According to reports from Frank Isola of the NY Daily News, Carmelo Anthony will not be leaving New York any time soon and is expected to sign a max contract deal with the Knicks which he will announce on Thursday.
The general consensus was that 'Melo was waiting for LeBron James' decision in free agency before deciding his own future, but it seems as though after two weeks of intense analysis in the free agency market, Anthony will stay in New York.
Carmelo has witnessed many intriguing pitches and is being courted by many franchises around the league, among these are the Houston Rockets, Chicago Bulls and Los Angeles Lakers who were believed to have been among the front runners for the small forwards signature.
The source that broke the news that Melo intends to sign tomorrow is very close to the situation and explains that unless the player has a last minute change of heart, he will re-sign with the Knicks organisation after "agonising over this" for the last week.
The Daily News source had this to say: "He will have something for everybody on Thursday, He is really torn because this is the biggest decision of his career. But he wants to get it done in New York. He told me he believes in Phil."
The reports continue to be mixed on whether Anthony has fully come to his decision but the feeling coming from the NY Daily News is that the 30-year-old is willing to put his faith in Team President Phil Jackson who certainly has the pedigree to build a championship winning team.
Many will feel that Carmelo may stay in New York for reasons that aren't basketball related, it is often discussed whether Anthony's wife La La has too much of an impact on the career of Melo but with her entertainment career, either New York or Los Angeles would create endless possibilities.
It also believed that the max contract deal that the Knicks can offer is the central reason for Anthony's return and fans will instantly be attracted to the ideology that the superstar is really not in the culture of winning a championship but instead earning his money.
The contract is expected to be for five years worth $129million, with the Knicks being Anthony's former team it gives them the position to offer him the most money over the longest period of time, a certain advantage in this free agency process.
Despite reports that Anthony's friendship with fellow NBA star Kobe Bryant could be a deciding factor in his new NBA home, New York fans will be rejoicing over the possibility of seeing their star re-sign as early as tomorrow.