Report: Thunder to part ways with Carmelo Anthony

FILE - In this Feb. 13, 2018, file photo, Oklahoma City Thunder forward Carmelo Anthony pauses during the team''s NBA basketball game against the Cleveland Cavaliers in Oklahoma City. Anthony plans to opt in and take the $28 million he is due next season. The New York Times first reported the 34-year-old Anthony's decision to bypass the chance to become a free agent. A person with knowledge of details confirmed Anthony's choice to The Associated Press on Friday night, June 22. The person spoke on the condition of anonymity because he was not authorized to discuss the situation publicly. (AP Photo/Sue Ogrocki, File)

The Oklahoma City Thunder and Carmelo Anthony will part ways this summer, according to reports.

ESPN'S Adrian Wojnarowski and Royce Young report that the Thunder will either trade Anthony, use the NBA's stretch provision or combine a buyout of his contract and use the stretch provision. Anthony opted into his $27.9 million contract earlier this off-season.

The Thunder face a $310 million payroll and luxury tax bill, the highest in NBA history after an off-season that has seen them re-sign Paul George, Jerami Grant, Raymond Felton and pick up free agent Nerlens Noel.

ESPN reports that using the stretch provision would eliminate $107 million from their 2018-2019 payroll and tax bill. Anthony holds trade veto power.

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