Big Apple, welcome 11 rings.

Does the heart come with it?

CBS' New York affiliate, citing an NBA TV report, stated that Phil Jackson has agreed to become the New York Knicks' new president of basketball operations.

According to the CBS affiliate, Carmelo Anthony said Jackson's hire would not affect his decision whether to remain in New York after this season or test the free agent market but had praise for Jackson's resume of success.

"You can always use Phil Jackson inside or whatever - his philosophy, his mindset, his resume, what he brings to the game, what he brings to a team or organization, that goes without even saying," Anthony said.

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Reports also have circulated, including one from Sports World News, that Jackson would bring aboard Steve Kerr as coach. Kerr played for Jackson when Jackson was coach of the Chicago Bulls and knows Jackson's preferred triangle offense.

Former NBA Hall of Famer and current TNT analyst Charles Barkley told the CBS affiliate that Jackson knows he has a rebuilding project, rather than a reloading project.

"No matter what Carmelo does, they've got a bunch of bad contracts on their team," the TNT analyst told CBS 2, "so they're looking at a two- or three-year thing."

CBSSports.com is skeptical, however, that Jackson will be the Knicks' saving grace:

"Jackson's living arrangements and the extent of his day-to-day role have been the final sticking points in the agreement, league sources say. And that should tell you everything you need to know about why this partnership is doomed from the start.

It doesn't sound like Jackson, 68, is going to fully immerse himself into the tangled web that is Madison Square Garden on a full-time basis, unravel it, and start from scratch. That is what the Knicks need. That is what Jackson needs to do if he hopes to succeed."

CBSSports.com quoted a rival NBA executive as saying, "You have to live the job to really make an impact."

Is Phil Jackson's hire a good move for the Knicks? Tell us @SportsWN