ESPN’s Shams Charania reports the Knicks have relieved Tom Thibodeau of his duties as head coach.

One year after signing a three-year extension, Thibodeau is out as head coach of the Knicks. New York had back-to-back 50-win seasons and made the Eastern Conference Finals for the first time in 25 years under Thibodeau, but the team is looking for a new voice to help the organization get over the hump after five years with coach Thibs. The Knicks’ pursuit of a championship for the first time since 1973 will begin this offseason with the search for a new coach.