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Report: Carmelo Anthony Will Not Opt-Out of Contract

According to Marc Stein of the New York Times, Carmelo Anthony is not planning to opt-out of the final year of his contract with the Oklahoma City Thunder. As such, Anthony will move forward and collect the near $28 million owed to him — precisely the outcome many expected all along.

Via Stein:

“Anthony has until Saturday at midnight (Eastern) to exercise the option that would make him a free agent July 1 — provided he were willing to walk away from the $27.9 million he is owed next season. But he is planning to let the deadline pass quietly and keep his current contract in effect, according to the person, who was not authorized to discuss the situation publicly.