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Report: Knicks to buy out Brown's contract
May 14, 2006
NEW YORK (TICKER) -- After a trying season, Larry Brown may not return to the New York Knicks for a second season.
According to a report in Sunday's New York Daily News, Madison Square Garden chairman James Dolan is considering buying out the final four years of Brown's contract at a figure worth at least $40 million.
Brown suffered through a dismal 23-59 record with New York and feuded with star guard Stephon Marbury all season.
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The report indicated that Dolan had become disenchanted with Brown's public criticism of his players and would install team president Isiah Thomas as coach.
Brown received a reported five-year contract worth between $50 million and $60 million in July, making him the highest-paid coach in professional sports history.
May 14, 2006
NEW YORK (TICKER) -- After a trying season, Larry Brown may not return to the New York Knicks for a second season.
According to a report in Sunday's New York Daily News, Madison Square Garden chairman James Dolan is considering buying out the final four years of Brown's contract at a figure worth at least $40 million.
Brown suffered through a dismal 23-59 record with New York and feuded with star guard Stephon Marbury all season.
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The report indicated that Dolan had become disenchanted with Brown's public criticism of his players and would install team president Isiah Thomas as coach.
Brown received a reported five-year contract worth between $50 million and $60 million in July, making him the highest-paid coach in professional sports history.
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