Here are the latest rumors surrounding NBA free agency. It was a shock to everyone when the New York Knicks announced that they were firing head coach of five years Tom Thibodeau, especially considering he'd just led the team to their first Eastern Conference Finals appearance since 2000.

James Borrego is reportedly staying put after missing out on the New York Knicks' head coaching job. According to SNY's Ian Begley and Fred Katz of The Athletic, Borrego is returning to the New Orleans Pelicans next season after serving as their associate head coach last season.

One of the main rumors swirling the NBA landscape is the potential departure of Giannis Antetokounmpo from the Milwaukee Bucks. While Antetokounmpo has three years left on his contract, trade rumors have been spotlighted at Milwaukee.

According to reports, the New York Knicks are expected to hire a former NBA champion and longtime assistant under Steve Kerr and Gregg Popovich to replace Tom Thibodeau as head coach.

The New York Knicks' search for a head coach continues, and South Carolina head coach Dawn Staley is option the team is interested in.

New York Knicks center Karl-Anthony Towns (32) dribbles the ball against the Indiana Pacers forward Pascal Siakam (43) during the first half of Game 4 of the Eastern Conference finals of the NBA basketball playoffs in Indianapolis, Tuesday, May 27, 2025. AP Even Karl-Anthony Towns is being pulled into the Dawn Staley rumors.

Knicks head coaching rumors tracker: Latest news on Jason Kidd, Michael Malone and more potential New York candidates

After the Dallas Mavericks announced Frank Vogel being a lead assistant, they've also showing interest in Mike Penberthy.

Following the unexpected dismissal of legendary coach Tom Thibodeau, the New York Knicks are swiftly closing in on a two-time Coach of the Year to take the reins of the team.

Despite signing Jordan Clarkson this week, the New York Knicks are reportedly in talks with broken former All-Star Ben Simmons.

Despite the rampant rumors that he could be traded this offseason, Milwaukee Bucks star forward Giannis Antetokounmpo seems to expect that he will be staying put.