Tuesday, May 26, 2026

James Dolan’s Controversial $30M Thibodeau Firing Has Paid Off

Mike Brown has the Knicks in their first Finals since 1999.

Brett Davis-Imagn Images

Knicks owner James Dolan’s controversial decision to change coaches a year ago has paid off. 

On Monday, the Knicks completed their sweep of the Cavaliers to clinch their first NBA Finals berth since 1999. They will play either the Spurs or defending champion Thunder for a chance to win their first NBA title since 1973. 

The Knicks did so behind first-year coach Mike Brown, who was hired after Dolan fired Tom Thibodeau last season after five years. Thibodeau helped pull the Knicks out of mediocrity and led the team to its first back-to-back 50-win seasons in decades and first conference finals appearance since 2000. 

At the time of his firing, the Knicks owed Thibodeau roughly $30 million from an extension he signed the previous season. The Knicks hired longtime coach Mike Brown to replace Thibodeau. 

“Our organization is singularly focused on winning a championship for our fans,” team president Leon Rose said in a statement announcing Thibodeau’s firing. 

Dolan later clarified that the controversial firing was his call in an interview with WFAN in January. It was Dolan’s first media appearance in two years. 

We needed to evolve beyond the old traditional coaching formulas,” Dolan said. “And we tried to work that with Tom. And it really wasn’t his thing.”

Dolan has been accused of interfering in the Knicks basketball operations over the years and even admitted to overreacting as an owner when he appeared on Jalen Brunson’s and Josh Hart’s podcast.

There were times when [we’ve] sort of reached for that shiny, sparkly object,” Dolan said in March 2025. “‘Maybe this is what we need.’ Especially when things weren’t going well. Let’s bring in this guy and maybe he’ll turn it all around for us.’ Sometimes it’s players, sometimes it’s a coach.

But Dolan has been aggressive. The team’s $207 million payroll is second-highest in the NBA, and this current roster was constructed primarily through the signing of Brunson and multiple blockbuster trades for OG Anunoby, Mikal Bridges, Hart, and Karl-Anthony Towns.

The Knicks finished the regular season as the No. 3 seed in the Eastern Conference with a 53–29 record, but have been on a historically dominant hot streak in the playoffs. After falling behind 2–1 to the Hawks, New York has won 11 straight games, many of them blowouts. 

Dolan’s decision to fire Thibodeau has been justified. Now he has the chance to look prophetic. 

While on WFAN in January, Dolan said the expectation is for his team to win the title. 

“We want to get to the Finals and we should win the Finals,” said Dolan. “This is sports, this is business and anything can happen, but getting to the Finals, we absolutely got to do. Winning the Finals, we should win.”

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Fox’s USMNT World Cup Roster Reveal Spoiled By Leaks

Tuesday was supposed to be a marquee World Cup kickoff for Fox.
May 25, 2026; Cleveland, Ohio, USA; New York Knicks lift the 2026 Eastern Conference trophy after defeating the Cleveland Cavaliers in game four of the eastern conference finals for the 2026 NBA playoffs at Rocket Arena.

Title-Starved Knicks Fans Push Finals Tickets to $3,700

Demand for games at Madison Square Garden reaches Super Bowl-like levels.
May 25, 2026; Cleveland, Ohio, USA; New York Knicks forward OG Anunoby (8) high fives New York Knicks center Karl-Anthony Towns (32) in the fourth quarter against the Cleveland Cavaliers during game four of the eastern conference finals for the 2026 NBA playoffs at Rocket Arena.

Knicks Reach First NBA Finals Since 1999

The Knicks are looking for the franchise’s first NBA title since 1973.
Dec 31, 2025; Orlando, FL, USA; Texas Longhorns quarterback Arch Manning (16) runs with the ball against the Michigan Wolverines during the first half at Camping World Stadium.

Sankey: No Decision on CFP Expansion Expected This Week

Sankey said the meeting was the most-anticipated of any in recent memory.

Featured Today

Big Money on the Line on Premier League’s Final Day

Arsenal has won the title, but millions are still at stake.
Texas State mascot
May 22, 2026

Mascot-Reveal Videos Are the Newest College Sports Tradition

Student mascot unmasking videos are going mega-viral.
Charlie Pliner and Nikolas Rohrmann
May 22, 2026

How 2 Brown Undergrads Became Sports Dealmakers

An experimental project turned into a permanent course and business deal network.
May 14, 2026

NFL Rivalries Are Made on the Field, Mocked in Schedule Release Videos

Every year, teams find new ways to one-up themselves (and their rivals).

Man City’s Pep Guardiola Is Leaving: ‘Don’t Ask Me the Reasons’

The six-time Premier League winner ends his epic run one year early.
May 19, 2026

Trail Blazers Lay Off Dozens As Tom Dundon’s Cuts Continue

The team confirmed the departures in a statement Tuesday.
Nov 20, 2025; Salt Lake City, Utah, USA; Vegas Golden Knights head coach Bruce Cassidy watches play against the Utah Mammoth during the third period at Delta Center
May 20, 2026

NHL Coaches’ Association Pushes Back on Vegas Cassidy Restrictions

Vegas is within bounds, but the move is unusual and controversial.
Sponsored

The Hidden Economy of Race Weekend

Learn more about the Vintage Flying Museum and how Spectrum Business is helping them achieve their business goals while fueling their dreams.
May 19, 2026

Arsenal Wins First Premier League Title Under American Owners

The Gunners hadn’t won England’s top league since 2004.
May 4, 2026; New York, New York, USA; New York Knicks guard Josh Hart (3) controls the ball against Philadelphia 76ers forward/guard Kelly Oubre Jr. (9) during the first quarter of game one of the eastern conference semifinal round of the 2026 NBA Playoffs at Madison Square Garden.
May 18, 2026

Knicks Ticket Demand Sees MSG Get-In Prices Soar

Resale ticket prices for any potential Finals games at MSG begin at about $2,500.
May 13, 2006; Washington, D.C, USA; FILE PHOTO; Houston Comets at Washington Mystics -- Houston forward Sheryl Swoopes brings the ball up court.
May 14, 2026

Houston WNBA Team Expects to Keep Comets Name

The Connecticut Sun will move to Houston in 2027.
May 13, 2026

Bob Myers Will Run Sixers While Leading Hunt for New GM

Myers constructed four championship teams in Golden State.