Carmelo Anthony has decided to remain in New York, choosing the Knicks over a number of teams that could have given him a better chance for the championship he craves.

The All-Star forward met with Chicago, Houston, Dallas and the Lakers but has informed the Knicks he will return, a person with knowledge of the details told The Associated Press on Saturday on condition of anonymity because no announcement was made.

The Knicks offered Anthony a maximum contract worth nearly $130 million over five years, about $35 million more than any of his other suitors under NBA rules, though it's unknown what the final terms of his deal will be.

Gasol to Bulls: Chicago recovered quickly after losing out on Anthony, landing Lakers big man Pau Gasol to bolster the team's offense.

Gasol announced on his verified Twitter account Saturday evening that he reached agreement with the Bulls.

"It hasn't been easy," Gasol tweeted. "After meditating it a lot I've chosen to play with the Chicago Bulls. Looking forward to this new chapter of my career."

The exact terms of his agreement with the Bulls were not immediately clear. The Bulls and Lakers had reportedly been discussing sign-and-trade options earlier in the day, but no official announcement from either team had been made Saturday night.


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James' contract: LeBron James signed a two-year, $42.1 million contract with the Cavaliers a day after he announced he was returning to play in Cleveland.

A person familiar with the negotiations said James' contract includes an option for the four-time league MVP to become a free agent next summer. However, it is strictly "a business deal," according to the person who spoke to The Associated Press on condition of anonymity because the team is not providing any details about the agreement.

By signing for only two years, James can get another contract with the Cavs before the 2016-17 season, when a new television deal is expected to push the maximum salary higher.

  • The Cavaliers announced the acquisition of center Brendan Haywood and forward Dwight Powell in a trade with Charlotte for guard Scotty Hopson and cash considerations. Haywood missed all of last season with a broken foot.

    Jazz: Utah matched Charlotte's four-year, $63 million offer for restricted free agent Gordon Hayward.

    Rockets: Houston agreed to a four-year deal for $32 million with small forward Trevor Ariza, the Washington Post reported. Ariza spent the past two seasons with the Wizards.

    Wizards: Paul Pierce has agreed to a two-year contract with Washington, according to a person with knowledge of the deal. Pierce played for the Brooklyn Nets last season after 15 years with the Boston Celtics.

    Hornets: Charlotte agreed to a $14 million, two-year contract with free-agent forward Marvin Williams, according to a person familiar with the deal. Williams played for Utah last season.

    Thunder: Free agent guard Anthony Morrow has agreed to three-year, $10 million deal with the Oklahoma City Thunder. Morrow played for New Orleans last season.

    Grizzlies: Memphis signed guard Vince Carter to a multiyear contract. Carter played for Dallas last season.

    Spurs: San Antonio made it official, re-signing guard Patty Mills. Mills is sidelined for at least six months because of a torn rotator cuff in his right shoulder.