The New York Knicks have an agreement in place with Derek Fisher to become the team's next head coach. The two sides are set to finalize a five-year, $25 million deal.

The Knicks have scheduled a news conference at 11:30 a.m. today to "make a major announcement. You can put two and two together on what this major announcement will be.

Now that Phil Jackson has his head coach it's time to figure out their future five-year

franchise plan. It's no coincidence that Fisher's contract length is the same as Jackson's.

As a first-year head coach, Fisher needs to do two things right away:

First thing, reach out to Carmelo Anthony and find out whether or not he's going to stay in New York because that is still uncertain at this time. There's only 20 days left until free agency kicks off, and opening up a dialogue with the only all-star player you have wouldn't be a bad start to your coaching career.

Secondly, surround yourself with a good coaching staff. Fisher has much to learn, quickly. Bill Cartwright has already interviewed for a position on staff. Other candidates include Kurt Rambis, Luke Walton, Ron Harper and Jim Cleamons.

So whats the common denominator with all of these candidates? They all have played or coached under Jackson, and most of all they all know the precious triangle offense that you can expect to be put in place as soon as training camp opens up.

So, was this a good move for the Knicks? Absolutely.

Derek Fisher will get the ultimate guidance from one of the best to ever coach the game in Jackson. Even though Fisher will be under pressure immediately, expect him to have this season to learn the ups and downs of coaching. Especially seeing how he has an old, overpaid, underachieving, immature roster with no cap room.