NEW YORK (PIX11) – Derek Fisher has reached a deal with the New York Knicks brass to become the next head coach of the team, according to multiple reports.
The deal would reunite 39-year-old Fisher with Phil Jackson, his coach with the Los Angeles Lakers when the two won five NBA titles.
The deal is reportedly for five years and will pay $25 million, according to Yahoo! Sports.
Fisher, who played in the NBA for the Oklahoma City Thunder last year, spent the week mulling over the deal.
Knicks President Phil Jackson was recently fined by the league for tampering after naming the veteran point guard as a potential candidate.
This is a developing story; check back for updates.