National Basketball Association roundup

Sat Jul 12, 2014 7:17pm EDT
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(The Sports Xchange) - The New York Knicks and forward Carmelo Anthony are negotiating a new contract, ESPN reported Saturday.

Anthony, a free agent, was being pursued heavily by the Chicago Bulls and Houston Rockets, but they have reportedly been told that the All-Star is staying in New York.

Knicks president Phil Jackson said Thursday that he had not been in recent contact with Anthony, and the team had made five different offers to re-sign him. One of the deals was reportedly for the maximum five years and $129 million. A maximum deal would pay Anthony $22.5 million in the first year of the contract.

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The day after LeBron James announced that he is returning to Cleveland, he reached agreement on a contract with the Cavaliers on Saturday, ESPN reported.

The deal is for two years and $42.1 million. James took a short-term deal because he hopes to maximize his earning potential by re-signing for the 2016-17 season when a new television contract is expected to boost salaries.

Under terms of the contract, James has an option to become a free agent after the 2014-15 season, but ESPN reported that he is committed to the Cavaliers over the long haul.

The Cavaliers also acquired center Brendan Haywood and the draft rights to forward Dwight Powell from the Charlotte Hornets on Saturday for guard Scotty Hopson and cash considerations.

Haywood has averaged 6.9 points, 6.1 rebounds and 1.4 blocks over 12 seasons with the Washington Wizards, Dallas Mavericks and Charlotte Bobcats.   Continued...

March 19, 2014; Los Angeles, CA, USA; Los Angeles Lakers center Pau Gasol (16) moves to the basket against the San Antonio Spurs during the first half at Staples Center. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports