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The New York Knicks to Buy out Amar’e Stoudemire


Amar’e Stoudemire’s time with the New York Knicks have come to an end after he reached an agreement on a buyout from the franchise, league sources have confirmed.Stoudemire, who was in the final season of a five-year, $99.7 million contract, intends to sign with a team in playoff contention after clearing waivers.

According to ESPN.Com
Sources with knowledge of his thinking told that Stoudemire is leaning toward signing with the Dallas Mavericks at this point. Another source told that the Los Angeles Clippers and Phoenix Suns have also expressed interest. Stoudemire will be officially waived Monday and would thus clear waivers Wednesday at 5 p.m., freeing him to sign with another team.

Claiming Stoudemire off waivers would require that team to abso‎rb Stoudemire’s $23.4 million salary, which essentially rules out that scenario.

Carmelo is not too happy with this, because Amar’e was one of the main reasons for him coming to New York and signing with the Knicks…. He tells ESPN:

“One of the main reasons I’m a New York Knick today was because of him. To see him leave, to see the situation where it’s at today, I know what he wants and you have to respect that as an athlete as a competitor,” Anthony said. “… When he came [to New York] he brought back some excitement to the game of basketball here in New York. There was hope when he came back. People started believing in the New York Knicks again. He was the main reason for that belief and for that hope.”

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