NEW YORK (WFAN/AP) -- The Knicks are advancing on a three-team trade that could land Carmelo Anthony in New York.
According to the Daily News, Knicks owner James Dolan "is taking a more active role" in the pursuit of Anthony and "has had direct negotiations" with the Denver Nuggets.
"Dolan's decision to become more involved in the Anthony trade talks is a sign that the Knicks are closing in on a deal for the All-Star forward," reported the Daily News.
Meanwhile, Frank Isola reported on Tuesday that Jim Buss rejected a deal that would send Carmelo to the Los Angeles Lakers for Andrew Bynum, "to the dismay" of Kobe Bryant and Phil Jackson.
"If I'm the Lakers I make the deal because Kobe is getting up there in age. If I'm Denver I don't cause Bynum has the legs of a 40 year old," Isola tweeted.
Also involved in the Knicks' reported three-team negotiations are the Minnesota Timberwolves.
The Post reported on Monday that the Knicks have discussed adding Wilson Chandler, Anthony Randolph, rookie Andy Rautins, and the expiring contracts of Kelenna Azubuike and Eddy Curry to the trade mix.
Minnesota would send a first-round draft pick and Corey Brewer to the Nuggets, while adding Randolph and Curry from New York.
Despite being surrounded by a whirlwind of trade rumors, Anthony dropped 50 points against the Houston Rockets on Monday night.
Anthony has had an inconsistent season with trade talk hovering over him ever since he declined to sign a three-year, $65 million extension in June. Two megadeals with the New Jersey Nets have fallen apart, but many expect he'll still be moved by the Feb. 24 trade deadline so the Nuggets don't risk losing him to free agency next summer for nothing.
Asked if he could appreciate how tough it would be for a franchise to trade a guy who just dropped 50 points on a team, Anthony demurred.
"I don't really want to talk about that, man," he retorted. "I'm not talking about no Nuggets management right now."
Will the Knicks land 'Melo, or will the talks fall apart? Sound off in the comments below…
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