James Dolan, the owner that Knicks fans love to hate, m…

James Dolan, the owner that Knicks fans love to hate, may be laying the groundwork for a sale of the franchise. Shares in Madison Square Garden Co. soared on the news. Late yesterday Dolan announced he was exploring a spin-off that would separate the Knicks and the Rangers from the rest of Madison Square Garden. While Dolan would remain in charge of the teams, at least at first, putting them together in a separate public company would offer him the chance to whittle down his stake easily if he chooses. Dolan is understood to be more interested in music and building cutting-edge entertainment venues than sports. “He wants to be more Elon Musk than George Steinbrenner,” an analyst told Crain’s in an article last month.
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June 21, 2021 | 7:41 pm EDT Update
The final year, the Hawks had a Rookie of the Year NBA legend — Bob Pettit, but left for St. Louis where they won a championship a few years later. “There were a number of reasons why the Hawks didn’t make it here,” Sell said. “The most obvious being the NBA wasn’t anywhere near the league is today. The Hawks also finished in last place all four years they were here.” News clippings from the time show the attendance usually hovered at around 1,000 fans, no match for the other pro team in town. Tickets sold for $1.
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June 21, 2021 | 5:57 pm EDT Update