James Dolan controls the New York Knicks through Madison Square Garden Sports Corp. (MSG Sports), the publicly traded company that holds the team. The Dolan family has run the Knicks since the mid-1990s, making them one of the most polarizing yet stable ownership groups in the NBA.
I cover the broader Dolan empire elsewhere on this site — the family’s holding structure ties together the Knicks, the Rangers, and Madison Square Garden itself into one interconnected sports and entertainment operation.
Quick Facts
| Team | New York Knicks |
|---|---|
| Controlling Owner | James Dolan |
| Holding Entity | Madison Square Garden Sports Corp. (NYSE: MSGS) |
| Family Control Since | 1995 (Cablevision era) |
| Founded | 1946 |
| League | NBA |
| Home | Madison Square Garden, New York City |
Ownership History
| Year | Development |
|---|---|
| 1946 | Knicks founded as one of the NBA’s original franchises |
| 1995 | Cablevision Systems, controlled by the Dolan family, acquires the team as part of a larger Madison Square Garden Company deal |
| 1999 | James Dolan becomes chairman of Cablevision, cementing family control over the sports assets |
| 2015 | Madison Square Garden Company spins off from Cablevision entirely, with the Dolan family retaining dual-class voting control |
| 2020 | MSG Sports (Knicks, Rangers) formally separates from MSG Entertainment (the arena and entertainment operations) as two distinct public companies |
| 2026 | James Dolan remains executive chairman and CEO of MSG Sports, with the family’s dual-class shares preserving voting control despite public minority shareholders |
Key Ownership Highlights
- The Dolan family controls the Knicks through a dual-class share structure at MSG Sports, meaning outside shareholders own equity but not meaningful voting power.
- The same Dolan-controlled structure also owns the New York Rangers and Madison Square Garden itself, making this one of the most concentrated ownership arrangements in American sports.
- James Dolan has faced repeated fan criticism over decades of Knicks underperformance, though the team’s on-court results have notably improved in recent seasons.
FAQ
Who owns the New York Knicks?
James Dolan controls the team through Madison Square Garden Sports Corp., a publicly traded company where the Dolan family holds dual-class shares that preserve voting control.
Does the same owner control other MSG properties?
Yes. The Dolan family also controls the New York Rangers and Madison Square Garden arena itself through related but separately structured public companies.