On This Date: Knicks surprisingly give Isiah Thomas a contract extension

March 12th 2007: James Dolan gives Isiah Thomas a contract extension

After leading the Knicks to a 29-34 record and barely staying afloat at the #8 seed in the Eastern Conference, James Dolan surprisingly decided to give Isiah Thomas a multi-year contract extension. After the disastrous 2005-06 season that led to Larry Brown’s firing, Dolan gave Isiah Thomas an 1 year ultimatum to show “evident progress” otherwise he’d be fired. Somehow a 29-34 record was adequate enough.

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On This Date: Knicks fire Scott Layden and hire Isiah Thomas

December 22, 2003: Knicks fire Scott Layden and hire Isiah Thomas

The Scott Layden era finally came to an end on this date in Knicks history. In Layden’s 4.5 years with the organization, the Knicks went 175-181, but had a decreasing record each season and missed the playoffs in the previous two seasons to his firing. 

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