My crystal ball:
I'm New York Knicks management. I call Lebron. I tell him he can be the one to lead the Knicks back to the glory days of Clyde the Glide and Willis Reed. I tell him Jeter owns New York, but he's getting older and Lebron can own the town, the greatest city in the world (NY hype) for years. I tell him I have a coach in mind.
I call Phil Jackson. I remind him of the Frazier and Reed glory days of the 70's when he was a valuable role player on the team. I tell him he needs to come home and put the final stamp on his coaching greatness (Auerbach is rolling in his grave) in the city where he won as a player with the newest best player in the NBA.
Note: The Knicks are 37M under the cap. They've been sitting on this moment for a year.