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Phil Jackson Could Be Offered Huge Deal To Coach New York Knicks, According To Report

Carmelo Anthony and Amare Stoudemire have both supported New York Knicks coach Mike Woodson, giving their votes of confidence to the interim coach who helped turn around the Knickerbockers' season. But regardless of how well Woodson coaches, rumors will fly that the Knicks want a bigger-name coach to take over after this season.

Related: Knicks Face Clippers Wednesday Night

The latest rumor sounds a little far-fetched, if only for the amount of money the Knicks are reportedly prepared to offer Phil Jackson. According to the Racine Journal-Times, the Knicks are willing to offer Jackson an enormous contract if they are knocked out in the first round of the NBA playoffs.

If the Knicks don't advance beyond the first round of the playoffs, I'm hearing they'll make a major -- repeat, major -- push to lure legendary coach Phil Jackson out of retirement. With money being no object, the scuttlebutt is the Knicks brass may offer the 'Zen Master' a four-year, $50 million deal.

For more on the Knicks, please be sure to check out our blog Posting And Toasting aliong with SB Nation New York for all the latest news and updates.