An update from Madison Square Garden Entertainment Corp. (MSGE) is now available.
Madison Square Garden Entertainment Corp. has renewed its executive leadership by signing a new employment agreement with James L. Dolan, effective July 1, 2024. As Executive Chairman and CEO, Dolan’s remuneration will include a minimum annual salary of $1.5 million, a target bonus of at least 200% of his base salary, and the potential for long-term incentive awards valued at approximately $8.6 million annually. The agreement, which runs until June 30, 2027, ensures his continued influence at the company while providing for severance terms and allowing participation in long-term incentive plans.
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