02-05-2019 17:23 via news.yahoo.com

MSG shareholders sue CEO Dolan

Madison Square Garden CEO James Dolan, the majority shareholder of the New York Knicks, is overpaid for what amounts to a part-time job, according to a lawsuit filed by shareholders.Shareholders contend Dolan spends more time playing with his band, JD & the Straight Shot, than he does on the job, according to the lawsuit.Sports Illustrated reported that Dolan has made more than $75 million over the past three years and that CEOs of comparable companies have earned an average of $17 million d
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