Phil Jackson faces another critical offseason running the New York Knicks.

While Jackson's challenge last summer was to re-sign Carmelo Anthony, he must decide what to do with a high lottery pick this year.

"We hope that it's a rejuvenation for our team," said Jackson of the Knicks' impending offseason.

Jackson reiterated that he'd consider trading the Knicks' first round pick but that he'd prefer to develop the pick into a franchise talent.

Jackson also said how quickly NBA teams can improve.

"Getting two or three players with talent changes your direction quickly," said Jackson.

Jackson is also looking forward to the rising salary cap.

"We're moving into a new direction of free agency."