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Isiah Thomas to be appointed to Knicks board of directors
New York Post • • business
Key Points:
- Isiah Thomas will join the Knicks board of directors following the planned split of Madison Square Garden Sports Corporation into two separate publicly traded companies on October 26, creating MSG Knickerbockers Corporation and MSG Rangers Corporation.
- Thomas’ role on the board will be a standard governance position answering to shareholders and will not involve basketball operations or roster decisions.
- Thomas previously served as Knicks president and head coach from 2003 to 2008, a period marked by poor team performance and a sexual harassment lawsuit against MSG that was settled without Thomas being held financially liable.
- Despite his controversial tenure, Thomas has maintained a relationship with Knicks owner James Dolan and played behind-the-scenes roles in key team decisions, including the pursuit of LeBron James and the acquisition of Amar’e Stoudemire and Carmelo Anthony.
- Former Knicks president Steve Mills will move from the MSG Sports Corporation board to the MSG Rangers Corporation board following the corporate split.
