Nets 4 party transactions on Carmelo completely fail

by Kily Smith on Sep 28, 2010

Four-team trade has been completely failed. Nets have withdrawn their offer on Carmelo Anthony, and Denver is more likely to meet again with Anthony attempted to detain the whole Star forward. Earlier this week, there was a rumor leaked by the U.S. media, and frankly, "Melon" has been very close to joining the New Jersey Nets. In the rumors, the Nets, the Nuggets will be the third overall pick Derrick - Phevos and two first-round draft picks, from the Russian forward Andrei Jazz - Kirilenko, and Carmelo Anthony - will eventually switch to the Nets. In addition, the Bobcats, and jazz teams will also be involved. But in the end the trade is failed. And why the Nuggets will be the last to give up this seemingly great value of the deal? It is most likely because the boss of Nuggets does not want to increase the funds pressure on the team again, he does not want to pay the large sum of money for the trade. If this exchange goes through, the Nuggets will get the Jazz forward Andrei Kirilenko (contract value $ 17,800,000), the Nets rookie Phevos (contract value $ 4,100,000) and two first-round draft picks. But the annual salary next season of Anthony is only $ 17,100,000, so that, the Nuggets will loss $ 4,800,000 more than the burden of the contract. Due to the team have to pay the luxury tax this season, which means Nuggets will do more than double the 9.6 million out, and this appears to be too expensive. Denver has even reluctant to complete the transaction as soon as possible, because they wanted the deal to recover more return. Anthony, whose contract expires after the season, has left unsigned a three-year, $65 million extension offered this summer. Asked if it's possible he still could sign it, he said: "Right now, I'm leaving my options open." The Nets eventually withdrew the offer on Carmelo Anthony. It is reported, the Nets general manager Billy - King hopes to complete the transaction in the local time this week, but held at media day before the Nuggets general manager of Mase Yi - Wu Jie is still around in the phone, trying to Knight, Indiana Among other teams pull into transactions, so the Nuggets in the deal to gain greater benefits. Melon transaction is still ongoing. The Nuggets are heard more quotes, but the Nets in four transactions, have been completely come to an end.

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Kily Smith

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