Knicks re-sign All-Star Carmelo Anthony

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(Reuters) - High-scoring All-Star Carmelo Anthony has re-signed with the New York Knicks, the National Basketball Association team said on Sunday. Terms of the deal were not announced for the seven-time NBA All-Star forward. "After three months of questions around Carmelo Anthony's return to the New York Knicks, we are now happy to know that we have the cornerstone of what we envision as a 'team of excellence.'" Knicks president Phil Jackson said in a statement on the team website. "(General manager) Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team.” Anthony, who averaged 27.4 points last season for the Knicks was the biggest free agent on the market following Friday's decision by LeBron James to sign with the Cleveland Cavaliers.

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