Phil Jackson is no longer interested in joining the front office of the Magic.

Sam Vincent reportedly presented Magic CEO Alex Martins a scenario involving Jackson on Wednesday.

"It drew some interest from Phil," Vincent said. "But in the end, Phil decided to go with another opportunity."

Vincent said Jackson gave him the impression that he doesn't want to coach anymore. 

The Los Angeles Lakers have promoted Glenn Carraro to Assistant General Manager.

Carraro, who spent last season serving in a dual role as both the Director of Basketball Administration for the Lakers and as the General Manager of the Los Angeles D-Fenders, will retain his title of General Manager of the D-Fenders.

Carraro, who has 17 years of NBA experience, has been a member of the Lakers front office staff since 2000. Originally joining the team as the Assistant to the General Manager/Director of Camps, Carraro was promoted to Director of Basketball Administration in 2006. 

Larry Bird revealed that Pacers owner Herb Simon doesn’t like pursing other team’s restricted free agents.

“Me, I’d go after them,” Bird said. “My owner won’t let me. I’d go after anybody. I understand his point of view. If you go after them you’re going to overpay. When we talked about that four years ago, I agreed with him. In a small market, you don’t want to get in a bidding war for players. I would like to. If that’s a rule he’s got, we live by it.”

Bird doesn’t anticipate changing Simon’s mind.

“Absolutely not,” he said.

The Nets have no regrets about trading this year's first-round pick to Portland in exchange for Gerald Wallace.

“Yes,” Nets general manager Billy King said when asked whether he still defends the move, “because I think what Gerald Wallace brings to the table is a lot better than some of the younger guys (available in the draft). They may take two or three years and as I’ve said before, we’re trying to win right away.

“Deron’s getting older, we don’t want to be in a rebuilding process. So we’re going to add some veterans to this roster.”

The Nets’ pick was only protected through the first three spots.

“Obviously, if you have one of those top picks, it’s adding an asset, but I think we have, once again, cap space,” King said.

Bryan Colangelo may be interested in trading Toronto’s lottery pick in next month’s draft in order to bring some proven talent to his roster.

“Obviously if there’s a transaction that warrants moving the pick, we’ll consider that but we’re not actively shopping it,” Colangelo said after league’s draft lottery.

“It’s all going to be a matter of what’s on the board and as you know, the $12 million of flexibility that we have … gives us some options to take on contract,” he said. “It may be committing some or all of the cap space moving forward. We would consider doing that and if it was the right player, a player of a significant caliber, then we would obviously consider upping the ante by including the pick if necessary.”

The Raptors are slotted to pick eighth in the draft.

“Clearly at eight, it expands it (the draft pool) exponentially but that’s what we do,” Colengelo said. “We’ve had a good pulse of this draft. With the lockout-shortened season we had the opportunity to get out and see a lot of games and we’ll take advantage of that now.”

“We actually like this selection at eight,” he said. “Just through some of the preliminary work that we’ve done here over the last four weeks, we’ve walked out of a lot of gyms excited about what we’ve seen.”

Deron Williams denied a report from Yahoo! Sports' Adrian Wojnarowski that had sources claiming he would leave the Nets if they were unable to acquire Dwight Howard.

"I would love to know who (his) source is (because) he knows more about what I'm thinking then I do," wrote Williams on Twitter. "Maybe they can help me decide?"

Williams will be an unrestricted free agent this summer.

Many have speculated that Larry Bird would retire following the 11-12 season, but the chances of that appear to be decreasing.

"Bird definitely sounds like a person who plans to return as long as he and owner Herb Simon remain on the same page," wrote Mike Wells on Twitter, who covers the Pacers for the Indy Star.

Money won't be a factor in Bird's decision, according to Wells. Bird took a paycut from $5 million annually to $1 million this season.

Bird was the recipient of the 2012 NBA Executive of the Year award.

Patrick Ewing has been eliminated from the running to become the next head coach of the Bobcats, according to a source.

Michael Jordan reached out to Ewing to inform him of the decision of the franchise.

Ewing has served as assistant coach with the Magic and Rockets.

Dwight Howard regrets his decision to forgo his early termination option on his 12-13 contract, according to sources

Howard seeks a trade before next season and his camp is applying pressure on the Magic to pursue a deal as soon as a new general manager is in place.

Several GM candidates have been creating trade scenarios involving Howard and proposing them to CEO Alex Marins during the interview process.

If the Nets win the lottery to select Anthony Davis, it will not be enough to sign Deron Williams as a free agent, according to sources.

"It's Dwight Howard or bust," said a league source who has spoken to Williams.

Williams doesn't want to wait for Davis to develop and won't re-sign with the team unless they become an instant contender.

The Nets believe they will be able to retain Brook Lopez in a potential trade with the Magic if they win the lottery.

Sources say Howard regrets opting into his contract and seeks a trade before the 12-13 season. But the Nets become a far less appealing destination if Williams leaves and that is why Howard's camp is putting pressure on the Magic to do a deal once a general manager is in place.