Steve Kerr could be announced as the new head coach of the New York Knicks as early as this week but there could be one wrinkle in Phil Jackson's plan.
According to Marc Berman of the New York Post, Kerr still owns a very small amount of the Phoenix Suns from his days as the team's general manager.
Under NBA rules, Kerr would first have to sell that amount before becoming a coach for any other team.
Berman reports: "The Post has learned Kerr still owns a tiny piece of the Suns — believed to be less than 1 percent — which he will have to divest. The NBA will grant him an allotted amount of time to sell his piece."
Kerr has been widely rumored to be the leading candidate for the New York Knicks head coaching job in addition to the now vacant Golden State Warriors position.
It now seems very clear that Kerr will be a head coach somewhere in the league next season, it is just a matter of on which team and how long it takes.
This hurdle should be able to be easily negotiated and fully expect Kerr to be on the NBA sidelines this winter.