Carmelo Anthony has been traded to the New York Knicks from the Denver Nuggets, ending seven months of trade speculation, denials and non-answers. While several minor details remain, the Denver Post reports that Carmelo Anthony will soon be a member of the New York Knicks.
The Nuggets will reportedly send Anthony, Chauncey Billups, Shelden Williams, Anthony Carter and Renaldo Balkman to the Knicks. In return, The Nuggets will receive Danilo Gallinari, Raymond Felton, Wilson Chandler, Timofey Mozgov, the Knicks' 2014 first-round draft pick, second-round draft picks in 2012 and 2013 from the Golden State Warriors (though owned by the Knicks) and the league maximum of $3 million in cash.
The Knicks will also trade Anthony Randolph and Eddy Curry to the Minnesota Timberwolves as part of the deal.
Earlier reports had the Knicks balking at including Mozgov in the deal, but it appears the Nuggets were able to press hard enough for the Knicks to end their unwillingness to do so. It still remains possible that the Nuggets could make a trade with the New Jersey Nets by sending Mozgov and one of Gallinari, Felton and Chandler for two first-round draft picks.
The Nuggets play the Memphis Grizzlies Tuesday night, and it's going to be a quite different Nuggets team from now on.