After multiple reports the Nets were in "discussions" regarding a trade that would bring Carmelo Anthony to New Jersey, there's late word from the Daily News' Stefan Bondy that Anthony has agreed to sign an extension with the Nets. That would seemingly clear the final hurdle for the biggest Nets' trade in a decade. The deal, which could go down Saturday, Bondy reports, involves the Nets, Nuggets, Jazz and Bobcats.
As reported, the trade would deliver Derrick Favors, Andrei Kirilenko and two first-round picks (including the Warriors 2012 pick) to Denver in exchange for Anthony. The deal also would send Devin Harris and Jarvis Hayes to Charlotte, with Boris Diaw and Quinton Ross moving to Utah.
The deal couldn't be consummated unless 'Melo agreed to a sign-and-trade in which he agreed to accept a $65 million, three year extension. Another possible hold up: the Bobcats are reluctant to give up Augustin, but that isn't seen as a dealbreaker.