Point guard Kemba Walker has agreed to a contract buyout with the Thunder, according to Adrian Wojnarowski of ESPN.
Once Walker clears waivers, he will sign with the Knicks, Wojnarowski added.
Walker, 31, averaged 19.3 points and 4.9 assists in 43 regular-season games with the Celtics last season, and then was traded to the Thunder in a deal for centers Al Horford and Moses Brown and a draft pick.
He was due to make more than $36 million next season, with a player option for more than $37 million in 2022-23.
Meanwhile, the Thunder still benefit from the Walker buyout.
“OKC traded for Walker and the 16th pick in the July Draft, and already flipped that for two future firsts in a draft night deal,” Wojnarowski wrote. “Remaining value of trade for OKC allows them to distribute minutes to their young players as they transition into rebuild this season.”
The Knicks were seekig a veteran point guard in free agency, but their reported top targets ended up elsewhere — with Lonzo Ball headed to the Bulls and Kyle Lowry to the Heat.
If Walker can stay healthy, he will offer the rising Knicks some veteran leadership and know-how in key moments.