“We have been informed by the Knicks that Isiah Thomas has rescinded his consulting agreement with the team. As a result, it is not necessary for the league to take any formal action on the proposed arrangement,” Stern said. “However, we have reminded the Knicks of NBA rules that prohibit team personnel, including consultants, from having contact with players not eligible for the draft.”
...
The decision should calm members of the basketball community who questioned the partnership. Among them was Duke coach Mike Krzyzewski, who said he would decline an offer to be a paid consultant of an NBA team.
“I don’t think you can be in both worlds, in an official basis. I think that makes people in both worlds somewhat angry about it, or concerned,” Krzyzewski said. “You’re getting a leg up, and in college we definitely shouldn’t do that.”
- Thomas won’t return to Knicks as consultant, AP, August 11, 2010.
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