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Woj: Blazers Guarantee Carmelo Anthony’s Contract for the Rest of the Season

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Melo had previously signed a non-guaranteed contract with Portland.

NBA: Chicago Bulls at Portland Trail Blazers Soobum Im-USA TODAY Sports

The Portland Trail Blazers are guaranteeing Carmelo Anthony’s contract for the rest of the season, according to ESPN’s Adrian Wojnarowski. Portland had until early January to guarantee Anthony’s non-guaranteed deal that he signed when he joined the team. The contract in total will be about $2.15 million, but will only cost the team about $1.36 million, as ESPN’s Bobby Marks notes.

Anthony is averaging 16.9 points and 5.9 rebounds over 31 minutes per game. He recently won Player of the Week for a stretch that saw Portland go 3-0 and break a four-game losing streak.