World Peace wrote on his Twitter account earlier Saturday that his agent was working on a buyout and thanked fans and the city. The Knicks were also trying to finalize one with Udrih, the person told The Associated Press on condition of anonymity because the moves weren't official.
Neither veteran has earned a place in coach Mike Woodson's rotation in his first season in New York. Udrih has appeared in just 31 games, while World Peace, who had a procedure on his knee in January, has played in just 29.
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