Phil Jackson Ready to Take a Paycut?

by May 20, 2010

Phil finally relented last night, and admitted that Jerry Buss has asked that he accept a paycut next season. Whether he accepts this or not, remains to be seen. From the Press-Enterprise: “Referencing PTI’s Mike Wilbon (who was standing right beside him) Simers asked mentioned to Jackson the rumor that he would take a pay cut from $12 million to $5 million dollars if he coached next year. After a few lighthearded exchanges, Jackson was again asked he was told about a pay cut. Said Jackson: ‘Yes, it’s been indicated that there will be a salary cut. I’m not going to say down, it’s kind of weird to say stuff like that. It’s still a ridiculous salary no matter what it is.”‘