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Source: Carmelo Anthony Traded to New York

DENVER, CO - JANUARY 21:  Carmelo Anthony #15 of the Denver Nuggets looks on during a break in the action against the Los Angeles Lakers at the Pepsi Center on January 21, 2011 in Denver, Colorado. The Lakers defeated the Nuggets 107-97. 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 Doug Pensinger/Getty Images)
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Jon AlbaCorrespondent IFebruary 22, 2011

The Denver Post is reporting that Carmelo Anthony, the Nuggets star forward and NBA All-Star, has been traded to the New York Knicks in a package that will send him to the Big Apple alongside Chauncey Billups, Renaldo Balkman and Shelden Williams.

In return, the Knicks will give up Wilson Chandler, Danilo Gallinari, Raymond Felton and their 2014 first-round draft pick. New York will also send the expiring contracts of Eddy Curry and Anthony Randolph to Minnesota who will, in turn, ship Corey Brewer to Denver.

It is unclear at this time if these are the final parameters of the deal, as it had been stated that Denver wanted Timofey Mozgov to be a part of the deal. Carmelo will now sign a three-year, $65-million extension with the Knicks to make the deal official.

The Nets, who had also been long-rumored to be interested in acquiring Anthony, may try to make a deal for Gallinari in the upcoming days, though no confirmation has been given on that end as well. New Jersey owner Mikhail Prokhorov had met with Anthony this past weekend and stated his happiness with how the meeting went and how their pursuit was disrupting New York’s offer.

Anthony is averaging 25.2 points-per-game this season and had fallen out of favor with his teammates as trade speculation grew larger.

We are awaiting official confirmation on this, and will have more on our Twitter .

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