Woodson, entering his second full season at the helm of the Knickerbockers after being named interim head coach on Mar. 14, 2012, led the franchise to a 54-28 (.659) mark last season and the franchise’s first Atlantic Division crown since 1993-94. He finished third in media balloting for the 2012-13 NBA Coach of the Year award and was named the NBA’s Eastern Conference Coach of the Month for April. His .679 (72-34) winning percentage is second-best in franchise history.

“I have long respected Mike and think he has done a remarkable job since becoming the head coach of the Knicks,” Mills said. “After spending time with him recently, it is clear that picking up his option is an easy decision.”

Woodson guided the Knicks to an 18-6 mark as interim head coach after beginning the 2011-12 season as an assistant coach under Mike D’Antoni. He served six seasons as head coach of the Atlanta Hawks (2004-05 through 2009-10), amassing a 206-286 (.419) record and improving the Hawks win total in each season.

1. Coach another year

or

2. Buys a year of silence from woodson.

Dolan can buy silence and loyalty. I would not doubt if there is a long term clause that prevents ex-coaches to write a tell all or recount the madness. MSG is a mad house yet everyone is so polite and nice when they leave.

Good Move. Woody now have some breathing room and security $$$ for his family.

Papabear wrote:Papabear Says

Good Move. Woody now have some breathing room and security $$$ for his family.

Shoot... Woody is filthy rich already.

Glad he won't be a lame duck though.

If they really really really were planning to keep him, they would have given him a new contract that went out past next season.