Lakers coach Phil Jackson has made a decision on his future. The Los Angeles Times reports:

Coach Phil Jackson has decided to sign a contract extension that keeps him with the Lakers for two more seasons. Jackson met Wednesday with Jerry Buss and informed the Lakers owner of his decision. Jackson, 62, will get a modest raise from the three-year, $30-million contract he signed in June 2005, which was the richest per-annum coaching deal in U.S. pro sports history. Jackson is expected to make $11 million or $12 million a season in his new deal.

It’ll be interesting to see what type of roster changes the team makes this season and summer.