New York Knickerbockers President Phil Jackson announced today that the team will re-sign seven-time NBA All-Star forward Carmelo Anthony. Per team policy, terms of the deal will not be disclosed.

“After three months of questions around Carmelo Anthony’s return to the New York Knicks, we are now happy to know that we have the cornerstone of what we envision as a ‘team of excellence.'” Jackson said. “Steve Mills and I have assured Carmelo through our conversations, that we share the vision and the determination to build this team.”

“I am a New York Knick at heart,” Anthony said. “I am looking forward to continue my career in Orange & Blue and to work with Phil Jackson, a champion who builds championship teams. Madison Square Garden is the Mecca of basketball and I am surrounded by the greatest fans in the world.”