2/18/11

'Melo Out, New Jersey: Nets Reach Tentative Deal to Acquire Carmelo Anthony

Carmelo Anthony may soon be in a New Jersey state of mind.

The Bergen Record reports that the New Jersey Nets have reached a tentative agreement with the Denver Nuggets to acquire Carmelo Anthony from the Nuggets. The deal will be done if Anthony agrees to a three-year, $65 million contract extension.

The Nuggets would acquire Derrick Favors, Devin Harris, Troy Murphy, Ben Uzoh and four first-round draft picks in exchange for Anthony, Chauncey Billups, Shelden Williams, Marvin Ely and Renaldo Balkman.

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