The Sacramento Kings and Jimmer Fredette are close to agreement on a buyout.
The Kings attempted to trade Fredette before the trade deadline, including significant trade discussions with the Denver Nuggets.
The Kings passed on picking up their team option for 14-15, which would have allowed Fredette to be an unrestricted free agent this offseason.
The New York Knicks haven't ruled out pursuing Fredette, though their emphasis will be on defense with their two available roster spots.
A source told Marc J. Spears that the Utah Jazz have not discussed signing Fredette. The Jazz roster is currently at maximum capacity at 15.
ESPN's Marc Stein reports that the Memphis Grizzlies will pursue Fredette once he cleares waivers.