As has been widely reported tonight, the controlling stake in the Sacramento Kings has been sold to a Seattle-based group for roughly $340 million, with plans to move the Kings to Seattle to reclaim the Seattle Supersonics.
According to a source connected to Peter Vecsey, should the deal go through, Phil Jackson will join the Sonics in a non-coaching role:
Source says almost living lock Phil Jackson will become front office face of Seattle-bound Kings' franchise. Won't coach. Will mentor choice
— Peter Vecsey (@PeterVecsey1) January 21, 2013
Phil Jackson is allegedly Brooklyn Nets owner Mikhail Prokhorov's top target for head coach, and according to some reports would have contacted him after the season about his interest in the coaching job.
The sale to the Seattle-based group is not finalized, and Sacramento-based groups still have time to make a counter-offer to keep the Kings in Sacramento.