“We signed Mike D’Antoni to a multi-year deal,” Lakers spokesman John Black said, mentioning the team’s owner and top two executives. “Dr. [Jerry] Buss, Jim Buss and Mitch Kupchak were unanimous that Mike D’Antoni was the best coach for the team at this time.”
D’Antoni, 61, coached the New York Knicks last season and the Phoenix Suns before that. He will officially take over the Lakers within a week or two, depending how quickly he recovers from knee-replacement surgery.
The Lakers will introduce their new coach at a news conference as early as Tuesday but more likely later in the week. Bernie Bickerstaff will remain the team’s interim coach for now.
D’Antoni signed a three-year deal for $12 million. The team holds an option for a fourth year.
Jackson was the overwhelming favorite to return to the Lakers until they heard his informal demands, which included a stake in team ownership, according to a person familiar with the situation.