Isiah Thomas back in New York as Liberty president

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Isiah Thomas is back at Madison Square Garden. Thomas has been hired to be president of the New York Liberty of the WNBA. Thomas also will have an ownership stake in the team. Garden CEO James Dolan, who owns the Knicks and Liberty and is an unflinchingly loyal Thomas supporter, said he began discussing the role with Thomas in the fall and he has been pleased with the results. “Now, we’ve agreed that it is time for him to take a lead role with the team as president, and through his ownership interest. He’s an excellent judge of talent, and I’m confident that he will put all of his energy and experience into making the Liberty a perennially competitive and successful team,” Dolan said in a statement.

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May 30, 2016 | 6:49 am EDT Update
But we’ve repeatedly heard the Heat’s preference is persuading him to sign under the max (projected to be $21.6 million next season) by selling him on the lack of state income tax, his comfort level here, the roster flexibility created by him taking a bit less; and that Miami can offer 7.5 percent annual raises off the first year salary (compared with 4.5 percent elsewhere). That means a four-year deal starting at $20.7 million with Miami would equal a four-year deal starting at $21.6 million elsewhere.
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