Tuesday, July 28, 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. 

New York 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 its 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. New York 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 the 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.

New York finished the regular season as the No. 3 seed in the Eastern Conference with a 53–29 record, but it has been on a historically dominant hot streak in the playoffs. After falling behind 2–1 to the Hawks, the Knicks have 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

Major Figure in NBA Betting Case Pleads Guilty to Poker Fraud

Shane Hennen is implicated in all three federal gambling probes. 
Jul 25, 2026; Chicago, Illinois, USA; Team Spoon center Jonquel Jones (35) holds the All Star MVP trophy during the 2026 WNBA All Star Game at United Center.

WNBA All-Star Game Draws 3.2 Million Viewers

Caitlin Clark missed last year’s game, but was healthy this year.

NBA, MLB Want More Say in Prediction Markets

The NBA said a new rules proposal “falls well short.”

Every Major College Jersey Patch Deal So Far

A comprehensive list of all jersey patch partnerships announced so far.
podcast thumbnail mobile
Front Office Sports Today

7/28/26 – 76ers’ Huge TV Boost, UNC GM Investigation, Stanford’s Unionization Process

0:00

Featured Today

Tom's Watch Bar

Sports Bars Are Cashing In From Summer of Soccer

The World Cup has brought a windfall to America’s biggest sports bars.
Jun 16, 2026; East Rutherford, New Jersey, USA; France forward Michael Olise (11) controls the ball against Senegal during a Group I match of the 2026 FIFA World Cup at New York New Jersey Stadium
July 16, 2026

Where World Cup Stars Go to Customize Their Cleats

The world’s best players turn to a Scottish craftsman for perfect cleats.
July 10, 2026

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.

49ers’ Strange Offseason Takes Another Turn With Shanahan Crash

Shanahan will be limited for the start of training camp.
April 17, 2026, Boston, MA: Sponsor Signage is displayed during the game between the Detroit Tigers and the Boston Red Sox at Fenway Park in Boston, Massachusetts. Friday, April 17, 2026.
July 24, 2026

Red Sox 15-Game Win Streak Cost Boston Restaurant Thousands

A Red Sox promotion became unexpectedly expensive.
July 26, 2026

LeBron Officially Signs $8M Deal As Sixers Continue Roster Shuffle

James agreed to a two-year deal with the Sixers on Friday.
Sponsored

Saints Great Turns to Ownership

Marques Colston discusses the launch of Champions Fund and how he navigated the business world after football
July 17, 2026

WNBA Union Blasts Chicago Sky For Yet Another Facility Delay

The facility has been delayed multiple times since being announced in 2024.
Mar 8, 2026; Milwaukee, Wisconsin, USA; Milwaukee Bucks forward Gary Trent Jr. (5) drives for the basket against Orlando Magic guard Jevon Carter (2) in the first quarter at Fiserv Forum.
July 16, 2026

NBA Investigating Gary Trent Jr.’s New Bucks Contract

Trent agreed to a four-year, $64 million deal on July 11.
July 16, 2026

Mark Cuban Gearing Up for Lawsuit Over New Mavs Arena

Cuban seeks to prove Patrick Dumont unlawfully cut him out of opportunities.
Jerry Colangelo sits courtside as the GCU Lopes play the Oklahoma State Cowboys at Mortgage Matchup Center on Dec. 6, 2025, in Phoenix, Arizona.
First at FOS
July 15, 2026

Las Vegas Jacks Have Been in the Works for Over a Year

The group paid $2,200 in fees to apply for the two trademarks.