Coach K has turned down the Lakers' offer to coach in the NBA and decided to stay at Duke University. According to news reports out of LA, not only did they offer him $8 million a year ($2 million more than Phil Jackson made even after winning 3 NBA titles with the Lakers), they also offered him the post of team president, which would mean total control over all basketball decisions (something Jackson never had), AND a 5% ownership stake in the team, one of the most valuable in all of sports. No wonder he was tempted to take it. But in the end, he couldn't leave the university he loves. Good choice, and I think the Lakers should be happy it turned out this way too. Rudy Tomjanovich will be a better coach than K would have been in that situation.
Listening to a live interview with Coach K tonight on SportsCenter, it seems as if Coach K is happy with his decision. I particularly liked his reasons for staying -- and obviously I'm paraphrasing -- he said he was still in love with Duke. Good for you, Coach K.