The New York Knicks are in the final stages of contract negotiations with Mike Woodson and are expected to make him their coach in the coming days, a source with knowledge of the negotiations told ESPNNewYork.com.

The deal could be announced as soon as the end of this week, according to the source.

Mike Woodson will be pointing the way for the Knicks once his contract to become coach is finalized. AP Photo/Frank Franklin II

"They're just waiting on paperwork," the source said.

"The job's his," a second source familiar with negotiations said. "It's just a matter of time."

The two sides are working on a multiyear deal, a team source confirmed.

Woodson took over as coach on an interim basis when Mike D'Antoni stepped down March 14. Under Woodson, the Knicks finished the regular season 18-6 and in seventh place in the Eastern Conference. He coached the team to a win in Game 4 of its first-round playoff series against the Miami Heat, which snapped the franchise's NBA-record 13-game postseason losing streak.

Woodson has received the support of many Knicks players, among them Carmelo Anthony, Amare Stoudemire and Jeremy Lin.

Anthony has shown the strongest support for the 54-year-old Woodson.

"I'm hopeful he's back," Anthony said earlier this month. "There's no need to try to change it up now. I'm a big believer in sticking with what you have."