Could Melo be Jersey-bound?

Newark, N.J. -- Will Carmelo Anthony be a New Jersey Net? Won't he? And when is all the MeloDrama going to end?

Soon. We think. It has to -- at least for a while -- by Feb. 24.

As it is, and multiple outlets, including our very own have reported, the Nets and Nuggets have agreed to terms on a multi-player trade, but would need Melo's OK to sign off on it (like we haven't heard this before). Signing off would mean that Melo has agreed to a 3-year, $65 million extension on top of his $18 million player option for next season.

That much we know. We also know that Nets owner Mikhail Prohkorov is expected to meet with Anthony in Los Angeles in an attempt to convince him to sign that extension -- although the Associated Press has reported that Anthony "has no meeting at all scheduled" with the Nets.

Now that we've hammered that out, let's take a look at the potential trade from the Nets' standpoint:

Nets trade: Devin Harris, Derrick Favors, Troy Murphy, Ben Uzoh and four first-round picks

Nets receive: Anthony, Chauncey Billups, Sheldon Williams, Melvin Ely and Renaldo Balkman

In this deal, the Nets sell their future for the present. This a win-now trade. It doesn't guarantee the championship that owner Mikhail Prohkorov has predicted over the course of the next five years, but it brings the Nets much closer to that goal than they are now. As it is, the Nets would be pinning their hopes on being able to sell other marquee free agents on the idea of playing alongside Anthony, 22-year-old center Brook Lopez and whatever other pieces they have by the time they move to Brooklyn in 2012-13.

Think Deron Williams and Chris Paul.

Many will question whether or not they're giving up too much to make this deal happen. But their aggressiveness in trying to get this deal done cannot be scrutinized.

Now, to avoid scrutiny and humiliation, they just need to make sure to close the deal.