Curtain falls on Jackson's dismal Broadway show

NEW YORK - Phil Jackson wanted to trade Carmelo Anthony and wouldn't rule out dealing Kristaps Porzingis.

As it turns out, the man who was charged with leading the New York Knicks back to respectability is the one leaving.

Jackson is out as team president after overseeing one of the worst eras in franchise history, with the team saying in a statement on Wednesday that they had "mutually agreed to part company."