The Knicks May Have Lost Steve Kerr Over Five Million Dollars

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How close was Phil Jackson and Knicks management to actually signing Steve Kerr to coach to a multi-year deal to coach the team?

Well, here's the Knicks best offer, courtesy of Ian O'Connor of ESPNNewYork.com:

The #Knicks best offer to Steve Kerr was 4 years for approx. $20 million, according to a league source.

— Ian O'Connor (@Ian_OConnor) May 15, 2014

And here's what Kerr eventually signed for as the new coach of the Golden State Warriors:

Steve Kerr has agreed to a 5 year, approximately $25 million deal with Golden State, source tells Yahoo.

— Adrian Wojnarowski (@WojYahooNBA) May 15, 2014

So, despite how deep into negotiations the two sides were for what has seemed like weeks, one year and $5 million may have been the clincher in Kerr's decision to take his talents to the Bay Area.

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