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Sources: Stoudemire, Knicks to meet

Updated: July 1, 2010, 2:36 AM ET
ESPN.com news services

PHOENIX -- Amare Stoudemire has opted out of the final year of his contract with the Phoenix Suns to become part of an illustrious list of free agents this season.

Agent Happy Walters said the five-time All-Star made the move Wednesday after talks with Suns owner Robert Sarver failed to result in an agreement on a contract extension. The last year of Stoudemire's contract was worth about $17.7 million.

"I opted out of my contract with PHX," Stoudemire said on his Twitter account. ...

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