James Dolan to sell the Knicks?

NicksKnicks

Rotation player
Rumours that Dolan is looking to sell the Knicks for around $5 billion. Not sure there is much truth around this and seems convenient timing as the value of each team was released last week. Thoughts?

Me, Ive been waiting for him to pack up and leave for over 10 years. I hate the guy.
 

tiger0330

Legend
Good business decision if Dolan can get the reported 5B price tag he's asking for.

Kristaps Porzingis, Forward
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[h=1]New York Knicks[/h]Team Value[SUP]1[/SUP] $4,000 MTeam Value calculated February 2019


[h=6]At a Glance[/h]
  • Owner: Madison Square Garden Company
  • Championships: 2
  • Price Paid: $300 M
  • Year Purchased: 1997
  • Revenue[SUP]2[/SUP]: $443 M
  • Operating Income[SUP]3[/SUP]: $155 M
  • Debt/Value[SUP]4[/SUP]: 1%
  • Player Expenses[SUP]5[/SUP]: $115 M
  • Gate Receipts[SUP]6[/SUP]: $127 M
  • Wins-to-player cost ratio[SUP]7[/SUP]: 66
  • Revenue per Fan[SUP]8[/SUP]: $37
  • Metro Area Population: 20.3 M

[h=6]Forbes Lists[/h]#1 NBA Team Valuations
[h=6]Numbers[/h]Valuation Breakdown
Sport[SUP]9[/SUP]$611 MMarket[SUP]10[/SUP]$1,831 MStadium[SUP]11[/SUP]$995 MBrand[SUP]12[/SUP]$563 M


 
Knicks unequivocally deny that Dolan is looking to sell the team. I feel like he would probably sell the team if he really got offered 5 billion dollars, no matter what they say though.
 
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