Carmelo Anthony's agent confirmed Monday that the All-Star forward has opted out of his contract and will become an unrestricted free agent on July 1.
"Carmelo loves being a Knick, he loves the City and the fans," agent Leon Rose said in a statement. "At this stage of his career, he just wants to explore his options."
The Bulls are one of a select number of teams whom Anthony is expected to give serious consideration.
In an interview released on the VICE Sports website Monday, Anthony addressed some of the factors that will go into his impending free-agent decision.
"The average person just sees opportunity to say that, 'Melo should go here, Melo should go there,'" Anthony told the website. "But they don't take into consideration the family aspect of it, your livelihood, where you're going to be living. Do you want your kids to grow up in that place? Do I want to spend the rest of my career in that situation, in that city?
"All that stuff comes into play. My son goes to school and loves it here (in New York). To take him out and take him somewhere else, he would have to learn that system all over again. He'd have to get new friends. I know how hard it was for me when I moved from New York to Baltimore at a young age, having to work your way to try to make friends and try to fit in."
In the interview, Anthony, 30, also addressed how this likely is his last big-money contract.
"The average person is looking at it as next year, like it's just one year," he said."'Next year you can win a championship if you go here.' We're looking at the big picture here. You're looking at the next six to eight years of the end of your career. Do you want to spend that much time in that place?"