Phil Jackson Made So. Much. Money. For His Awful Tenure With The Knicks

Corey Sipkin/NY Daily News via Getty Images


Phil Jackson signed on to be the New York Knicks team president, igniting hope in long-tortured Knicks fans, young and old. A proven basketball mind and OMG HE COACHED MJ! was enough to ink Jackson to a five-year contract that paid him $12 million a year.

Welp, fast forward three years and it’s become all to clear that Jackson’s tenure in New York has gone about as smoothly as Helen Keller’s reading material. The Knicks went 90-171 (.344) under Phil, with seasons marred under players’ resistance to the triangle offense. As of late, Jackson has made it clear to Carmelo Anthony that he should find a new home and has sparked concerns over the organization’s relationship with its most promising young player, Kristaps Porzingis.

Phil’s massive failure in New York was not reflected in his paycheck, however. This stat is mind-blowing.

For each of Phil’s 90 regular season victories, he was paid $666,666, as pointed out by The Big Lead. No wonder Jackson ‘I got fired’ statement was so complimentary of the Knicks organization.

“The New York Knicks will always hold a special place in my heart,” Jackson said in a statement. “This team and this town launched my NBA career. I will forever be indebted to them. I am grateful to Mr. Dolan for giving me the opportunity to return here.

“I had hoped, of course, to bring another NBA championship to the Garden. As someone who treasures winning, I am deeply disappointed that we weren’t able to do that. New York fans deserve nothing less. I wish them and the Knicks organization all the best — today and always.”

Poor Phil.

[h/t The Big Lead]

Matt Keohan Avatar
Matt’s love of writing was born during a sixth grade assembly when it was announced that his essay titled “Why Drugs Are Bad” had taken first prize in D.A.R.E.’s grade-wide contest. The anti-drug people gave him a $50 savings bond for his brave contribution to crime-fighting, and upon the bond’s maturity 10 years later, he used it to buy his very first bag of marijuana.