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Carmelo starts countdown for launch with Rockets

China Daily | Updated: 2018-08-01 07:27

The Atlanta Hawks placed Carmelo Anthony on waivers on Monday, hours after reaching an agreement on a contract buyout. He will become a free agent once he clears waivers on Wednesday.

A source told ESPN that terms of the buyout call for the 34-year-old Anthony to receive the $27.9 million due to him under the terms of his contract, then rebate $2.4 million to the Hawks.

Once he clears waivers, he is expected to join the Houston Rockets for the veteran minimum contract of $2.4 million. He's been working out with Houston stars James Harden and Chris Paul.

Carmelo starts countdown for launch with Rockets

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