The New York Knicks have fired Derek Fisher as their head coach only midway through his second season on the job.

Currently the New York Knicks are sitting in the 12th spot in the Eastern Conference and hold a 23-31 record.

Kurt Rambis will take over for know on the interim basis after Fisher was relieved of his duties on Monday.

Here is the statement from the Knicks:

New York Knickerbockers President Phil Jackson announced today that Derek Fisher has been relieved of his coaching duties. Associate Head Coach Kurt Rambis has been named the interim head coach.

Fisher, who was originally hired on Jun. 10, 2014, finishes his Knicks coaching career with an overall record of 40-96 (.294).

Rambis becomes the 27th head coach in franchise history. Originally hired as the team's associate head coach on Jul. 7, 2014, the 18-year NBA coaching veteran starts his second-stint as a head coach, after leading the Minnesota Timberwolves for two seasons from 2009-10 through 2010-11 (56-145). The Terre Haute, IN native was a member of eight NBA Championship teams, all as a member of the Los Angeles Lakers (four as a player and four as a coach or executive). Rambis becomes the fifth former Knicks draft pick to coach the team (third round, 58th overall in the 1980 NBA Draft).

So the follow up question to a firing is simple, who's next?

Rumors are already circulating that former Bulls head coach Tom Thibodeau, Kentucky head coach John Calapari, Warriors assistant Luke Walton and even Dennis Rodman has been vocal today about wanting the job.

Whoever it is, they better figure out a way to get this Knicks team back into the playoffs before they get fired as well.

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