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Source: Marbury to earn $1.2M

Updated: February 27, 2009, 8:41 PM ET
By Chris Sheridan | ESPN.com

BOSTON -- Stephon Marbury will earn $1.2 million from the Boston Celtics over the remainder of the NBA season, ESPN.com learned Friday.

A source with knowledge of league finances told ESPN.com that Boston used $1.2 million of the $2.4 million it had remaining from the midlevel salary exception. Marbury's salary will not be prorated, meaning he will earn $52,174 for each of Boston's remaining 23 regular season games.

Previous reports in various media outlets stated that Marbury would ...

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