BREAKING NEWS: New York Knicks Legend Mark Jackson Returns as Co-Owner In a monumental, New York Knicks owner James Dolan and his family has officially declared that Mark Jackson the legendary Point Guard and long-time face of the franchise, will return to the organization in 2025 as a Co..…view more https://supersportsupdate.com/breaking-news-new-york-knicks-legend-mark-jackson-returns-as-co-owner-in-a-monumental-new-york-knicks-owner-james-dolan-and-his-family-has-officially-declared-that-mark-jackson-the-legendary-point-g/

In a stunning and emotional development for New York basketball fans, former Knicks point guard and beloved franchise icon Mark Jackson is officially returning to the organization — this time not as a player or coach, but as Co-Owner.

The announcement was made earlier today by Knicks majority owner James Dolan and the Madison Square Garden Sports Corporation, marking what many are calling a “historic homecoming.” Jackson, who spent much of his playing career as the heart and soul of the Knicks during the late ’80s and early ’90s, is stepping into a major leadership role as of the 2025 season.

Jackson’s return is being celebrated not only for its emotional resonance with longtime fans, but also for the potential shift it signals in the Knicks’ ownership and basketball culture. Known for his gritty leadership, court vision, and deep New York roots, Jackson brings with him decades of experience — both on the floor and from the broadcast booth and coaching bench.

“This is more than basketball. It’s about legacy, it’s about home,” Jackson said during the official press conference. “To be back where it all started, in a position to help guide the future of this iconic franchise — it’s truly a blessing.”

Sources close to the organization say Jackson will be involved in both business and basketball operations, though exact details of his stake and role have not been publicly disclosed. What is clear, however, is that Dolan and the Knicks brass are signaling a new era — one that reconnects with the team’s rich history while looking toward a brighter, more unified future.

Reactions from around the league have been swift and overwhelmingly positive. Former teammates, NBA legends, and fans alike have taken to social media to express their excitement, many calling it “the best move the Knicks have made in decades.”

For a franchise long haunted by inconsistency and missed potential, the return of Mark Jackson could mark a turning point — and for fans in the Garden, hope is once again alive in the Mecca of Basketball.