The pitch for Phil Jackson to run the Orlando Magic isn’t dead just yet.

Five days after the Orlando Sentinel reported that the former Lakers and Bulls coach with 11 championship rings had “bowed out” of a plan to be the lead personnel man for the Magic, two sources close to the situation told SI.com that a revised version of the proposal that still included Jackson’s involvement was submitted to the team Tuesday morning.

According to the sources, the latest version of the proposal has Pacers assistant and ex-Lakers assistant Brian Shaw coaching the team and Hall of Famer and Bulls ambassador Scottie Pippen as the lead assistant. And as if Jackson’s potential price tag wasn’t daunting enough (he earned $12 million in his last year with the Lakers), one of the sources said he is asking for a slice of minority ownership in the franchise as well.

via Sam Amick of Sports Illustrated