Source: Phil Jackson declines Nets

The Brooklyn Nets' next head coach will not be Phil Jackson.

Jackson informed the team that he is not interested in their head coaching vacancy, a source confirmed to ESPNNewYork.com.

The Nets had made the 11-time NBA coaching champion their No. 1 target to replace P.J. Carlesimo.

Carlesimo and the Nets parted ways on Sunday, a day after the team was eliminated at home by the Chicago Bulls in Game 7 of their first-round playoff series.

He went 35-19 during the regular season after replacing Avery Johnson on an interim basis.