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Phil Jackson to Return as Lakers Coach

Phil Jackson (search) is returning to the Los Angeles Lakers (search) in an unlikely reconciliation.

The team has re-hired Jackson as head coach after he was let go by owner Jerry Buss (search) nearly one year ago after guiding the Lakers to three NBA championships in five years.

A news conference is set for two p-m at Staples Center.

Jackson, who will turn 60 in September, has had health issues in the past and underwent an angioplasty two years ago last month. He told ABC-TV before the opening game of the NBA Finals that he underwent four series of tests to make sure his return wouldn't be interrupted.