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Knicks Make 'Significant Progress' In Bid To Acquire Carmelo Anthony

Chris Sheridan of reports the Knicks have seized the opportunity to acquire Carmelo Anthony a month after their crosstown rivals, the Nets, saw their four-team effort collapse. Here are the particulars, per Sheridan:

The offers the Knicks have proposed have always centered around packages including Anthony Randolph, the expiring contract of Eddy Curry and a first-round draft pick they would acquire from a third team, and New York has softened its stance on including forward Danilo Gallinari in a trade.

But to get the first-round pick necessary to appease the Nuggets, the Knicks would likely have to part with Toney Douglas, Sheridan says. The second-year point guard has shown promise when given extended minutes.