New York Knicks President Phil Jackson says the team has fired head coach Derek Fisher. They say Kurt Rambis will be interim coach.

Fisher, who was originally hired on Jun. 10, 2014, finishes his Knicks coaching career with an overall record of 40-96 (.294). 

Jackson says Rambis becomes the 27th head coach in franchise history. 

Originally hired as the team's associate head coach on Jul. 7, 2014, the 18-year NBA coaching veteran starts his second-stint as a head coach, after leading the Minnesota Timberwolves for two seasons from 2009-10 through 2010-11 (56-145). 

The Terre Haute, IN native was a member of eight NBA Championship teams, all as a member of the Los Angeles Lakers (four as a player and four as a coach or executive). 

Rambis becomes the fifth former Knicks draft pick to coach the team (third round, 58th overall in the 1980 NBA Draft).

The Knicks are currently 23-31 in the start to his second season.