The Knicks and Stephon Marbury have reached agreement on a buyout of the guard’s contract and could announce the agreement as soon as today, according to an NBA source. After Marbury clears waivers and becomes a free agent, the Celtics are a front-runner to sign him, the source said. With a salary for this season over $20 milllion, Marbury is expected to clear waivers without a problem.

Marbury has expressed interest in joining the Celtics. An NBA source said the Celtics are strongly interested signing the two-time All-Star and will likely offer a contract to him to fill their final vacant roster spot once he becomes a free agent. Boston filled its 14th roster spot by signing forward-center Mikki Moore today.

Celtics president Danny Ainge said today that now with Moore signed, the team was focusing on signing a combo-guard or wing player.

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