Updated: November 12, 2012, 7:19 am ET

Source: Jackson Wanted Ownership Stake

By HOOPSWORLD
Basketball News & NBA Rumors

(Phil) 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.

“He was asking for the moon,” said the person, who also declined to be identified because they are not authorized to discuss the situation.

via Mike Bresnahan of the Los Angeles Times

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