Sources: 'Melo, Nuggets closer to deal

Updated: June 23, 2010, 2:01 PM ET
By Marc Stein | ESPN.com

It's looking increasingly likely that the expected star of the NBA's 2011 free-agent class won't even make it to next summer's open market.

The Denver Nuggets and Carmelo Anthony are making significant progress on a contract extension that would result in Anthony landing a new contract this offseason along with fellow 2003 draftees LeBron James, Dwyane Wade and Chris Bosh, according to sources with knowledge of the discussions.

Although holding off to exercise an opt-out clause ...

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