Whose side are you on?
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- August
- 8
Are you at least mildly intrigued by the story about investors calling for the Dolan family to break up Cablevision? Do you have visions of a future that does not include the poster boy for overspending sitting in a baseline seat?
Be careful here.
Should the Dolans ultimately spin off Madison Square Garden, a new era will indeed begin. It would finally include real bottom line accountability. Shareholders are not concerned right now with the millions and millions wasted to make people like Annucha Browne Sanders and Isiah Thomas disappear. They aren’t worried about overpaying for Chris Duhon, either. The sports end of Cablevision’s holdings make up such a small percentage of the overall conglomerate.
All that changes if the Knicks, Rangers and Liberty become a separate entity.
The accounting department would have a say in all decisions because turning a profit is the goal of any business. There won’t be a financial safety net to buy out previous mistakes. So which is the lesser of two evils, James Dolan or the number crunchers?
This entry was posted
on Friday, August 8th, 2008 at 11:49 am by Mike Dougherty.
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The problem with your either or is that we might actually get an owner willing to invest in the team, but who will make smarter moves.
I doubt they would ever sell the knicks, and if they did, James Dolan would probably work it out to buy them outright himself.
oh boy.. this could turn out badly.
and those idiots who constantly yell for dolans departure will have to deal with the same problems so many cities do.
tight purse strings.
dolan is many things. an idiot is one. a cheapskate is not one.
“tight purse strings”?
Only 9 teams will be over the cap this year, 8 not including the Knicks.
Spending like a drunken sailor is not the key to success in the NBA. (See Spurs, Pistons, etc.)
Hey Mike –
I’m surprised there’s no Danilo Gallinari happy b-day thread.
8-8-88
What’s worse? Incompetent ownership who spend freely, or fiscally responsible ownership? What could possibly be worse than the stewardship of the Dolans?