Phil Jackson returns to Knicks as team president

Phil Jackson has returned to the New York Knicks as their team president.

The Knicks announced Jackson's hiring Tuesday at a news conference in the lobby of Madison Square Garden, where a giant sign reading ''Welcome Home Phil'' was overhead and shirts with the No. 18 Jackson wore as a player lined the racks in the merchandise store.
Associated Press

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: Phil Jackson stands for photos during his introductory press conference as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

Jackson and New York Knicks owner Dolan laugh during news conference announcing Jackson as team president of the New York Knicks basketball team at Madison Square Garden

Phil Jackson (R) and New York Knicks owner James Dolan laugh during a news conference announcing Jackson as the team president of the New York Knicks basketball team at Madison Square Garden in New York March 18, 2014. REUTERS/Shannon Stapleton (UNITED STATES - Tags: SPORT BASKETBALL BUSINESS)

Filmmaker Spike Lee listens as New York Knicks new team president Phil Jackson addresses a news conference where he was introduced, at New York's Madison Square Garden, Tuesday, March 18, 2014. (AP Photo/Richard Drew)

New York Knicks new team president Phil Jackson, center, poses for photos with team owner James Dolan, left, and general manager Steve Mills, during a news conference where he was introduced, at New York's Madison Square Garden, Tuesday, March 18, 2014. (AP Photo/Richard Drew)

A New York Knicks store employee arranges Phil Jackson t-shirts prior to a news conference where he was introduced as the new president of the New York Knicks, Tuesday, March 18, 2014 in New York. Jackson, who won two NBA titles as a player with the Knicks, also won 11 championships while coaching the Chicago Bulls and the Los Angeles Lakers. (AP Photo/Mark Lennihan)

James Dolan, left, executive chairman of Madison Square Garden, smiles as he introduces Phil Jackson as the new president of the New York Knicks, Tuesday, March 18, 2014 in New York. Jackson, who won two NBA titles as a player for the New York Knicks, also won 11 championships while coaching the Chicago Bulls and the Los Angeles Lakers

James Dolan, left, executive chairman of Madison Square Garden, smiles as he introduces Phil Jackson as the new president of the New York Knicks, Tuesday, March 18, 2014 in New York. Jackson, who won two NBA titles as a player for the New York Knicks, also won 11 championships while coaching the Chicago Bulls and the Los Angeles Lakers. (AP Photo/Mark Lennihan)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: Phil Jackson looks on during his introductory press conference as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: James Dolan, Executive Chairman of Madison Square Garden, answers questions during the press conference to introduce Phil Jackson as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: James Dolan, L, Executive Chairman of Madison Square Garden, and Phil Jackson laugh together during the press conference to announce Jackson as the new President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: Phil Jackson answers questions during the press conference to introduce him as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: Phil Jackson shakes hands with James Dolan, Executive Chairman of Maidson Square Garden, during his introductory press conference as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

Jackson looks on during a news conference announcing him as the team president of the New York Knicks basketball team at Madison Square Garden in New York

Phil Jackson looks on during a news conference announcing him as the team president of the New York Knicks basketball team at Madison Square Garden in New York March 18, 2014.REUTERS/Shannon Stapleton (UNITED STATES - Tags: SPORT BASKETBALL)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: Phil Jackson looks on during his introductory press conference as President of the New York Knicks at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)

New York Knicks Press Conference

NEW YORK, NY - MARCH 18: A display screen on 7th avenue welcomes Phil Jackson before his introductory press conference at Madison Square Garden on March 18, 2014 in New York City. (Photo by Maddie Meyer/Getty Images)