Friday, June 3, 2011

Donnie Walsh out as Knicks president


Donnie Walsh will not return as president of the New York Knicks, who must find someone else to continue the building job he started.

The Knicks say in a statement Friday that Walsh and Madison Square Garden chairman James Dolan have mutually agreed that Walsh will not return when his contract expires at the end of June.

Walsh spent three seasons in New York, leading a massive rebuilding job that got the team back into the playoffs this season following the acquisitions of Amare Stoudemire and Carmelo Anthony.

The Knicks say Walsh will be a consultant next season. Senior vice-president Glen Grunwald will serve as interim general manager.

Source: The Globe and Mail

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