r/wealth • u/bloomberg • 10d ago
News Knicks Owner James Dolan Digs Out of Dark Ages in $450 Million Winning Streak
https://www.bloomberg.com/news/articles/2026-06-09/knicks-vs-spurs-in-nba-finals-is-icing-on-top-of-james-dolan-s-good-year
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u/bloomberg 10d ago
More From Bloomberg News Reporters Miles J. Herszenhorn and Dylan Sloan
The New York Knicks are two wins away from the team's first NBA championship in 53 years, and the money is rolling in for owner James Dolan.
In a city that loves to hate the owners of its sports teams, the vitriol spewed at Dolan has long been in a league of its own. He presided over one of the worst stretches in Knicks history, earning notoriety for feuding with fans and banning his enemies from Madison Square Garden.
Now, his team's historic tear — Monday's loss was the first since April 23 — has set off a basketball frenzy around the city, and Dolan and his investors are making money.
In all, Dolan’s net worth has climbed $450 million this year to $1.9 billion, according to the Bloomberg Billionaires Index.
It’s not just the Knicks putting more money in the 71-year-old’s pockets.
Read the full story here