Carmelo Anthony Signs 1-Year, $2.4M Contract With Houston Rockets

Update: It has been confirmed that Carmelo Anthony signed a $2.4 million deal with the Houston Rockets on Monday, August 13. Chris Paul also confirmed the news with a tweet of him and Anthony that he captioned, "Welcome my brother."

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After reports surfaced noting Carmelo Anthony would be joining the likes of James Harden and Chris Paul on the Houston Rockets, the actual length of the contract along with how much he'll be paid has been revealed. Via Adrian Wojnarowski and ESPN, Melo is set to sign a one-year deal with the Rockets for $2.4 million.

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Shams Charania of Yahoo Sports reports that the Houston Rockets and Carmelo Anthony have reached an agreement that will see Melo join reigning MVP James Harden and Chris Paul in Houston. Although the deal isn't inked, Melo informed the team that he will officially sign after his trip in Africa.

Although the particulars of the deal have not been disclosed, it is assumed that Anthony will join Houston under the veteran-minimum for a one year deal.

Carmelo spent last season with the Oklahoma City Thunder before having his rights traded to the Atlanta Hawks earlier this summer. Anthony and the Hawks reached a buyout July 31.

With Melo to Houston being a formality, where will the Rockets finish in the Western Conference this season?

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