POSTED: Jun 23, 2014 12:24 PM ET
UPDATED: Jun 23, 2014 1:07 PM ET
NEW YORK (AP) — Carmelo Anthony ''loves being a Knick'' but is headed for free agency because he wants to explore his options, his agent said.
Anthony had a Monday deadline to terminate the final year of his contract and had already informed the team he would do so. He will be able to negotiate with teams starting July 1.
''Carmelo loves being a Knick, he loves the city and the fans,'' Leon Rose said. ''At this stage of his career he just wants to explore his options.''
The best one financially would be to return to New York, which can offer him an extra year and around $25 million more than any team under NBA rules.
But Anthony has said his priority at this stage of his career is to contend for championships, and the Knicks are coming off a 37-45 season and have