LIFE’S NOW A BITCH (AND HO) FOR NEW YORK TAXPAYERS: The NEW YORK DAILY NEWS has even more happy news for Knicks fans (and all citizens of the great Empire State): You are paying most of the $11.6M settlement from the Isiah Thomas sex harassment judgement.
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Michael Daly reports that in 1982, New York lawmakers decided to give the owners of Madison Square Garden (and the Knicks and Rangers) a yearly tax break. That exemption now amounts to almost exactly $11M annually. How convenient!
