The New York Daily News is reporting that Carmelo Anthony will stay with the Knicks under a max contract -- $129 million over five years.
Knicks' Raymond Felton also suffers an injury ahead of the NBA's big day of hoops.
Third knee procedure in less than a year is a surprise, but forward says he'll be ready after training camp.
Treatment for the Knicks forward will first involve rest.
Return to Denver is ruined as Anthony returns to New York.
Knicks outscore Cavs 72-45 after Anthony goes out in second quarter.
In spite of that, short-handed Golden State falls to Carmelo Anthony and the Knicks.
After a one-game suspension for an incident last week, the Knicks' owner opted to record his star player on the cord.
Knicks forward says he doesn't think he deserves a fine or suspension.
There figure to be repercussions over Anthony's decision to hang around the Celtics' team bus.