Published: Wed, June 28, 2017
Sport | By Ellis Neal

Phil Jackson's Future with Knicks Reportedly Being Weighed by James Dolan

Phil Jackson's Future with Knicks Reportedly Being Weighed by James Dolan

"While Jackson has $24 million left on his original five-year contract, Dolan has a history of paying off long-term financial commitments without much consternation". He has always spoken of his reverence for the late and great Red Holzman, but somehow ignored or simply forgot this essential truth about Red: He always - always - understood that basketball is a players' game. However, his decision to serve as an executive for the first time, acting as Knicks president, has been widely seen as a disaster. Yet, after he noted how hard it would be to turn this Knicks team around in this interview, Jackson took the job as Knicks team president in March of 2014, signing a five-year, $60-million contract.

Jackson, 71, has faced increased scrutiny in recent weeks, stemming from his clash with disgruntled star Carmelo Anthony and the revelation that he was fielding offers for Latvian phenom and 2015 No. 4 overall pick Kristaps Porzingis as the Knicks looked to move up in this year's draft. In November 2016, LeBron James said he lost respect for Jackson after he used the word "posse" to describe the Cleveland star's business partners.

Jackson was hired three years ago after a historic coaching career that included 11 National Basketball Association titles, a prodigal Knicks son returning to restore the organization to relevance.

Wednesday everything boiled over - Phil Jackson and the New York Knicks have parted ways, the sides announced.

I'm listening to Mike and Mike and Stu Gotz is begging for them to fire coach Hornacek and hire Jeff Van Gundy as coach or Mark Jackson. The film director Spike Lee posted a one-word response to the news on Instagram: "HALLELUJAH".

James Dolan, Executive Chairman of Madison Square Garden, answers questions during the press conference to introduce Phil Jackson as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. That move would make sense, especially for Carmelo's career, but the Knicks want to get something in return if they part with their best player.

General manager Steve Mills is expected to remain with the Knicks. There's too many cases of executives and players re-upping at less sexy locations to build franchises.

If you're looking for a reason the Knicks are moving on, Jackson's tiff with Porzingis is the place to start.

There has been speculation that Anthony, 33 and a 10-time All-Star, would be a top target of the Cavaliers if the Knicks decide to buy out his contract, which has a no-trade clause.

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