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Carmelo Notifying Knicks He’s Opting Out

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As planned, All-Star forward Carmelo Anthony will file notice with the New York Knicks on Monday that he plans to exercise the early termination option on his contract and become a free agent on July 1, a league source told Yahoo Sports.

Anthony has a Monday deadline to opt out of the $23.5 million deal for the 2014-’15 season.

Anthony is determined to explore free agency and will closely examine opportunities with the Chicago Bulls and Houston Rockets, league sources said.

via Adrian Wojnarowski of Yahoo! Sports

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