Kukla's Korner Hockey
Entries with the tag: james dolan
“I have great faith in Glen Sather and think he has made some fantastic moves with the team. He has pulled off some trades that I still don’t know how he has gotten the other team to agree.”
“I trust Sather and think he is the best in the business. That team is competing for a playoff spot.”
-James Dolan, owner of the New York Rangers. Dolan was on two radio stations in New York yesterday and Brett Cyrgalis of the New York Post has more from Dolan.
from Ken Berger of Newsday,
Speculation has been simmering for weeks that the Dolan family business, Cablevision, might be willing to sell Madison Square Garden, the Knicks, and Rangers, as a way to placate shareholders and investors unhappy with the company’s flagging stock price. Knicks fans, unhappy with Dolan for reasons related to his flat-lining basketball team, no doubt rejoiced upon hearing the news.
Not so fast, though. Dolan’s gesture to investors—allowing them to voice concerns during a “listening tour” last week—seems to have been little more than a head fake. People knowledgeable about MSG in particular, and the sale of sports franchises in general, tell Newsday that it’s premature to run out onto Seventh Avenue traffic and celebrate Dolan’s departure from the Garden of Ills.
“I would say the most likely buyer is probably some group headed by Jim Dolan, personally, because Jim seems to get a lot of pleasure out of those particular assets,” an expert in the field of sports and media transactions told Newsday.