Update: Cavs, Rockets Showing Patience in Chase for Carmelo Anthony

Following a report from ESPN which revealed the Knicks were showing renewed interest in trading Carmelo Anthony to Houston, Sam Amico shed some more light on the situation, including Cleveland’s pursuit of the 33-year-old.

The Knicks haven’t liked any of the deals the Rockets have offered. Nor have they been enamored with proposals from the Cavs.

The Knicks don’t particularly want to take back Rockets forward Ryan Anderson (at least, not yet). And the Cavs don’t particularly want to give up forward Kevin Love (at least, not yet). So the the Knicks continue to hold out, hope and wait to see how they can move Anthony best.

There is no hurry to get a deal done from any of the three teams, as training camp is still months away.

As for the Cavs, they have talked to the Knicks about Anthony by floating the promise of Turkish draft-and-stash swingman Cedi Osman in return (along with several veterans off the bench, who the Knicks seemingly do not want).

So as of this moment, it appears the Cavs are content to wait and see — in hopes the Knicks cannot work out a deal with the Rockets, and therefore have no option other than to buy out Anthony’s contract.

That is not as much of a long shot as some are calling it. Word is, Anthony is angling to join the Cavs first, the Rockets second. And Knicks owner James Dolan loves Anthony just enough to write that monstrous buyout check, almost as a favor. (It would also clear all sorts of salary-cap space, benefiting the Knicks, too.)

In the ever-changing rumor season, it looks like the Cavs are still alive and well in the hunt for Carmelo and a resolution may not come any time soon.