Carmelo Anthony about to sign one-year, 2.4 million contract with Houston Rockets

Carmelo Anthony wants a Championship ring, and his time is running out. The 10-time All-Star was bought out recently by the Atlanta Hawks and is prepared to sign a short-term, low-money contract with the Houston Rockets in an attempt to earn one.

The 34-year-old Melo will be playing in his 16th NBA season, and despite being part of three teams (Nuggets, Knicks, Thunder), he has never won a Championship.

Projections are mixed as to whether he will help Houston's trophy race or hinder it. One analysis can be found in the tweet below, and it isn't flattering to Anthony or his role with the Rockets.

If Carmelo Anthony signs with the Rockets, @SportsLine projections DECREASE Houston’s championship chances from 4.8% to 3.9%. pic.twitter.com/srTl18ZJ8M

— CBS Sports (@CBSSports) July 23, 2018

#Rockets believe Mike D’Antoni will extract every ounce of #Carmelo’s remaining offensive arsenal - trail 3s, catch-and-shoot, small ball 4 pop man for CP/Harden - maybe more imp, HOU also believes Melo has evolved from his Knicks’ days and in turn, will embrace his newfound role https://t.co/w7i1u6kW8p

— Jordan Schultz (@Schultz_Report) July 23, 2018

The Rockets went to the Western Conference Finals last season and were upended by the Warriors. Melo will be back with Coach Mike D'Dantoni with whom he clashed when both were with the Knicks.

My guess is that Carmelo will see how things go in Houston and decide his next step at the end of this upcoming season. Feel free to visit the Twitter poll below to give your thoughts on Melo-to-Houston.

Will Carmelo Anthony help or hinder Houston's shot at an NBA Title

— Tom Lane (@TomLaneHC) July 24, 2018

Follow Tom at @TomLaneHC

Photo via David Zalubowski/Associated Press