Sources: Knicks, Hornacek agree to 3-year deal

11:26 PM ET

NEW YORK — The Knicks and Jeff Hornacek have agreed to a three-year, $15 million contract, sources confirmed to ESPN. There is no fourth-year option on Hornacek’s deal, sources say. The Knicks are expected to announce the agreement and hold a news conference for Hornacek by the end of the week, according to sources.

Hornacek will be the Knicks’ fifth coach in the last six seasons. He’s also the second coach hired by team president Phil Jackson since Jackson took over as president late in the 2013-14 season. It’s worth pointing out that the length of Hornacek’s contract, earlier reported by The Vertical, match the years remaining on Jackson’s contract with the Knicks.

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With no prior relationship with Phil Jackson or experience with Jackson’s triangle offense, Jeff Hornacek is a curious choice as the next Knicks coach.

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In addition to Hornacek, Jackson and the Knicks interviewed Frank Vogel and David Blatt for their opening. Jackson also strongly considered promoting interim Kurt Rambis, …

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