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According to Adrian Wojnarowski of Yahoo! Sports, Jeff Hornacek has agreed to terms with the New York Knicks on a three year deal to become the team's next coach. The Knicks will hold an introductory news conference later this week. Read all about it at Yahoo! Sports.
UPDATE: June 2, 2016, 1:36 AM
Ian Begley of ESPN is reporting that Hornacek's three year deal with the Knicks is worth $15 million, and the according to New York Post's Frank Isola, the team will officially announce the hiring of Hornacek on Thursday, and hold his introductory press conference on Friday.