On Wednesday morning, Joe Tsai’s purchase of the New York Liberty was officially announced. After 20 years as the Knicks’ step-child, New York’s WNBA brand is now more closely aligned with the Nets.
Tsai who’s scheduled to inherit an upward trending NBA franchise in two seasons clearly has sizeable hoops dreams in the New York market. But in buying the Liberty, what is Tsai getting into exactly?
Liberty Leadership
Well, for one, it’s a business transaction with James Dolan, the notorious owner of the New York Knicks and Madison Square Garden, who had been pushing to sell the Liberty since last year, before Tsai even joined the Nets fold.