Updated

The New York Knicks have picked up the option on coach Mike Woodson's contract for the 2014-15 season.

Woodson led the Knicks to a 54-28 record last season and their first Atlantic Division title since 1994. He is 72-34 since taking over for Mike D'Antoni late in the 2011-12 season, a .679 winning percentage that is second-best in franchise history.

New general manager Steve Mills said in a statement Monday that after spending time with Woodson recently that it was "clear that picking up his option is an easy decision."