Four-time All-Star guard Kemba Walker has agreed to a contract buyout with the Oklahoma City Thunder and upon clearing waivers plans to sign with the New York Knicks, sources told ESPN's Adrian Wojnarowski.

Thunder general manager Sam Presti and Walker's agents at Excel Sports, Jeff Schwartz and Javon Phillips, worked through buyout on the two years, $74 million left on Walker's contract in recent days.

Walker now will get a dream homecoming to Madison Square Garden to further solidify New York's backcourt.