There's a case of buyout frenzy in the NBA. Two days after agreeing to buyout terms with center Luc Longley, the Knicks are reportedly trying to buy out the final 3 seasons of Larry Johnson's contract, according to the AP.

Johnson is due to make $28.8 million over the next three seasons, with the Knicks holding an option to pay him $6.9 million in 2004-05. A source close to Johnson told The Associated Press, on condition of anonymity, that the Knicks have offered about $14 million -- roughly half of what Johnson is owed, but not in a lump sum.