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Carmelo Anthony to Re-Sign With Knicks

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Carmelo Anthony will sign a five-year, $120 million-plus contract to return to the New York Knicks, league sources told Yahoo Sports.

Anthony considered the Chicago Bulls, Los Angeles Lakers and Houston Rockets before deciding to re-sign. He notified the other teams on Saturday that he’s returning to New York.

via Adrian Wojnarowski of Yahoo! Sports on Twitter