Clarkson is finalizing a buyout with the Jazz for the final year of his contract, the Deseret News confirmed Monday. A number of teams have expressed interest in the 33-year-old guard, but league sources have indicated that the New York Knicks are the likely landing spot for Clarkson following the buyout.

The New York Knicks are improving their backcourt by agreeing to terms with veteran guard Jordan Clarkson, who will be bought out by the Utah Jazz before the st

On Monday afternoon, Charania confirmed a report from the Deseret News: Clarkson is likely to sign with the New York Knicks once he clears league waivers. Theoretically, any team with the cap space to pick up Clarkson’s contract could choose to pick it up, but that is unlikely to happen given Clarkson’s $14.3 million salary for next season.