Carmelo Anthony Tells Thunder He Won’t Opt Out

Carmelo Anthony has told the Thunder that he won’t exercise his Early Termination Option, sources tell Shams Charania of Yahoo Sports (Twitter link). He will be under contract for approximately $27.9MM this upcoming season.

The move was widely expected, as the market for Anthony’s services didn’t appear to match the lofty figure he’ll receive during the final season of the five-year deal he signed with the Knicks during the summer