According to Yahoo! Sports, the parting was a "mutual decision" between D'Antoni and Knicks owner James Dolan due to "conflicting visions of the club's future."
The reeling Knicks have lost six straight games to fall to 18-24 for the season and are currently tied for eighth with the Milwaukee Bucks in the Eastern Conference.
D'Antoni was 121-167 in three-plus seasons in New York.
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