Current Rockets and former Knicks forward Carmelo Anthony will be traded to the Chicago Bulls and then released, according to ESPN's Adrian Wojnarowski.
Anthony, who hasn't played since Nov. 8, will not play for the Bulls. The Bulls plan to release him should they not trade him by the league's Feb. 7 trade deadline, according to Wojnarowski. If he is released and clears waivers, he would become a free agent.
Houston signed Anthony to a one-year, $2.4 million league minimum deal after he was waived following a three-team deal involving the Oklahoma City Thunder and Atlanta Hawks.