Thursday , Nov , 29 , 2007 Oly Sandor

What Phil Jackson’s Contract Extension Means For Kobe Bryant & L.A. Lakers’ Front Office

After much inner-contemplation, the Zen-master will stay. Phil Jackson has reportedly inked a two-year, twenty-five million dollar contract extension to continue coaching the Los Angeles Lakers. But nothing with the purple-and-gold is ever simple. Jackson’s extension solidifies L.A.’s bench, but creates two interesting situations …

The Associated Press reports on Phil Jackson agreeing to a multi-year contract extension with the Lakers:

Lakers coach Phil Jackson has agreed to terms on a two-year contract extension worth about $24 million, putting him under contract through the 2009-10 season.

A person with knowledge of the situation, speaking on condition of anonymity because the Lakers hadn’t made an announcement, confirmed the agreement.

My Quick Take: After much inner-contemplation, the Zen-master will stay. Phil Jackson has reportedly inked a two-year, twenty-five million dollar contract extension to continue coaching the Los Angeles Lakers.

But nothing with the purple-and-gold is ever simple. Jackson’s extension solidifies L.A.’s bench, but creates two interesting situations.

1) Jackson is staying, which means the Lakers won’t be replacing GM Mitch Kupchak with a big-name executive. Forget about Jerry West or another franchise architect riding to the rescue.

Jackson has never been fond of powerful GMs. In Chicago, he isolated Jerry Krause by creating a team versus management dynamic. Soon after Jackson joined the Lakers, Jerry West bolted for the anonymity of Memphis.

The veteran coach wouldn’t have stayed if a powerful executive was going to be hired and compromise his power.

2) Jackson staying doesn’t hurt the Lakers’ chances of keeping Kobe Bryant. These two moved past their differences years ago and now enjoy a close relationship.

But Jackson’s return doesn’t mean Bryant stays put in Hollywood, either. It’s impossible to predict #24’s future.

Come back to HoopsVibe for more details on this story. Get at us in the comment box below with your thoughts on Jackson staying with the Lakers.

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