Amar'e Stoudemire is an ex-Knick now.
Stoudemire was bought out and waived by the Knicks on Monday, as expected.
"Amar'e's period as a Knickerbocker has come to pass, at his request. His time here should be marked by recognizing his effort - it was 100-percent," team president Phil Jackson said. "As we move forward in structuring this team, we will look for players that exhibit his desire to win."
Stoudemire asked for a buyout so he could join a team contending for the playoffs. He's expected to be pursued by the Mavericks and Clippers, among other teams once he clears waivers. The Knicks are an NBA-worst 10-43 and rebuilding.
He ended what his Knicks' career averaging 17.3 points and 6.7 rebounds in 255 games.
"I feel truly blessed to have been able to play for the incredible New York fans, Mr. Dolan, my coaches, teammates and the entire Knicks organization for the past five years," Stoudemire said. "I will be forever grateful for the opportunity to contribute positively on the court and in the community.
"Although I leave the Knicks with a heavy heart, I wish the organization the best of luck. Once a Knick always a Knick."
Stoudemire's time with the Knicks began with such promise after he signed a five-year, $100-million contract. He was an MVP candidate the first half of the 2010-11 season, and was a part of three playoff teams with the Knicks.
But he and the Knicks never reached their full potential or expectations in part because of Stoudemire's health. He missed 110 games over the past 4 1/2 seasons.
"Everyone here at the Knicks organization appreciates the contribution Amar'e has made to the team and the entire City of New York over the past five seasons," Knicks general manager Steve Mills said. "We have developed a relationship that has translated into a long-term friendship, and it will continue through the remainder of his NBA career, and beyond."
The Dolan family owns controlling interest in the Knicks, Madison Square Garden and Cablevision. Cablevision owns Newsday.