Source: Phil Jackson signs new deal

Updated: August 2, 2010, 10:17 PM ET
By Ramona Shelburne | ESPNLosAngeles.com

Phil Jackson has officially signed a contract to return to the Los Angeles Lakers.

The 11-time NBA champion coach announced on July 1 that he would return for what he called "the last stand for me" but it took until last week to finalize a new contract, according to a source close to the situation.

Terms of Jackson's new contract have not been released. A message left for his agent Todd Musburger Monday evening was not returned.

With Jackson's deal finally in place, the Lakers were able to quickly reach agreements with the rest of his staff. Longtime assistants Brian Shaw, Frank Hamblen and Jim Cleamons are returning and special assistant Chuck Person has officially been added to the staff.

Ramona Shelburne is a columnist and reporter for ESPNLosAngeles.com.

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