Phil Jackson will have the final say in all New York Knicks’ basketball decisions as James Dolan “willingly and gratefully” ceded some control of the organization.
The New York Knicks’ hiring of Hall-of-Fame coach Phil Jackson is seen as another move to fortify the Madison Square Garden Co. unit after a $1 billion overhaul of the Midtown Manhattan arena.
Phil Jackson has agreed “in principle” to join the New York Knicks as president and oversee the team’s basketball operations, the New York Post reported.
Phil Jackson, who has won 11 National Basketball Association championships as a coach, was offered a front-office position with the New York Knicks, according to the New York Daily News.
The New York Knicks waived forward Metta World Peace and guard Beno Udrih after negotiating contract buyouts with the veterans, both of whom failed to get regular playing time this season.
International Business Machines Corp. agreed to sell its low-end server business for $2.3 billion to Lenovo Group Ltd., decreasing its reliance on computer hardware as sales of the products plunge.
Steve Mills, who previously worked in the front office of the New York Knicks, is returning to the National Basketball Association franchise as its president and general manager.
International Business Machines Corp.’s borrowing costs are rising even as those of its peers fall, underscoring concerns that the world’s largest seller of computer services is struggling to find its place in the cloud.
Banking clients at DBS Group Holdings Ltd. will soon get investing assistance from Watson, the same International Business Machines Corp. technology that triumphed over human “Jeopardy!” contestants.
"We're disappointed that it did not work out for Beno and Metta."
- Steve Mills on Feb 24, 2014