NY Daily News:

The deal that will make Larry Brown the highest-paid coach in professional sports history and return the Knicks to respectability again will be finalized today.
According to multiple sources, Brown has agreed in principle to become the 22nd coach in franchise history and the Knicks' fourth in 19 months. A press conference to introduce Brown will be held no later than tomorrow at Madison Square Garden.

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YEAAHHH!!! I've been dreaming for a long time at this moment and it still sounds too good to be true