Amar’e Stoudemire currently has a 5 year 100 million dollar contract with the New York Knicks, which is set to expire this NBA off-season, but according to Yahoo Sports’ Marc J. Spears, Stoudemire could ask the Knicks for a potential buyout. Amar’e Stoudemire was one of the few reasons Carmelo Anthony first came to the New York Knicks as well.
— Marc J. Spears (@MarcJSpearsESPN) February 6, 2015
Stoudemire is currently averaging 12.2 points, 7 rebounds, and 1 block per game in 32 games. He also started 14 of those 32 games for the Knicks.
The way a buyout works is, the Knicks will pay Amar’e Stoudemire the rest of the money on his remaining contract, which is 23.4 million dollars. Stoudemire would then be off the Knicks and free to sign with any other team in the NBA.
The move could make sense for the Knicks, since they are trying to get as much salary as they can get off their payroll for 2015 free agency.
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