Knicks near deal with Stoudemire
By Adrian Wojnarowski and Marc J. Spears, Yahoo! Sports 46 minutes ago
Amar’e Stoudemire(notes) and the New York Knicks are making progress in talks on a five-year, $100 million max contract and a deal could be completed as soon as Friday, league sources told Y! Sports.
The framework of the deal, which would give Stoudemire a $17.2 million starting salary next season, is in place and the two sides are expected to talk again soon, sources said. Stoudemire is expected to travel to New York on Saturday.
The Knicks and Stoudemire aren’t each other’s first choices, but Stoudemire wanted a fifth year guaranteed and the Knicks needed to have something to show for years of losing and working to clear cap space.
As Yahoo! Sports first reported, Stoudemire’s departure from the Suns was all but clinched after the Phoenix Suns reached agreement with forward Hakim Warrick(notes) on a four-year, $18 million contract , league sources said.