James L. Dolan, 64, has overseen a management of tumultuous of the New York Knicks. His two decades in office have been defined by the management incompetent, the behavior is mean-spirited and loss. Despite spending large amounts of money on high-profile figures in the NBA, Dolan is a pariah in the Madison Square Garden, firmly between the owners more obnoxious in sports.
How, then, amounted to this volatile rocker blues to his throne?
In 1977, Gulf and Western Industries acquired the control of the Madison Square Garden Company and its properties, including the Knicks and New York Rangers. In 1989, Gulf + Western became Paramount Communications, which Viacom acquired in 1994 only to download their properties MSG to Cablevision and ITT Corporation.
The father of Dolan, Charles, was a magnate of cable of New York city that introduced the games of the Knicks and the Rangers in waves of cable at the beginning of the 1970s (and began HBO) before founding Cablevision (even though you never practiced sports). James trained through several concerts in the company of his father, selling subscriptions and time advertising, launching a radio station in sports in Cleveland, before being appointed CEO in 1995. “When asked why Jim was the son elevated to CEO, Chuck once said:” Primarily it was because no one else wanted ‘”, wrote the magazine New York Magazine.
In 1997, Cablevision bought out ITT Corp. for $ 600 million, giving the Dolans the full control of the Knicks. Two years later, Dolan became president of MSG and the main boss of the day-to-day of the sports teams and the networks sports regional. The Knicks made a career of surprising to the NBA Finals that year.
In 2010, Cablevision spun-off the Knicks, the Rangers and other assets in the Madison Square Garden Company. Dolan served as CEO of Cablevision until June 2016, when Charles sold it to Altice for $ 17.7 billion.
Today, Dolan is titled officially as president and CEO of The Madison Square Garden Company, including MSG Sports and MSG Entertainment, and executive chairman of MSG Networks.
The native of Massapequa is a fan of the whole life of the Knicks, but his decisions and his behaviour as a landlord, in addition to writing checks, do not indicate this. However, despite the poisonous reputation of Dolan, the Knicks retained their place at the top of the list of valuations of franchises in the NBA by Forbes.
In any case, “I Sell the team!” chants will continue raining, but, unfortunately for fans of the Knicks, there is no end in sight.