Saturday, October 23, 2010

Proposed Salary Cut a Reminder of Carmelo Anthony's Dicey Situation

by Chris Tomasson

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Carmelo AnthonyThe Denver Nuggets might not hold a lot of cards when it comes to retaining forward Carmelo Anthony. But at least they have a pair of 2s.

That was further illustrated when NBA commissioner David Stern said Thursday owners want to cut salaries by a third in the next collective bargaining agreement after the current one expires June 30, 2011.

Anthony, in case you've been trekking in the Himalayas, has not signed a three-year, $64.47 million contract option that is on the table and can opt out of his contract next summer and become a free agent. Anthony admitted recently a new CBA looming is "scary'' and it would be a "big risk'' to opt out due to all the uncertainty. Stern's revelation, even if much of it is posturing and even if such numbers only could be reached after a prolonged lockout, should serve as reason for Anthony to find matters even scarier.

That's where we get to the Nuggets and their pair of 2s. Knowing Anthony could lose more than $20 million if he signs a deal elsewhere after this season and contracts have become similar to what owners want, they can hang on to hopes Anthony might eventually be convinced to re-sign with the Nuggets. Anthony did offer some hope when he told FanHouse earlier this week re-signing with Denver remains an option.

 

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