Walsh stepping down as Knicks president

Sports Network

, Last Updated: 2:55 PM ET

NEW YORK -- Donnie Walsh will step down as president of the New York Knicks, the team announced Friday.

A statement from owner James Dolan said Walsh will stay on as a consultant for the 2011-12 season, but leave his current position.

"Following a long series of discussions regarding his future role with the New York Knicks, Donnie Walsh and I have mutually agreed that he will be leaving his position as president, basketball operations of the Knicks at the end of June," Dolan said.


Videos

Photos