Marc Stein of the New York Times reported on Friday that Carmelo Anthony does not intend to opt out of his contract with the Oklahoma City Thunder. He is owed $27.9 million next season.
Oklahoma City’s Carmelo Anthony does not intend to opt out of his current contract before his Saturday ETO deadline, @NYTSports has learned. Full coverage here: https://t.co/MfJmRqL6Oj— Marc Stein (@TheSteinLine) June 22, 2018
The former all-star has until Saturday, June 23 at midnight EST to exercise the option. This news is not surprising, as Anthony is coming off of a relatively disappointing season and would not be able to find better money elsewhere. Once he lets this deadline pass, Anthony will lock in his salary with OKC for the 2018-19 season.
Keep an eye on a potential buyout or trade situation, as the Thunder will be looking to free up as much space as possible to try and re-sign Paul George.