Carmelo returning to Knicks

2014-knicks-team01-360

NEW YORK (TheSpread) – The New York Knicks will still have their franchise player heading into next season, as Carmelo Anthony has agreed to return to the team.

View NBA Finals Odds

ESPN first reported on Saturday that the Knicks and Anthony were finalizing a new contract that would keep him in New York despite Anthony getting strong offers from the Chicago Bulls and Houston Rockets. The contract is reportedly worth more than $122 million over five years.

The Knicks will now have their go-to piece in the Phil Jackson triangle offense that will be run by first-year coach Derek Fisher. Anthony averaged 27.4 points and 8.1 rebounds per game last season for New York and is averaging 25.3 points per game in his career.

According to oddsmakers at Bovada.lv, New York has been given 33/1 odds to win the NBA Championship next season. Cleveland is now the favorite with 7/2 odds while San Antonio has 9/2 odds.

Bet on NBA Futures Odds

Want More From TheSpread.com? Follow us on Twitter and Facebook or Subscribe to Our News Feeds!

NBA Top Stories

Thumbnail Jazz vs. Clippers Game 5 Pick Will the Los Angeles Clippers be able to regroup at home when they host the Utah Jazz in Game 5 of their...
Thumbnail Grizzlies vs. Spurs Game 5 Pick Can the San Antonio Spurs find a way to get back on track when they take on the Memphis Grizzlies tonight at 9PM ET in Game...
Thumbnail Thunder vs. Rockets Game 5 Pick Will the Houston Rockets close out the Oklahoma City Thunder when the two met today at in Game 5 at 8PM ET?
Thumbnail Warriors vs. Blazers Game 4 Pick Will the Golden State Warriors close out their NBA Playoffs series with the Portland Trail Blazers when the two meet in Game 4 tonight at 10:30PM...
Thumbnail Wizards vs. Hawks Game 4 Pick Will the Atlanta Hawks pull even with the Washington Wizards when the two meet up in Game 4 of their playoff...

NBA Headlines

NBA Team Pages