- Associated Press - Tuesday, February 22, 2011

NEW YORK (AP) - The New York Knicks finally landed Carmelo Anthony, ending a trade saga and their quest for a second superstar with one blockbuster deal.

The Knicks beat out the rival New Jersey Nets to win the Anthony sweepstakes by agreeing to a trade with the Nuggets on Monday, a person familiar with the deal told The Associated Press.

The deal that would finish the season-long trade speculation involving Denver’s All-Star forward and send him to his desired destination can’t be finalized until Tuesday, after a conference call with the NBA office. Assuming it goes through, it puts Anthony alongside Amare Stoudemire in a potentially explosive frontcourt _ at a heavy cost to the Knicks, who hoped in July to sign two top stars but came away with only one.

The person provided no other details of who was in the deal, which was first reported Monday by The Denver Post. The person spoke to the AP on condition of anonymity because he was not authorized to comment publicly on the trade.

The Post, citing a league source, said the Knicks would send Wilson Chandler, Raymond Felton, Danilo Gallinari, Timofey Mozgov and a 2014 first-round draft pick to the Nuggets, who would get additional picks and cash.

Along with Anthony, New York would acquire Chauncey Billups, Shelden Williams, Anthony Carter and Renaldo Balkman, according to the Post.

The Minnesota Timberwolves are also involved in the three-way deal, getting Eddy Curry and Anthony Randolph from the Knicks for swingman Corey Brewer, a person with knowledge of the deal confirmed to the AP. The Wolves will also get about $3 million in the deal to buy out Curry’s contract. The person spoke on condition of anonymity because the trade has yet to be made official by the NBA.

The Nuggets have explored an Anthony trade since he refused to sign the three-year contract extension worth nearly $65 million they offered him last summer. They appeared on the verge of sending him to the Nets on multiple occasions, but the Knicks increased their offer enough to land Anthony, who was believed to prefer New York all along.

“All trades for coaches are sad, there’s happy and sad. I’m glad it’s over, I’m glad it’s an opportunity to reinvent,” Denver coach George Karl said as he got into his SUV outside the Pepsi Center on Monday night. “I think everybody handled it as classy as you can handle it. There’s some sadness to it, there always will be. In the same, it’s time to move on, reinvent.”

The Knicks would hope Anthony could be in uniform Wednesday when they host the Milwaukee Bucks.

Anthony led the Nuggets to the playoffs in each of his first seven seasons in Denver after winning a national title at Syracuse as a freshman and had them positioned for another playoff run this year. But Denver advanced out of the first round just once in that time.

He stood to become the headliner of the 2011 free agent class, but didn’t want to risk free agency knowing a new collective bargaining agreement could cost him millions. But once he refused the extension with the Nuggets _ plus put his Denver mansion on the market last year _ the Nuggets’ new front office team of general manager Masai Ujiri and team president Josh Kroenke had to begin trade talks so they wouldn’t risk losing him and getting nothing in return as the Cavaliers did with LeBron James and the Toronto Raptors did with Chris Bosh last year.

There were persistent rumors Anthony wouldn’t take the extension if traded to the Nets, which was a prerequisite for them agreeing to a trade. He instead gets his apparent wish to join a Knicks team that is in sixth place in the Eastern Conference and in position for its first playoff berth since 2004.

But they’ll make their postseason run without the core of the team. Felton, Gallinari, Mozgov and Chandler were four of New York’s top six players, and there is some thought the Knicks gave up too much to get Anthony, a sensational scorer headed to a team that doesn’t necessarily need more scoring.

However, the Knicks felt they couldn’t pass on the opportunity to land a 26-year-old superstar once he became available. Assuming he extends with the Knicks, Anthony and Stoudemire would be under contract for four more seasons, though the uncertain salary cap situation could wreck New York’s plans to be spenders over the next two summers.

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