Nov 2 2011
According to Berman of the NY Post:
Knicks owner James Dolan is frustrated the lockout rages on and the club’s season opener tomorrow against the Heat at the Garden has been wiped out. But Dolan, part of the owners’ negotiating committee, is content about one of the agreed-upon aspects of a new collective bargaining agreement: the size of the salary cap will not go down.
More than any team in the NBA, that will benefit Dolan’s big-market Knicks the most, ironically.
According to multiple sources, one of the resolved issues in a new CBA is the 2011 salary cap will remain at the level as it was in 2010 — $58 million.
Ironically, Dolan has been seated across from Paul, who is the Knicks’ top priority, during many of the labor bargaining sessions because Paul is on the union’s negotiation committee.
According to a players source, Dolan has been the least combative of the owners and often serves as a mediator during contentious moments.
“He’s tried to keep the parties on point,’’ the source said. “He’s trying to make a deal, seeing a positive spin. He’s been, in a word, productive.’’
This does not surprise me in the least because Dolan is a strong business man. His basketball IQ and decision making are what I have always criticized but the man does know how to do business. This NBA labor dispute is a business, not a basketball, dispute. This is why a deal has yet to get done because emotions have interfered with rational decision making. Dolan is a smart business man and he clearly understands the economics of his team as it pertains to this lockout. He understands that his Knicks are one of the premier products the NBA has to offer. Dolan’s team is coming off its first playoff appearance since 2001, he has acquired two of the league’s superstars onto his roster, his team plays in the biggest market in the country and he has a new arena to unveil. No team has more to lose from a missed season than the New York Knicks. Dolan realizes this. He also realizes that by working to keep the cap at 58 million he will have enough money to sign one more max contract. Dolan is a business man. What will bring in more revenue than having 2 superstars on his team. Having 3. While I still question Dolan’s overall intelligence in terms of rational decision making (not trusting Donnie Walsh, trusting Isiah) and in terms of his basketball IQ (do you really need an example?), it has never been in question that Dolan is a strong business man. Therefore this article by Berman does not surprise me although I do wish some of Dolan’s business smarts would carry over into his basketball IQ.[twitter-follow screen_name='tarmosino' show_screen_name='no']