LA Lakers: Phil Jackson Rehired

The Los Angeles Lakers will announce that Phil Jackson will be rehired as head coach of the former NBA champions.

Phil Jackson is returning to theLos Angeles Lakers following a reconciliation with the team that cut him loose last year after three NBA championships in five seasons. Spokesman John Black said Tuesday the team has rehired Jackson, who was let go by owner Jerry Buss last June 18.

A news conference was set for 5 p.m. EDT at Staples Center.

Jackson agreed to a three-year contract. Terms were not announced, but it’s believed he’ll be earning around $10 million per year.

Flap certainly missed Laker’s basketball this past season.

Now, let Phil work his magic.