Melo Re-signs with Knicks; Pierce Joins Wizards; Chandler Parson Signs with Mavericks

Carmelo Anthony agreed to resign with the New York Knicks for five years for a deal worth between $122-123 million. Anthony averaged 27.4 points, 8.1 rebounds and 3.1 assists last season for the Knicks and finished second in scoring behind scoring leader Kevin Durant. Melo will have a new head coach in Derek Fisher and having Melo gives Fisher the opportunity to coach one of the top 10 players in the league.

Paul Pierce agreed to sign with the Washington Wizards for two years for a deal worth $11 million. Pierce averaged a career-low 13.5 points and 4.6 rebounds last season with the Brooklyn Nets. Pierce had spent his whole career with the Boston Celtics before being traded to Brooklyn during the offseason. Pierce will mostly likely replace Trevor Ariza as the Wizards starting small forward. Ariza recently signed with the Houston Rockets as a free agent. Pierce will give the Wizards a better shooter and a veteran with championship experience.

Chandler Parsons signed a three-year deal with the Dallas Mavericks worth $46 million after the Rockets decided not to match his contract. Parsons averaged 16.6 points, 5.5 rebounds and 4 assists all career-highs for the Rockets last season. Parsons give the Mavs one of the top shooters in the league and the Mavs will definitely be one of the best shooting teams in the league next season.

Photo Credits: TheSource.com (photo1), Ron Atonelli/NY Post (photo2), Rocky Widner/Getty Images (photo3)