Here’s New York Newsday reporting on Knicks forward Carmelo Anthony:

Carmelo Anthony says business opportunities helped him re-sign with Knicks

Carmelo Anthony said Thursday there were business reasons in addition to basketball ones that led him to re-sign with the Knicks this offseason.

“I just couldn’t leave from that perspective,” he said at the Bloomberg Sports Business Summit in Manhattan. “There were so many opportunities that I started to build upon here in New York City, business opportunities, different situations.

“I just felt if I was to leave, I would have to start all over in the next place, meet new people, build that foundation up once again, and it took me a lot to build that foundation and get it up and going to where it’s at right now.”

Anthony spoke at length at the summit about his new company, Melo 7 Tech Partners, which focuses on investing in tech companies, most recently the secondary ticket search engine SeatGeek. (Peyton and Eli Manning also invested in the company.)