Report: Knicks Buy Out Amar’e Stoudemire

by February 15, 2015

The Knicks and Amar’e Stoudemire reached a buyout agreement on Sunday, according to the NY Daily News. The Mavs, Warriors, Clippers, Spurs and Stoudemire’s former team, the Suns, are rumored to be interested in his services.

Amar’e Stoudemire’s days in New York are over but he could find a new home by the end of the week.


A league source told the Daily News that Stoudemire and the Knicks formally reached a buyout prior to Sunday’s All Star Game and that the six-time All Star, who should clear waivers by Wednesday, could be in a new uniform by the time the league resume on Thursday.


Several teams in the Western Conference are expected to pursue Stoudemire, who would be a solid addition to a playoff team as a reserve. The Dallas Mavericks have already been mentioned as a possible destination. Two others clubs in the West that could be in the running are San Antonio and Golden State.


The amount of the buyout was not immediately known on the remainder of Stoudemire’s $23.4 million salary for this season. Playoff-bound teams such as the Mavericks and the Clippers are expected to be in the market for help up front.