Though Melo is slated to make $23.7 million in 2014-15, per Sham Sports, he has the ability to make nearly as much in the first year of a new contract and millions more thereafter.
If he opts out, Anthony can take his talents to any of the other 29 teams in the NBA and demand $95 million for his superstar services, according to ESPN's Larry Coon via Ian Begley. On the other, more lucrative hand, he can renew his contract in New York for a fifth year and $129 million total.
Assuming he does choose to pursue one of those massive deals (which is all but inevitable), how will this affect his current team?
It won't be ideal for the Knicks, but despite the unsavory scenarios that could arise, it will ultimately be beneficial.