The New York Knicks announced they agreed on a deal with forward Carmelo Anthony on Sunday.
Terms of the contract were not disclosed but ESPN.com reported that Anthony agreed to a five-year deal for more than $122 million. That is about $7 million less than a maximum contract.
“After three months of questions around Carmelo Anthony’s return to the New York Knicks we are now happy to know that we have the cornerstone of what we envision as a ‘team of excellence,’ ” team president Phil Jackson said in a statement. “(General manager) Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team.”
The Knicks and Anthony have been negotiating the deal since Saturday.
Anthony also confirmed on his website Sunday that he has a deal in place with the Knicks.
“A few years ago I dreamed of coming back to New York City, the place of my birth, and on February 23, 2011 that became a reality,” Anthony said in a statement. “This organization has supported me and in return, I want to stay and build here with this city and my team. At this pivotal juncture in my career, I owed it to myself and my family to explore all of the options available to me. Through it all, my heart never wavered.”
—Cleveland Cavaliers coach Mike Blatt said that the team will not trade No. 1 overall draft pick Andrew Wiggins.
The Cavaliers are reportedly interested in trading for Minnesota Timberwolves power forward Kevin Love and pairing him with star forward LeBron James.
However, Blatt said he is not unaware of any plans to part with Wiggins.
“There’s no reason or cause for worry on his part because Andrew’s not going anywhere, as far as I know and as far as the club has expressed,” Blatt said Saturday.
—The Miami Heat and forward Luol Deng agreed to a two-year, $20 million contract, according to CBSSports.com.
The deal allows Deng an option after the first year. He is expected to start at small forward, replacing star LeBron James, who left for the Cleveland Cavaliers.
Deng averaged 16 points and 5.7 rebounds last season with the Chicago Bulls and Cavaliers. He spent the first nine-plus years of his NBA career with the Bulls until he was dealt to the Cavs during last season.
—The Los Angeles Lakers announced that they acquired point guard Jeremy Lin, a future first-round draft pick and a second-round draft pick in 2015 from the Houston Rockets for the rights to power forward/center Sergei Lishchuk.
Lin, 25, averaged 12.5 points, 4.1 assists and 2.6 rebounds while shooting career-bests 44.6 percent from the field and 35.8 percent from 3-point range in 71 games with the Rockets last season.
In four NBA seasons, Lin has averaged 11.9 points, 4.8 assists and 2.6 rebounds in 217 career games (140 starts) with the Golden State Warriors, New York Knicks and Rockets.
—The Lakers signed No. 7 overall draft pick Julius Randle. The 6-foot-9 power forward was expected to play in Sunday’s Summer League game in Las Vegas against the New Orleans Pelicans.
Randle, who spent one season at Kentucky, averaged 15.0 points, 10.4 rebounds, 1.4 assists and 0.8 blocks in 30.8 minutes in 40 games (all starts). He was named SEC Freshman of the Year and selected to the First Team All-SEC, SEC All-Freshman Team and SEC All-Tournament Team.
—Phoenix Suns center Alex Len will miss the rest of the NBA Summer League with a fractured pinkie finger in his right hand, the team announced. Len was scheduled to be evaluated in Phoenix.
Len, the No. 5 overall pick of the 2013 draft, averaged 2.0 points and 2.4 rebounds in 42 games last season. He had six points, six rebounds and two blocks in 25 minutes in one summer league appearance.
—The Sacramento Kings hired Tyrone Corbin as an assistant coach on Michael Malone’s staff, the team announced.
Corbin was head coach of the Utah Jazz for four seasons, compiling a 112-146 (.434) record. Prior to that, he was a Jazz assistant coach under Jerry Sloan from 2004-2011. He spent the 2003-04 season as manager of player development for the New York Knicks and two seasons as a player mentor for the North Charleston Lowgators of the NBA D-League.