Having a controlling interest in an NBA franchise is not like owning an ordinary business.
This isn’t about how it would be much more exciting to own the Toronto Raptors or the Golden State Warriors than, say, a parking garage in Toronto or an office building in Oakland.
No, this is about the limitations of owning an NBA franchise and how league priorities supersede those of a franchise—a lesson that James Dolan, the executive chairman and CEO of the Madison Square Company, realized on Monday.
Late afternoon, the NBA announced that it had fined the New York Knicks $50,000 for violating a provision in the NBA Media Access Rules.