Donnie Walsh will no longer be running the show for the New York Knicks once the month of June finishes out and it doesn’t look like the team will be hiring anybody externally to fill his spot.

The New York Daily News reports that “the team of Scott O’Neil, Glen Grunwald and Mark Warkentien … are the front-runners to run the basketball operation.”

The paper notes that Grunwald is the former GM of the Toronto Raptors and “an Isiah Thomas disciple.” He is currently serving as the interim GM for the team.

A source tells the paper that Grunwald’s “responsibilities would be to handle the day-to-day functions on the basketball side along with Warkentien,” who once served as GM of the Denver Nuggets.

Meanwhile, Allan Houston(notes) will continue to work in the front office “with the plan being for (owner Jim) Dolan’s all-time favorite Knick to eventually run the club at some point,” the Daily News notes.

Until then, though, the paper reports that it “would appear” that Isiah Thomas “will continue to serve as an unofficial adviser to Dolan,” who “feels that Thomas is a valuable asset when it comes to recruiting high-profile free agents.” Dolan, sources told the paper, “blamed Walsh for the Knicks’ failure” to snag LeBron James(notes) last summer.

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Source: New York Daily News

Related: LeBron James, Denver Nuggets, New York Knicks, Toronto Raptors