OKLAHOMA CITY, Oklahoma — According to NBA.com, the Oklahoma City Thunder could be looking to shed the contract of 10-time NBA All-Star and three-time Olympic gold medalist, Carmelo Anthony, which could deliver the organization over $100 million in cost savings.
Anthony’s agent, Leon Rose of CAA Sports, has a strong relationship and history with Thunder general manager Sam Presti, and they’ll work together on Anthony’s exit through a trade, the NBA’s stretch provision or a combined buyout and stretch, league sources said.
The Houston Rockets, Miami Heat and Los Angeles Lakers are among multiple teams expected to express interest in Anthony, sources tell ESPN.
Oklahoma City can use the stretch provision on Anthony’s $27.9 million contract to eliminate a staggering $107 million off the team’s 2018-19 payroll and tax bill, but the Thunder first plan to pursue trade possibilities with teams looking to acquire a massive expiring deal to free up salary-cap space for July 2019 free agency.
The stretch provision would slash $90 million in tax, dropping the Thunder’s bill from $150 million to $60 million. The stretch provision spreads Anthony’s salary annually onto the Thunder’s cap for $9.3 million over three years.
Anthony hit a career-high 169 3-pointers last season and averaged 16.2 points per game.