NEW YORK — Derek Fisher has agreed to become the next coach of the Knicks and will be introduced at a news conference today, the Associated Press reported.
The Knicks did not confirm the reports, other than saying Monday they were planning a "major announcement" today.
Several media outlets reported Fisher agreed to terms with the Knicks on a deal that was still being finalized. Fisher will reportedly receive a five-year, $25 million deal.
Fisher, 39, just completed his 18th season, finishing his career with the Thunder. He played under Knicks president Phil Jackson with the Lakers, and helped that franchise win five NBA titles.
Jackson was fined $25,000 by the league last week for a tampering violation involving Fisher. Fisher was still under contract with the Thunder when Jackson told reporters that Fisher was "on my list of guys that could be very good candidates" to replace fired coach Mike Woodson.
Sterling drops sale, will pursue lawsuit
LOS ANGELES — Clippers owner Donald Sterling has pulled his support from a deal to sell the team to former Microsoft CEO Steve Ballmer and will pursue his $1 billion federal lawsuit against the league, his attorney said.
"We have been instructed to prosecute the lawsuit," said attorney Maxwell Blecher. He said Sterling would not be signing off on the deal to sell.
Sterling issued a one-page statement dated Monday titled "The Team is not for Sale" and said that "from the onset, I did not want to sell the Los Angeles Clippers."
The $2 billion sale was negotiated by his wife Shelly Sterling after Donald Sterling's racist remarks to a girlfriend were publicized and the league moved to oust him as owner.
The lawsuit alleges the league violated his constitutional rights by relying on information from an "illegal" recording that publicized racist remarks he made to a girlfriend. It also said the league committed a breach of contract by fining Sterling $2.5 million and that it violated antitrust laws by trying to force a sale.
Sterling had agreed to sign the deal and drop the suit last week assuming "all their differences had been resolved," his attorneys said. But sources said he decided to not sign the papers after learning the league won't revoke its lifetime ban and fine.
Shelly Sterling declined to comment.
Report: Cavs offered Calipari $60 million
Before finalizing a contract extension with Kentucky late last week, John Calipari had discussions with the Cavaliers on a seven-year, $60 million-plus contract to become president and coach, yahoo.com reported.
Cavs owner Dan Gilbert and Calipari had discussed $8 million a year, and it wasn't until midweek that Calipari fully committed to his seven-year, $52 million extension at Kentucky. He has coached Kentucky since 2009.
The Cavaliers are reportedly scheduling more interviews to find a coach to replace Mike Brown who was fired in May.
Lakers assistant Alvin Gentry will have a second interview for the position, the Associated Press reported. Gentry's second meeting has not yet been scheduled. Former Cavs guard Mark Price will meet with the team about its coaching job today..
Heat's Wade draws $5,000 flopping fine
MIAMI — Heat guard Dwyane Wade became the latest recipient of a postseason flopping fine when the league ordered him to give up $5,000 after a review showed he exaggerated a foul during Game 2 of the NBA Finals that was charged to Manu Ginobili of the Spurs.
"He took a swipe and he hit me," Wade said before the fine was announced. "It was a late call by the ref, but he called it."
Wade drew the foul against Ginobili with 4:09 left in the second quarter on Sunday. Ginobili, who took a swipe at the ball about 35 feet from the basket, wound up going to the bench with his third foul of the half. Wade made the two resulting free throws, since Miami was already in the bonus.
"I saw Manu coming out of the corner of my eye to try to steal it so my only thing was to make sure that he didn't steal it," Wade said. "He swiped and he wound up hitting me and the ref called a foul. We move on."
The series is tied 1-1, with Game 3 in Miami tonight.