March 31, 2015
Stephon Marbury has been waived by the New York Knicks, ending a turbulent five-year stint in which the former All-Star couldn't lead his hometown team to a single playoff victory.
The team released a statement Tuesday saying an agreement
between the Knicks and Marbury had been reached, but did not
disclose financial terms.
Marbury is one of the highest-paid players in the NBA, set to
make close to $21 million this season, but has not played a game
for new coach Mike D'Antoni.
He's eligible to play in the postseason for any team that signs
him because he was waived by March 1.
Copyright 2015 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.