Jackson stays with the Lakers
Phil Jackson just signed a two-year $24 million extension to his three-year, $30 million contract, the 62 year old veteran and member of the Hall of Fame, was hesitant to sign due to health complications, he has undergone through two hip replacements since October 2006,in fact, he put off his decision of coming back twice before meeting with Lakers owner Jerry Buss.
"This offer was extended to me last year, and I promised Dr. Buss that I would let them know before the end of the season whether I would continue on," Jackson said.
Jackson has one of the brightest careers in NBA coaching, he have earned nine championship rings, 6 with the Bulls and 3 with the Lakers and his career playoff record is 179-77.

"He's a Championship Coach, he's got a lot of insight, a lot of wisdom. His record speaks for itself." forward Lamar Odom said.
Jackson is trying to bring the Lakers back to a glorious era and he has stated that the rumors of his departure linked to the fact that Kobe Byant, the player he once called “uncouchable” wanted to be traded, were only that, rumors.
Even Kobe praised Jackson’s decision:
"I think it's great. He's clearly, in my opinion, the greatest coach of all time, so when you can lock him in, that's always a great thing." Bryant said after the Lakers' 127-99 victory.
Hopefully Bryant and Jackson will leave their egos on the side for the team’s benefit and use their ambition to win the Lakers a few more titles together.