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While the idea of Carmelo Anthony coming to South Beach has picked up steam recently, it's highly doubtful that the move will come to fruition.
To make it happen, Miami would need to sign Anthony and re-sign LeBron James, Dwyane Wade and Chris Bosh for contracts well below each player's market value.
As Sam Amick of USA Today points out, Carmelo might have to turn down a five-year, $129 million contract with the New York Knicks and sign for four years and $50 million with Miami if he wants to create a Big Four. It's one thing to ask these stars to take a pay cut. It's another thing to ask them to take a pay cut like that.
There's a reason Pat Riley called adding Anthony a "pipe dream" (via Joseph Goodman of The Miami Herald). But The Godfather also noted the same things were said when he convinced LeBron and Bosh to join Wade in Miami four years ago.
Although there's a strong case to be made that Miami would be better off signing a few solid role players instead of jeopardizing its financial flexibility by signing another star, signing Carmelo would presumably guarantee LeBron's return to Miami.
From that standpoint, the move is a no-brainer for the Heat.
Whether they can actually pull off the stunning signing promises to be one of the more interesting subplots of the offseason.