Knicks, Phil Jackson part ways after dismal 3-year run

The New York Knicks announced Wednesday they are parting ways with coaching legend Phil Jackson after three years as team president.

The move came after Dolan and Jackson discussed the future direction of the Knicks, who have struggled since Jackson took over in March 2014, almost three years after his retirement from coaching.

"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".

However, Jackson's unquestioned knowledge of the game - he does have 11 championship rings as a player and a coach for a reason - did not translate well into the front office. The Knicks went 80-166 (.325) in three full seasons under Jackson as team president. An 11-time National Basketball Association champion as coach of the Chicago Bulls and Los Angeles Lakers, Jackson has repeatedly clashed with Knicks stars Carmelo Anthony and Kristaps Porzingas in recent months.

While many fans of the Knicks would be opposed to a possible buyout and seeing Carmelo Anthony play elsewhere, especially in Cleveland, the buyout might be best for everyone. "This team and this town launched my National Basketball Association career".

Dolan was the man that played a large part in bringing Anthony to the Knicks via the Denver Nuggets in 2011 and still does not seem willing to part ways with him even though NY is in the process of rebuilding upon its youth.

They broke up nine times before the nuptials, and he made a bold statement after each breakup, "That girl is nuts and I feel bad for the guy that ends up with her". The film director Spike Lee posted a one-word response to the news on Instagram: "HALLELUJAH".

The decision, reported by the New York Daily News and ESPN, stems in part over a difference in opinion regarding Carmelo Anthony's future with the team.

Dolan said he will not be involved in operating the Knicks. "I wish them and the Knicks organisation all the best - today and always".

The fate of general manager Steve Mills is unclear, but he may stay on to shepherd the Knicks through free agency as a permanent replacement is identified.

Jackson, who won two championships for the Knicks in the 1970s, said he holds no ill-will toward Dolan and the team.

But he could not turn around the club where he spent most of his playing days. Carmelo has a no-trade clause in his contract which will prevent the Knicks from trading him unless he approves of the move.

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