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NEW YORK -- The New York Knicks have reached an agreement in principle with free agent Amare Stoudemire.
The All-Star forward is seeking a maximum contract that would reunite him with coach Mike D'Antoni.
Stoudemire's agent, Happy Walters, said last week there was a "structure of an offer on the table." Stoudemire can earn about $100 million in a five-year contract from the Knicks.
Stoudemire arrived in New York on Saturday and the free agent met with team officials Monday afternoon.
The Knicks also spoke with LeBron James, Dwyane Wade and Chris Bosh last week.
The Knicks have been assured that the signing of Stoudemire will not be a deterrent to James signing in New York, sources told ESPN.com's Chris Sheridan and Chris Broussard.
Stoudemire has spent his entire career in Phoenix, where he played under D'Antoni before the coach came to New York in 2008.
Signs throughout the entrances to Madison Square Garden showed the player pictured in a Knicks uniform and read "Welcome, Amare Stoudemire."
The Knicks desperately needed to come away with something in free agency after spending most of the last two years clearing enough salary-cap space to sign two maximum-contract players.
The All-Star forward is seeking a maximum contract that would reunite him with coach Mike D'Antoni.
Stoudemire's agent, Happy Walters, said last week there was a "structure of an offer on the table." Stoudemire can earn about $100 million in a five-year contract from the Knicks.
Stoudemire arrived in New York on Saturday and the free agent met with team officials Monday afternoon.
The Knicks also spoke with LeBron James, Dwyane Wade and Chris Bosh last week.
The Knicks have been assured that the signing of Stoudemire will not be a deterrent to James signing in New York, sources told ESPN.com's Chris Sheridan and Chris Broussard.
Stoudemire has spent his entire career in Phoenix, where he played under D'Antoni before the coach came to New York in 2008.
Signs throughout the entrances to Madison Square Garden showed the player pictured in a Knicks uniform and read "Welcome, Amare Stoudemire."
The Knicks desperately needed to come away with something in free agency after spending most of the last two years clearing enough salary-cap space to sign two maximum-contract players.
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