The stalemate with Knicks center Joakim Noah will continue and could last as long as Sept. 1.

According to multiple sources, a buyout with Noah is not expected to occur by Thursday night’s deadline for waived players to be eligible for a playoff team.

Noah has been in exile for a month, which is not expected to change for the final 20 games. Indications are both sides are fine with the status quo of keeping Noah away from the squad after his feud with Knicks coach Jeff Hornacek.

The Knicks practiced at UCLA on Thursday ahead of Friday’s game against the Clippers while Noah is still working out down the road in Malibu.

Noah is unwilling to give up enough of his $72 million contract in a buyout to make it worthwhile for the Knicks to let him free.

The Knicks feel there will be better options with Noah down the road — trading him this summer to get his money off the books entirely or, more likely, waiving him via the stretch provision when the magical date of Sept. 1 occurs.

On Sept. 1, the calculation changes for the better and would save the Knicks at least $12 million more in cap space in the summer of 2019, when brass is targeting a free-agent splash.