Dec 02 2008
Knicks and Marbury talks hit a brick wall
The New York Knicks’ Stephon Marbury who was suspended after refusing to go into a game, walked out of a meeting with Knicks President Donnie Walsh and NBPA lawyer Hal Biagas after only 15 minutes yesterday. The meeting was called to discuss the anticipated buyout of Marbury’s contract.
Fifteen minutes sounds like a really short time to spend trying to agree on a buyout plan for a $20.84 million a year contract.
When you are talking about a player under a contract of that magnitude not suiting up in an entire season, there is a lot to consider when trying to come to terms on how much of that $20.84 million dollars should be handed over.
Biagas remained with Walsh for an additional 20 minutes attempting to resolve the issue but the parties seem to have hit a brick wall.
Don’t expect Marbury to ever play another game for the Knicks. The Knicks (8-8) have dumped a few of their high-salaried players and with this attempt to buyout Marbury’s contract, it’s obvious they are positioning themselves to bid on Lebron James if and when he becomes a free agent.
