Knicks reportedly lost out on Kerr with lowball offer
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That original offer was for three years and $13.2 million, according to the New York Post's Marc Berman, and it kept Knicks president Phil Jackson from getting his top candidate.
The Post has learned Jackson's initial offer to Kerr was a lowball of three years, $13.2 million.
Kerr wound up agreeing to terms with Golden State on a five-year, $22 million contract — not the $25 million that was widely reported.
Had the Knicks originally offered Kerr five years, $22 million — $4.4 million a year — he probably would have closed the deal before Golden State could reenter the fray.
In a vacuum, New York deciding not to pay huge money for an unproven coach like Kerr isn't irrational, nor too concerning.