Isiah Thomas is back at Madison Square Garden.
Thomas has been hired to be president of the New York Liberty of the WNBA. Thomas also will have an ownership stake in the team.
Sources: Isiah Thomas has been named President of the New York Liberty of the WNBA. Thomas will also have part ownership of the team.
— Chris Broussard (@Chris_Broussard) May 5, 2015
James Dolan, who owns the Knicks and Liberty — aid he began discussing the role with Thomas in the fall and he has been pleased with the results.
“Now, we’ve agreed that it is time for him to take a lead role with the team as president, and through his ownership interest. He’s an excellent judge of talent, and I’m confident that he will put all of his energy and experience into making the Liberty a perennially competitive and successful team,” Dolan said in a statement.
Thomas, 54, will not have any duties with the Knicks.
Thomas said: “I am honored to have the opportunity to lead the New York Liberty and help the franchise reclaim its position as one of the elite teams in the WNBA. Following a conversation with Jim about his thoughts on the franchise, I expressed my interest and enthusiasm for taking responsibility for both the basketball and business operations, as well as for taking an ownership interest in the team.”