06/22/2014 04:01 pm ET Updated Jun 22, 2014

Source: Carmelo Anthony Will Terminate Knicks Contract Early And Test Free Agency - Yahoo Sports

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As planned, All-Star forward Carmelo Anthony will file notice with the New York Knicks on Monday that he plans to exercise the early termination option on his contract and become a free agent on July 1, a league source told Yahoo Sports.

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