leadership
confidence high
sentiment neutral
materiality 0.55
MSGE renews James Dolan as CEO with $1.5M base, $8.6M LTI target through 2027
Madison Square Garden Entertainment Corp.
- Renewal effective July 1, 2024; term expires June 30, 2027.
- Base salary not less than $1.5M annually; target bonus not less than 200% of base.
- Expected annual LTI target of not less than $8.6M starting FY2025.
- Agreement acknowledges Dolan's roles at MSGS, Sphere, AMC; non-compete for one year post-termination.
- Severance at least 2× base+target bonus, paid 60% at 6 months and 40% at 12 months.