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View Full Version : NBA Carmelo Could Lose Out On $27M If He Hits Free Agency


Hot Topic
10-22-2010, 07:00 PM
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NBA commissioner David Stern said Thursday that owners want to cut salaries by a third in the next collective bargaining agreement, which could alter Carmelo Anthony's future.

Anthony hasn't signed a three-year, $64.47 million extension with the Nuggets that is one the table and he has the power to opt of of his contract and become a free agent next summer.

The current CBA expires on June 30, 2011, one day before Anthony would become free to sign with any team.

If Anthony were to sign the three-year contract extension before the June 30, 2011 deadline, he would be assured of $82.99 million over the next four seasons.

That includes the $18.52 million he would make next season if he doesn't opt out and extension numbers of $19.45 million in 2012-13, $21.49 million in 2013-14 and $23.53 million in 2014-15.

If a third is lopped off $82.99 million, Anthony is down to $55.33 million over the next four seasons, a loss of $27.66 million.


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NBA Carmelo Could Lose Out On $27M If He Hits Free Agency (http://slumz.boxden.com/f16/carmelo-could-lose-out-27m-if-he-hits-free-agency-1436885/)