James Dolan

WBD Reportedly Plans To Match Amazon’s Media Rights Package

July 17th, 2024 at 5:11pm CST by Arthur Hill

The NBA’s Board of Governors ratified the league’s new media rights deal Tuesday night, according to Tom Friend of Sports Business Journal, but the process is still far from over.

Sources tell Friend that Warner Bros. Discovery — the owner of TNT Sports, a longtime NBA media partner — is expected to match the “C” package given to Amazon, which could set off a contentious legal battle. Commissioner Adam Silver hinted at that possibility in a press conference Tuesday night when he said work remains to be done “with existing partners.”

The next step will be for the league to give WBD written copies of the three contracts. Their annual value was originally reported as $2.6 billion for ESPN, $2.5 billion for NBC Universal and $1.8 billion for Amazon, although Friend hears the current numbers are slightly higher. That begins a five-day timeframe in which WBD CEO David Zaslav has the option to match the deal with either NBC or Amazon.

Friend’s sources say that Zaslav views Amazon’s streaming deal — which includes alternating conference finals, a Thursday package, Friday or Saturday games, the NBA Cup (in-season tournament), early-round playoffs and international rights — as the most fiscally responsible. Friend adds that WBD plans to match Amazon with its own streaming service, Max, while running simulcasts on TNT.

According to Friend’s sources, the NBA will likely argue that Max doesn’t possess nearly the same reach as Amazon, which has 200 million worldwide customers compared to about 100 million for Max. Friend notes that the league’s stance could lead to a lawsuit, a financial settlement for WBD, or possibly a fourth broadcast package.

Friend reports that the Board of Governors approved the media rights package in a 29-1 vote, with the only opposition coming from the Knicks, which isn’t surprising given owner James Dolan’s public criticism of the deal and the NBA’s revenue sharing policies.

Sources told Friend that the three-hour meeting in which the rights deal was approved was “a breeze,” and owners received a memo Tuesday informing them that its total value has increased to $77 billion over 11 years. The price tag had many owners questioning whether WBD can really afford to match to match the Amazon bid, Friend adds, noting that the company laid off 1,000 employees this week after similar cutbacks in 2022 and 2023.

Friend points out that streaming has become an increasingly popular option in sports television, and the NBA appears to want to get involved. His sources say that cable TV wasn’t mentioned at all during the BOG meeting or by Silver at his session with reporters.

Friend also cites speculation that NBA TV, which is produced in Atlanta by Turner Sports, could eventually be moved to a studio in New York or New Jersey. His sources indicate that Silver wants the league to continue owning the network regardless of where it’s based.

Knicks’ Dolan Rips NBA’s Media Deal, Revenue Sharing Policies

July 16th, 2024 at 8:02am CST by Luke Adams

Knicks owner James Dolan sent a letter to the NBA’s Board of Governors blasting the league’s new $74.6 billion media rights deal and renewing his criticisms of the league’s revenue sharing policies, according to ESPN’s Adrian Wojnarowski.

The new media rights deal has expanded to include three national partners instead of two and is expected to significantly increase the number of nationally televised games, reducing the number of available games for regional sports networks and cutting into the revenue generated by those local broadcasts.

“The increased number of exclusive and non-exclusive games means that national partners would have the ability to air nearly half of the regular season and all postseason games,” Dolan wrote in his letter, per Wojnarowski. “This reduction in available games for RSNs risks rendering the entire RSN model unviable. The inclusion of streaming partners in the proposal (e.g., Amazon Prime Video, Peacock) allows fans in all NBA markets to bypass their RSN to watch certain games in their local market. The proposal offers no local protections for RSNs.”

As Wojnarowski details, the NBA has also reportedly proposed that the league office receive an 8% cut of the revenue from that media deal, as opposed to 0.5% under the previous agreement. That would work out to about $6 billion over 11 seasons, beginning in 2025/26. Dolan said there has been no “sufficient justification” for that exponential increase.

“(There is no) transparency into how (the NBA) arrived at the sum, how these fees will be allocated or to what extent the league will utilize this purported revenue growth to incur new and incremental costs and further expand the league’s ever growing expense level,” Dolan wrote.

Dolan has long had an adversarial relationship with the league office and commissioner Adam Silver. He stepped down from his positions on the NBA’s influential advisory/finance and media committees last year, with reporting at the time indicating that the Knicks owner had been “increasingly critical” of Silver and the NBA on a number of issues.

The Knicks questioned Silver’s impartiality when they filed suit against the Raptors last year, arguing that the court system ought to rule on a dispute between the two teams due to Silver’s allegedly tight relationship with Raptors governor Larry Tanenbaum.

Dolan, who has also been a critic of the NBA’s revenue sharing system over the years, argued in his letter to the Board of Governors that the new TV deal will hurt local team sponsors and partners, since the visibility those sponsors receive in locally televised games won’t be afforded to them in national broadcasts. He added that “pride of ownership” is being sacrificed and that the league is becoming a “one size fits all, characterless organization” by taking away agency from its individual teams.

“The NBA has made the move to an NFL model — de-emphasizing and de-powering the local market,” Dolan wrote. “Soon, your only revenue concern will be the sale of tickets and what color next year’s jersey will be. Don’t worry, because due to revenue pooling, you are guaranteed to be neither a success nor a failure. Of course, to get there, the league must take down the successful franchises and redistribute to the less successful. This new media deal goes a long way to accomplishing that goal.”

The NBA’s Board of Governors is reportedly set to meet on Tuesday in Las Vegas. Dolan, who has declined to attend those meetings since stepping down from the league’s committees last year, wrote in his letter that he believes the Knicks’ concerns are “shared by many of our counterparts across the league.”

Knicks Notes: Anunoby, Brunson, Burks, Officiating, Oakley

May 11th, 2024 at 6:22pm CST by Arthur Hill

Knicks forward OG Anunoby won’t be available for Sunday afternoon’s Game 4 at Indiana. He’s listed as out on the team’s official injury report due to the left hamstring strain that also caused him to miss Game 3.

Anunoby’s status for the rest of the series is uncertain after he left Wednesday’s game when he came up limping with pain in his hamstring area. Even though Anunoby wasn’t considered likely to play in either game at Indianapolis, the organization decided it was best to have him make the trip.

“Our medical team is here, so it makes sense [for Anunoby to be in Indianapolis),” coach Tom Thibodeau told reporters, including Stefan Bondy of The New York Post. “So just keep working at it and we’ll see where he is every day.”

There’s more on the Knicks:

Jalen Brunson admitted he took a bad shot in the final seconds Friday night when New York had a chance to tie the game, writes Fred Katz of The Athletic. With the Knicks trailing by three points, Brunson was determined to shoot before the Pacers had a chance to send him to the line, but he wound up launching an off-balance three-point attempt that was far off the mark. “There’s times where teams foul up three, and I’ll leave it at that,” Brunson said. “I just made a bad decision.” Brunson still appeared to be bothered by a foot injury that sidelined him for part of Game 2, Katz adds. However, he managed to play 38 minutes and doesn’t appear on the injury report for Sunday.
Alec Burks, who had barely played in the postseason before Friday night, provided an unexpected lift for the Knicks in Game 3, notes Kristian Winfield of The New York Daily News. The veteran swingman logged 21 minutes and scored 14 points as injuries forced Thibodeau to reach deep into his bench. “I think him coming in and not playing for that long, staying ready, I think him mentally being ready, mentally giving us a spark, our offense, was big for us,” Isaiah Hartenstein said.
After Rick Carlisle complained about the officiating in the first two games of the series, the Pacers seemed to get a better whistle Friday night, observes Barbara Barker of Newsday. Among the crucial calls that went Indiana’s way, according to Barker, was an apparent goaltend that wasn’t called when Myles Turner blocked Josh Hart‘s layup attempt with 2:03 left to play.
Plenty of Knicks legends have been spotted at Madison Square Garden since the playoffs began, but Charles Oakley isn’t among them. Oakley hasn’t been in the arena since he was ejected following a 2017 scuffle with security, and a spokesperson for the organization tells Dan Gelston of The Associated Press that he wasn’t invited to attend. Oakley insists he won’t consider going to MSG until he hears from team owner James Dolan. “They’ve got to apologize,” he said. “We’ll go from there. Can (Dolan) be man enough to say, mistakes happen. And he made one.”

Atlantic Notes: Dolan, Embiid, Sixers, J. Porter

January 16th, 2024 at 4:00pm CST by Luke Adams

Knicks owner James Dolan has been accused of sexual assault, according to reports from Ben Sisario of The New York Times and Marjorie Hernandez and Selim Algar of The New York Post.

Dolan’s accuser, Kellye Croft, filed a federal lawsuit on Tuesday claiming that he pressured her into unwanted sex with him and that he coordinated an encounter with Harvey Weinstein, who allegedly sexually assaulted her. Croft worked as a masseuse on a 2013 tour headlined by The Eagles that also featured Dolan’s band, J.D. and the Straight Shot. The incidents with Dolan and Weinstein are said to have taken place in 2013 and 2014.

One of Dolan’s attorneys issued a statement saying that there is “absolutely no merit” to the allegations: “Kellye Croft and James Dolan had a friendship. Mr. Dolan always believed Ms. Croft to be a good person and is surprised she would agree to these claims. Bottom line, this is not a he said/she said matter and there is compelling evidence to back up our position. We look forward to proving that in court.”

Asked today about the lawsuit, commissioner Adam Silver didn’t have much to tell reporters so soon after the publication of the reports, as Ohm Youngmisuk of ESPN tweets. “I saw the article and don’t know anything else about it other than I read the article so we’ll stand by and wait to find out more information,” Silver said.

Here’s more from around the Atlantic:

Sixers star Joel Embiid, who returned on Monday from a three-game injury absence, said he’s not worried about meeting the 65-game requirement to qualify for end-of-season awards such as MVP. “It doesn’t matter how many games I play,” Embiid said (story via ESPN.com). “The goal is to be healthy the rest of the year.” Embiid isn’t on the injury report for Tuesday’s contest vs. Denver, so it appears he’ll square off on the second night of a back-to-back set against fellow MVP Nikola Jokic and the Nuggets.
Gina Mizell of The Philadelphia Inquirer takes a look at how Daryl Morey‘s and Nick Nurse‘s time together in Houston laid the groundwork for them to reunite with the Sixers. Nurse tells Mizell that he believes his history with Morey has given him a leg up during his first year in Philadelphia. “Where the relationship enhances what’s happened is the speed at which we can move things along,” the head coach said. “Because we know each other, it’s not this, ‘Where’s this guy coming from?’ six-month process. That part I think has been a big plus.”
Jontay Porter didn’t open the season on the Raptors‘ roster, but the two-way big man has appeared in each of the team’s past seven games and earned his first start on Monday vs. Boston. Given how Porter has performed so far in Toronto, he could turn out to be a developmental win at a key position for an organization that has lacked those under-the-radar success stories in recent years, writes Eric Koreen of The Athletic.

Latest On Knicks’ Lawsuit Against Raptors

December 2nd, 2023 at 2:00pm CST by Rory Maher

Since resigning from his Board of Governors committee positions, owner James Dolan and the Knicks launched a lawsuit against the Raptors seeking more than $10MM in damages over an issue that would typically be arbitrated by the NBA.

The suit, which alleges that a former team employee illegally took “confidential” files with him to his new position in Toronto, accused commissioner Adam Silver of bias due to his friendship with Raptors chairman Larry Tanenbaum and Tanenbaum’s position as chairman of the Board of Governors.

As Baxter Holmes writes in an in-depth story for ESPN, Dolan also has a lengthy history with Raptors president Masai Ujiri. Back in 2011, when Ujiri was Denver’s lead basketball executive, he traded Carmelo Anthony to New York — a deal in which Dolan was later criticized for giving up too much on a player who wanted to sign with the Knicks in free agency.

Ujiri had another famous trade with the Knicks a couple years later while he was running the Raptors, Holmes notes, sending Andrea Bargnani to New York for Marcus Camby, Steve Novak and multiple first-round picks. Bargnani only played 71 games over two seasons with New York.

Dolan reportedly nixed a deal between Toronto and New York that same year — 2013 — that would have sent Kyle Lowry to the Knicks because he “didn’t want to get fleeced again by Masai,” a source told The New York Daily News.

ESPN’s Adrian Wojnarowski reported a few years ago that Ujiri was Dolan’s “dream candidate” to run the Knicks, but he wound up returning to the Raptors on a long-term deal in 2021.

As far as the ongoing lawsuit, legal experts, analytics staffers and rival executives alike are skeptical and “generally dismissive” of the Knicks’ claims, according to Holmes.

“If you were concerned about privacy and the loss of proprietary information, the last place you would be pursuing that is in a court proceeding seeking only monetary damages — because whether it’s actually proprietary is going to be an issue,” said Robert Boland, a professor of sports law at Seton Hall University Law School who also maintains a practice focused on sports labor and governance issues.

“You have to prove your damages in this circumstance and you’re going to have to tell the court, and by extension the public, what they took from you and what its value was. So more of that becomes public, which likely means the Knicks don’t care about it. I’m assuming by the time we get through the court hearings, all this information will be out of date. I’m not sure the subject matter is proprietary or that it’s even timely anymore.”

Executives in particular cited Dolan’s “litigious reputation,” Holmes adds.

“I think this is a complete middle finger from Dolan to Larry Tanenbaum — and I think it’s nothing more than that,” one Eastern Conference executive told ESPN.

According to Holmes, the Raptors are expected to file a response to the Knicks’ latest filing on December 11. Boland — one of the legal experts Holmes spoke to — is unsure what will happen next.

“I don’t see a settlement in this case, but I don’t know if the Knicks are going to win,” said Boland, an admitted Knicks fan. “I don’t really see a clear strategy. I think the attention is the desired outcome.”

Raptors head coach Darko Rajakovic is also named in the lawsuit. He once again defended himself amid the allegations and said he’s looking forward to the case being resolved, per Stefan Bondy of The New York Post.

“Support from the beginning was just fine because we talked about it, we explained what happened or what did not happen. I know who I am, I know my integrity, I know who I represent,” Rajakovic said. “I represent one amazing organization and people in the front office and the players. I’m really looking forward for all of this to be solved and for everybody to find out the truth. I’ve got nothing to worry about.”

Knicks’ Dolan Resigned From NBA Board Committee Positions

November 21st, 2023 at 12:08pm CST by Luke Adams

Knicks owner James Dolan stepped down from his positions on the NBA Board of Governors’ advisory/finance committee and media committee several months ago, reports Adrian Wojnarowski of ESPN. Dolan also informed the league at that time that he no longer intends to attend Board of Governors meetings.

“Given all that has occurred lately, I have come to the conclusion that the NBA neither needs nor wants my opinion,” Dolan wrote in a July memo to commissioner Adam Silver and the league’s other 29 team owners, per Wojnarowski.

“My hope is that the Knicks will be treated equally and fairly as all other NBA teams,” Dolan stated. “… As you know, I am very busy with all my duties at MSG family of companies. I need to apply my time where I can be most productive.”

As Wojnarowski explains, Dolan has been “increasingly critical” of both Silver and the NBA on several issues. Notably, sources tell ESPN, he has expressed dissatisfaction with elements of the league’s revenue sharing system, which requires high-earning teams like the Knicks to share their revenues with smaller-market teams.

Since resigning from his Board of Governors committee positions, Dolan and the Knicks launched a lawsuit against the Raptors seeking more than $10MM in damages over an issue that would typically be arbitrated by the NBA. The suit, which alleges that a former team employee illegally took files with him to his new position in Toronto, accused Silver of bias due to his friendship with Raptors chairman Larry Tanenbaum and Tanenbaum’s position as chairman of the Board of Governors.

Although Knicks general counsel Jamaal Lesane is now representing the franchise at Board of Governors meetings in place of Dolan, the Knicks owner didn’t give up his voting power, according to Wojnarowski.

As Woj points out, the Knicks have been the lone dissenter in two recent votes that otherwise would have been unanimous — Dolan voted against approving the sale of the majority share of the Hornets to Rick Schnall and Gabe Plotkin; he also voted against WNBA expansion to San Francisco.

While ESPN’s report may not provide a full picture of everything going on behind the scenes here, Dolan’s recent actions – including those dissenting votes and his claim that the league “neither needs nor wants my opinion” – suggest he’s staging a passive-aggressive protest against the NBA due to his unhappiness about certain policies. That wouldn’t be out of character for a team owner who has a reputation for pettiness.

New York Notes: Dolan, Knicks, Rose, Simmons, Nets

September 20th, 2023 at 11:56am CST by Luke Adams

Ahead of the opening of James Dolan‘s new Las Vegas arena, the Sphere, Katherine Rosman of The New York Times has published an in-depth feature on the Knicks owner which digs into his adversarial relationship with certain portions of the fanbase.

As he explains within the story, Dolan would support ejecting a fan at Madison Square Garden who was simply holding up a sign urging him to sell the team, but wouldn’t eject the same fan if he were aiming his criticism at the team itself. His logic is that the former is “directed at, on a personal basis, the guy who’s in charge — me,” whereas criticism of the team is aimed at a group.

“If you held up a sign that says, you know, ‘Play better, this team sucks,’ you can do that. That’s part of being a fan,” Dolan said.

Interestingly, in discussing why he decided to spend big money to build the Sphere – a lavish entertainment venue – Dolan said that he initially considered expanding his sports portfolio by buying a franchise in another sport, perhaps baseball or soccer. However, while the Knicks and the NHL’s Rangers are “near and dear” to his heart, he referred to the economics of major league sports as “kind of sleepy,” adding, “I don’t really like owning teams.”

Here’s more on the NBA’s two New York-based franchises:

Making a rare public comment within Rosman’s New York Times feature, Knicks president of basketball operations Leon Rose said that Dolan is invested in the front office’s decisions but doesn’t meddle in those decisions himself. “He places a lot of faith and trust in our basketball operations,” Rose said.
Speaking to Tina Cervasio of FOX5, Nets guard Ben Simmons said he feels a responsibility to regain his All-Star form now that he’s feeling fully healthy following back surgery. “I owe it to everybody, the fans and everybody, to get back to where I need to be,” Simmons said, per Brian Lewis of The New York Post. “That’s what I did this summer to get back.” The former No. 1 overall pick previously expressed confidence about his chances of having a bounce-back season.
After opening training camp in Brooklyn from October 3-6, the Nets will move to the UNLV campus for Oct. 7-8, the team announced on Tuesday (story via NetsDaily). Wrapping up training camp in Las Vegas will allow the Nets to avoid traveling for their first preseason game, which will be played at T-Mobile Arena in Vegas on Oct. 9 vs. the Lakers.

Atlantic Notes: Fournier, Dolan, Harden, Griffin, Langford

July 24th, 2023 at 9:22am CST by Arthur Hill

Evan Fournier could eventually become a buyout possibility if the Knicks can’t find somewhere to trade him, writes Steve Popper of Newsday. Fournier played just 27 games last season as coach Tom Thibodeau pulled him from the rotation, and he doesn’t appear to be in the team’s plans for the upcoming campaign.

While Fournier may not have any remaining value to the organization as a player, his contract remains an asset in a potential trade. He will make $18.8MM this season and has the equivalent of an expiring deal with a team option of $19MM for 2024/25.

Fournier was benched because Thibodeau opted for a focus on defense, but he can still help a team as a shooter and play-maker. He set a Knicks record for most three-pointers made in a season during 2021/22.

With his 31st birthday upcoming in October, Fournier is concerned about what another season of inactivity will mean for his career, as he said in a recent interview with the French outlet L’ Equipe. Popper notes that the Knicks haven’t pursued any stars so far this offseason, but Fournier will probably remain on the roster for a while in case an opportunity for a significant deal arises.

There’s more from the Atlantic Division:

Knicks owner James Dolan cast the only vote against the sale of the Hornets, tweets ESPN’s Adrian Wojnarowski. The transfer of a majority stake in the team to a group led by Rick Schnall and Gabe Plotkin was approved by a 29-1 margin.
It’s difficult to envision a quick resolution to the trade request submitted by Sixers guard James Harden, observes Keith Pompey of The Philadelphia Inquirer. Harden asked for a deal when he picked up his option for next season at the end of June, but little to no progress has been made. President of basketball operations Daryl Morey has reportedly set a high asking price that no teams have been willing to meet. Harden recently removed all references to Philadelphia and the team from his social media pages and wrote “Been comfortable for so long. It’s time to get uncomfortable” on his Instagram account.
The Celtics are likely exploring other options before deciding whether to re-sign Blake Griffin, Brian Robb of MassLive writes in a mailbag column. Robb points out that president of basketball operations Brad Stevens hasn’t mentioned Griffin in any of his sessions with the media since Boston was knocked out of the playoffs. Robb also expects Romeo Langford to get a training camp opportunity with another team rather than returning to the Celtics.

Knicks Notes: Robinson, Randle, Barrett, Dolan

February 25th, 2023 at 10:43am CST by Arthur Hill

Mitchell Robinson didn’t need any time to adjust to being back on the court as he returned to the Knicks‘ lineup Friday night, writes Peter Botte of The New York Post. In his first game since undergoing thumb surgery in January, Robinson had 10 points, 12 rebounds and posted a plus-12 rating in 28 minutes as New York rallied to beat the Wizards.

Now in sixth place at 34-27, the Knicks have been able to rise up the Eastern Conference standings without Robinson, who anchors the team on defense. His return gives New York a complete lineup as it tries to avoid the play-in tournament and possibly capture home court in the first round of the playoffs.

“Still have work that needs to be done, so I’m gonna take it day by day,” Robinson said. “Still trying to get better at stuff I’m normally already used to doing. So just gotta lock in and get better at it. We only got 22 games left (now 21) in 40-something days. So we’re gonna make the best of it and get it right.”

There’s more on the Knicks:

Julius Randle played in the All-Star Game, but he looked much fresher on Friday than his more rested teammates, notes Steve Popper of Newsday. Randle scored 46 points and sparked a rally that led to the Knicks overcoming a 19-point deficit. “Just came out aggressive,” he said. “That time of the year. Just gotta lock in. Just lost in the game, man, so whatever the team needs, that’s what I’m gonna do.”
RJ Barrett played just 28 minutes against Washington and remained on the bench late in the game as coach Tom Thibodeau used Immanuel Quickley and Josh Hart to get better defense on the wing, per Stefan Bondy of The New York Daily News. “A lot of it is flow of the game,” Thibodeau explained. “Like I said, I love our depth. We have a number of guys that are coming off the bench that are starters. There’s no dropoff. So whoever is going good, whatever the best matchup is, that’s what we’re going to go with. … So we need everyone. We’re asking guys to sacrifice. Some guys would like to start and they’re not starting. And some guys would like more shots and more minutes. That’s common. But everyone has to put the team first.”
Knicks owner James Dolan skipped a New York City Council hearing Friday on facial recognition technology, which he allegedly uses to keep his enemies from entering Madison Square Garden, according to Chris Sommerfeldt of The New York Daily News.

New York Notes: Thomas, Claxton, Dinwiddie, Knicks, Reddish

February 8th, 2023 at 7:45am CST by Luke Adams

It was just two weeks ago that a report identified Cam Thomas as one of the young players the Nets could dangle in trade talks. Since then, Thomas’ role in Brooklyn has changed in a major way.

Thomas has scored at least 43 points in each of his last three games, totaling 134 points on 42-of-75 (56.0%) shooting in those three contests while knocking down 14-of-25 (56.0%) three-pointers. According to ESPN Stats and Info (Twitter link), the 21-year-old is the youngest player in NBA history to score 40 or more points in three consecutive games.

During an SNY TV appearance (Twitter video link), Ian Begley said he hadn’t gotten the impression prior to Thomas’ scoring binge that the Nets were looking to shop him, and that’s even more true now. If anything, Begley noted, Thomas’ play may result in more potential trade partners inquiring on the second-year guard as a valuable young asset as Brooklyn explores the market for roster upgrades.

Here’s more on the NBA’s two New York teams:

Begley also confirmed during his SNY TV appearance that the Raptors are seeking center Nic Claxton as part of any major trade with the Nets. That represents a major “roadblock” in Brooklyn’s efforts to land a player like Pascal Siakam, OG Anunoby, or Fred VanVleet, given what an important role Claxton has played for the team this season, Begley says.
Speaking to reporters at an introductory press conference on Tuesday, new Nets guard Spencer Dinwiddie stated that he expects to remain with the team through Thursday’s trade deadline, observing that it would be “silly” for Brooklyn to hold the press conference if that wasn’t the plan (Twitter link via Marc J. Spears of Andscape). Brian Lewis of The New York Post passes along a few more of the presser’s notable quotes from Dinwiddie and new Nets forward Dorian Finney-Smith.
Madison Square Garden Sports president David Hopkinson said on Tuesday that the company would be open to selling minority shares in the Knicks, according to Mike Vorkunov of The Athletic. Knicks owner James Dolan has been adamant that he has no desire to give up control of the franchise, but with franchise valuations skyrocketing, it sounds like he’s open to the idea of raising capital by giving up a smaller stake.
Stefan Bondy of The New York Daily News explores the Knicks‘ trade deadline outlook, suggesting that Cam Reddish will be a strong candidate for a buyout if he’s not moved by Thursday afternoon.

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