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Source: Grizz, Stoudamire near buyout; Suns, Celtics favorites to sign him

Updated: January 20, 2008, 12:28 AM ET
By Chris Sheridan | ESPN.com

Damon Stoudamire is close to reaching a buyout agreement with the Memphis Grizzlies that would allow the 34-year-old point guard to sign as a free agent with either the Boston Celtics or the Phoenix Suns, a source told ESPN.com on Saturday.

There remained a possibility, however, that the Grizzlies would decide against a buyout if one of several teams seeking Stoudamire upped its offer in trade talks.

Either way, a resolution was expected within the next several days.

Coach ...

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