Player Option for Melo

[FutureKnicksGM]

Hey dudes, could some one explain the rules for Player options to me.

Let's say Melo opts out this offseason and re-signs with NY for 5 years $100 million.

Could he have a player option for the third season? Is that allowed?

Thanks

[Dunkenstein]

You can read all about Player Options and Early Termination Options here:

http://www.cbafaq.com/salarycap.htm#Q58

In short, if Anthony signs a five-year contract he can have either an ETO or a PO only after his fourth year, but neither would be available to him for his third year.