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The 7 - Basketball - The Knicks might be up for sale soon. Register and log in to post!
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#1 Posted on 7.3.05 0928.02
Reposted on: 7.3.12 0929.01

Crain's New York Business reported on its website last night that Jets owner Woody Johnson and former Yes Network honcho Leo Hindery might be interested in purchasing the Knicks if Cablevision puts them up for sale. Johnson and Dolan have warred over the West Side Stadium proposal.

James Dolan raised eyebrows last month when he left open the door to stepping down as Knicks owner. Reports of a feud with his father have been rampant.

When asked if he expected to remain owner, Dolan said: "Now that's a really good question. As far as I know I'm going to be. Do you ever read the rest of the newspaper you write for? It's called he business section. If you read that, the company is clearly going through changes. I know of no plan to change the ownership for the Knicks or change my position at my Garden. I would have something to say about it if we did. But we've had no discussions about that.

There IS a God. Sell, sell, sell.


There's this snippet from the AP also...

The board of directors of Cablevision, the Knicks' corporate owner, is expected to meet Monday, and there has been some speculation that the Knicks might be put up for sale. James Dolan, chairman of Madison Square Garden and CEO of Cablevision, is engaged in a power struggle with his father, Charles Dolan, who appointed four new members to Cablevision's board of directors last week.

(edited by Kawshen on 7.3.05 1033)
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#2 Posted on 7.3.05 1522.37
Reposted on: 7.3.12 1529.01
and there is this ( from yesterday's NY Post Business Section that goes more deeply into the feud between the father & son. Charles and Jimmy are basically feuding over Voom and the result of the board vote today could determine Jimmy's fate. Charles has exercised his option to name 75% of the board and could oust Jimmy from a board seat thus forcing him out as the head of MSG. As a Knick & Ranger fan, I would say good riddance as he has done nothing but crap all over the collective franchises from Day 1 of his involvement.

I'm cheering for the old man......

Edit on Thursday - Round 1 ( goes to the Old Man as the board of directors have given him more time to complete his Voom deal. No mention in the article about the Knicks but it does rehash some more of the bitterness between father & son.

(edited by dunkndollaz on 9.3.05 0811)
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