The Thunder will first try to trade Anthony, who has a no-trade clause.

The 34-year-old recently opted into his $27.9 million contract for the 2018-19 season - a high number for an aging player who saw his role decrease throughout the campaign.

After one year with the Oklahoma City Thunder, Carmelo Anthony will play for a new team next season.

Should Anthony hit the open market, the two reporters say the most interested parties would be the Houston Rockets, Miami Heat and Los Angeles Lakers.

According to the New York Times' Marc Stein, the Rockets are one of the teams that will be looking at Anthony once he becomes a free agent.

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The Thunder's aggressive summer of recruitment has pushed their payroll to an historic $310m - the highest in National Basketball Association history - with the team facing an eye-watering luxury tax bill if roster moves are not made in the coming weeks.

Should Anthony wind up as a free agent, the Heat likely would be limited to no more than a bid of the $5.3 million taxpayer mid-level exception, a figure that the Heat also may have to instead utilize for a potential return by Dwyane Wade. A person with knowledge of the negotiations said Friday, July 6, 2018, that Anthony and the Thunder have mutually decided that he will not be on the team next season, though it remains unclear how that departure will actually happen.

"Anthony still holds trade veto power, but it's likely that any proposed deal would be with a team wanting simply to waive Anthony and allow him into free agency".

The Oklahoma City Thunder succeeded in their biggest challenge this summer, convincing Paul George to stick around with a four-year deal.

Anthony struggled in his only season with the Thunde, notching career-low marks in points (16.2) and minutes (32.1) per game while shooting just 40.4 percent from the field.