The Houston Rockets have announced they have parted ways with Carmelo Anthony.

While Anthony won't be waived at this time, the Rockets will continue working on a resolution.

Anthony was signed by the Rockets to the veteran's minimum this offseason.

“After much internal discussion, the Rockets will be parting ways with Carmelo Anthony and we are working toward a resolution,” said Daryl Morey.
 
“Carmelo had a tremendous approach during his time with the Rockets and accepted every role head coach Mike D’Antoni gave him. The fit we envisioned when Carmelo chose to sign with the Rockets has not materialized, therefore we thought it was best to move on as any other outcome would have been unfair to him.”