In a news conference before Wednesday night's game against Utah, Prokhorov said he decided on Tuesday to stop pursuit of the Nuggets all-star forward, unhappy with how things played out in public.
The new owner says the deal took too long and became too expensive.
Prokhorov also says he has called off a scheduled meeting with Anthony.
Previously, New Jersey had offered to ship six players and at least two first-round draft picks to Denver in a deal that would have sent Anthony to the Nets along with former Pistons teammates Chauncey Billups and Richard Hamilton.
Charley Rosen: New York Should Nix Carmelo Pursuit
Source: http://nba.fanhouse.com/2011/01/19/nets-owner-tells-team-to-drop-carmelo-anthony-deal/
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