It’s official: Hawks’ buyout and waiver of Carmelo Anthony complete


The Carmelo Anthony in Atlanta era is over – before it began.

As planned when the Hawks acquired Anthony as part of a three-team trade with the Thunder and 76ers, the forward was bought out and waived. The transaction was completed and the official announcement came Monday.

Anthony was due $27.9 million on his expiring contract. He gave back $2.4 million, the amount of the veteran’s minimum that he can sign with another team when he becomes a free agent after clearing waivers. Anthony will clear waivers at 5 p.m. Wednesday. The Rockets are reportedly the favorite to sign the 10-time All-Star.

The Hawks acquired Anthony from the Thunder as part of the trade finalized on July 25. The Hawks also received a 2022 protected first-round draft pick from the Thunder and forward Justin Anderson from the 76ers. Also part of the trade, the Hawks traded Dennis Schroder to the Thunder and Mike Muscala to the 76ers. Timothe Luwawu-Cabarrot was traded from the 76ers to the Thunder.

The Hawks never intended to keep Anthony. They absorbed his salary into their cap space. After several other moves made and agreed upon, the Hawks will have 15 players under guaranteed contracts and two players on two-way contracts for next season.


Reader Comments ...


Next Up in Atlanta Hawks

Hawks come up just short against LeBron James, Lakers
Hawks come up just short against LeBron James, Lakers

Taurean Prince scored 23, Kent Bazemore 21 and Trae Young 20 but the Hawks lost to the Lakers 107-106 Sunday night in Los Angeles. LeBron James led the Lakers with 26 points, including the game-winning dunk with 15.3 seconds to play.  Young also had 12 assists and just four turnovers. The rookie hit 8 of 18 shots from the field and 4 of 8 from...
Hawks fall to Pistons 124-109 for third consecutive loss
Hawks fall to Pistons 124-109 for third consecutive loss

Detroit Pistons coach Dwane Casey challenged his team to overcome the Hawks’ league-leading pace of play by beating Atlanta in transition and forcing turnovers. They succeeded on both fronts in Friday’s 124-109 win at State Farm Arena. Although the Hawks entered the game ranked third in the NBA in turnovers forced (17.6), the Pistons...
Trae Young, other Hawks struggle with their shots in loss to Knicks
Trae Young, other Hawks struggle with their shots in loss to Knicks

The Hawks almost did it, but their comeback fell short in a 112-107 loss to the New York Knicks Wednesday night at State Farm Arena.  The game was evenly matched through the first half and the Hawks held a three-point lead after two periods. That changed in the second half as the Hawks went cold and the Knicks scored 35 points in the third quarter...
Hawks fade in road loss to Hornets
Hawks fade in road loss to Hornets

Trae Young finished with 18 points and 10 assists but the Hawks lost to the Hornets 113-102 Tuesday night in Charlotte. The Hawks started 2018 first-round draft picks Young, Kevin Huerter and Omari Spellman for the first time this season and pushed the Hornets before losing for the eighth time in the last nine meetings between the teams....
Hawks’ Prince listed as doubtful vs. Hornets
Hawks’ Prince listed as doubtful vs. Hornets

The Hawks will likely be without starting small forward Taurean Prince for Tuesday’s game at the Hornets. Prince, with a right ankle sprain, was listed as doubtful on the team’s injury report released Monday afternoon ahead of the game. He was injured with 8:41 left in the fourth quarter of Saturday’s home win over the Heat when he...
More Stories