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(The Sports Xchange) - The New York Knicks and forward Carmelo Anthony are negotiating a new contract, ESPN reported Saturday. Anthony, a free agent, was being pursued heavily by the Chicago Bulls and Houston Rockets, but they have reportedly been told that the All-Star is staying in New York. - - - The day after LeBron James announced that he is returning to Cleveland, he reached agreement on a contract with the Cavaliers on Saturday, ESPN reported. Under terms of the contract, James has an option to become a free agent after the 2014-15 season, but ESPN reported that he is committed to the Cavaliers over the long haul.
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