Why James Dolan may be forced to sell the Knicks

New York Knicks owner James Dolan, a successful businessman, knows how to run a company. But the changing sports media market may finally force him to sell the Knicks. There is no doubt New York Knicks owner James Dolan raised an eyebrow when the Houston Rockets sold for $2.2 billion. Similarly, he surely took notice when the Los Angeles Clippers sold for $2 billion to Steve … Continue reading Why James Dolan may be forced to sell the Knicks

A Wall Street Insider Says James Dolan Could Possibly Sell The Knicks

Getty Image With the Rockets selling for $2.2 billion to Tilman Fertitta, more than half a billion more than their 2017 Forbes valuation of $1.65 billion, it’s clear that the market for NBA franchises has never been bigger. Now that Houston is off of the market, the Nets are expected to be the next team to change ownership as Mikhail Prokhorov has reportedly been shopping … Continue reading A Wall Street Insider Says James Dolan Could Possibly Sell The Knicks

Why Jim Dolan Could Sell New York Knicks

After the $2.2-billion sale of the Houston Rockets, an unloading of the New York Knicks by owner Jim Dolan could be a slam dunk. Madison Square Garden Co (NYSE: MSG) and live entertainment are the Dolan family’s focus, and the company’s executive chairman has said sports are in a “bubble” and face shrinking revenues, BTIG Research analyst Brandon Ross said in a note. The company … Continue reading Why Jim Dolan Could Sell New York Knicks