Where is Carmelo Anthony going? The basketball player has recently announced his retirement from NBA. Continue reading the article to find out the reasons for his retirement.
Carmelo Anthony is a renowned American former professional basketball player in the National Basketball Association (NBA). He has been an NBA All-Star ten times and made the All-NBA Team six times.
After a standout season at Syracuse University, he entered the 2003 NBA draft. He was chosen as the third overall pick by the Denver Nuggets, marking the beginning of his successful NBA career.
Additionally, he helped secure two division titles for the Nuggets. His contributions to basketball extend beyond the NBA. He has proudly represented the United States in the Olympics, participating four times and achieving remarkable success.
Where is Carmelo Anthony Going After Announcing Retirement in 2023?
After a successful career spanning 19 seasons in the NBA, Carmelo has decided to retire from professional basketball.
Taking to his social media handle, he conveyed this important news to his fans by posting a video with the caption “Thank you #STAYME7O.”
In his heartfelt message, he expressed his gratitude to the court, where he made a name for himself, and to the game that gave him purpose and pride. Even though he was sad to leave the NBA, he talked about his excitement for the future and the chances it would bring.
As his retirement marks the end of an era, Carmelo leaves a remarkable legacy. He will be remembered as the ninth-highest scorer in the league’s history.
However, his focus now shifts to developing his son, Kiyan, a highly regarded shooting guard in high school. In his retirement address, the NBA player emphasized that his legacy lies not in his on-court achievements but in his impact on his son’s life.
He acknowledges that his story has always been about more than just basketball, and through Kiyan, his legacy will continue to thrive. It is now time for his son to carry the torch and make his mark on the world.
Carmelo Anthony Retirement Reason
In a surprising turn of events, the NBA player Carmelo has retired from his illustrious basketball journey. On May 22, 2023, he stunned his fans and the basketball world by officially announcing his retirement from the NBA.
During his retirement address, he revealed that he is eagerly anticipating the opportunity to witness the growth and progress of his son, Kiyan.
Recognizing his immense contributions and impact of him, NBA commissioner Adam Siler expressed his admiration and respect for the retiring legend.
Siler referred to Anthony as one of the all-time great players and ambassadors of the NBA. He also congratulated him on his remarkable 19-year career and was very excited for him to be inducted into the prestigious Hall of Fame.
Carmelo Anthony Net Worth Before Retiring
According to various media outlets, Carmelo, the renowned professional basketball player, has amassed an impressive estimated net worth of $160 million.
This significant increase in wealth is noteworthy, as Forbes reported his net worth to be $34 million in 2019. He was recognized as among the highest-paid athletes worldwide in earnings that same year.
Anthony’s financial success can be attributed to various endeavors throughout his career. In 2018, he negotiated a $25.5 million contract buyout with the Hawks, subsequently signing with the Rockets for the veteran minimum salary of $2.4 million.
Since 2003, he has enjoyed a lucrative partnership with the Jordan brand, signing a shoe deal that paid him $3.5 million annually for six years.
This collaboration resulted in the release of his first signature shoe, the Jordan Carmelo 1.5, in 2004. Over the years, his Melo line has expanded, with thirteen shoes launched in 2018.
In April 2021, he established Creative 7, a production company named after his jersey number 7 during his tenure with the New York Knicks from 2011 to 2017.