NEWARK, N.J. -- Cross another superstar off the New Jersey Nets' wish list, and let the pursuit of Carmelo Anthony begin anew.
The megadeal to bring Anthony to New Jersey ended in stunning fashion on Wednesday night when Nets owner Mikhail Prokhorov told the team to end the long, drawn-out trade talks with the Denver Nuggets.
"There comes a time when the price is simply too expensive," Prokhorov said in a news conference before the Nets' 103-95 win over the Utah Jazz. "I am instructing our team to walk away from the deal."
In the past two weeks, the talks had taken on a soap-opera feeling and the Russian billionaire felt it had hurt his team.
"Really, I am not happy with the way the deal has gone until now," said Prokhorov, who fielded questions in English and Russian. "It has taken too long. It has been played out in public. The uncertainty has taken a toll on the players.
The Nets have lost six straight, including all four on a just-completed West Coast road trip that ended in Oakland on Monday.
Prokhorov also canceled a planned meeting with Anthony today.
There were reports Wednesday that Anthony's representatives had let the Nuggets know that the 26-year-old forward was interested in playing for the Chicago Bulls. Houston and the Knicks also have been mentioned in trade talks.