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Melo Taking Pay Cut, Staying in NY?

Basketball Insiders

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Knicks president Phil Jackson told Anthony during Thursday night’s meeting in Los Angeles he can have the team’s maximum 5-year, $129 million contract if he wishes. But The Post has learned there’s a distinct possibility Anthony will still decide to take a little less than the max.

One scenario would be Anthony starting at the max $22.4 million, but taking a 7.5 percent pay reduction in Year 2, as allowed by the collective bargaining agreement. That reduced salary for the 2015-16 season would give the Knicks a little more cap space next summer.

via Marc Berman of the New York Post

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Cavaliers Showing Serious Interest in Beverley

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The Cavaliers contacted Patrick Beverley tonight and are showing serious interest in the PG. Again, the Rockets can match any offer though.

via Alex Kennedy of Basketball Insiders

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Source: Pelicans Sign Guard Dionte Christmas

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Free agent guard Dionte Christmas has reached an agreement with the New Orleans Pelicans on a one-year contract, a league source told RealGM.

via Shams Charania of RealGM

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Leandro Barbosa Signs Deal with Warriors

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The Golden State Warriors have signed free agent guard Leandro Barbosa to a contract, the team announced today. Per team policy, terms of the deal were not released.

via NBA.com/Warriors

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