Could Isiah Thomas be out the door with the Knicks? At the very least, he will no longer be president.

Donnie Walsh, the longtime former president of the Indiana Pacers will be introduced today as part of the Knicks organization at 1pm today. As reported by the NY Times:

Walsh will report directly to James L. Dolan, the Garden chairman, rather than Steve Mills, the Garden president. (Thomas reported to Mills, who recommended him for the job in 2003.) The person who gave the details was not authorized to speak about the deal since it had not yet been announced.

In a major concession, Dolan also granted Walsh the authority to rewrite the Garden’s highly restrictive policies on speaking with the news media. Walsh who long styled himself as an accessible, media-friendly executive, insisted on retaining that freedom before accepting the job, the person said. The Garden has generally disallowed any employee — from team executives to coaches, players and staff members — from speaking to reporters without permission or, often, without a public-relations person present.

A number of people with ties to Walsh have said they can see him retaining Thomas in some capacity, however the person with knowledge of the deal said that Thomas’s fate had yet to be decided. Dolan has been fiercely loyal to Thomas and, having granted him a contract extension only a year ago, may want him to remain.

It will be interesting to see how, or if, the Knicks are able to walk the PR tightrope, should Thomas be retained as coach.

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