James Dolan Rumors
The New York Knicks were dealt a devastating blow Tuesday night with the ACL tear in the left knee of All-Star forward Kristaps Porzingis. Small solace to long-suffering fans that the Knicks are the most valuable NBA franchise for the third straight year. The team is now worth $3.6 billion, up 9% over last year and sixth highest in the world across all sports. The Knickerbockers continue to profit from the $1 billion renovations to their home arena, Madison Square Garden, which produced new revenue opportunities from sponsorships and seating.
The New York Liberty are remaining under the control of New York Knicks owner James Dolan and Madison Square Garden for now. The WNBA team was put up for sale in November. An MSG executive confirmed to The Associated Press on Tuesday that Dolan’s group has decided to keep the Liberty at this time.
Billionaire MSG boss Jim Dolan and his wife, Kristin, have split after 15 years of marriage, they exclusively confirmed to Page Six. “After much contemplation,” James and Kristin say that they have decided to separate. They said in a statement: “While this decision was a difficult one, we have a great deal of regard for each other and will continue our relationship as business partners and co-parents. Our children remain the center of our lives and their well-being is our top priority. It is in this spirit that we sincerely ask that their privacy and the privacy of our family be respected during this transitional period in our lives.”
The people in courtroom 905 at the U.S. Courthouse in lower Manhattan were told to rise at about 2:35 Friday afternoon. U.S. District Judge Richard J. Sullivan entered and took his seat, and the next step in Charles Oakley’s civil suit against James Dolan and Madison Square Garden was underway. Oakley and Dolan weren’t there. But lawyers for the former Knicks forward and the Knicks owner were. It marked the first appearance before the judge in the case. This was a pre-motion conference.
The motion will be from the defendants to dismiss Oakley’s suit for monetary compensation over 10 causes of action, among them defamation, libel, slander, assault, battery, false imprisonment and denial of public accommodation.
Donald Trump’s approval ratings are in the tank, but apparently nothing can sap James Dolan’s enthusiasm. According to public records uncovered by the website Amplify, the Knicks owner already pledged $125,000 to get Trump re-elected in 2020. This was after the Daily News reported last year that Dolan donated over $300,000 to Trump’s 2016 election efforts. Dolan’s most recent contribution was Sept. 28.