Nets 4 party transactions on Carmelo completely fail
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Posted On :
Sep-29-2010
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Article Word Count :
444
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Four-team trade has been completely failed.
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Four-team trade has been completely failed. Nets have withdrawn their offer on Carmelo Anthony, and Denver is more likely to meet again with Anthony attempted to detain the whole Star forward.
But in the end the trade is failed. And why the Nuggets will be the last to give up this seemingly great value of the deal? It is most likely because the boss of Nuggets does not want to increase the funds pressure on the team again, he does not want to pay the large sum of money for the trade.
If this exchange goes through, the Nuggets will get the Jazz forward Andrei Kirilenko (contract value $ 17,800,000), the Nets rookie Phevos (contract value $ 4,100,000) and two first-round draft picks. But the annual salary next season of Anthony is only $ 17,100,000, so that, the Nuggets will loss $ 4,800,000 more than the burden of the contract. Due to the team have to pay the luxury tax this season, which means Nuggets will do more than double the 9.6 million out, and this appears to be too expensive. Denver has even reluctant to complete the transaction as soon as possible, because they wanted the deal to recover more return.
Anthony, whose contract expires after the season, has left unsigned a three-year, $65 million extension offered this summer. Asked if it's possible he still could sign it, he said: "Right now, I'm leaving my options open."
The Nets eventually withdrew the offer on Carmelo Anthony. It is reported, the Nets general manager Billy - King hopes to complete the transaction in the local time this week, but held at media day before the Nuggets general manager of Mase Yi - Wu Jie is still around in the phone, trying to Knight, Indiana Among other teams pull into transactions, so the Nuggets in the deal to gain greater benefits. Melon transaction is still ongoing. The Nuggets are heard more quotes, but the Nets in four transactions, have been completely come to an end.
While offering only the slightest hints about his plans, Anthony said he was still very much a Nugget, at least for now. “I’m here today. Whatever the future holds, it holds.” said Anthony. “I never said I wanted to be traded. I never once said anything about trade talks.”
Anthony said that the relevant person in charge of the Nets has not had any contact with him, but he also claimed that he was not reluctant to force the Nets, whereas if the time is ripe, and the Nuggets are willing to trade him then he is willing to play for any team league.
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Article Source :
http://www.articleseen.com/Article_Nets 4 party transactions on Carmelo completely fail_35401.aspx
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Author Resource :
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Keywords :
transaction, Anthony, exchange,
Category :
Recreation and Sports
:
Extreme
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