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Reports: Greek team interested in Marbury

Posted by Chad Finn, Globe Staff  January 22, 2009 11:11 AM

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The Celtics have been rumored to have interest in Stephon Marbury should the Knicks buy out the remainder of the exiled point guard's contract.

But according to reports in the New York Post and on ESPN.com, there may be another team in serious and immediate pursuit of Marbury -- and it's one not even in the NBA.

According to both reports, representatives of the Greek League team Olympiacos contacted Knicks management yesterday with the intention of finding out what it would take to get Marbury released from his contract.

The Post suggested the Knicks management was intrigued by the possibility, writing: "Olympiacos owners have said they are interested in offering about $15 million -- a development that has . . . Knicks officials excited."

According to the ESPN.com report, "Marbury is aware of Olympiacos' interest but has had no contact with the club, according to a source close to the Knicks, who said he expected additional dialogue on the subject over the next few days."

But Marbury told the Post via e-mail, "I will listen to what they have to say."

Olympiacos recently lost former Hawk Josh Childress for 6-8 weeks after he required surgery repair a sports hernia, and the club is seeking to acquire a replacement in time for the start of the Euro League season, which begins Jan. 29.

Marbury has been persona non grata with the Knicks since early in the season -- he played in three preseason games but no regular-season contests -- and the team and the player have failed to come close to terms on a buyout. Marbury is making approximately $21 million in the final season of his contract.

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