Carmelo Anthony’s time as an Atlanta Hawk is officially coming to an end. He’s finalized the buyout of his contract and will be returning $2.4 million of his $27.9 million.
Anthony has to wait 48 hours to clear waivers before signing with the Rockets as expected and making his $2.4 million back with a veteran’s minimum salary.
Carmelo Anthony has finalized buyout with the Atlanta Hawks, giving back $2.4M of his $27.9M salary, league sources tell ESPN. That's veteran's minimum he'll get back with new team. Anthony will wait to clear waivers in 48 hours to officially tell Rockets of intentions to sign.
— Adrian Wojnarowski (@wojespn) July 30, 2018
The Hawks will place Anthony on waivers within the hour, league sources tell ESPN. https://t.co/zzJ39CZoPp
— Adrian Wojnarowski (@wojespn) July 30, 2018
Finally Houston’s missing piece to take down the Golden State Warriors. He has gold medals after all.
There’s going to be even less defense during Rockets games than there already was. Get ready to watch Melo and James Harden doing a lot of standing around.