WCVB in Boston is reporting Stephon has been bought out…
SportsCenter 5’s Mike Dowling has learned that the Knicks and disgruntled guard Stephon Marbury have reached an agreement to buy out Marbury’s contract, making him a free agent after he clears waivers.
League sources tell SportsCenter 5 that once he clears waivers (48 hour period), Marbury will sign a contract with the Boston Celtics, bolstering the team’s bench as it deals with several injuries.
Hoo boy… this is gonna get interesting
— UPDATE: ESPN has the story too