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Brown's return to New York: Did settlement set bad precedent?

New Bobcats coach Larry Brown makes his first return to New York, site two years ago of a Knicks implosion and his painful $22 million "haircut," Chris Sheridan writes.

Updated: August 6, 2009, 4:14 PM ET
By Chris Sheridan | ESPN.com

NEW YORK -- In coaching circles, it's referred to as Larry Brown's $22 million haircut -- the amount of money the coaching vagabond forfeited when he accepted a settlement from the New York Knicks after they fired him in 2006 with four years and more than $40 million remaining on his contract.

It was a haircut Brown didn't want to submit to -- feeling it would be a bad precedent for all coaches -- until some arm-twisting by NBA commissioner David Stern convinced him to walk ...

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