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Report: Carmelo Anthony to Re-Sign With Knicks - Rest easy New York Knicks fans, Carmelo Anthony is coming home too. According to a report from Adrian Wojnarowski of Yahoo Sports, Anthony has decided to sign a five-year $120 million max contract with the Knicks. A press conference to officially announce the deal is set for Sunday. Melo's decision to return to New York follows LeBron James's announcement that he was leaving the Miami Heat to return to the Cleveland Cavaliers on Friday. (Photo: Bill Kostroun/AP Photo)

Photo By Photo: Bill Kostroun/AP Photo

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Chris Bosh Agrees to Five-Year $118 Million Deal With Heat - If you ask the Miami Heat organization, one out of three ain’t that bad. After finding out that LeBron James was taking his talents back to Northeast Ohio, the Heat quickly came to an agreement with Chris Bosh. According to multiple media reports, Bosh and the Heat are finalizing the terms of a five-year $118 million max deal to keep the power forward in South Beach. Until the Heat figure out a deal with Dwyane Wade, Bosh is currently the only remaining member of Miami’s championship winning Big Three. (Photo by Rob Carr/Getty Images)

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Rockets Trade Jeremy Lin, Creating Room For Chris Bosh - The Houston Rockets traded Jeremy Lin to the Los Angeles Lakers on Friday, to free up room to offer Chris Bosh a max four-year, $88 million, ESPN is reporting. Bosh did say that he would leave the Miami Heat if LeBron James did. With James returning home to play for the Cleveland Cavaliers, the time is ticking for Bosh to go to Houston...that is if Miami doesn't manage to keep the All-Star power forward. (Photos from left: Maddie Meyer/Getty Images, Ronald Martinez/Getty Images)

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Phil Jackson Hasn't Heard From 'Melo, But Remains Confident - Phil Jackson has texted Carmelo Anthony in recent days without receiving any response. However, when push comes to shove, the New York Knicks' president firmly believes that Melo will remain a Knick. "We’re waiting,” Jackson told the New York Daily News on Thursday after watching a Knicks’ summer-league practice in Las Vegas. “I felt really good about my conversation with Carmelo (last Thursday in Los Angeles). We really struck a chord. The two of us feel really passionately about what we’re trying to get accomplished. It’s his ability to stay, be patient, lead and watch us develop a winner.” The Knicks have offered Melo a five-year $129 million deal, which is $33 million more than any other NBA squad can offer him.(Photos from left: Frazer Harrison/Getty Images, Harry How/Getty Images) 

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LeBron James Flies Back to Miami With Wade - LeBron James and Dwyane Wade spent the day at the LeBron James Skills Academy in Las Vegas before flying to Miami on Thursday night. However, according to ESPN, their trip back to Miami shouldn't be a sign of where King James will be playing next season. His former team, the Cleveland Cavaliers, are posing the biggest threat to the Miami Heat of re-acquiring James's services. Heat president Pat Riley met with James's agent, Rich Paul, on Wednesday. King James, on behalf of Nike, is scheduled to attend the FIFA World Cup final match between Argentina and Germany in Brazil on Sunday. (Photo: Lynne Sladky/AP Photo)

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Judge Recesses Sterling-Clippers Case for Two Weeks - The Sterlings-Los Angeles Clippers trial was given a two-week recess by Superior Court Judge Michael Levanas on Thursday, according to ESPN. Reason being — Donald Sterling's lawyers had plans for a vacation and a wedding anniversary, forcing Levanas to set the next hearing for July 21 with the closing arguments now set for July 28. Shelly Sterling's lawyers had originally requested that the sale of the Clippers could be approved by the NBA Board of Governors by July 15 and closed by September 15. If it's not made finalized by September 15, the NBA has the right to auction the franchise. This trial is supposed to determine whether Shelly Sterling properly followed the bylaws of the Sterling Family Trust in selling the Clippers to ex-Microsoft CEO Steve Ballmer for $2 billion in late May.(Photo: CSM /Landov)

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Yankees Masahiro Tanaka Out at Least Six Weeks - Ouch...this one is going to hurt. The New York Yankees will be without the services of budding star pitcher Masahiro Tanaka for at least six weeks due to a partially torn ulnar collateral ligament in his pitching elbow, according to ESPN. Tanaka will receive an accelerated rehab treatment, but if that doesn't work he may fall victim to the dreaded, season-ending Tommy John surgery. Tanaka leads all MLB pitchers with 12 wins this season. (Photo: Jason Miller/Getty Images)

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Michael Crabtree Holds Tongue About Sherman - Seattle Seahawks cornerback Richard Sherman reiterated his dislike for Michael Crabtree earlier this week. But the San Francisco 49ers wide receiver isn't interested in engaging in a war of words with the outspoken Sherman. "I'm getting (tired) talking about these guys," Crabtree said on ESPN's NFL Live on Thursday. "I concentrate on football. I love football. This my life, you know what I'm saying? So, I don't really have too much to prove when it comes to talking on this TV." However, he did hurl a sibliminal shot Sherman's way via social media earlier in the day, tweeting: "I want to tweet something gangsta, but I'll keep it PG-13.." Crabtree and Sherman will face off twice in a three-week span during the 2014 NFL season, when the 49ers meet the Seahawks on November 27th and December 14th.&nbs...

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NFL Teams Split $6 Billion in Revenue - How big and powerful is the NFL machine? Well, according to ESPN, NFL teams have divided a whopping $6 billion in revenue from the 2013 NFL season. That's $187.7 million for each of the league's 32 teams, as financials from the Green Bay Packers revealed. Most of the money derived from the NFL's television rights.(Photo: National Football League)

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LeBron James Meets With Heat, No Decision Yet - LeBron James finally met with Miami Heat president Pat Riley and team officials Wednesday, but left without a decision, sources told ESPN. James and his agent, Rich Paul, will not meet with any other teams. Miami’s biggest competition to land James remains his old team, the Cleveland Cavaliers. That's especially true after the Cavs unloaded on Jarrett Jack's contract, freeing up the salary-cap space needed to offer James a max deal. (Photo: Chris Trotman/Getty Images)

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Mavericks, Chandler Parsons Agree to Deal, Rockets Could Match Offer - It’s never a good thing to lose a talented player to another in-state team. That’s the predicament the Houston Rockets currently find themselves in after their free agent small forward Chandler Parsons and the Dallas Mavericks agreed to a three-year deal worth $45 million, according to ESPN. Once Parsons signs the offer sheet, Houston will have three days to match the offer. Parsons averaged 16.6 points, 5.5 rebounds, and 4.0 assists per game for the Rockets this past season.    (Photo: Scott Halleran/Getty Images)

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Argentina Makes World Cup Final on Penalties - Wednesday’s 2014 FIFA World Cup semifinal was the exact opposite of Tuesday’s semi, which saw Germany thrash Brazil 7-1. Instead of a high-scoring match, Argentina and Netherlands went scoreless through 120 minutes of play before Lionel Messi and company edged the Dutch 4-2 via a penalty shootout. Messi found the net for the first goal of the penalty shootout, while teammate Maxi Rodriguez nailed the clincher. With the win, Argentina advances to face Germany in the World Cup final Sunday. Meanwhile, Brazil will host the Netherlands for third place on Saturday.  (Photo: Matthias Hangst/Getty Images)

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Gregg Popovich Agrees to Extension With Spurs - Well, this one was an absolute no-brainer. Fresh off winning the NBA championship last month, the San Antonio Spurs gave coach Gregg Popovich a multi-year contract extension Wednesday, as posted on the Spurs' website. Terms of the extension were not disclosed. Popovich, widely regarded as the best coach in the NBA, has led the Spurs to five NBA titles since taking over the bench for the franchise in the 1996-97 season. (Photo: Jonathan Daniel/Getty Images)

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Nets to Pay Record $90 Million Luxury Tax - Brooklyn Nets owner Mikhail Prokhorov wants to win at any cost. According to ESPN, the Nets will pay a record $90.57 million in luxury taxes for this past 2013-14 NBA season. In total, the Nets paid more than $197 million in salaries and luxury taxes this past season.  (Photo: Bruce Bennett/Getty Images)

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No Love Lost Between Richard Sherman, Crabtree - Don’t hold your breath on Seattle Seahawks cornerback Richard Sherman and San Francisco 49ers receiver Michael Crabtree squashing their beef any time soon. In an appearance on the debut episode of American Muscle on the Discovery Channel on Tuesday night, Sherman made his dislike for Crabtree clear. “It’s much more of just I don’t like the dude,” Sherman said, as reported by USA Today. “You know what I’m saying. And I think he’s sorry. So it’s really what it comes down to. It’s just about him, it’s just about Crabtree. It’s not going to be something that goes away. I hope to play him every year for the rest of my career and choke him out. There’s not much else I can say about the subject. Nobody will understand it but him and me. That’s all that needs to understand.” Sherman notoriously ranted about Crabtree last season moments...

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Charles Barkley Says Manziel Is Too Immature - NFL legends like Emmitt Smith and Joe Montana have weighed in on Johnny Manziel. Now, an NBA Hall of Famer is speaking his piece on Johnny Football’s partying ways too. "You should never take selfies of yourself doing anything that can be considered stupid," Barkley said of the Cleveland Browns rookie quarterback to the Bull and Fox Show in Cleveland, as reported by CBS Sports. "And that's probably the only problem I have with Johnny Manziel. Most of his pictures are selfies, and that tells me he's just too immature to handle this fame thing right now. I think he has to be careful. Johnny has to understand, everybody has a cellphone. You have to be careful when you're out in public. The only problem I have with Johnny Manziel is him and his friends are always taking pictures. Somebody might get [a picture of me], but it...

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Yankees’ Masahiro Tanaka Placed on DL - Tough break for the New York Yankees. Their 25-year-old star pitcher Masahiro Tanaka was put on the 15-day disabled list Wednesday for elbow inflammation, ESPN reported. The Yankees are hoping that the elbow inflammation isn’t a precursor to Tommy John surgery, as elbow pain is a common symptom of the season-ending operation. Tanaka leads Major League Baseball pitchers with 12 wins. (Photo: Mike Carlson/Getty Images)

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Gordon Hayward, Hornets Agree to $63 Million Offer Sheet - The Charlotte Hornets really wanted Gordon Hayward to be their shooting guard. On Wednesday, the Michael Jordan-owned Hornets and Hayward, a free agent with the Utah Jazz, agreed to a four-year offer sheet worth $63 million. After Hayward signs the sheet Thursday, the Jazz will have three days to match the offer or else they’ll lose the 24-year-old’s services. Hayward enjoyed his best NBA season in 2013-14, posting averages of 16.2 points, 5.2 assists, and 5.1 rebounds per game. (Photo: Jeff Gross/Getty Images)

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LeBron James to Discuss Future With Pat Riley - What will come out of today's meeting with LeBron James and Miami Heat president Pat Riley in Las Vegas? We will soon find out. After leading the Heat to two NBA titles in four straight Finals appearances, King James is threatening to take his talents out of South Beach. His agent, Rich Paul, has already formally met with teams such as the Cleveland Cavaliers, Houston Rockets, Dallas Mavericks, Phoenix Suns and Los Angeles Lakers last week with the Cavs reportedly posing the biggest threat to land James once again. Riley convinced James to leave Cleveland in 2010 and take his talents to South Beach. Now can the basketball mastermind keep him in Miami?  (Photo: Andy Lyons/Getty Images)

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Derek Fisher Tells Melo Knicks Will Be Better - If Carmelo Anthony decides to leave the New York Knicks, it won't be any fault of Derek Fisher's. The former NBA veteran point guard and current rookie coach of the Knicks recently tried to sell Melo on the vision that the franchise will only improve. "He wants to win, wants to be successful," Fisher told ESPN of Anthony. "The time I had the visit with him I just shared with him we'll be a better basketball team because we'll play the game a better way, play as a team, play with a system and format to allow the game to be easier for him for him and his teammates. I'm not sure if it hit home. I guess we'll find out. Hopefully we'll find out soon." (Photos from left: AP Photo/Seth Wenig, Bill Kostroun/AP Photo)

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Donald Sterling Defends Mental State in Clippers Trial - Banned owner Donald Sterling had originally been declared "mentally incapacitated" by doctors. But the former Los Angeles Clippers owner contended that he is mentally sound during Tuesday's court hearing over the $2 billion sale of the team, according to ESPN. That didn't stop new Clippers owner Steve Ballmer's lawyer from disagreeing. "The doctors are absolutely correct in their conclusions. You can't help but feel a little sympathy for the man because he clearly is not working with all of his faculties," Ballmer lawyer Adam Streisand told ESPN. This trial will decide if Shelly Sterling properly followed the bylaws of the Sterling Family Trust in selling the Clippers to Ballmer.(Photo: AP Photo/Danny Moloshok, File)

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Germany Humiliates Brazil in World Cup Semis - Humiliating. Embarrassing. Downright ugly. Those are words to describe Germany's 7-1 demoloshing of host country Brazil in the 2014 FIFA World Cup semifinal on Tuesday. Germany asserted its will and dominance on Brazil quickly, building a 5-0 lead before the 30-minute mark, before cruising to victory. Brazil, which was playing without star player Neymar due to injury, was defeated so bad there were reports of mini riots and demonstrations against the home team by their own fans. Germany now meets the winner of Wednesday's other semifinal between Argentina and the Netherlands.

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LaMarcus Aldridge Vows to Re-sign With Blazers Next Summer - Think LaMarcus Aldridge is learning a thing or two from this current NBA free agent frenzy? The Portland Trail Blazers All-Star power forward told the Oregonian that he will not sign a contract extension with the team this off season, but plans on doing so next summer. Makes sense, considering Aldridge can drive his contract up to a possible five years and $108 million at that point. Aldridge averaged 23 points and 11 rebounds per game this past season.(Photo: Steve Dykes/Getty Images)

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Pau Gasol Meets With Thunder Coach - It's safe to say that the Oklahoma City Thunder have their hearts set on landing Pau Gasol in the free agency market. Thunder coach Scott Brooks met with Gasol in Southern California on Monday, ESPN has learned. This comes after Thunder stars Kevin Durant and Russell Westbrook were involved in the official pitch meeting with Gasol last week. Will they get their man? (Photo: Stephen Dunn/Getty Images)

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Former Coach Says "New York is Not Brian [McCann]" - Some athletes are just not fit to play in New York. Atlanta Braves hitting coach Terry Pendleton believes Brian McCann is one of them. “New York is not Brian,” Pendleton told the New York Post of his former player McCann. “That’s my opinion. I knew if he chose New York, there would be more than he expected or knew about. He’ll never be comfortable with that.” McCann, a catcher with the New York Yankees, respectfully disagreed with his former coach. (Photo: Jim McIsaac/Getty Images)

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Report: LeBron James's Inner Circle Wants Return to Cleveland - Reports of LeBron James having serious interest in a return to the Cleveland Cavaliers definitely have legs. According to Chris Sheridan of SheridanHoops, King James’s inner circle, including his wife, Savannah, reportedly want the superstar forward returning to the Cleveland Cavaliers and his home state of Ohio. This latest report comes after ESPN’s Chris Broussard tweeted Sunday: “Cleveland has replaced Miami as my front runner to land LeBron James. I’m not saying LJ to the Cavs is done deal or I know 4 a fact; just my gut feeling on many conversations I’ve had around this story. These convos aren’t sourced enough 4 me to report as fact. But I’ve heard enough to believe 'the wind is blowing' LJ back home. We’ll see…” Adding to the speculation of James’s return to Cleveland was Monday’s news of the Cavs removing owne...

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Report: Chris Bosh Tells Rockets "I Want to Be in Miami" - After reports surfaced of Chris Bosh seriously considering a four-year, max offer from the Houston Rockets worth $88 million, Yahoo Sports is reporting that the All-Star power forward wants to stay in South Beach. Bosh reportedly told the Rockets, “I want to be in Miami. I want to play with LeBron.” That being said, Yahoo’s Adrian Wojnarowski tweeted early Tuesday morning that although Bosh’s preference is to remain with the Heat, he’s still open to Houston’s offer. (Photo: Mike Ehrmann/Getty Images)

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Hornets Rookie P.J. Hairston Faces Assault Charges - This can’t be the type of headlines that Charlotte Hornets owner Michael Jordan wants to hear about one of his rookies. Hornets guard P.J. Hairston has been charged with assault and battery stemming from an altercation during a pickup basketball game Sunday in Durham, North Carolina, USA Today is reporting. Kentrell Barkley, a 17-year-old high school senior, alleges that Hairston “punched him twice in the head” during a heated basketball game at the Durham YMCA. Hairston’s reaction? "I want to apologize to the Hornets organization and our fans for creating this distraction," Hairston said in a statement released by the Hornets. "As this is now a legal matter, I cannot comment on the situation any further. I am truly sorry for any embarrassment that I have caused." Hairston was selected by the Miami Heat ...

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Heat Add Danny Granger, Josh McRoberts - Just last month, Pat Riley vowed to “retool” the Miami Heat. Well, the Heat president has hit the ground running on that promise. On Monday, the Heat added free agents Josh McRoberts and Danny Granger. McRoberts, a 6-10 power forward who averaged 8.5 points and 4.8 rebounds for the Charlotte Bobcats this past season, agreed to a four-year deal worth $23 million with Miami. Meanwhile, Granger agreed to a two-year, $4.2 million deal with the Heat, according to ESPN. Granger, a former all-star who, at one point, averaged nearly 26 points per game, hasn’t been the same player following knee injuries but is still serviceable. The 6-foot-9 small forward averaged 8.2 points per game this past season, playing for both the Indiana Pacers and Los Angeles Clippers.   (Photos from Left: Michael Hickey/Getty Images, Streeter Lecka/Getty Images)

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Westbrook Withdraws From USA Basketball Team - Don’t look for Russell Westbrook on team USA this summer. The dynamic Oklahoma City Thunder guard has withdrawn from the USA Basketball roster for the upcoming World Cup hoops tournament in Spain, sources told Yahoo Sports. Westbrook previously won gold medals in 2010 and 2012 during the world championships and Olympics, respectively. Westbrook is still reportedly interested in participating in the 2016 Olympics in Brazil. (Photo: Christian Petersen/Getty Images)

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Judge Denies Sterling's Bid to Move Trial - The trial to decide the validity of the $2 billion sale of the Los Angeles Clippers began Monday in Los Angeles. One problem, though. Banned owner Donald Sterling wasn’t present. "He was not here today because our expectation was that it would take some time to get a decision from the federal court and we didn't want to have him come down here and put him on in this environment," Sterling’s attorney Bobby Samini told ESPN on Monday. "I don't think it was an unreasonable position to take." The attorney for Shelly Sterling countered by suggesting a bench warrant be issued for her husband. Although Sterling wasn’t present for the trial’s opening day, a federal court judge rejected his legal team’s motion to move the case from California probate court to federal court. This trial will decide whether Shelly Sterling proper...

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Aaron Hernandez Gets Approval for Jail Transfer - Aaron Hernandez was granted permission by a judge Monday to transfer to a jail closer to Boston to have easier access to his lawyers, the Associated Press reported. The former New England Patriots star tight end mouthed messages to his family, including mother and brother, before Monday’s hearing began. Hernandez awaits trial, tentatively this October, for the 2013 murder of 27-year-old, semi-pro football player Odin Lloyd. He will also be tried for the 2012 drive-by, double murder of two Boston men. Hernandez has pleaded not guilty in each case. His next hearing is scheduled for August 11. (Photo: Josh Reynolds/The Boston Globe, Pool/AP Photo)

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Channing Frye, Magic Agree to $32 Million Deal - The Phoenix Suns wanted to bring Channing Frye back in the 2014-15 season for the final year of his five-year, $30 million contract. But in the end a brand new four-year, $32 million deal from the Orlando Magic was just too good for the forward to pass up. According to Yahoo Sports, the 6-foot-11 forward agreed to those terms Monday, bringing a career average of 9.9 points per game through eight NBA seasons. (Photo: Christian Petersen/Getty Images)

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Report: Carmelo Anthony to Decide Between Knicks, Lakers - Which max contract offer is Carmelo Anthony going to choose? Sources tell ESPN that the Los Angeles Lakers have emerged as the biggest threat against the New York Knicks’ chances of re-signing the superstar small forward. The Knicks have offered Melo a five-year deal worth $129 million, while the Lakers offered him a four-year contract worth $97 million.(Photo: Christian Petersen/Getty Images)

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Rockets Pursuing Chris Bosh - The Houston Rockets are reportedly “heavily engaged” in trying to get Chris Bosh to leave the Miami Heat via free agency, according to ESPN. Bosh is reportedly waiting on LeBron James to decide what he’s going to do, before making a decision himself. Perhaps the Rockets courting Bosh also spells that they've given up on the hope of Carmelo Anthony joining them as a free agent. Melo met with the Rockets last Wednesday. Bosh and Dwyane Wade — both represented by the same agent — will each weigh their options separately. (Photo: Mike McGinnis/CSM /Landov)

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Pacers Quietly Shopping Roy Hibbert? - Roy Hibbert was an All-Star for the Indiana Pacers this past season, but was mired in a costly late-year slump, which included averaging just 5.3 points and 3.7 rebounds per game in nearly being eliminated by the eighth-seed Atlanta Hawks in the playoffs. Could that slump be a reason why the Pacers are reportedly shopping the 7-foot-2 center? According to CBS Sports, Indiana is quietly eyeing a way to move the big man. (Photo: Mike Ehrmann/Getty Images)

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Blue Jays Bautista All-Star Game's Top Vote-Getter - Hitting .296 with 17 home runs and 51 RBI, Jose Bautista was the top vote-getter for the upcoming 2014 Major League Baseball All-Star game. The Toronto Blue Jays right fielder received 5.6 million ballots cast in his favor. Other notable All-Stars include Baltimore Orioles slugger Nelson Cruz, who was voted in despite being suspended last year due to performance-enhancing drug use. In addition, New York Yankees Derek Jeter will start at shortstop for the American League during his 14th and final All-Star appearance. The MLB All-Star Game will be held at Minnesota’s Target Field next Tuesday, July 15.  (Photo: Tom Szczerbowski/Getty Images)

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Nerlens Noel, Shabazz Napier Make Summer League Debuts - Nerlens Noel’s NBA career was dashed before it even started when the 6-foot-11 center missed 18 months of action due to knee surgery. However, this past weekend, the Philadelphia 76ers got to see their young center’s potential when he scored 19 points in NBA summer league competition. Shabazz Napier, who the Miami Heat selected in this year’s NBA Draft, didn’t fare as well, missing his first 10 shots and committing eight turnovers. (Photos from Left: Mike Stobe/Getty Images, Vivien Killilea/Getty Images)

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Montana, Rice to Play Final Football Game at Candlestick Park - How about this for a little nostalgia? CBS Sports is reporting that San Francisco 49ers greats Joe Montana and Jerry Rice will help pay tribute to the legendary Candlestick Park by playing on the “Legends of Candlestick” team against Dan Marino’s All-Stars on July 12. Other former 49ers expected to be involved are Steve Young, Ronnie Lott and Dwight Clark, while Marino has tabbed the likes of Tim Brown and Drew Bledsoe to join him. The 49ers defeated the Atlanta Falcons in the last official NFL game at Candlestick Park last December. (Photo: John Shearer/WireImage) 

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Djokovic Beats Federer, Wins Wimbledon - Novak Djokovic didn’t want to see Roger Federer make tennis history at his expense. Djokovic denied Federer his record eighth Wimbledon championship Sunday by defeating him in five sets, 6-7 (7), 6-4, 7-6 (4), 5-7, 6-4. The victory marks Djokovic’s second Wimbledon championship and seventh Grand Slam title. (Photo: Ben Curtis/AP Photo)