“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,” Jackson said. “As we move forward in structuring this team, we will look for players that exhibit his desire to win.”

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Stoudemire was in the final season of a five-year, $99.7 million contract. Reports have stated he plans to sign with a playoff contender after he clears waivers. A team could claim Stoudemire off waivers, but it is highly unlikely given it would require absorbing his $23.4 million salary.

Stoudemire averaged 17.3 points and 6.7 rebounds in 255 games with the Knicks. He was limited in recent years due to an assortment of injuries.

“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 shared a poem about New York in a farewell Instagram post.

A photo posted by (əˈ•mär•ray) Amar’e Stoudemire (@amareisreal) on Feb 16, 2015 at 10:18am PST