
NEW YORK, April 2 (UPI) -- Donnie Walsh, who has been with the Indiana Pacers 23 years, was named president of the struggling New York Knicks Wednesday.
Knicks owner James Dolan said Walsh would have "complete control over all basketball operations."
Walsh, 67, signed a four-year, $20 million contract, Newsday reported. He takes the position formerly held by embattled Coach Isiah Thomas.
Dolan said Walsh had a mandate to "do whatever is necessary to turn this team around."
Walsh held various positions with the Pacers during the years, including general manager and president.
Walsh has the authority with the Knicks to hire a new general manager and coach.
The Knicks had a 20-54 record prior to a game Wednesday at Memphis.
Walsh said he plans to meet with Thomas to discuss his role with the club.
"I've known Isiah for a long time, and I have great respect for his knowledge of the game," Walsh said.
Thomas coached the Pacers from 2000-03.
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