Report: Carmelo Anthony Has a No-Trade Clause in Knicks Contract

by July 16, 2014

New York Knicks superstar forward Carmelo Anthony is now reportedly one of only a handful of NBA players wielding a no-trade clause in their deals. Melo recently signed on for five more years in Gotham. Per the NY Daily News:

Anthony has officially agreed to a five-year, $124 million pact, which is $5 million less than the maximum allowable under the collective bargaining agreement.


Kobe Bryant, Tim Duncan, Kevin Garnett and Dirk Nowitzki are the only other NBA players with no trade clauses. Anthony negotiated a no-trade into his contract after structuring his deal to give Knicks president Phil Jackson salary-cap flexibility next summer.


ESPN reported that Anthony’s deal also includes an opt-out clause after the fourth year. Anthony exercised the early termination clause in his previous contract with the Knicks and became a free agent on July 1. Anthony’s deal includes just a slight increase in the second year, which is crucial with the contracts of Amar’e Stoudemire and Andrea Bargnani set to expire next July.