Sources: Melo finalizes Hawks contract buyout

Carmelo Anthony has finalized a contract buyout with the Atlanta Hawks and plans to wait until clearing waivers on Wednesday to officially tell the Houston Rockets of his plans to sign a free agent deal, league sources told ESPN.

Atlanta planned to waive Anthony on Monday morning, league sources said.

Anthony will get his full $27.9 million salary for the 2018-19 season, accepting a $2.4 million buyout with the Hawks that will essentially return to him once he signs $2.4 million veteran’s minimum deal with his new team, league sources said.

Anthony waived his no-trade clause to allow Oklahoma City to move him to Atlanta in a three-way deal with Philadelphia . Anthony has been working out with Rockets stars Chris Paul and James Harden, and met with GM Daryl Morey and coach Mike D’Antoni in Las Vegas during summer league, league sources said. The Thunder granted permission to do, once the sides decided that a parting was imminent. Anthony had also met with the Miami Heat, and considered signing there.

Anthony, 34, is a 10-time All-Star forward. Anthony averaged 16.2 points for the Thunder a year ago — below his 24.1 points per game average in the NBA.