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The New York Post was first to report on the divorce’s impact on the Tsais’ assets. The Tsais acquired a 49% ownership stake in the Nets and the Barclays Center rights in 2018. A year later they consolidated ownership at a $3.3 billion valuation, at the time the highest price ever paid for control of a U.S. sports franchise. The family bought the Liberty that same year, from James Dolan, for between $10 and $14 million, Sportico previously reported. Both assets have appreciated significantly. The Nets and arena assets are now worth $6.22 billion, per Sportico’s numbers. The Liberty are now worth $600 million.
Jalen Brunson isn’t sure yet if his New York Knicks will visit the Trump White House after winning the NBA championship and thought it was “really cool” that Taylor Swift was cheering on the team courtside at Madison Square Garden during Game 4 of the NBA Finals. As for Swift’s star-studded wedding at MSG and the rumors that the Knicks’ starting five were invited? He found out the same way the rest of the world did (online) but feels his team’s play may have influenced her choice of wedding venue.
As for whether the Knicks will visit the Trump White House, as their owner James Dolan indicated, Brunson can’t say for now. “That’s something that we actually haven’t discussed as a team. And so obviously, people are making assumptions and saying everything, but together we haven’t discussed it yet. And so we’ll cross our bridge when we get to it.” When Brunson was informed that if they do visit, they’d be the first NBA team to visit the Trump White House, he replied, “Interesting… Interesting.”
Brunson, on hand with his wife, Ali Marks Brunson, accepted his award on the David H. Koch Theater stage while dressed to the nines in a tuxedo. “First and foremost, I want to thank my family for sacrificing everything day in and day out,” Brunson said. “Thank you to [owner] Jim Dolan and the Knicks organization, [president] Leon [Rose], the front office, Mike Brown, my teammates — without them, none of this would be possible; they allow me to be me. I’m forever indebted to them.”
Pablo Torre Finds Out: NEW: MSG's V.I.P. database assigned "risk" scores to Knicks super-fans (and Taylor Swift wedding guests), including celebs who posted about owner James Dolan, according to @Wired. We got a first look at why "shocking" names made the list.
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A new era has arrived for Madison Square Garden Sports Corp. — and it begins with the Rangers. MSG executive chairman and CEO James Dolan is handing over the day-to-day ownership responsibilities for the Blueshirts to his son Quentin, The Post has learned. This begins the process of passing the torch to his children, which Dolan has said he’s always hoped to execute. Indeed, for the first time since assuming control of both the Knicks and the Rangers 27 years ago, Jim Dolan is scaling back his involvement with one of his teams.
A source said Quentin Dolan’s promotion with the Rangers does not change anything for the Knicks. All is status quo for MSG’s NBA championship team, with Jim Dolan remaining in his executive chairman role.
Ian Begley: From a Knick perspective, club has a ton of appreciation & respect for Mitchell Robinson as he departs for Boston, per source familiar with matter. Robinson's exit is seen a casualty of the situation re: NYK holding team salary under 2nd apron. Robinson, a 2nd-round pick eight years ago who played pivotal role in Knicks developing into NBA champs, leaves indelible mark on franchise. Club could not have come close to Boston's offer to Robinson while also staying under second apron. Knicks owner James Dolan said the club would stay under second apron in team salary in interview with WFAN a few weeks ago .
Don’t rule out a Jordan Clarkson reunion. Despite James Dolan’s mandate to stay under the second apron, Clarkson’s re-signing is “still a possibility,” a source told The Post. Clarkson, 34, will become an unrestricted free agent Tuesday after one eventful season with the Knicks, which ended with a championship but included erratic playing time.
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The Knicks’ front office knows this. And yet, it also understands that dipping below the second apron would lead to much of its depth flocking elsewhere, which is why, despite Dolan’s desires, it wants to go over the second apron, according to league sources, who were granted anonymity to speak freely. But so far, Dolan has not changed his mind.
Stefan Bondy: Heard it’s unlikely Mitchell Robinson will be back with Knicks next season. He’s longest tenured Knick but also an unrestricted free agent. Owner James Dolan said he’s unwilling to pay into second apron so running it back with bench is not feasible.
But did it change how he views his other professional sports franchise, the New York Rangers, and what it will take for them to end their 32-year-and-counting Stanley Cup drought? “That’s a big thing,” Dolan said last week, when the subject of winning a title with the Rangers was broached during a radio appearance on WFAN. “I have many of the same people who are helping me with the Knicks are focusing on the Rangers, too — particularly my son Quentin, who does all the conditioning and wellness for both teams.”
He noted previous instances in which the Knicks “flipped up our strategy in order to get the shiny object.” The inference was that they got caught chasing executives and coaches who brought star power and reputations as great basketball minds, with host Craig Carton pointing to Phil Jackson’s dispiriting tenure as Knicks president from 2014-17 as one example. “That’s the temptation in New York,” Dolan said. “If you’re running a team and you’re under the gun in New York, you want to produce. Because if you don’t produce, guys like you are going to tear them apart. You’re afraid of doing badly and you’re dying to do great, and you’re hoping for a quick solution — a savior to come in, etc. I didn’t want to do that anymore.”