Brian Shaw is the top preference of Phil Jackson to be the new head coach of the New York Knicks, according to a source.

The Denver Nuggets would require compensation for Shaw, but Jackson reportedly has not given up hope on the scenario. It is unclear whether the Knicks have requested permission to interview Shaw. The Knicks are also expected to be interested in Derek Fisher.

Shaw has stated he is pleased to stay with the Nuggets.

“I’m happy where I am,” Shaw said. “I have a job here, so all the speculation that’s out there, that’s just speculation.”