Melo says he wants max money, so that only truly leaves the Knicks and Lakers with their max offers of $129mil/5yrs (NY) and $95mil/4yrs (LAL). Chicago can offer only around $64-72mil. I have no heard yet how much Houston is offering.
I think Melo would fit well in LA, despite his lack of defense since defense can always be taught. In the two other teams he's been in, he's been the man, the alpha-dog. He hasn't had anyone on the team like a Kobe Bryant that would hold him accountable for everything he would, and would not, do.
LeBron James is most likely staying in Miami, and so will Wade. Bosh is the toss-up here, and I see him going to Houston.
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