IFWT_Phil Knicks

I really wish we could just wait til the deal is officially done before these kinds of reports come out, but for those that want to know what COULD be happening with Phil Jackson & the Knicks — we have a couple reports for you.  Hit the jump for details on what Phil will be doing & what he’ll get in return…

GameTimeGirl

 

Via NBC:

It’s been rumored for days the Knicks and Jackson were close to a deal, now the two sides have reached an agreement in principle, reports the New York Post.

Phil Jackson has reached an agreement in principle to oversee the Knicks basketball operations and “president’’ will be in his title, according to a league source.

All that’s left is the lawyers finalizing the last contract details by week’s end before Jackson officially returns to the organization that drafted him and where he won two titles as a player.

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Via RealGM:

James Dolan has reportedly solicited the help of Bill Bradley in negotiations with Phil Jackson and the two sides could sign a deal that earns Jackson in excess of $15 million per year, according to a source.

Jackson also has had preliminary discussions with the Knicks about owning a minority stake in the team.

Dolan believes Jackson is worth making the face of the Knicks’ franchise.