The trade proposal between the Denver Nuggets, New Jersey Nets, Charlotte Bobcats, and the Utah Jazz was officially denied Tuesday morning. If accepted, Carmelo would go to the NJ Nets in return for Andrei Kirilenko of the Jazz, Derrick Favors of the Nets, and a first round pick for Carmelo. The Nuggets are driven not to let Carmelo go, but he has not yet signed a contract extension for 3 years and $64.7 million that was given to him. Carmelo can become a free agent next year if he denies the offer. He has been a Nugget for seven years and never once changed his jersey number. Right now, he is under a contract for $17.15 million. If he stays, he will be getting $18.52 million as well as 3 more years to be a Denver Nugget. In my opinion, Carmelo should sign the contract and be a Nugget. Carmelo has many thoughts running through his mind, and to know a better description of what's happening, go to
http://www.nba.com/nuggets/
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