Also, Hahn believes there is no chance Isiah Thomas will return to the Knicks. The only people perpetuating that rumor are people who are friends with Thomas.
Updated at 12:21 pm:
The Knicks just sent out this press release from James Dolan:
“Following a long series of discussions regarding his future role with the New York Knicks, Donnie Walsh and I have mutually agreed that he will be leaving his position as president, basketball operations of the Knicks at the end of June. Donnie will remain with the team as a consultant for the 2011-12 season. ... Glen Grunwald, the Knicks' senior vice president, basketball operations, will serve as interim general manager beginning in July, overseeing all player transactions.”I’ve been on this one for a while and couldn’t confirm the story last week which stated Walsh was going to be re-signed.
A source close to the situation would only say that Walsh was “caught a bit off guard” when told of the news from Dolan.
“From what I understand, it came down to future control of the organization," radio host Craig Carton told WFAN earlier today.