  • bike

    La La is all the happiness Melo needs. So go for the $$$ and make La La happy.

  • Dfrance

    Melo is certainly in that small % tho.

  • http://twitter.com/sooperfadeaway nbk

    it’s not $34M if he can get a max contract the year after his next deal. in essence, since his contract expires when he’s younger (assuming he stays healthy) his earning potential is actually higher by foregoing that ballooned 5th year. Really his extra earning potential with this contract in terms of year to year comparison, is about $9-$13 million. Still a lot of loot, but not quite $34M like is being reported.

  • TR

    So his next contract, if he opts for free agency could be bigger than the extension he signed with the Knicks?

  • http://twitter.com/sooperfadeaway nbk

    no not more, and really this is more theory then likely outcome. let me break it down better. i’ll show the offer from New York, and then what would happen if he signed elsewhere, — this all assuming he opts out

    – In New York, Carmelo will have “veteran bird rights” so he can sign a slightly larger & longer contract —> “These contracts can be up to five years in length, with raises up to 7.5% of the salary in the first season of the contract. Players who qualify for this exception are called “Qualifying Veteran Free Agents” in the CBA, and this exception is formally a component of the Veteran Free Agent exception.” (http://www.cbafaq.com/salarycap.htm#Q25)

    So his current salary = $21,490,000
    with 7.5% annual raises

    year 1 = $23,101,750
    year 2 = $24,834,381
    year 3 = $26,696,959
    year 4 = $28,699,231
    year 5 = $30,851,674 (<– option)
    Total = $103,332,321
    (w/ the option above still on the table)

    And if he signed elsewhere

    “A free agent’s maximum salary in the first year of a new contract is never less than 105% of his salary in the last year of his previous contract. For example, a ten-year veteran free agent who most recently earned $20 million has a maximum salary of at least $21 million, even if that is above the league-wide maximum. A free agent does not need to remain with the same team in order to receive 105% of his previous salary, although the team that signs him is subject to the same salary cap restrictions as with any other free agent.” (http://www.cbafaq.com/salarycap.htm#Q16)

    So his current salary = $21,490,000
    with 5.0% annual raises

    year 1 = $22,564,500
    year 2 = $23,692,725
    year 3 = $24,877,361
    year 4 = $26,121,229(<— option)
    Total = $71,134,586
    (w/ the option above still on the table)

    Now let’s assume he takes his option, and is due a new contract in that 5th year (which is what makes up about $30million of that extra reported $34 million he could earn in New York) and that contract is a max offer (this is the unlikely part of the scenario)

    Melo would get a 7.5% raise

    $26,121,229 x 7.5% = $28,080,321

    Year 1-3 $71,134,586
    Year 4 + $26,121,229
    Total = $97,255,815
    + Year 1 of New Deal + $28,080,321

    5 Year Total = $125,336,136
    5 Year Total with Knicks = $134,183,995

    Difference = $8,847,859

    Not really THAT significant.
    (we could also assume he opts out after year 3 of his new deal on a different team, when he will be 33, theoretically he could sign a multiyear “max” deal and earn max money until he’s 38…which if that were too happen, would be by far his most lucrative direction earning potential wise.)

  • TR

    Thanks for the breakdown man..much appreciated

  • http://twitter.com/sooperfadeaway nbk

    no doubt man, happy you asked for a better explanation. That breakdown needed to happen somewhere.

  • underdog

    LOL, so is this means, he totally should sign with the Knicks, and demand a trade to a contender immediately after that.

  • LakeShow

    Thanks for putting the effort in here.

    I don’t think he remains a Knick.

  • The Seed

    DUH Lebron, everyone cannot go play with 2 ALL STARS.

  • DJ_BobbyPeru

    What James is saying: Carmelo Anthony, power forward for the Miami Heat. Minimum salary.

  • grgeblck

    Miami doesn’t look like they r winning all the way this season…

  • grgeblck

    lol… they might as well get the whole draft that year….

  • jaceking

    i would probably say the same thing. i would wan stay in new york. be a knick. but if u tell me hey we got a dream team over here in whatever city.. i would have to consider it. melos gon get money no matter what. when all is said and done; i would want my legacy to show that i was a winner.

  • enbi kaye

    You are so proud if this aren’t you?

  • http://twitter.com/sooperfadeaway nbk

    Nah, just the only breakdown I know of, figured other like minded people would find the info informative

  • 3Chainz