Phil Jackson Outlines the Rewards and the Risks of His Newest Knick: In message and tone, Phil Jackson did not sugarcoat or oversell the most intriguing trade he has made as the Knicks’ team president. Speaking quietly, almost somberly, with reporters before the N.B.A. draft on Thursday night, Jackson said, of the newly acquired Derrick Rose: “We know he’s had issues. There’s always risk-reward in this business.” -- The New York Times

Phil Jackson shows Carmelo Anthony he wants to win now: In making the blockbuster move for Derrick Rose, Knicks president Phil Jackson acknowledged it was partly done with an eye on Carmelo Anthony’s timetable to win now, but admitted the deal was “risk-reward.” -- New York Post

Knicks start wooing undrafteds after failing to buy pick: The New York Knicks had just five players on the roster entering draft night Thursday and without a draft pick or a point guard other than the newly acquired Derrick Rose. Knicks president Phil Jackson had hoped to purchase a mid-to-late second-round pick, but with the price soaring well past $2 million, he passed. -- New York Post

Knicks must speed up to make Derrick Rose work in offense: There was a lot of discussion Thursday about speeding up the Knicks’ offense and why that was a big reason Phil Jackson traded for Derrick Rose. “He’s one of the guys that’s decisive and aggressive,” Jackson said at the Knicks’ practice facility. “He has a highly competitive level to his game.” -- New York Post

The Knicks’ free-agency plan, with Kevin Durant a ‘pipe dream’: While Knicks president Phil Jackson plans to do his due diligence on Kevin Durant and get a sitdown, he considers signing the highly coveted free agent “a pipe dream,’’ according to sources. Jackson has prioritized splitting the Knicks’ $30 million-plus in cap space on Bulls’ free-agent center Joakim Noah and a starting shooting guard, according to an NBA source. -- New York Post

Knicks president Phil Jackson told Derrick Rose that he’s going after Kevin Durant next: Derrick Rose was never big on playing free agent pitchman for the Chicago Bulls, whether the target was LeBron James all the way back in 2010 or Carmelo Anthony two summers ago. But Phil Jackson believes that by acquiring the former MVP point guard for one starter, a rookie and a veteran with an expiring contract, the Knicks enhanced their bid to land the biggest free agent on the market, Kevin Durant. -- New York Daily News

Knicks not celebrating Derrick Rose trade, Phil Jackson realizes that there’s more work to do: On the heels of his franchise-altering trade, Phil Jackson wasn’t in the mood for declarations or creating a pep rally atmosphere. Those things are hard to do with only five guaranteed contracts on the roster. -- New York Daily News

Phil Jackson, Knicks have high hopes for Derrick Rose: Phil Jackson says the Knicks needed an assertive attacking guard to lead them and that Derrick Rose’s acquisition not only accomplishes that but has reinvigorated Carmelo Anthony. -- Newsday

Zen Master spins wheels sans a title: When Phil Jackson arrived for his introductory news conference a little more than two years ago, it was a standing-room only event at Madison Square Garden, a celebratory event with Chase Square adorned in balloons and video boards, and it seemed just a matter of time until there would be championship celebrations. -- The Record