The New York Knicks and Tom Thibodeau are finalizing a five-year deal to make him the franchise's next head coach, sources tell ESPN.
Knicks president Leon Rose and agent Spencer Breecker of CAA Sports were working Saturday to complete contractual terms and a signed agreement is expected in the near future, sources said.
Rose and executive VP William Wesley are completing a two-month search process with the candidate, Thibodeau, long expected to emerge with the job. Together, they'll be tasked with the daunting challenge of restoring a forlorn franchise to NBA relevance.
New York is counting on Thibodeau's history in player development as a head coach and assistant to put into place a program that'll restore a competitive infrastructure with the Knicks.