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Carmelo Anthony must inform Knicks of free agency decision by June 23

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Carmelo Anthony has until June 23, essentially one week before the start of free agency, to notify the New York Knicks if he plans to opt in or out of the final year of his current contract, according to sources familiar with the terms of his deal.

Sources told ESPN.com that Knicks president Phil Jackson is continuing to urge Anthony to exercise next season's $23.3 million player option and put off unrestricted free agency for one more year.

The Chicago Bulls, Houston Rockets and Dallas Mavericks are all teams Anthony would consider starting July 1, sources say, if the 30-year-old decides to become a free agent this summer.

Jackson's pitch to Anthony -- which sources say he has delivered more than once over the past month -- is founded upon the notion that the Knicks will have increased financial flexibility in the summer of 2015 to bring in a marquee free agent to pair with a re-signed Anthony.

Source: ESPN New York
 
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