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Report: Knicks, Donnie Walsh Tying Up ‘Loose Ends’

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Knicks president Donnie Walsh (credit: AP Photo/Bebeto Matthews)

Knicks president Donnie Walsh (credit: AP Photo/Bebeto Matthews)

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NEW YORK (WFAN/AP) – It’s not a done deal just yet for Donnie Walsh, though the New York Post reported on Friday that “an agreement in principle for the Knicks president to return next season is in place.”

“They’re just tying up some of the loose ends,” said the paper’s source.

Saturday, April 30 is the deadline for the Knicks to pick up the option on Walsh’s contract for next season, otherwise it expires June 30.

In just three seasons, Walsh turned a team that overspent and underachieved into what Amar’e Stoudemire and Carmelo Anthony believe is now a desired destination among NBA players.

“Absolutely. Donnie has done a phenomenal job. He’s one of the main reasons why I’m here in New York and how we have turned the Knicks franchise around,” Stoudemire said. “And coach D’Antoni is the reason why we have a winning record and had a chance to do something special in the playoffs if it wasn’t for a few injuries. So I definitely think that both of those guys will be back for next season.”

Also according to The Post, the Knicks have told coach Mike D’Antoni that “he’s no longer in danger.”

When will the Donnie deal get done? Sound off below

(TM and Copyright 2011 CBS Radio Inc. and its relevant subsidiaries. CBS RADIO and EYE Logo TM and Copyright 2011 CBS Broadcasting Inc. Used under license. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.)

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