- James Dolan owns the New York Knicks.
- Dolan is the executive chairman and CEO of Madison Square Garden Sports Corp.
- Madison Square Garden Sports Corp. is the parent company of the Knicks.
The New York Knicks have been under the same ownership group for over three decades.
Since then, the team has struggled to win games consistently and garner favourable NBA betting lines.
With that said, who owns the Knicks? Let’s find out.
Who Owns the New York Knicks?
James Dolan owns the Knicks.
Dolan is the executive chairman and CEO of Madison Square Garden Sports Corp., the parent company of the Knicks and the NHL’s New York Rangers.
James’s father, Charles, bought a 50% stake in the franchise from Viacom for $1.1 billion in August 1994, and ITT Corporation purchased the other half.
Charles bought out ITT Corporation’s stake for $650 million in March 1997 and claimed sole ownership of the Knicks.
Who Currently Owns Madison Square Garden?
Madison Square Garden Entertainment Corp. currently owns Madison Square Garden.
How Much Is James Dolan Worth in 2025?
Dolan is currently worth $2 billion, according to Celebrity Net Worth.
Do the Knicks Own Madison Square Garden?
No, the Knicks do not own Madison Square Garden.
How Did the Dolan Family Get Rich?
The Dolan family got rich by founding Cablevision in 1973.
They also founded Sterling Manhattan Cable in 1961, a predecessor to HBO.
In addition to MSG’s entertainment and sports companies, the Dolans also own a controlling stake in AMC Networks.
The Dolans sold Cablevision to Altice USA for $17.7 billion in June 2016.
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