Originally written on Los That Sports Blog  |  Last updated 11/12/14
Tweet New York Knicks star Carmelo Anthony is set to receive large portions of his $124 million contract in advance payments, according to people familiar with the matter. The seven-time All-Star will receive half of his $22.5 million salary this season early. His contract is set up the same way for future years too, meaning that he’ll eventually garner a little over $62 million, half the value of his entire deal, through advance payments.  Anthony will annually receive 50% of his yearly salary in an advance payment. He won’t receive half of the entire $124 million contract this year. Anthony’s advance payments will have no impact on the Knicks’ salary-cap situation. It simply changes the timing of when the 30-year-old will receive his biggest paychecks. Anthony’s agent, Leon Rose, didn’t immediately return a call seeking comment. Don’t hate the player, hate the game.
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