Thursday, January 20, 2011

Carmelo trade rumors with Nets

Nets owner Mikhail Prokhorov has told the team to end trade talks with Denver Nuggets concerning Carmelo Anthony.

"There comes a time when the price is simply too expensive," Prokhorov said in a news conference before the Nets faced the Utah Jazz. "I am instructing our team to walk away from the deal."

These trade rumors have affected the Nets, losing six straight games.

There were reports Wednesday that Anthony's representatives had let the Nuggets know that the 26-year-old forward was interested in playing for the Chicago Bulls. Houston and the Knicks also have been mentioned in trade talks involving Anthony.

The proposed deal had New Jersey sending point guard Devin Harris, rookie power forward Derrick Favors, the third draft pick overall, guards Anthony Morrow, Quinton Ross and Ben Uzoh, swingman Stephen Graham and at least two first-round draft picks to Denver.

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