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Sphere Entertainment Executive Compensation (FY25)

SPHR · Executive and director compensation, fiscal 2022 to 2025

The paid brief on Sphere Entertainment

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
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Data as of September 7, 2026Latest filing (8-K): June 12, 2026
7 filings cited on this page
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Sphere Entertainment brief$1,500Get the executive brief
278 figures on this page: 275 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
James Dolan
Median of the other named officers
$4,347,505
7 officers, excluding the chief executive
Latest say-on-pay support
=
June 10, 2026
Chief executive pay ratio
◇
To the median employee

More on Sphere Entertainment

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — James Dolan: $27,441,193 → $14,284,275 (47.9% lower)
CEO pay ratio: 1,146:1 → 379:1 (66.9% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Sphere Entertainment's chief executive and what were they paid?
Total compensation for James Dolan, Executive Chairman and Chief Executive Officer, came to $14,284,275 in fiscal 2025. Dolan's total was 47.9% lower than the $27,441,193 reported for fiscal 2024.
What was Sphere Entertainment's say-on-pay result?
The say-on-pay proposal drew 94.2% support at the meeting held June 10, 2026 for fiscal 2025.
What is Sphere Entertainment's chief executive pay ratio?
The company reported a chief executive pay ratio of 379:1 for fiscal 2025, against median employee compensation of $37,719.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Dolan
Executive Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Andrea Greenberg
Former President and Chief Executive Officer, MSG Networks
◇—◇—◇◇◇◇
David Granville-Smith
Executive Vice President
◇◇◇————◇
Gregory Brunner
Former Senior Vice President, Controller and Principal Accounting Officer and Former Interim PFO
Served on an interim basis
◇◇————◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Dolan
Executive Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Jennifer Koester
President and Chief Operating Officer of Sphere
◇◇◇◇◇—◇◇
Andrea Greenberg
Former President and Chief Executive Officer, MSG Networks
◇—◇—◇◇◇◇
David Granville-Smith
Executive Vice President
◇◇◇————◇
David Byrnes
President, MSG Networks
◇—◇—◇—◇◇
Gautam Ranji
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Gregory Brunner
Former Senior Vice President, Controller and Principal Accounting Officer and Former Interim PFO
Served on an interim basis
◇◇————◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Dolan
Executive Chairman and Chief Executive Officer
◇◇◇◇◇—◇◇
Jennifer Koester
President and Chief Operating Officer of Sphere
◇◇◇◇◇—◇◇
Andrea Greenberg
Former President and Chief Executive Officer, MSG Networks
◇—◇—◇◇◇◇
David Byrnes
Former Executive Vice President, Chief Financial Officer and Treasurer
Departed during or after this year
◇◇◇———◇◇
David Granville-Smith
Executive Vice President
◇◇◇—◇—◇◇
Gregory Brunner
Former Senior Vice President, Controller and Principal Accounting Officer and Former Interim PFO
Served on an interim basis
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
James Dolan
Executive Chairman and Chief Executive Officer
◇◇—◇◇—◇◇
Jennifer Koester
President and Chief Operating Officer of Sphere
◇◇◇—◇—◇◇
Andrea Greenberg
Former President and Chief Executive Officer, MSG Networks
Departed during or after this year
◇—◇——◇◇◇
Robert Langer
Executive Vice President, Chief Financial Officer and Treasurer
◇◇◇—◇—◇◇
David Granville-Smith
Executive Vice President
◇◇◇—◇—◇◇
Laura Franco
Former Executive Vice President and General Counsel
Departed during or after this year
◇◇◇—◇—◇◇
Gregory Brunner
Former Senior Vice President, Controller and Principal Accounting Officer and Former Interim PFO
Departed during or after this year
Served on an interim basis
◇—◇———◇◇
Christopher Winters
Senior Vice President, Controller and Principal Accounting Officer
◇◇——◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Andrea GreenbergRSU◇——◇——◇
Andrea GreenbergPSU◇◇◇—◇—◇
David Granville-SmithRSU◇——◇——◇
David Granville-SmithPSU◇◇◇—◇—◇
Gregory BrunnerRSU◇——◇——◇
Gregory BrunnerPSU◇◇◇—◇—◇
James L. DolanOPTION◇——◇—◇◇
Jennifer KoesterPSU◇◇◇—◇—◇
Jennifer KoesterRSU◇——◇——◇
Laura FrancoPSU◇◇◇—◇—◇
Laura FrancoRSU◇——◇——◇
Robert LangerPSU◇◇◇—◇—◇
Robert LangerRSU◇——◇——◇
Robert LangerRSU◇——◇——◇
Fiscal 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Gregory BrunnerRSU◇◇——
RSU◇◇——
Robert LangerRSU◇◇——
Andrea GreenbergRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
David Granville-SmithRSU◇◇——
RSU◇◇——
PSU◇◇——
Jennifer KoesterRSU◇◇——
James DolanRSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
John L. Sykes
◇◇————◇
Joseph J. Lhota
◇◇————◇
Vincent Tese
◇◇————◇
Isiah L. Thomas III
◇◇————◇
Brian G. Sweeney
◇◇————◇
Paul J. Dolan
◇◇————◇
Thomas C. Dolan
◇◇————◇
Joel M. Litvin
◇◇————◇
Kristin A. Dolan
◇◇————◇
Quentin F. Dolan
◇◇————◇
Charles P. Dolan
◇◇————◇
Marianne Dolan Weber
◇◇————◇
Debra G. Perelman
◇◇————◇
Carl E. Vogel
◇—————◇
Ryan T. Dolan and James L. Dolan served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 10, 2026=◇◇◇
2024June 4, 2025=◇◇◇
2023December 9, 2024=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Sphere Entertainment disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
278 figures on this page: 275 cited to the filing that reported them, 3 calculated from figures it prints.
275 cited to the filing
3 calculated from the filing

Documents cited

  1. 0001193125-26-269473
  2. 0001628280-26-027969
    2025 Director Compensation Table · 2025 GRANTS OF PLAN-BASED AWARDS · 2025 Grants of Plan-Based Awards · 2025 Summary Compensation Table · and 3 more sections
  3. 0001193125-25-135929
  4. 0001795250-25-000021
    2024 Transition Period Summary Compensation Table
  5. 0001193125-24-274286
  6. 0001795250-24-000033
    Summary Compensation Table
  7. 0001193125-22-269571
    Summary Compensation Table
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Sphere Entertainment executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/SPHR (accessed 2026).
Short form: data: Velarion

The paid brief for Sphere Entertainment

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $1,200 for the board report; $2,400 for both.
Get the executive briefGet the board briefNo account needed.
7 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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