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Kings buy out Gooden's contract

Updated: March 2, 2009, 4:48 AM ET
By Marc Stein | ESPN.com

The Sacramento Kings have reached a buyout agreement with Drew Gooden in time for the forward to be eligible for the playoffs with another team.

Gooden was formally waived by the Kings shortly after 11 p.m. ET on Sunday night. He had to be released by 11:59 p.m. to be playoff-eligible for his next employer. Gooden was due $7.1 million in the final season of his contract.

San Antonio and Dallas are among the teams that will be chasing Gooden hardest this week, sources said, with the ...

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