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Stock impact report

Ex-Knicks star Charles Oakley must pay MSG $642K in attorney fees amid ongoing court battle over 2017 ejection [FOX News]

Madison Square Garden Entertainment Corp. Class A (MSGE) 
Company Research Source: FOX News
A federal judge ruled that Oakley owes the Madison Square Garden Company around $642,000 in attorney fees stemming from an ongoing lawsuit between the two sides. The legal issues stemmed from Oakley's highly publicized ejection from a Knicks game in early 2017, when he hit a security official near owner James Dolan's courtside seat. "Charles Oakley came to the game tonight and behaved in a highly inappropriate and completely abusive manner," the Knicks said in a statement at the time. "He has been ejected and is currently being arrested by the New York City Police Department. He was a great Knick, and we hope he gets some help soon." The team claims Oakley was yelling continuously at Dolan, but Oakley has denied that and said he was asked to leave the arena shortly after taking his seat at the game for no reason. He has not been back to Madison Square Garden since, despite the team's recent resurrection. Attorneys for MSG attempted to get Oakley's deleted texts, resulting in Show less Read more
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