A group on behalf of all MSG shareholders are suing James Dolan over allegations that he is overpaid and spends too much time making music instead of running the business, and although the effort is appreciated, we should probably allow Dolan to continue chasing his musical dreams so he doesn’t start interfering with the Knicks.
The lawsuit was filed in Delaware Chancery Court on March 29, by the Norton C. Willcox Testamentary Trust on behalf of all MSG shareholders, according to the docket. According to reports, including from Pitchfork and Deadspin, the suit says that Dolan gets paid way too much and has a duty to oversee the business instead of jamming out as the lead singer of JD and the Straight Shot, which by the way recently released a new album.