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Sport: BasketballCountry: United StatesCategory: Trades

Knicks secure first NBA championship in 53 years under James Dolan's leadership

Yahoo Sports • 1 min read • Latest: Jun 14, 2026, 3:35 AM

Last updated Jun 14, 2026

Knicks secure first NBA championship in 53 years under James Dolan's leadership
Summary

The New York Knicks have won the NBA Championship for the first time since 1973, ending a 53-year title drought. After years of turmoil, including limited playoff appearances, the franchise's resurgence is linked to James Dolan stepping back and hiring Leon Rose as president of basketball operations in 2020. Key acquisitions like Jalen Brunson and trades for Karl-Anthony Towns, O.G. Anunoby, Mikal Bridges, and Josh Hart contribute to the Knicks' success. Forbes recently valued the Knicks at $9.75 billion, the third-highest in the NBA. Dolan's fortune has also seen significant growth amid this turnaround.

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Key Details
  • •Knicks win NBA Championship for the first time in 53 years
  • •James Dolan has been with the franchise since 1999
  • •Leon Rose hired as president of basketball operations in 2020
  • •Forbes values Knicks at $9.75 billion
  • •Dolan's fortune rises to $7 billion amid team success
Latest Updates
  • 3:35 AMYahoo Sports — James Dolan’s Knicks Just Won The NBA Title. Here’s How He Made His Fortune.
What they're saying
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The Madison Square Garden chairman is famous for his feuds, but he has nothing to complain about on or off the court these days, with the Knicks worth nearly $10 billion.

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