Mar 19, 2014, 11:46 AM EDT
Now engaged, Phil Jackson and Jeanie Buss have dated since 1999. Their relationship surely got awkward at times during the 11 years Jackson worked for the Buss family business, the Los Angeles Lakers.
With Jackson coaching and Jeanie Buss working in the front office, there definitely could have been conflicts of interest. There surely were conflicts of interest. But those two and the organization managed them.
Now that Jackson has become the Knicks’ president, the potential conflicts of interest full under a different jurisdiction – the NBA.
Buss appeared on TWC Sports Net (watch an excerpt here), and Ramona Shelburne of ESPN transcribed parts of the full version:
Sounds like everyone got the all clear, but the league surely spent time considering the potential legal issues and probably issuing some warning about how Jackson, Buss, the Knicks and Lakers should act.
How often do significant others work for opposing teams? This is possibly unprecedented territory.
Maybe the Lakers having no interest in re-re-hiring Jackson helped Silver reach his conclusion, but I find it interesting the relationship was excused because Buss deals only with the business side. Because James Dolan owns both the Knicks and MSG Network, which shows Knicks games, the NBA can’t determine how much the Knicks’ media rights are worth. Therefore, Collective Bargaining Agreement just uses the Lakers’ media-rights value – negotiated by Buss – as a stand-in for the Knicks’ (hat tip: Kevin Draper of The Diss):
With respect to the transactions listed below in this Section 1(a)(7)(iii), the parties agree that, because the proceeds attributable to these transactions cannot be accurately ascertained, the following procedures shall be used for each NBA Season in which MSG Network is a Related Party of the Knicks (in the case of Section 1(a)(7)(iii)(A) below) and the Madison Square Garden arena is a Related Party of the Knicks (in the case of Section 1(a)(7)(iii)(B) below):
(A) New York Knicks transaction with MSG Network regarding the sale of local media rights: BRI for the Knicks for each NBA Season covered by this Agreement shall include an amount equal to the net proceeds included in BRI attributable to the Los Angeles Lakers’ sale, license or other conveyance of all local media rights (including, but not limited to,broadcast and cable television and radio) for such NBA season.
That doesn’t make the Jackson-Buss relationship inherently a conflict of interest by any means. But it’s interesting how tied together they remain professionally.
Jackson and Buss can likely will avoid meaningful conflicts of interest, but it’s an issue the NBA is and will remain aware of.
Aug 1, 2015, 1:11 AM EDT
This is the right move, whether he decides to play in Rio or not.
Jul 31, 2015, 11:08 PM EDT
He looks like a guy who can live up to the No. 1 pick billing.
Jul 31, 2015, 10:26 PM EDT
Norris Cole is still looking for a bigger payday.
Jul 31, 2015, 9:31 PM EDT
Her credentials are unassailable.
Jul 31, 2015, 8:10 PM EDT
He is currently out on bond.
Jul 31, 2015, 7:15 PM EDT
Hill told the police he was “in a hurry.” I guess so.
Jul 31, 2015, 7:01 PM EDT
Neither guy is going to make a difference on the court for these teams. This was just moving some money around.
Jul 31, 2015, 5:46 PM EDT
Crabbe looked good in Las Vegas at Summer League.
Jul 31, 2015, 4:59 PM EDT
The Kings don’t really have the roster spot for him.
Jul 31, 2015, 4:11 PM EDT
Iowa Energy add Nicki Gross to coaching staff
Jul 31, 2015, 3:20 PM EDT
Will he accept the required tender?
Jul 31, 2015, 2:35 PM EDT
The Phil Jackson Effect
Jul 31, 2015, 1:58 PM EDT
Why does USA Basketball chairman make such a distinction?
Jul 31, 2015, 12:52 PM EDT
Johnson makes $24.9 million, but this is the last year of his contract.
Jul 31, 2015, 12:47 PM EDT
New York drafted Giannis Antetokounmpo’s brother last year
Jul 31, 2015, 10:23 AM EDT
No. 58 pick will reportedly head overseas or to D-League
Jul 31, 2015, 9:21 AM EDT
Guard didn’t show much in short stint in New York
Jul 31, 2015, 8:35 AM EDT
“One thing to come out of this will be more camps, more clinics, more games, more youth competition, and from that you get into infrastructure, and building more courts.” —Masai Ujiri, Raptors GM and native Nigerian
Jul 31, 2015, 7:59 AM EDT
“And the coin flip was as much about, is there going to be anything else that we could do? Because we knew we had to do something.” —Mark Cuban on trading for Rajon Rondo.
Jul 30, 2015, 11:30 PM EDT
Hoiberg has a much stronger offensive reputation than Tom Thibodeau.
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