The Knicks reportedly have a new coach.
Multiple published reports say the team is in the process of finalizing a five-year deal with Derek Fisher worth $25 million.
The team has called a news conference for 11:30 a.m. Tuesday to make a "major announcement."
Fisher played this past season with Oklahoma City.
The 39-year-old previously played for Knicks President Phil Jackson with the Lakers, where they won five NBA titles together.
He would replace Mike Woodson, who was fired after the team failed to make the playoffs this past season.