NBA News: Phil Jackson Finalizing Deal To Become Knicks President

UPDATE (1:50 PM): The New York Knicks have scheduled a press conference for next Tuesday to announce Phil Jackson as their new President of Basketball Operations, according to Yahoo! Sports’ Adrian Wojnarowski:


____________________________________________________________________________________________________________________

[new_royalslider id=”146″]

It has been in the works for a while, but now it is finally becoming official. ESPN’sRamona Shelburne is reporting that the New York Knicks are finalizing a deal with Phil Jackson to become the team’s President of Basketball Operations:

This will definitely come as a blow to many people who were hoping Jackson would return to the Lakers in some capacity. Many were even reporting that he was using the Knicks talks as leverage with the Lakers for a job in the organization.

Jackson will have full control over all basketball decisions with the Knicks, though owner James Dolan will undoubtedly continue play a large part.

Lakers Nation Store Is Back! Check Out The Latest Gear!

Jackson spent 10 years with the Knicks as a player, averaging seven points and four rebounds, and winning championships in 1970 and 1973.

Now the question becomes what do the Lakers do in regards to next season. Kobe Bryant recently called out Jim and Jeanie Buss to get the organization back on track, and wants no part of another rebuilding campaign.

Many believed that bringing Jackson in on the front office side would help the Lakers return to glory, but that is eventually no longer a possibility.

Whatever the case, Jackson has a tall task in front of him as the Knicks have no cap flexibility, and lack a first round draft pick in this year’s draft.
______________________________________________________________________________________________
Kobe Bryant On Phil Jackson To The Knicks, “I Don’t Really Get It”

You May Also Like

Lakers Have Until Tuesday to File Disabled Players Exception

The Los Angeles Lakers will be without Jordan Hill for the remainder…

Lakers Rumors: Pau Gasol Headed Back to the Grizzlies?

The trade rumors surrounding two-time NBA champion Pau Gasol have taken an…

Mock Draft 1.0 (Picks 1-30)

Another season, another lottery and another draft where the Lakers hold no…

Lakers Rumors: Lakers Show Interest in Signing Roger Mason Jr.

The Los Angeles Lakers’ attempts to acquire superstar center Dwight Howard may…