Huge news from Los Angeles today, the Lakers announced they have extended Phil Jackson's expiring contract for two years.
The price for those two years? A cool 24 million dollars; $12,000,000 per year. That may seem like alot, and it is, but Jackson is arguably the best coach of all time. Also, the money doesn't affect the salary cap, so if the Buss Family can afford it, why not give him a raise?
What the deal means:
Its hard for me to believe Phil would take this extension if he knew Kobe was leaving. So I think its more than likely that Kobe will not be dealt in the near future. Also, by not retiring at the end of the year or going to another team, Phil clearly beleives L.A. is the place he can surpass Red Auerbach's championship record (or he just wants to stay close to Jeanie).
Thats all the news for now, check back for a postgame report after tonights contest.
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