Stefan Bondy: James Dolan releases statement saying he’s searching for a Knicks president and also says he’s not selling the team pic.twitter.com/TirKu2j0tM
Before heading off to an event, Silver addressed a persistent rumor that is on the mind of every New York basketball fan: Will owner James Dolan sell the Knicks? The exec was slightly less outspoken with his response. “I have no reason to believe he is going to sell the Knicks because it’s a public company and he said he’s not selling the Knicks,” he offered.
Aspiring chef Charles Oakley just served up some juicy NBA gossip regarding the Knicks. Last week during a pilot The Ringer filmed called “Tough Chef with Charles Oakley,” the former Knicks big man said Amazon CEO Jeff Bezos is interested in buying the team. “I heard that. Jeff Bezos wants to buy the Knicks,” Oakley told The Ringer’s Bill Simmons and Jason Concepcion. “He was going to try Amazon in Long Island, and he went to Virginia. He still (wants) to do some real estate in New York. Why not buy the Garden?
Mike Vorkunov: Knicks owner James Dolan, on ESPN Radio: "Just for the record: I am not selling the team and I am not quitting."
Dolan and his business partner/friend/muse, Eagles manager Irving Azoff, are building and renovating entertainment venues around the world. That’s Dolan’s true love. Sports are a hobby, one that he’s hasn’t mastered. “I don’t see him selling because it keeps him relevant,” said a person close to Dolan. “It makes him matter. Maybe at some point, but not now.”
According to Simmons’ sources, owner James Dolan is seriously considering selling the Knicks. “Multiple people told me this, who know things. James Dolan is courting offers for the Knicks,” said Simmons. “It’s happening. It’s on. It’s go-time. He’s courting offers for the Knicks. That’s what I heard at All-Star weekend from people I trust.”
Wow. “This is what I’ve pieced together. [Dolan] really cares about the buildings and the in-game/in-concert experience. And he wants to put even more money into that,” Simmons explained. “The Knicks are just a pain in the a--, people s--t on him for it. He feels if he can just sell the Knicks for some crazy price, then he can put the money into that music/in-game experience stuff that he cares about. So, the Knicks are available.”
New York Knicks owner James Dolan, who has put the New York Liberty up for sale, said he couldn't rule out selling the Knicks if the right offer came along. Dolan, who is chairman of Madison Square Garden and also owns the New York Rangers, told ESPN's Ian O'Connor in a wide-ranging interview released Monday that there have been "feelers" of offers upward of $5 billion for the Knicks, but that "no one has come through with a bona fide offer."
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.
It’s been a trying week, so let me treat you to something nice. Watch the stock price for The Madison Square Garden Company do a little jig over the last two days: What could explain this spike? Probably the announcement, late Wednesday, that James Dolan, chairman and CEO of MSG, is considering spinning the Knicks and the Rangers off into a separate company, which would smooth the path for an eventual sale of both teams, per a Crain’s report. This suggests that there may be a day, perhaps even in the not-so-distant future, when those teams are no longer owned by James Dolan. The aspiring bluesman, profiled by our own Dave McKenna in 2016, is said to be bringing his business life in alignment with his true passions.
May 18, 2021 | 2:25 pm EDT Update
Mike Finger: Just noted to Rudy Gay that, technically, he doesn’t have a contract beyond tomorrow. “I’ve thought about it once or twice,” he said.
Tom Orsborn: Rudy on what factored into his strong play down the stretch of the regular season: “Just playing free, playing with a little bit of desperation, trying to just manage my time better, going out there and leaving it all out there.”