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Knicks Championship Could Redeem James Dolan's Troubled Ownership

New York Times Business •
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James Dolan's nearly three-decade reign as New York Knicks owner has been marked by controversy and poor performance. After the 1999 finals appearance, the team made playoffs just seven times over 23 years and posted the NBA's worst record in 2019. Bloomberg once questioned whether he was professional sports' worst owner. The Knicks' recent resurgence under president Leon Rose, hired in March 2020, has shifted this narrative.

Rose signed Jalen Brunson to a $104 million contract in 2022, transforming the franchise's fortunes. The Knicks now sit in the NBA Finals against the San Antonio Spurs, within reach of their first championship since 1973. Political momentum for stripping Madison Square Garden's tax breaks has stalled amid this winning streak, demonstrating how success can shield business interests from scrutiny.

Dolan's business empire extends beyond basketball, including Radio City Music Hall, the Beacon Theater, and a $2.3 billion Las Vegas Sphere that recently turned profitable. Yet his combative reputation persists—firing employees who reported harassment, feuding with former player Charles Oakley, and deploying facial-recognition technology to ban lawyers suing his company. Recent gestures like declining the Eastern Conference trophy and reconciling with Spike Lee signal damage control.

Whether a championship erases years of fan resentment remains uncertain. Some observers predict continued boos regardless of outcome. Dolan's story illustrates how winning can rehabilitate damaged brands, but authentic redemption requires more than just rings.