Gaming & Lodging
Sphere Entertainment Executive Compensation (FY25)
SPHR · Executive and director compensation, fiscal 2022 to 2025
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 |
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Data as of November 4, 2026Latest filing (8-K): June 12, 2026
7 filings cited on this page
Method: intel.velarion.ai/methodology
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298 figures on this page: 295 cited to the filing that reported them, 3 calculated from figures it prints. See the citations
More on Sphere Entertainment
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Dolan Executive Chairman and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Andrea Greenberg Former President and Chief Executive Officer, MSG Networks | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Andrew Lustgarten Former President Departed during or after this year | ◇ | — | ◇ | — | ◇ | ◇ | ◇ | ◇ |
Scott Packman Former Executive Vice President and General Counsel Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Jamal Haughton Executive Vice President and General Counsel | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
David Byrnes Executive Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Mark FitzPatrick Former Executive Vice President and Chief Financial Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Philip D’Ambrosio Senior Vice President and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
James Dolan Executive Chairman and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
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
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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 Former Executive Vice President, Chief Financial Officer and Treasurer Departed during or after this year | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Gregory Brunner Former Senior Vice President, Controller and Principal Accounting Officer and Former Interim PFO Served on an interim basis | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Andrea Greenberg | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Andrea Greenberg | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| David Granville-Smith | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| David Granville-Smith | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory Brunner | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Gregory Brunner | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| James L. Dolan | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jennifer Koester | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Jennifer Koester | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Laura Franco | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Laura Franco | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Robert Langer | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Robert Langer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Robert Langer | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Jennifer Koester | RSU | ◇ | ◇ | — | — |
| James Dolan | RSU | ◇ | ◇ | — | — |
| Andrea Greenberg | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| David Granville-Smith | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Gregory Brunner | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| Robert Langer | RSU | ◇ | ◇ | — | — |
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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
John L. Sykes | ◇ | ◇ | — | — | — | — | ◇ |
Joseph J. Lhota | ◇ | ◇ | — | — | — | — | ◇ |
Vincent Tese | ◇ | ◇ | — | — | — | — | ◇ |
Charles P. Dolan | ◇ | ◇ | — | — | — | — | ◇ |
Quentin F. Dolan | ◇ | ◇ | — | — | — | — | ◇ |
Joel M. Litvin | ◇ | ◇ | — | — | — | — | ◇ |
Kristin A. Dolan | ◇ | ◇ | — | — | — | — | ◇ |
Marianne Dolan Weber | ◇ | ◇ | — | — | — | — | ◇ |
Thomas C. Dolan | ◇ | ◇ | — | — | — | — | ◇ |
Brian G. Sweeney | ◇ | ◇ | — | — | — | — | ◇ |
Paul J. Dolan | ◇ | ◇ | — | — | — | — | ◇ |
Isiah L. Thomas III | ◇ | ◇ | — | — | — | — | ◇ |
Debra G. Perelman | ◇ | ◇ | — | — | — | — | ◇ |
Carl E. Vogel | ◇ | — | — | — | — | — | ◇ |
James L. Dolan and Ryan T. 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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 10, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 4, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | December 9, 2024 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- James Dolan (Executive Chairman and Chief Executive Officer), FY2025 total compensation $14,284,275 (base salary $230,000) [exec_comp, SEC accession 0001628280-26-027969, filed 2026-04-28]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 — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable 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 IntelligenceAdviser 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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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
298 figures on this page: 295 cited to the filing that reported them, 3 calculated from figures it prints.
295 cited to the filing
3 calculated from the filing
Documents cited
- 0001193125-26-269473
- 0001628280-26-0279692025 Director Compensation Table · 2025 Grants of Plan-Based Awards · 2025 Summary Compensation Table · CEO Pay Ratio · and 2 more sections
- 0001193125-25-135929
- 0001795250-25-0000212024 Transition Period Summary Compensation Table
- 0001193125-24-274286
- 0001795250-24-000033Summary Compensation Table
- 0001193125-22-269571Summary 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 $500 for the board report; $900 for both.
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}
}