Glen Grunwald's Board Blog

Archive of the blog of the former President and CEO of the Toronto Board of Trade.

Tuesday, September 19, 2006

Me, The Knicks And The News

Just got back from the Canadian Chamber of Commerce meeting in Saskatoon to find the media machinery going full tilt!

In case you hadn't heard, the New York Daily News ran a story on Sunday saying that I was a candidate for a front office job with the New York Knicks basketball team. Now, all the media in Toronto and a number of other outlets across North America are running with the story.

It seems that every time a managerial job opens up in the NBA, my name comes up and they quite often contact me -- and that's happened again this time with the Knicks. However, there has been no formal offer of a contract or a job.

Frankly, I've got a lot of good reasons, personal and professional, to stay right where I am. I love this city and I get a lot of fulfillment from working at the Board of Trade.

There's not much more I can say about this. I think this morning's story in the Globe and Mail summed it up pretty well. It's business as usual for me, and if anything changes, I'll be putting an update here.


Anonymous Anonymous said...

Oh my god you have a blog!

9:49 p.m.  
Anonymous Anonymous said...

Don't leave Toronto. We'll miss ya big guy.

9:54 p.m.  
Anonymous Anonymous said...

I think the Knicks situation is too big of a mess for anyone to clean up unless you're given several years to do so. I can't imagine that any amount of money would be worth the unrealistic expectations of digging that team out of the hole they're in.

Having said that, if you do take the job, I'm going to ask for an interview before you leave town.


2:11 a.m.  
Blogger Glen Grunwald said...

I've been getting a lot of nice messages from people asking me to stick around. Thanks!

9:35 a.m.  
Anonymous Anonymous said...

I would wait until your friend Isiah is dismissed (after beginning the season 3-18) before pursuing that role, but even then, you would be inheriting quite a mess. At least you wouldn't be forced to hire Kevin O'Neill...



1:14 p.m.  
Anonymous Anonymous said...

Stick around?!! Get the hell outta here Glen. Although unfamiliar with the specifics of the Knicks gig, one could imagine that opportunities within that monolith are seldom. Lest you forget, it's the New York Knicks, and with Isiah at the helm, you'll be a major player in personnel decisions. Needless to say, Isiah is not adequately equipped for this undertaking – judging from his track record heretofore - and would gladly delegate such responsibilities. Moreover, his expiration date is imminent. To suppose you would be his successor would be presumptuous, but you would have a very valuable year to woo James Dolan and co.

Your undoing as a G.M. was based solely on your location and ironically, the obstinacy of the Raptors organization as a whole. Had you been in a major market, such as New York, you would not have had to overpay numerous figures to placate Vince, Larry Tanenbaum, Richard Peddie and, to a lesser extent, the Toronto fans. The pressure to resign mediocre players to exorbitant multi-year contracts turned from a basketball decision into a corporate decision - in a city that was palpably ignorant when it came to evaluating talent beyond the marquee name. Separating the corporate from the management of the team at the time was virtually impossible; however, in New York, many pieces are there for rearrangement, the resources are plentiful, and Isiah is as popular as David Berkowitz.

Glen, I’m going to address the New York situation from a purely basketball perspective, so let us examine their current roster and fiscal obligations:

2006/2007 Team Salary - $ 140, 595, 134


Allan Houston – $20 million plus removed from the books after this year.

Stephon Marbury – Slightly under $60 million for 3 remaining years. Still a tradable commodity.

Jalen Rose – Last year at $16 + million.

Steve Francis – approximately $49 million over three years.

Maurice Taylor - $9 + million in his final year under contract, and presumably, the NBA if the world is a just place.

Eddie Curry - $8 + million this year. An immensely talented and young player, with untapped potential and, at the very least, much value on the open market.

Quentin Richardson/Jamal Crawford – They’re not going anywhere, any time soon. 4 and 5 years respectively at about $8.5 million per.

Malik Rose/ Jerome Williams - $7 million each for this year, although, I believe a buyout was orchestrated on the latter.

For all intents and purposes, that’s the core of burdensome salaries. The remaining players are under rookie contracts.

With the irascible Larry Brown out of the fold, chemistry ought to only improve on the court.

This is the Knickerbockers, Glen, the Knickerbockers. If you endeavour to get back into professional hoops, I’m not sure how you could pass this up if they’re offering you the lion’s share of managerial duties.

Conjure this picture for yourself: Mid-June, 4-5 years. You’re sitting down at your breakfast table readying yourself to make a trip from your Long Island manor to M.S.G. for game 7 of the N.B.A. championship. Does the height of anything at the Toronto Board of Trade compare to what that atmosphere would be like?

6:52 p.m.  
Blogger Andrew said...

GG's got a blog? sweet!

Taking the Knicks' job? Is u crazy?!

Let's see...go to NY, inherit one of the worst-managed situations in the history of professional sports and be scrutinized every day by the NY media machine for not parting the red sea...


..Stick around the fair city of Toronto and use your skills and influence to make it a better city for all of us.

Please choose option B Glen.

11:39 a.m.  
Anonymous Martin in the Air Force said...

As a fan and contract manager serving in the Air Force I have two proposed trades for you.

Q. Rich for Joe Smith; S. Francis for E. Jones.

Those two Knicks deserve to start and would in Denver and Memphis. And the two coming to NY have expiring contracts. It frees up minutes without sacrifing veteran leadership. I had a good 3-way trade if you hadn't bought out Maurice's contract. Oh well.

Good luck and welcome to NY!

5:00 p.m.  

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