Legendary Coach Phil Jackson returns to the NBA to join the Knicks as new team president in charge of basketball operations:

Via The NY Times: The Knicks introduced Phil Jackson as their new president at a news conference Tuesday morning at Madison Square Garden, where he pledged to be fully committed to the organization and to the tenets of team basketball. He also said that the team had been hindered by a “lack of solidarity” in recent seasons and that he would work to build better relationships.

“It’s a wonderful opportunity to do something that I love,” said Jackson, who won 11 N.B.A. championships as a coach with the Chicago Bulls and the Los Angeles Lakers, “and that’s be with a basketball team and hopefully create a team that loves each other and plays with each other.”