Knicks President Donnie Walsh received good news on Monday. Walsh's final check-up on his hip was on Monday and he apparently was given the "good to go" by his doctor.

Now the Knicks must decide whether he's "good to stay".

April 30th is the deadline for the Knicks to pick up Walsh's option for the 2011-12 season. But Walsh has some options of his own to consider.

He's spent the last three years living alone in Manhattan while his wife, Judy, has remained at the couple's home in Indianapolis. Does he want to continue this lifestyle? Is he comfortable with everything that comes with the job? At 70 years old, should his role change going forward to perhaps help the franchise transition to his successor?

There's also speculation that if Larry Bird doesn't come back to run the Pacers next season, Walsh may choose to leave New York and return to old job in Indiana.