Knicks President Phil Jackson declared today that Derek Fisher has been fired as head coach of the New York Knickerbockers.

Knicks President Phil Jackson

The announcement comes on the heels of the Knicks’ 101-96 home loss to the Nuggets on Sunday, their fifth in a row and ninth in 10 games. The loss dropped New York in 23-31 and five games behind the Pistons for the eighth and final spot in the Eastern Conference playoffs.

“Management was disappointed with the team’s performance, decided change was needed,” reported ESPN.com’s Ian Begley. ESPN.com’s Brian Windhorst reported, “league sources believe Brian Shaw and Luke Walton are top long-term replacement candidates.”

Derek Fisher photo by slamonline.com

Jackson said, together with general manager Steve Mills made the final decision on firing Fisher. As is common when a major personal decision is made, Jackson consulted Dolan, who signed off on Jackson’s decision. Fisher was guaranteed $17 million on his four-year deal. He is owed the balance of this year plus $8.5 million over the next two years, a source told Windhorst.

Jackson later explained to the reporters about the decision saying that Fisher being able to not have to deal with the stress of being an NBA head coach. “It’s a relief to him,” and for a while Associate Head Coach Kurt Rambis is the Knicks interim head coach.

Coach Kurt Rambis photo by blacksportonline.com

Rambis originally hired as the team’s associate head coach on Jul. 7, 2014, now  becomes the 27th head coach in franchise history. The 18-year NBA coaching veteran starts his second term coaching career in the wake of driving the Minnesota Timberwolves for two seasons from 2009-10 through 2010-11 (56-145).

Read the full story here:Derek Fisher fired by Knicks in his second season

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