(CBS) After weeks of speculation, Derek Fisher is finalizing a deal to become coach of the Knicks, according to multiple reports. Yahoo Sports’ Adrian Wojnarowski reported that it’s a five-year, $25-million deal.
Derek Fisher is finalizing an agreement on a 5-year, $25 million deal to become the Knicks coach, league sources tell Yahoo.—
Adrian Wojnarowski (@WojYahooNBA) June 09, 2014
Derek Fisher has decided to accept the Knicks' head coaching position, per source.—
Howard Beck (@HowardBeck) June 09, 2014
Fisher just finished his season as a player when the Thunder were eliminated in the Western Conference Finals by the Spurs. After more deliberation and constant recruiting from Knicks president Phil Jackson — whom Fisher played for and learned under during his playing career with the Lakers — Fisher agreed to coach the Knicks on Monday afternoon.
The draw for Jackson was to have a young coach who he help mold but one who also already understood his system and vision.
Fisher became the leading candidate after Steve Kerr spurned the Knicks and accepted a job with the Warriors.