Los Angeles Clippers point guard Sam Cassell is expected to sign buyout papers with the franchise soon and will sign with the Boston Celtics once he clears waivers, according to an NBA source.
Cassell and the Clippers have agreed to buyout terms. He is expected to receive some of the money remaining on his $6.1 million salary this season.
Once the 38-year-old's buyout is official, he has to clear waivers (which takes 48 hours) before he can become eligible to sign with another team. The 6-foot-3, 185-pounder is expected to clear waivers by Saturday and would be eligible to play the rest of the season and postseason for the Celtics.
UPDATE: The Globe has reported that Sam Cassell has been officially waived and will be free to join another team as soon as he clears waivers in 48 hours.
UPDATE #2: At halftime of the Spurs/Mavs game on TNT, Ernie Johnson announced the buyout and also said that Cassell will sign with Boston on Monday.