Madison Square Garden Entertainment (MSGE) executive compensation, 2025 proxy

James L. Dolan, Executive Chairman and Chief Executive Officer, was paid $14.2M in 2025, up 38% from $10.2M the year before. The CEO-to-median-employee pay ratio was 567:1, on median employee pay of $24,985.

Filed
October 24, 2025
Annual meeting
December 10, 2025
Pay year
2025
Named executives
7
CEO total pay
$14.2M+38% vs prior year
CEO to median employee
567:1median $24,985
CEO pay in equity
65%$9.3M in awards
Prior say-on-pay support
99%of votes cast
CEO stock awards
$9,251,0122025 grant-date fair value
CEO incentive compensation
$3,000,000Annual incentive award
Collins special bonus
$450,000Forfeited compensation and relocation
Taki special bonus
$250,000Forfeited compensation

How Dolan was paid

$14.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary11%Stock awards65%Non-equity incentive21%All other compensation3%

Named executive officers

ExecutiveTotal
James L. DolanExecutive Chairman and Chief Executive Officer$14,154,313
David J. CollinsExecutive Vice President and Chief Financial Officer$1,070,564
Laura FrancoExecutive Vice President and General Counsel$1,869,869
Philip G. D’AmbrosioExecutive Vice President and Treasurer$2,848,474
Layth TakiSenior Vice President, Controller and Principal Accounting Officer$2,085,163
Michael J. GrauFormer Executive Vice President and Chief Financial Officer$4,455,583
Lee WeinbergSenior Vice President, Business and Financial Operations and Former Interim CFO$1,634,214

What changed and why

  • $14.2M2025 CEO total compensation was $14,154,313, up from $10,229,763 in 2024, driven mainly by higher salary and stock awards.
  • 11%11% of CEO total compensation was salary, while stock awards were $9,251,012.
  • $3M$3,000,000 in annual incentive compensation was reported for Dolan; AOI funded annual incentives and AOI and net revenue drove long-term awards.
  • $450K$450,000 and $250,000 special bonuses went to Collins and Taki for forfeited compensation connected with joining the Company.
  • $2.8M$2,800,000 in separation-related payments were reported for former CFO Michael Grau after his November 2024 departure.
  • 98.8%98.8% of votes cast supported say-on-pay at the 2024 annual meeting, while the 2025 CEO-to-median-employee ratio was 567:1.

Other Madison Square Garden Entertainment proxy statements

  • 2026 proxy statement

    James L. Dolan paid $14.8M (+5% on the year), pay ratio 584:1.

    Filed Oct 22, 2026

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.