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The New York Knicks are considering offering head coach Tom Thibodeau a contract extension during the offseason.

“He is going to be entering the final year of his contract next season,” said Shams Charania. “You’re not going to let a coach like Tom Thibodeau go into a lame duck year. That’s why, I’m told, both sides will discuss a new deal in the offseason. The Knicks very much want to lock in Tom Thibodeau long-term.

“If he were to ever become a coaching free agent, there’s not a short list of teams that would try to go get Tom Thibodeau. He’s at about $7 million per season right now on his current deal. We see where these coaches contracts are going. It wouldn’t surprise anyone if his next deal approaches eight-figures.”