Citadel boosts stake in James Dolan’s Sphere after Steve Cohen investment

Ken Griffin’s Citadel increased its stake in James Dolan’s Sphere Entertainment just weeks after it revealed that another hedge fund mogul, Mets owner Steve Cohen, had invested in the company. Citadel Advisors has increased its stake in the company that owns Las Vegas’ revolutionary concert venue from 1.6% to 5.3%. According to an SEC filing […]

Adam Silver won’t engage on Knicks owner James Dolan’s issues

LAS VEGAS — Last year, the Knicks sued another NBA team, questioned the commissioner’s objectivity and sent scathing letters to other owners about the direction of the league. Given the opportunity to respond or elaborate on Tuesday, Adam Silver largely sidestepped the issue surrounding the Knicks and James Dolan. “My response is that we are […]