03-12-2007, 01:22 PM
Quote:NEW YORK -- Isiah Thomas has shown enough "evident progress" to earn a multiyear contract extension, several New York-area newspapers reported Monday
The New York Times, citing a person "briefed on the matter," says Thomas will sign the new deal to remain both team president and head coach on Monday. The Knicks are 29-34, but are in the hunt for their first playoff berth since 2004.
The Knicks won 23 games last year under Larry Brown, who was later fired.
A spokesman for Madison Square Garden said that Knicks owner James Dolan will meet with reporters on Monday morning. He is expected to announce Thomas' extension during that meeting.
No terms of Thomas' reported extention were cited. He is the Knicks' fifth head coach since Jeff van Gundy resigned in Dec. 2001.