Sat 26 Jan 2008
Stoudemire, Grizzlies Agree On Buyout
Posted by Stephen Rhodes under Main
In what has been expected for some time, the Memphis Grizzlies and point guard Damon Stoudemire have reached a verbal agreement on a contract buyout Saturday, according to the Memphis Commercial Appeal. The buyout in question is expected to be announced on Monday; Stoudemire will then will have to clear a 48-hour waiver period before signing.
Because of this buyout, you can rest assured there will be lots of interest in Stoudemire; expect Boston, Phoenix and perhaps Toronto to be bidding for his services. Currently, he is making $4.35 million and is due $4.65 million in 2008-09; while he is no longer the point guard that he used to be when he was with the Portland Trail Blazers, he is a serviceable point guard who is more cap-friendly to a team as opposed to say…..Sam Cassell. Stoudemire this season is averaging 7.5 PPG and 4.3 APG, with a career average of 13.8 PPG and 6.3 APG.
Stumble it!
