The New York Knicks began what one National Basketball Association analyst called the “second step” in trying to re-sign leading scorer Carmelo Anthony by firing coach Mike Woodson after two full seasons.
Cablevision Systems Corp. directors were sued by an investor for wrongfully approving “grossly excessive” compensation for Chairman Charles Dolan and members of his family who serve as executives of the fifth-largest U.S. cable company.
On his first day as coach of the Los Angeles Lakers in 1999, Phil Jackson pulled Shaquille O’Neal aside and offered him a deal. Do it my way, Jackson said, and I guarantee that you’ll win the National Basketball Association’s Most Valuable Player award. If you don’t, enjoy free rein on the court.
Madison Square Garden Co. will pay $22.5 million to buy a 50 percent stake in Tribeca Enterprises, owners of the film festival co-founded by actor Robert De Niro in the wake of the Sept. 11, 2001, terrorist attacks.