Peace Steph – have fun in Beantown

February 25, 2009 by Swift Rock Ski  
Filed under News

The New York Knicks and Stephon Marbury agreed to go their separate ways almost three months after the point guard was told to stay away from the National Basketball Association team.
Financial terms of the buyout that ended Marbury’s five- year tenure weren’t disclosed in a joint statement released by the team. Marbury, who hadn’t played this season, was scheduled to be paid $21.9 million.
“A comprehensive agreement was made this afternoon between the New York Knicks and Stephon Marbury,” the statement said. “The Knicks have requested waivers on Stephon.”

From Bloomberg

Marbury maybe going Greek

January 22, 2009 by Swift Rock Ski  
Filed under News

There are reports that the same Greek Team that stole Josh Childress from the Hawks, Olympiacos, may want Stephon Starbury.

From The Daily News
Olympiakos may be willing to pay a portion of Marbury’s salary. The Knicks will likely wait until after next month’s trading deadline, on Feb. 19, before making a decision on Marbury’s future. If Marbury is released after March 1 he would not be eligible for the playoffs.
Garden chairman James Dolan may be willing to release Marbury if the exiled point guard gives back $2 million of his $20.8 salary, WFAN radio reported Wednesday.