The New York Knicks have decided to part ways with their head coach Derek Fisher, according to sources.
ESPN said their own Ramona Shelburne was told the Knicks decided to fire Fisher because of his terrible start in his second season at the franchise. They currently have a 23-31 record and sit in 12th position in the Eastern Conference.
The news comes after the team lost to the Denver Nuggets 101-96 on Sunday. The Knicks have only won once in their last ten games, including losing the last five, and after Fisher went 17-65 in his first season, it was clear things weren't improving.
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Fisher had signed a five-year, $25 million deal with the Knicks in June 2014 after retiring from the NBA that summer, so it appears he wasn't able to make the transition from player to coach for the team to see out his deal.
With a 40-96 record in less than two seasons, you can see why they have made the decision to pull the plug on his time with the team.
They were falling out of the playoff race and it seems the powers that be in New York thought a change had to me made to give themselves a chance. The Knicks haven't won the NBA Championship since the 1972-73 season.
With immediate effect, assistant Kurt Rambis will serve as interim coach until the Knicks find Fisher's replacement. Team president Phil Jackson is expected to explain this move later today.
According to ESPN, former Nuggets coach Brian Shaw and current assistant coach Luke Walton of the Golden State Warriors are prime candidates that the Knicks could pursue to take over the role.