Earlier this week, we reported that Phil Jackson, who won 11 NBA championships as a coach with the Lakers and Bulls and 2 as a player with the Knicks, was leaning towards accepting James Dolan’s offer to become the Knicks’ President of Basketball Operations. Now, reports are leaking that the two sides have agreed in principle to a deal that would make Jackson the highest-paid executive in NBA history, and possibly net The Zen Master a minority ownership stake in the team. The details should become more clear in the coming days, but as things stand, it appears that Dolan has gotten his man.

-Tommy Rothman