Carmelo Anthony: Pros and cons of re-signing with Knicks

Jan 24, 2014; New York, NY, USA; New York Knicks small forward Carmelo Anthony (7) reacts after scoring 62 points against the Charlotte Bobcats at Madison Square Garden. Mandatory Credit: Noah K. Murray-USA TODAY Sports
Jan 24, 2014; New York, NY, USA; New York Knicks small forward Carmelo Anthony (7) reacts after scoring 62 points against the Charlotte Bobcats at Madison Square Garden. Mandatory Credit: Noah K. Murray-USA TODAY Sports /
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The Melo-drama may finally be over.

According to Frank Isola of the New York Daily News, Carmelo Anthony plans on re-signing with the New York Knicks barring a “last-second change of heart.” Anthony will announce his decision to return to the Knicks Thursday, Isola says.

The news has to be taken with a grain of salt for now, since the Knicks still have not been officially informed of Melo’s decision and according to ESPN’s Ramona Shelburne, Melo’s agent says his client hasn’t reached a decision yet. But assuming this report is true, Melo is likely turning down a max offer from the Los Angeles Lakers over four years and the chance at a championship with the Chicago Bulls for something close to a five-year, $129 million deal.

Obviously such a huge decision comes with a long list of pros and cons for Carmelo Anthony, and we’re going to cover them all.