Knicks' owner James Dolan met with the Knicks main beat writers on Tuesday.

"If we end up the season where we are right now in terms of development, I think we would all be disappointed," Dolan told reporters. "I don't mean in terms of record, I mean in terms of the execution of the team and performance of the team."

Dolan said that he will definitely give Isiah Thomas at least until the end of the year.

"I think we (are getting better) but we're not there," Dolan said. "I think what we're seeing is exactly what we expected to see. If I had asked all of you back in July how do you think the first quarter is going to go, it would surprise me if you all predicted where we all are at now. You got a young team with a lot of very young players. I consider our the players in their second year ? I feel like they are really in there first year because I really don't feel like they develop much last year."

Asked directly is Isiah Thomas' job performance is good enough, Dolan replied: "Not yet, no.

"I'm sorry about last season and about what happened with our coach," Dolan said. "I'm sorry about how it negatively impacted the team. I'm sorry we made a mistake hiring that coach. In the end I had lots of help from lots of people who thought that was the right move. But in the end it was my move, my decision as the owner of the team and it clearly was the wrong decision.

"Nothing can make me feel good about the fact we lost last season. We have good young players. They could have been developed better. We could be farther along today than we are now. And that's my fault. I feel bad about that, but I can't go back and change it. All I can do is keep moving forward."