Phil Jackson returns to New York Knicks as president

Phil Jackson smiles as he is introduced as

Phil Jackson smiles as he is introduced as the new president of the New York Knicks, Tuesday, March 18, 2014 in New York. Jackson, who won two NBA titles as a player with the Knicks, also won 11 championships while coaching the Chicago Bulls and the Los Angeles Lakers. (AP Photo/Mark Lennihan) (March 18, 2014 2:38 PM)

(AP) -- Phil Jackson has returned to the New York Knicks as their team president.

The Knicks announced Jackson's hiring Tuesday at a news conference in the lobby of Madison Square Garden, where a giant sign reading "Welcome Home Phil" was overhead and shirts with the No. 18 Jackson wore as a player lined the racks in the merchandise store.

Jackson signed a five-year contract that reportedly...

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