Report: Melo To Sign 5-Year, $120M Deal With Knicks

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Well if it make Knicks fans happy, Carmelo Anthony is taking less money to help bring the a championship to New York.

Adrian Wojnarowski is reporting that Anthony and the Knicks are putting the finishing touches on a five-year, $120 million deal.

Anthony considered the Chicago BullsLos Angeles Lakers and Houston Rockets before deciding to re-sign. He notified the other teams on Saturday that he’s returning to New York.

Anthony might still take less than the maximum $129 million the Knicks can give him, a source said.

Anthony is expected to publicly announce his return on Sunday.

Anthony’s decision took a week longer than most expected, but he has reportedly notified the Bulls of choice and advised them to move on.

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