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08:05 AM ET 11.12 | Another installment of a Phil Jackson era won't be happening. 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. The Lakers then moved quickly to sign [Mike D'Antoni]. ... Earlier Sunday, Lakers guard Steve Nash said it would "be a coup" for the Lakers to bring back Jackson, but he also had kind words for D'Antoni. "Obviously, I think everyone knows how much I love Mike," said Nash, who played four seasons and won two MVP awards under D'Antoni in Phoenix.

Phil Jackson, Getty Images

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November 12, 2012 08:13 AM ET

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He wanted jamario moon?

Onion

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November 12, 2012 08:15 AM ET

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Jackson was counting on his past carrying him to the future.................

He asked way too much..................

And was shot down..............

Mickey Bad Arse

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November 12, 2012 08:19 AM ET

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He didn't want to coach again... and this was his way of letting it be known.

He's done.

Otis B. Driftwood

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November 12, 2012 08:20 AM ET

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QUOTE(#2):

Originally posted 08:15 AM ET 11.12 by Mickey Bad Arse

Jackson was counting on his past carrying him to the future.................He asked way too much..................And was shot down..............

Truuuuuue.

Klockwork33

Chicago , IL

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November 12, 2012 08:31 AM ET

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So somehow Mike2 is > Mike1??

If Lakers didn't land Phil, this whole fiasco is a total distraction. OKC is settling down, and will be a threat.

ESPN

Atlanta , GA

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November 12, 2012 08:35 AM ET

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BOTH SIDES HAVE SHOT THIS DOWN....THEY SAY PJ DIDNT ASK FOR HALF THAT CRAP REPORTED..

Luvher_501

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November 12, 2012 08:43 AM ET

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QUOTE(#1):

Originally posted 08:13 AM ET 11.12 by Onion

He wanted jamario moon?

Ha!

ClevelandGuy

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November 12, 2012 08:44 AM ET

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QUOTE(#3):

Originally posted 08:19 AM ET 11.12 by Otis B. Driftwood

He didn't want to coach again... and this was his way of letting it be known. He's done.

I really dont blame the Zen Master for asking a percentage of ownership. They could have given him 5% or something. Thats fair!

ClevelandGuy

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November 12, 2012 08:49 AM ET

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QUOTE(#16):

Originally posted 08:46 AM ET 11.12 by Mecca of asta Vinny!

Like the Wizzards did for Jordan...

both sides have refuted this ....

Luvher_501

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November 12, 2012 08:51 AM ET

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Yet another dumb move by Jim Buss, not saying that Mike D'Antoni is not a good fit, but definitely Jackson is a better choice

JIGSAW

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November 12, 2012 08:52 AM ET

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But seriously, if D'Antoni couldn't handle Melo and Stot etc, can he really handle Kobe and Howard? Let's us all take a guess as to how long he will be there! My guess is this year only! He will be gone by next year.