REPORT: Carmelo Anthony Trade to Knicks Or Nets to Be Finalized in 48 Hours

Vaden ChandlerCorrespondent IFebruary 20, 2011

CHARLOTTE, NC - DECEMBER 07:  Carmelo Anthony #15 of the Denver Nuggets reacts to a call against the Charlotte Bobcats during their game at Time Warner Cable Arena on December 7, 2010 in Charlotte, North Carolina.  NOTE TO USER: User expressly acknowledges and agrees that, by downloading and/or using this Photograph, User is consenting to the terms and conditions of the Getty Images License Agreement.  (Photo by Streeter Lecka/Getty Images)
Streeter Lecka/Getty Images

 According to a report from SB Nation New York, Carmelo Anthony of the Denver Nuggets is expected to sign with either the New Jersey Nets or the New York Knicks within 48 hours. While Anthony has stated that he prefers to sign with New York, the offer on the table from the Nets would involve a nine person deal that would send Anthony, Chauncey Billups, Shelden Williams, Melvin Ely and Renaldo Balkman to the Nets in exchange for Derrick Favors, Devin Harris, Ben Uzoh, Troy Murphy and at least four first-round picks.

The deal that would appear to be most likely to happen, however, would be a trade with the New York Knicks where the Nuggets send Anthony, Chauncey Billups and Anthony Carter to the Knicks in exchange for Danilo Galinari, Wilson Chandler and Raymond Felton, and Eddy Curry, whose contract is expected to expire within a year. The Nuggets would also be the beneficiary of an Anthony Randolph trade with the Timberwolves where they would receive their first-round pick. 

The better deal in this author's opinion would be the deal with the Nets where not only would the Nuggets be receiving some just recompense for sending the services of Anthony to New Jersey but would also receive four first-round picks. If used wisely, those first-round picks could be worth their weight in gold eventually. However, Carmelo's preferred deal would be to the Knicks, which would not be much worse than the Nets deal. I think I speak for Nuggets fans everywhere when I say that it is going to be intriguing how this all plays out.  

UPDATE: Carmelo Anthony was reportedly traded to the Knicks in a three-team deal. 

The Nuggets got Raymond Felton, Danilo Gallinari, Timofey Mozgov, Wilson Chandler, New York's 2014 first-round draft pick, Golden State's 2012 second-round pick and 2013 second-round pick along with $3 million in cash. The Knicks received Anthony, Chauncey Billups, Shelden Williams, Anthony Carter and Renaldo Balkman.

Sources:

http://newyork.sbnation.com/new-york-knicks/2011/2/20/2004755/report-carmelo-anthony-trade-to-be-finalized-within-48-hours-knicks-nets-nuggets

http://latino.foxnews.com/latino/sports/2011/02/20/knicks-improve-offer-carmelo-anthony-nets-meet/