The Damon Stoudamire Buyout Saga is over.

The veteran point guard verbally accepted the Grizzlies’ latest proposal. He will be set free as soon as the Is are dotted and Ts are crossed on a legal document.

That could happen today but it is more likely to go down officially on Monday. I am told that the only way this doesn’t happen is if Stoudamire pulls out before he signs the paperwork.

That’s not going to happen. Both sides are happy mainly because the deal is less than what the Grizzlies wanted and more than what Stoudamire thought he’d have to pay.

The bottom line is that Stoudamire will be free to sign with the team of his choice after clearing waivers. And the Grizzlies can move on with their youth movement, having kept their word to help the 13-year veteran to a championship contender.

Stoudamire’s preference is to move to Boston. A person close to Stoudamire said he would choose Toronto (where his career began) over Phoenix as a second option.

The Griz, meanwhile, will likely look to add another point guard ASAP because rookie Mike Conley appears to be hurt badly after suffering a chest/rib injury Friday night at Washington.

Don’t expect Conley to play tonight. Don’t expect Stoudamire to play, either, although he will appear in FedExForum for the last time as a Grizzly.