Sell the Knicks? Fans Send MSG CEO James Dolan a Message

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Just when you didn’t think it wasn't possible, things are getting uglier over at 4 Pennsylvania Plaza. 

Last night’s game between the Knicks and Grizzlies at Madison Square Garden ended in a loss for the home team, questionable actions by both teams, and chants from the home crowd of “Sell The Team! Sell The Team," Sports Illustrated's Dan Gartland reported

The Knicks were going through the usual motions a team goes through when conceding a blowout loss. The Knicks were trailing by 18 points when Memphis forward Jae Crowder stole an inbound pass and ran to the corner to attempt a 3-pointer with 48 seconds left. 

This is generally considered bad form when commanding such a lead over an opponent. Knicks guard Elfrid Payton ran up to Crowder and gave him a hard shove that sent him falling into a group of fans seated along the sideline.

Members from both squads joined the fracas, as referees, coaches and security tried to quash the beef. Ejections followed and the league will surely be handing down suspension as they review the incident.

The crowd then broke out into chants of “Sell the team! Sell the team!” The chants were directed towards maligned and often hated Knicks owner James Dolan Dolan serves as executive chairman and CEO of The Madison Square Garden Company  (MSG) - Get Report and executive chairman of MSG Networks.

 As the companies' chairman, Dolan oversees all operations within the company and also supervises day-to-day operations of its professional sports teams, New York Knicks (NBA), New York Rangers (NHL) and New York Liberty (WNBA), as well as their regional sports networks, which include MSG Network and MSG Plus. Dolan previously served as CEO of Cablevision until its sale in June 2016.

Although their fanbase has been loyal to the team during some extremely hard times, their patience is wearing thin with the owner and some of the questionable decisions he has made when relating to the day-to-day operations of the storied franchise.

But is it actually time for Dolan to sell the Knicks. Real Money's Stephen Guilfoyle shared his take in a recent column:   

“If the right investor showed interest in this badly under-performing franchise, who knows what the sale could draw. Even if they could just play a few home games in the playoffs once in a while, what kind of revenue would that drive? How much more "stuff" could they sell? Ever see New York City in the Spring when the Knicks are good. It's been a long time, but I do remember. This town wants to be a "basketball town." 

Read Guilfoyle's full take here

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