Knicks made it official with Jakcson as their new president while the former one now becomes the vice president.
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Originally Posted by ESPN
Jackson's deal is for five years and is expected to pay him $12 million annually but does not include an ownership stake, sources said.
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Quote:
Originally Posted by ESPN
While there was significant interest in bringing him back to the Lakers in some capacity, it never reached a level where Jackson's representatives were formally contacted, as it was clear to all involved the Lakers would not offer a role that encompassed nearly as much power as the Knicks did, sources said.
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