NBA rumors: James Dolan courting offers to sell Knicks?

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.”

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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.
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June 20, 2021 | 10:02 am EDT Update

Marc J. Spears: 'Kyle Kuzma already looks like he's on his way out'

According to NBA insider Marc J. Spears, the 31-year-old point guard will most likely be moved by the Thunder. He thinks that the Los Angeles Lakers should try to get him. Spears also revealed that Kyle Kuzma appears to be leaving the 2020 NBA champions. “Man, I can’t see Kemba playing there. If I’m the Lakers, man, why not try to go after Kemba. To me it makes a lot of sense. Kuzma already looks like he’s on his way out,” Spears said on ESPN’s The Jump.
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After signing with Brooklyn for the veteran’s minimum, several NBAexecutives believe Green will earn a pay raise this summer.Executives estimated his value is currently at $3-6 million annually. “Green and Griffin probably won’t get more than the bi-annual exception,” oneexecutive projected. “I think Green will be a tax-payer mid-level exception guy,” another executive countered.
According to rival NBA executives, Brown’s value could range anywhere from $4-7 million annually. There’s a belief he’s valued more highly in Brooklyn and may not fit well in a different role elsewhere due to his unique role with the Nets. “Brown will get less than the taxpayer mid-level exception,” an NBAexecutive told HoopsHype. “He’s a 6-foot-4 power forward for Brooklyn. Not many teams can use him like that.”