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Optimism.

Cablevision is a large corporation, and the Knicks still make money even with a losing team. Clearly losing potential profits is not what they like, but since the team is still the most valued franchise in the NBA they continue to take on the optimistic & short term philosophical approach to satisfying Knick fans, with big trades to excite them, like they are shareholders.

They can keep losing millions of potential dollars that might be made if taking a different approach, but Cablevision was not really hurting enough as a business, financially, to support this philosophical change, which could happen, in part from public displeasure.

Basically, to answer your question, I think it’s both…sort of.

1) Dolan wants to maximize short term gains, which means may mean more about generating excitement about the potential of putting out a winning team or actually doing it via use of their practically unlimited capital, to try and make more money than they already are.

2) Cablevision’s level of capital, the team’s value, and sources of profit are so high that they can clearly keep banking on this high risk approach, which is seeded in optimism, and assumption that the Knicks can buy their way to the top of the NBA.

So they can risk spending and losing some more in wins and dollars because if they generate excitement that works for them, and then if the team actually wins the profits may be THAT high, as well what I suspect is the satisfaction of proving critics wrong, which is the personal factor, with Dolan and Isiah.

This is like hedge fund investing, which is high risk, but can net incredible gains. Of course some of the big investment banks have lost out on hedge funds, and have thus been in some trouble.

If steroids could make that happen it would be worth it…

I would.

“As for the topic of this blog (Fire Isiah), maybe some of the fans should be fired – ever think about that?”

I’m pretty sure any fans that are still paying attention all deserve big checks in the mail from Mr. Dolan for their loyalty.

They may lose millions, but Cablevision still makes a big enough profit from other investments that the Knicks losses are practically a drop in the bucket for them.

These statements seem to be contradictory. Which is it– Dolan wants to maxmize short-term profit, or Dolan doesn’t care if the Knicks lose money?

As for the topic of this blog (Fire Isiah), maybe some of the fans should be fired – ever think about that?

* Clemens is innocent until proven guilty – so is Bonds.

The Knicks need years of work before they can reach respectability. Isiah has months, not years to salvage his legacy. He has no incentive to do what the Knicks need, which is get rid of as many albatross contracts as possible. Nor does he have any incentive to get a high draft pick; any drafted players will not arrive in time to save his job. Nor is it in his self interest to give court time to let our young players develop. Unfortunately, it is in Isiah’s self interest to trade draft picks or expiring contracts for Artest or someone else who will nudge the team towards mediocrity and save his job with a win total in the high thirties.

Right now the Knicks need to forget about this year’s wins and losses and adopt a long term plan. Why would Isiah make moves that will benefit the future knowing that if the team continues to suck, he won’t be arrowed to get credit?