Since joining the Atlanta Hawks on a trade from the Oklahoma City Thunder in July 2018, Carmelo Anthony played only 10 games, all of them for the Houston Rockets. Yet, the Hawks and the Rockets paid almost $30 million to Melo during this season.
On July 25, 2018, Melo ended with the Hawks via a three-team trade, in which the Thunder acquired Dennis Schröder from the Hawks and Timothé Luwawu-Cabarrot from the 76ers. In 2018-2019, Anthony was supposed to earn over $25 million based on his contract.
Five days later, the Hawks used a buyout and placed Anthony on waivers. In mid-August, Anthony signed a one-year, $2.4 million veterans minimum contract with the Rockets.
In November, the Rockets GM Daryl Morey announced that the team was “parting ways” with Melo, but had not released him.
In January of this year, the Rockets traded Melo to the Bulls, who waived him in February.