The long-anticipated trade of Carmelo Anthony to the Knicks was completed Monday night, multiple league sources confirmed.

The sides moved close to the agreement earlier in the day when the Knicks agreed to include 24-year-old rookie center Timofey Mozgov in their offer. He was not a key player in the trade, but his inclusion was a deal-maker for the Nuggets.

The Nuggets will receive forwards Danilo Gallinari and Wilson Chandler, point guard Raymond Felton, Mozgov, the Knicks' first-round pick in 2014, and second-round picks in the 2012 and 2013 drafts that originally belonged to the Warriors.

In return the Knicks will enter the final two months of the season with Anthony, point guards Chauncey Billups and Anthony Carter, big man Shelden Williams and forward Renaldo Balkman, a former Knick.

New York will also receive a second-round pick and Corey Brewer from the Timberwolves, with Eddy Curry's expiring contract, Anthony Randolph and $3 million heading to Minnesota.