DEG in NBA Arbitration between NY Knicks and Coach Larry Brown

in News

NOVEMBER 2006; NEW YORK, NEW YORK – DEG participated in an arbitration to
resolve a contract dispute between Larry Brown and the New York Knicks, held at the
offices of the National Basketball Association before Commissioner David Stern.
Cablevision, parent company of the Knicks, revealed in its third-quarter filing with the
Securities and Exchange Commission that the dispute has been settled, with Mr. Brown
receiving $18.5 million. The remainder of the settlement terms remain confidential.
Commissioner Stern also ordered all parties not to comment publicly, as reported by the
New York Times.