Word on the street is that Phil was never going to retire, but instead was trying to coax a little more money out of owner Jerry Buss, who reportedly wanted to cut Jackson's contract in half.
We're not sure what the terms of Jackson's new contract are, but we can be pretty sure that it will be more than half of what he made last year. Phil and his mind games....
With the Jackson issue resolved, the Lakers can now see what they can get in the free agent market. While they're obviously not in contention for any of the "top dogs" of this year's free agent class (barring an unlikely sign-and-trade), there are certainly pieces out there that can become tremendous role players.
Yesterday ESPN LA reported that the Lakers opened discussions with veteran Mike Miller, and 710 ESPN Radio reported that the Lakers offered him a 5-year deal worth around $30 million.
The Lakers must be salivating over Miller, who seems to be the piece the Lakers have desperately been seeking for a long time. He's a 6-8 shooter who has a 40.5% three point percentage for his career. He's also averaged close to 14 points, 5 rebounds, and 4 assists. Can you think of a better weapon off the bench?
Miller's also an underrated defender with toughness (think Matt Harpring, but without the roid rage). The only downside is that Miller will probably be offered much more money somewhere else, so it's up to him whether he wants to take a pay cut to sign with the world champs.
You can bet everyone in the Lakers camp is hoping he will. Except for Luke Walton, who might have some competition for best hair on the team.