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CFO of Las Vegas’ splashy $2.3B Sphere arena abruptly QUITS after being ‘yelled and screamed’ at by MSG boss James Dolan

  • Gautam Ranji, chief financial officer for Las Vegas entertainment venue Sphere, quit on October 30 after only 11 months in the role
  • Ranji was reportedly ‘yelled and screamed’ at by James Dolan, the businessman who owns Sphere, as well as a slew of New York City venues and the Knicks
  • Neither Dolan nor Ranji have commented: Dolan’s company said ‘his departure from the company was not a result of any disagreement’ with management

The chief financial officer of Las Vegas entertainment venue Sphere abruptly quit last month after the famously volatile owner of the company ‘yelled and screamed’ at him during a meeting.

Gautam Ranji on October 30 was berated by James Dolan, whose company also owns Madison Square Garden and the New York Knicks NBA team.

Dolan was ‘yelling and screaming’ at Ranji, sources told The New York Post.

Ranji ‘calmly’ left the room in the middle of the meeting, and gave his notice to the company’s general counsel.

‘Gautam is very calm and usually can take it and roll with it,’ a source told the paper.

The 68-year-old Dolan, however, ‘is the consummate hammer,’ the source added.

‘He treats everyone like a nail.’

James Dolan

Gautam Ranji

James Dolan (left), the billionaire owner of Madison Square Garden and Sphere in Las Vegas, reportedly ‘yelled and screamed’ at the CFO of Sphere, Gautam Ranji (right). Ranji quit on October 30

Tourists are seen in front of Sphere on September 29

Tourists are seen in front of Sphere on September 29

Sphere cost $2.3 billion to build, and dazzles Las Vegas

Sphere cost $2.3 billion to build, and dazzles Las Vegas

The source said that the timing of Ranji’s departure, days before the quarterly earnings presentation – scheduled for November 8 – was remarkable.

‘They did a wonderful job burying the news,’ said the source. ‘A CFO quitting less than a week before earnings is unheard of.’

A spokesperson for Sphere, asked by DailyMail.com to comment on Ranji’s departure, pointed to a statement within the company’s securities filing, made on November 3.

‘The publicly filed 8K clearly outlines that his departure from the Company was not a result of any disagreement with the Company’s auditors or any member of management,’ the spokesperson said.

Neither Dolan nor Ranji have commented.

Dolan has taken a hands-on role leading Sphere since the president of MSG Sphere, Lucas Watson, left the company in February after 13 months in the role.

Sphere, which cost $2.3 billion – running $1 billion over budget – opened on September 29, with U2 headlining a series of spectacular shows which have featured guest stars including Lady Gaga.

Dolan is seen at a New York Knicks game in 2019

Dolan is seen at a New York Knicks game in 2019

Dolan is seen at the opening of Sphere on September 29

Dolan is seen at the opening of Sphere on September 29

Bono and Lady Gaga perform at Sphere on October 25

Bono and Lady Gaga perform at Sphere on October 25

U2 are seen on stage in the middle of Sphere - a venue that has wowed audiences in its first month in action

U2 are seen on stage in the middle of Sphere – a venue that has wowed audiences in its first month in action

The Sphere is the brainchild of Dolan, who sketched the first drawing of the venue on notebook paper.

The massive spherical venue, standing 366 feet high, lights up the Las Vegas skyline.

Inside the 516-foot-wide Sphere, a high-resolution LED screen wraps halfway around the 17,500-seat audience.

The venue is equipped with thousands of speakers that will deliver a ‘crystal-clear,’ multi-layered experience.

‘I’m thinking the that the Sphere may have come into existence because of Jim Dolan trying to solve the problem that The Beatles started when they played Shea Stadium,’ Bono said on the opening night.

‘Nobody could hear you. You couldn’t hear yourselves. Well, the Sphere’s here. Can you hear us?’

sports lottery

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Sports Event Casino Handicap Description

PK0It means not giving in to each other, and winning 1 point wins all.
0-500/0.5Indicates that when the handicap team is tied with the transferee team, the team betting on the handicap loses 50%.
0 loss0.5Indicates that when the handicap team is tied with the transferee team, the team betting on the handicap loses.
1+500.5/1When the handicap team wins the handicap team by 1 point, the team betting on the handicap wins 50% and wins all 2 points.
1 level1Indicates that when the handicap team wins the handicap team by 1 point, the two teams will tie and win by 2 points.
1-501/1.5When the handicap team wins the handicap team by 1 point, the team betting on the handicap loses 50% and wins all 2 points.
1 loss1.5When the handicap team wins the handicap team by 1 point, the team betting on the handicap loses all and wins by 2 points.
2+501.5/2When the handicap team wins the handicap team by 2 points, the team betting on the handicap wins 50% and wins all 3 points.
2 flat2Indicates that when the handicap team wins the handicap team by 2 points, the two teams will tie and win all 3 points.
2 losses2/2.5When the handicap team wins the handicap team by 2 points, the team betting on the handicap loses 50% and wins all 3 points.
3+502.5When the handicap team wins the handicap team by 2 points, the team betting on the handicap loses all and wins all 3 points.
3 losses2.5/3When the handicap team wins the handicap team by 3 points, the team betting on the handicap wins 50%, and all 4 points win.
3 levels3Indicates that when the handicap team wins the handicap team by 3 points, the two teams will tie and win all 4 points.
3-503/3.5When the handicap team wins the handicap team by 3 points, the team betting on the handicap loses 50% and wins all 4 points.
3 losses3.5When the handicap team wins the handicap team by 3 points, the team betting on the handicap loses all and wins all 4 points.
Sports Event Casino Handicap Description

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