Phil Jackson confident Melo will stay with Knicks

Reuters/The Sports Xchange

Posted at Jul 11 2014 05:11 PM | Updated as of Jul 12 2014 01:11 AM

Free agent forward Carmelo Anthony is keeping Phil Jackson waiting by the phone.

The New York Knicks president remained optimistic Thursday that Anthony will choose to remain with his team. Anthony is believed to have received a maximum contract offer of five years and $129 million from the Knicks.

- -

The Atlanta Hawks signed free agent guard-forward Thabo Sefolosha on Thursday.

Sefolosha and the Hawks reached agreement last week on a three-year, $12 million contract.

- -

The Cleveland Cavaliers officially signed point guard Kyrie Irving to a contract extension, the team announced Thursday.

The extension is reported to be a max contract allowed under the collective bargaining agreement at five years and $95 million. The new deal begins next year and will run through the 2019-20 season. Irving had one year remaining on his contract.

- -

Jarrett Jack and Tyler Zeller were traded by the Cavaliers, who needed the cap space to advance their pursuit of LeBron James and other big-name players.

Jack and his $6.2 million salary was shipped to the Brooklyn Nets along with Sergey Karasev.

The 20-year-old Karasev was the 19th overall pick in the 2013 draft.

Zeller and a lottery protected first-round pick went to the Boston Celtics in exchange for a second-round pick as part of three-team deal that also included Marcus Thornton, who is in the final year of his contract and is scheduled to make $8.69 million next season.