The Knicks and Amar'e Stoudemire reached agreement on an undisclosed buyout on the remainder of the veteran big man’s $23.4 million salary for this season to give him a chance to catch on with a playoff contender.
“Amar’e’s period as a Knickerbocker has come to pass, at his request. His time here should be marked by recognizing his effort – it was 100-percent,” New York Knicks President Phil Jackson said in a statement. “As we move forward in structuring this team, we will look for players that exhibit his desire to win.”
Stoudemire, 6-10, 245-pounds, finished his Knicks career averaging 17.3 points and 6.7 rebounds in 255 games over five seasons, while making three consecutive NBA Playoff appearances from 2011-13.