Phil Jackson could earn $12-15 million, include minority stake in team

Phil Jackson and the Knicks have reportedly agreed, in principle, on a role in the front office for the team (Berman, March 11).

He could earn between $12 and 15 million a year, and the two sides have discussed Jackson getting a minority stake in the organization (Isola, March 12). This would make Jackson the highest paid NBA executive in league history.

Sam Spiegelman

The Knicks have money; it’s time they spent it.

I love the move to bring in Phil Jackson, largely because it brings some credibility to the organization — you know, one that used to Isiah Thomas running the shots. Whatever you want to say about Jackson, it’s undeniable the guy has a brilliant basketball mind and has proven to be a winner at every stop along the way.

It’ll be interesting to see how he handles this new role, one he has never performed in, and what kind of impact it’ll have on the Knicks’ offseason, primarily (and obviously) in regards to Carmelo Anthony’s impending free agency. And in terms of money, I can’t think of another front-office member to pay the big bucks to better than Jackson. For once — and I say this holding my breath — the Knicks are putting their money in the right place.




61 comments
cole3244
cole3244

the best thing about bringing in phil is he is an adult and won't tolerate any nonsense and he may be able too keep dolan at bay from meddling at least in the short term.


long term i'm not as optimistic that dolan won't resort to his old habits, there should be a period of professionalism the franchise hasn't seen for quite a while and i for one will enjoy it.


i hope phil made it real expensive for dolan to break his word on giving phil complete control that might make him less apt to interfere for a while, i have a dream.

HypoCrit_calNYKfans
HypoCrit_calNYKfans

Like the Jackson move for two reason: 

(1) CAA will be out! CAA won't be running the show, manipulating the front Offices, and trying to make trades for CAA's benefit, and
(2) Shumpert will be in! Cause Jackson would never trade a player like Shumpert, a player that do well both of the two things that are needed to win championships and that's "play defense" and "rebound!"

kidrobot
kidrobot

I have varying opinions on LeBron coming to NY if PJax and Melo are on board.

#1 He already has his version of this set up in Miami with Riley and the flexibility to mold the next team to his liking.  Why would he leave a team that he transitioned from being viewed as fleeing to to get a ring to now, unquestionably, making Miami his team? 

#2 Why wouldn't he want to come here now and cement his legacy as the single greatest player in NBA history.  Think about it.  If LBJ were to come to the Knicks and win a title, he would go down as the best player to ever play the game.  Hands down.  That's what NY can do for him - especially with Phil Jackson at the helm as the brains behind the operation.  Remember, Phil Jackson is also playing for something here.  He is motivated to win a title as a player, coach and now executive.  If LBJ, Melo and a collection of role players win multiple titles- Melo would instatntly go down as a top 10 player ever, LeBron would go down as GOAT and so would Phil Jackson.  This kind of makes sense.  Think about it

KnickelusKnickleby
KnickelusKnickleby

Phil just singlehandedly put a stop to that Knicks Fan For Life Rally. 

MeloStat301
MeloStat301

If Melo stays...and doesn't get traded Phil is only in it for the $$...lol....the new tkb troll narrative...you'd think guys would be happy, with the greatest mind in basketball of this generation..along with one of the most prolific scorers of all time on the same side...guess not.

NoVaCaInE
NoVaCaInE

Tyson and Amare are out tonight. Bad timing considering we need all the wins we can get. Aldrich should see a ton of mins tonight.

Michael Gallucci
Michael Gallucci

Does this mean Shumpert is going to hit wide open jump shots now? 

Knicks_Fanatic
Knicks_Fanatic

MSG is a publicly traded company, so I would assume that any type of ownership would have to come in the form of stock or probably, stock options. Perhaps one of financial guys on here could explain how that would work.

hashburry
hashburry

Nice golden parachute for Jackson.  This can only end badly.

fast_eddie
fast_eddie

I would also give him the keys to Dolan's Yacht and Private Jet, 50 pair of Spike Lee sunglasses, his own Knick City dancer, 100 pairs of Knicks monogrammed underwear and let him play drums in Dolan's band whenever he damn well pleases. Besides the 15 Million and a minority stake in the Knick's, I believe that should do it. Let's seal the deal and call it a day...and then get this team moving in the right direction.

Nick White
Nick White

i agree, tickets are already 190 to get in not like giving phil 15 mil a season is going to make it any more impossible to go see a game. SPEND HIS MONEY give him 20 mil a season screw dolan

fast_eddie
fast_eddie

@Victor Triguero  


It's not only about "spending"...It's about "staying away" which you alluded too. Dolan needs to let Jackson run the show and ol' Jimmy needs to just play music and count his money in a corner somewhere.

xmenreturn
xmenreturn

@Kiyan Carter STATues never had the players to win anything!

xmenreturn
xmenreturn

@MeloStat301 Dude, mark my words, If we try to build around Melo, we are not winning anything.  Yes he is a scorer and the NBA has had many scorers.  I want leaders and winners who plays both sides of the ball consistently.

10 years of Melo has produced nice stats and no NBA Finals and rings. If you think that's a fluke, then that on you. Not me. 

Melo needs more than just a few pieces around him, dude needs an orchestra!

chudogz1
chudogz1

@ Biggie. Now he just needs to STAND BACK, and enjoy the show.....that's the hard part for guitar shimmy, not laying down the grip

zebeto
zebeto

@hashburryPhil was making 10 mil in Cali .........with all the income taxes in NY , 15 mil is probably equivalent to what he was making/taking home in Cali .

xmenreturn
xmenreturn

@thatsagoodpoint Why? If he's getting 12-15 million a year, the minor ownership should be much less than JZ had with the Nets. Yet JZ ran around like he was the majority owner.  

When he had to sell that back to the owner, the Russian went into his pockets and gave him all the change he add there.


Lee Lewin
Lee Lewin

@fast_eddie  lol, but that may be racist in some eyes if steve mills is his personal waiter and baggage handler. I'm all for all of it though. 

xmenreturn
xmenreturn

@Biggie A minor stake could mean anything. The fact that he gets 5 years with that amount of money is the deal breaker in itself. 

That means he surely won't try to do an Isiah and build around Melo by taking back bad contracts next year.

With 5 years to rebuild. it's about 2015+ and Melo is gone for sure.

brookdon
brookdon

Lebron at worse will be top 7. Melo will be somewhere in the top 60. He'd have to win multiple rings to ever get that high.

chudogz1
chudogz1

@ xmenreturn. But Melo did? He had this same STATues that u speak of, oj us JR Smith n Tyson..... No one would win with that team

MeloStat301
MeloStat301

LOL....sure buddy, you get a pat on the head.



MeloStat301
MeloStat301

@zebeto Actually he was making 12 mil...his last season he took a paycut to 10...so he will be roughly making the same, to a little more on salary alone.  Don't know the details of the minor ownership deal though.

fast_eddie
fast_eddie

@Lee Lewin @fast_eddie  


Sorry, I took the Steve Mills part out just in case anyone took offense to it. My bad...glad it made you laugh though.

zebeto
zebeto

@xmenreturn @Biggie..disagree...i think phil likes melo....the only critic he said publicly about melo is that the "ball sticks when it hits his(melos) hands " .........that doesnt sound like he wants him out .

xmenreturn
xmenreturn

@Kiyan Carter LMFAO!  I used that argument here for years and I was told all the excuses why he couldn't get to the NBA Finals.  He was injured that one year, he never had the players and etc.

Now I get that with Melo. SMH

If you have been in the NBA for many years, there should be very few excuses.

zebeto
zebeto

@MeloStat301 @zebetothat was my point ,making relatively the same in salary ...but with the minory stake being the bonus/deal breaker ! ..seems just about right .

xmenreturn
xmenreturn

@thatsagoodpointDolan can give him 50% for all I care. I just want Dolan hands off the team and no meddling.  If Phil secured that, I would feel much better. 

If not, Phil may have been paid off just to add a face. I want to see a bold plan from Phil and not him in cahoots with Dolan just to make money and still produce a subpar product. 

xmenreturn
xmenreturn

@thatsagoodpoint @xmenreturnI hear ya but I would be more interested in the details on how much autonomy Jackson has to do his job. 

Dolan has plenty money to dole out. The issue is whether he has signed away from being a meddler like Jones in Dallas.

That would tell me how serious Phil wants to do his thing here without interference.  Without that, Phil is more concerned about the money and compensation.  That should worry us all.

xmenreturn
xmenreturn

@fast_eddie Don' let them get to you Eddie. Mills and Herb won't take exception to it for sure.  Stick to ya guns man!  

 I'd be happy to carry Phils Bags for a cool Million!  They can call me want they want, I'll just give them the finger......from my Benz! 

Lee Lewin
Lee Lewin

@fast_eddie @Lee Lewin  no no no, you shouldn't have taken the steve mills part out, i'm disappointed, i'm just joking..i thought it was the best part of the joke. 

L
L

Thats crazy. Lol

L
L

@biggie I agree!

xmenreturn
xmenreturn

@Kiyan Carter Yep the comparison was for the LBJ, Wade and Bosh getting together.  LBJ and Wade were essential.  Bosh was a nice piece.

xmenreturn
xmenreturn

@thatsagoodpoint Not True. There's an ego thing in this.  LBJ had to leave the Cavs to jong Wade team to get his 1st ring. Surely, you can say it's LBJ's team now and Wade and LBJ did an interview where Wade has to relent and tell LBJ to step up because he's the man and etc.

However do you really think the best player in the NBA will allow his ego to leave again and go to another stars team like Melo and go through that again? 

I surely wouldn't and I surely wouldn't take that risk thinking I could be the one to make Melo win anything AND leave my team now where I have all the rings and Riley. 

I truly see some of you making Melo out to be a must have.  I see Melo as a Bosh at best. LBJ needs a stud for him to move.  

Phil would do best to get a stud for LBJ to have and then have LBJ join first with the stud joining along or right afterwards. 

Just my opinion! 

 

xmenreturn
xmenreturn

@Biggie @xmenreturnThen that is where we disagree. You don't go out to pay the loot for Phil to come here and build a house of mediocrity. 

We have that down to a science already. 

We have seen 10 years of Melo and some of you act like for 10 years, Melo has had the short end of the stick and played with horrible players. 

You need to have smart players and leaders with talent to have a chance.   

Melo is not a super star in my eyes until he helps takes his team somewhere good.  

xmenreturn
xmenreturn

@Biggie So who do we rebuild around then?  What type of team are we here next year with Melo?

Same old crap Biggie. We have to get smarter than that. If having a so-called superstar and getting maybe to the 2nd round is all you want, they so be it. Not me!

We NEVER had a chance for LBJ the first time. Now we may surely do if we play our cards correct.  That's the difference imo.

xmenreturn
xmenreturn

@thatsagoodpoint That's why we disagree. LBJ is not some piece. He's the best player in the NBA and I doubt he would leave Riley and that organization to join Phil and Melo's team! 

I know I sure wouldn't.  

The Knicks has to be LBJ's team period.   

I truly do not see LBJ coming to our Knicks joining Melo well into age 31 in 2015 to win aring here. 

There's a possibility Melo could be missing the playoffs for 2 years before LBJ come's here on top of that. 

LBJ COMING is NOT HAPPENING unless PHIL thinks outside the triangle.


L
L

@biggie

so you're saying that you don't want LeBron? I mean I see Melos games being effective for five more years in the league honestly

xmenreturn
xmenreturn

@Biggie @xmenreturn


Dude, LBJ is the main main ion the NBA and he already ran once to get his 1st ring and help. 

Why would the main man of the NBA run to Melo's team to take on a huge task and alientate another city of fans.

LBJ is not Dirk or KG and he is in his prime still.   

For the main dog of the NBA to leave Miami, NY would have to be HIS team and I truly doubt he would want to be going to someone's team at this stage of his career.

KG and Dirk on on the downside of their careers


L
L

@xmenreturn

simply because other players in the league respect Carmelo the media may act crazy and act like this man is not the top scorer or at least the second best scorer in the league but that's not the case f

Amoungst players.

it was you that mentioned LeBron coming to New York so that's why I said he would come to New York with Carmelo. I for one do not want to wait on LeBron because he already proved he was too scared to come to New York

xmenreturn
xmenreturn

@thatsagoodpoint Then LBJ would want a key player to come to him in Miami like Wade did. 

There has to be a true lure to get LBJ to move to NY and alienate another city of fans.  

I do not see LBJ running to Melo's team to take on a giant task in NY when Melo is surely not Wade and never will be,

xmenreturn
xmenreturn

@Biggie Dude, it's not just about their age now. It's where they are in terms of winning. 

Melo is 10 years into the NBA without a NBA Final or ring and you think he can just start winning rings all of a certain? YIKES!

zebeto
zebeto

@Biggie yea like i said .melo is becoming a PF fulltime .

xmenreturn
xmenreturn

@L I hear ya but why would LBJ want to risk leaving a good organization where he won rings, alienating another city, just to come play with Melo while hasn't won anything.  

LBJ would be going  again to another players team when he is the top dog that others should be coming to.

I don't see that as being a viable angle to lure LBJ.

zebeto
zebeto

@xmenreturn @zebeto...i think that melo is transforming himself into a PF .....and PF don't need the high octane athleticism that a 3 (SF) usually relies on ..... needless to say 30 is not that old .....i could easily envision melo playing at a high level till 34-35.


And what are the guarantees that lebron comes in 2015  ??...


..id take the safer route , build arond melo , get him a PG next year or 2015 for sure ..and go from there ...tony parker, rondo ,kyrie , dragic, bledsoe etc .


PS....a general type point guard will take alot of wear and tear from melo too IMO .

L
L

@xmenreturn

I build around Carmelo and I expect him to get my Lebron here for 2015. but I do not expect LeBron to come here without Carmelo been there and done that

xmenreturn
xmenreturn

@zebeto Would you build around Melo at this stage in his career vs blowing this mess up and going after LBJ and what ever piece he needs in 2015+?

Marko polo
Marko polo

I keep hearing this but what exactly is "phil ' s type of player, I think Melo has all the gifts if put in the right system or surrounded with the right players

xmenreturn
xmenreturn

@thatsagoodpoint Roy would not opt out for Melo.  It will depend on us luring someone like LBJ.  

Phil would have to sell the Knicks as being LBJ's team and others coming to join hum and etc.

L
L

@thatsagoodpoint @xmenreturns

I'm not so surethat you are correct Mr X Men. Carmelo needs the right players around him just like any other superstar out there right now. Its plain and simple.

xmenreturn
xmenreturn

@Biggie @xmenreturnDude Melo is 30  this May. 

Jordan had already won rings way before then so he already knew how to win.  Melo has not.  Melo is at age 30 now basically with not even a NBA Finals and you want to compare that to MJ?

YIKES!

L
L

what makes you so sure of that Carmelo is not a Phil Jackson type of player

xmenreturn
xmenreturn

@kneggyknik Kobe Role?  When did Jackson win with a Kobe at age 31 that had not won a ring or gottent o an NBA Finals before?

Kobe is one of the best closers and Jackson still had a hard time winning with Kobe without Shaq and some years with Shaq! 

xmenreturn
xmenreturn

@thatsagoodpoint It doesn't add up!  Why would Phil take 5 years and use that to build around a 31 year old Melo in 2015 when he hasn't won anything and it not really his type of player?

That makes no sense unless Phil came here just for the money and to appease Dolan. God, I hope that's not the case.  

We need sound bold thinking not some Instant Isiah!  

xmenreturn
xmenreturn

@kneggyknik I don't Melo is Phil's type of player, at age 30 and having not won anything, with our team being strapped next year, it does not add up for Phil to try to have Melo wait to rebuild around. 

I do see Phil maybe not caring if Melo stays around for a year so that he can trade him out for a piece he wants.  With this, I think Melo should be smart to put his own interest ahead of this and leave to pursue his ring elsewhere. 

So that's why I think Melo is a goner before 2105+