Knicks Boss: My team is worth five billion dollars and Ill consider selling it.

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 Knicks Boss: My team is worth five billion dollars and Ill consider selling it.


Dolan, president of Madison Square Garden and a hockey ranger, revealed that the Knicks market was more than $5 billion, but had not received a serious offer.

You hear about prices all the time, but nobody really wants to buy, yeah, outside prices are estimated at about $5 billion, but these things, like stock prices, are important only when you actually buy or sell them, Dolan said.

Dolan, 63, said he loved the Knicks and the Rangers, but he remained accountable to shareholders.

As an operator, you have this responsibility, Doran said. Be open and transparent, so I will never say that I dont consider selling the Knicks. Now, my family is a big shareholder. They have the majority of voting rights. As a team boss, I dont want to sell. But as an open company, you cant say that you will never sell. Because then you tell other shareholders that your personal feelings are more important than their money. If you do, they wont invest.

Dolan became chairman of Madison Square Garden in 1999. In his first year in office, the Knicks reached the Finals, but never reached its peak. During this period, the Knicks changed seven presidents and 12 coaches. Only two coaches, Jeff Van Gundy and Woodson, led the team to win more or lose less. In addition, Doran mentioned Jackson, a Zen master who had failed in the Knicks before. He said Jackson failed because he could not convince the team to accept his triangular offensive system. I think he heard people sayyes, but privately, people thinkits not a great idea, Doran said. And he has a strong conflict with some players on this issue. But I think hes trying very hard to implant his idea. I just dont think hes ever succeeded. In addition, Doran said he did not know that Jeff Van Gundy was interested in coaching the Knicks again, but he had no objection to the subsequent hiring of Fitzdale. Source: Netease Sports Author: Jottettes Responsible Editor: Huang Yu_NS1604

Dolan became chairman of Madison Square Garden in 1999. In his first year in office, the Knicks reached the Finals, but never reached its peak. During this period, the Knicks changed seven presidents and 12 coaches. Only two coaches, Jeff Van Gundy and Woodson, led the team to win more or lose less.

In addition, Doran mentioned Jackson, a Zen master who had failed in the Knicks before. He said Jackson failed because he could not convince the team to accept his triangular offensive system.

In addition, Doran said he did not know that Jeff Van Gundy was interested in coaching the Knicks again, but he had no objection to the subsequent hiring of Fitzdale.