This is an interesting scenario, but it doesn't seem like it could work.
The New York Knicks struggled these past few seasons with Derek Fisher as their head coach, thus leading to his firing. Since then, Kurt Rambis has served as the interim head coach while Jackson has become much more involved with the team this season.
Per reports, Jackson could possibly end up coaching the team for next season. But there's a catch:
“There’s even talk Jackson could offer to coach home games next season, with Rambis coaching the road games,” ESPN's Ramona Shelburne reported Monday. “It’s an offer the late Lakers owner Jerry Buss once flatly rejected, but it could be an interesting compromise to hiring Rambis as the head coach next season."
Jackson offered something similar to this when he was with the Los Angeles Lakers, but it was quickly shut down.
We'll see how things go this season for the Knicks, and if Jackson will still be involved with the franchise in the offseason.