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Sources: Stoudamire, Grizzlies agree on buyout terms

Updated: January 27, 2008, 12:22 AM ET
By Marc Stein | ESPN.com

Damon Stoudamire and the Memphis Grizzlies have reached a tentative agreement on a contract buyout to become official on Monday, the team announced Saturday.

After the Grizzlies formally release him, Stoudamire would then have to clear a 48-hour waiver period before choosing his new team. But the 34-year-old is expected to go unclaimed.

Elite teams such as the Boston Celtics and Phoenix Suns have already registered strong interest in Stoudamire, with the Celtics ranking as the ...

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