Mike Brown’s deal to take over as New York Knicks head coach will be worth $40 million over four years, as first reported by SNY’s Ian Begley. Reports emerged on Wednesday that the 55-year-old would be coming on to replace Tom Thibodeau,

Brown is being hired to replace Tom Thibodeaux, who was fired after the Knicks lost to the Indiana Pacers in the Eastern Conference finals. He was chosen from a pool of candidates that featured former Memphis Grizzlies coach Taylor Jenkins, New Orleans Pelicans association head coach James Borrego and Minnesota Timberwolves assistant Micah Nori.