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Lakers Want Jackson To Take A Pay Cut


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Lakers coach Phil Jackson told reporters on Wednesday that he has already had discussions with the team about coming back next season and they want to reduce his salary.

 

His current contract pays him a reported $12.5 million this season.

 

"It's been indicated there will be a salary cut but not ... I'm not going to say 'down,' that's kind of weird to say stuff like that," Jackson said. "It's still a ridiculous salary whatever it is."

 

He first mentioned the potential pay cut on Dec. 19 in New Jersey.

 

"A lot of it has to do with the direction the league is going, the direction the ownership wants to go in," Jackson said of his future. "People are cutting costs all around the league, and coaches are obviously going to take a cut too, so they may not even want to hire me. They may want to save some money."

 

http://realgm.com/src_wiretap_archives/66687/20100520/lakers_want_jackson_to_take_a_pay_cut/

 

I'm hearing it's a 60% reduction in salary, that's ridiculous.

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even though Jerry Krause is gone, I don't think he'd ever go back

 

Well I'll agree that I doubt he will come back, but still if chicago happened to get lebron and bosh, could you imagine what phils coaching resume would look like? mj and pippen, kobe and shaq, lebron and rose. He would be one lucky sob. I would cream my pants if this happened.

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