ESPN reported Friday that Phil Jackson was set to actually put pen to paper and sign an agreement to take over basketball operations for the Knicks. Later that afternoon, the Knicks put out a press release stating that they would hold a press conference Tuesday afternoon for a "major announcement."
Phil Jackson's agent Todd Musburger is in LA today there is hope agreement to be Knicks president will be finalized today, sources tell ESPN— Ramona Shelburne (@ramonashelburne) March 14, 2014
You can put two and two together here, right?
We'll have more on Jackson when the deal goes "official." Right now, the Knicks are "officially" having a press conference about something. But the reality is that Phil to New York is a done deal, and a signature NBA franchise mired in long-term failure has had a drastic change of direction.