Nalod wrote:knicks1248 wrote:EwingsGlass wrote:The comment from Kanter re-opened the discussion of Dolan selling the Knicks. Any discussion really should have a solution to the tax burden selling the Knicks would put on that family. Fortunately, I have a solution. Dolan could sell his shares (maybe not all at once) and use the proceeds to invest in Opportunity Zones. So, his desire to build an amphitheater empire could be realized by selling his appreciated shares and using it to build amphitheaters in locations near urban centers in an Opportunity Zone and doing so would unlock huge tax benefits.
Pretty cool concept if he wanted to gradually move away from ownership but was prevented by have no tax basis in his shares. Because they are shares he could do it over time.
Just a thought.
Mills and Dolan are the same person
Mills wanted this JOB for personal stature, he was more interested in JOB TITLES (THE PRESIDENT OF BASKETBALL OPERATIONS WITH NO FCKING EXPERINCE) then allowing Dolan to hire a real experience basketball mind that could turn this dysfunctional mess around sooner than later.
Dolan wants to be known as an NBA OWNER, after admitting publicly that he doesnt know sht about building a winning BASKETBALL franchise, he continues to hire all the wrong ppl to run his franchise.
His family(sons, daughters, cousins, )are also hell bent on not selling the team at all..I posted the article a few months back..it was depressing
Perry while no superstar is the most normal basketball hire we have seen in a long time. If it took Mills to intercede to make that happen then he did in fact not block the hire of "a real experienced basketball mind".
The last basketball mind we had here was Earnie Grunfeld who was fired AFTER the knicks went to the finals in 1999. JVG earned a 2mm per year extension and did not get along. Then we hired Layden, a neophyte directed by Dolan. That was until Rasputin took over. That is Isiah Thomas. After that mess, we bring in Donnie Walsh who was not well and Dolan disrespected. When he was wheeled out, Grunwald was on the payroll from the Isiah regime. Not a bad guy, but not the leader one wants He leaves and Mills is hired to be president. Before he can hire a GM, Dolan gets Phil and Mills demoted to GM but who really knows the order of things. Not until Phil is made gone does Mills get the gig and hire a real basketball person.
Rainman, don't let your hate make you look foolish..
No one in the NBA would hire Steve mills to run their basketball operation, and no one would hired Perry to be more than an assistant, yet we hired them to be in prominent roles, and have had the worst record in the NBA since, and the highest roster turnover rate than any team in the NBA, NFL,NHL and MLB.
Dolan waited until I T (his buddy)became a complete embarrassment to the franchise before he reluctantly ditch him(Sterns recommendation), If that sexual harassment case never went public, I T would have lasted much longer.
The owner does not really care if this team loses 162 games over the next 2 seasons as long as MSG is raking in the DOE...This is a owner that will Band anybody who speaks negative truth about the Knicks..