- Packers To Raise Ticket Prices Next Season
- Knicks' Lin Catches Merchandisers Flat-Foo ...
- Senators Looking For Increase In Season-Ti ...
- Trustee Files Response To Mets' Motion To ...
- Pennsylvania Sen. Upset Over Nats' Ticket ...
- NHL Franchise Notes
- WVU, Big East Reportedly Near $20M Settlem ...
- Grizzlies' Heisley Emerges As Dodgers Bidd ...
- Jay-Z Brings Style, Luxury To Nets, Barcla ...
- MLS Crew Hope Report Will Stir Interest In ...
Upcoming Conferences and Events
-
Mar 21-22
-
Mar 22
-
May 23
-
May 30-31
-
Jun 5-7
SBD/Issue 42/Franchises
Empty Feeling: Knicks Struggling To Stop Slide On, Off Court
Published November 9, 2006
|
| Knicks’ Season-Ticket Base Down 15% From Last Season |
FINANCIAL PERFORMANCE: Cablevision stated its Q3 earning yesterday, and MSG’s losses increased to $24.6M compared to the year-ago period, while revenues fell 4.9% to $128.5M (AP, 11/8).
SETTLEMENT: The figures of the Knicks’ settlement with former coach Larry Brown were revealed yesterday in Cablevision’s Q3 SEC filing. The Knicks agreed to pay Brown $18.5M to “resolve their dispute significantly less than the $53[M] Brown sought through arbitration.” Brown, who had $41M and four years left on his contract when the Knicks fired him in June, also asked for $12.5M in liquidated damages (N.Y. TIMES, 11/9). ESPN.com’s Marc Stein noted Brown has collected almost $26M in buyouts from his last two teams, the Pistons and Knicks (ESPN.com, 11/8).
BROWNE SANDERS UPDATE: GARDEN VARIETY: U.S. District Judge Gerard Lynch agreed to let Knicks President of Basketball Operations and coach Isiah Thomas and G Stephon Marbury “delay being deposed by lawyers” for former Knicks Senior VP/Marketing & Business Operations Anucha Browne Sanders in a sexual harassment suit until next month. Lynch ruled that Browne Sanders must let MSG “look at the diary she kept but [she] won’t have to give up her telephone and travel records.” Also, MSG “must give up records of any previous sexual discrimination or harassment cases that it has faced,” and Browne Sanders’ deposition is limited to two days “instead of the three-day inquisition [MSG] was demanding” (N.Y. DAILY NEWS, 11/8).






