From Yahoo! Sports:
Steve Mills, who hired Isiah Thomas and later was demoted after Thomas’ turbulent tenure at MSG, is leaving the company in June.
Mills will work for Magic Johnson Enterprises, who recommended Thomas to Mills when the Knicks were looking for a team president in 2003.
This doesn't come as much of a surprise, as there have been rumors of Donnie Walsh hiring and grooming an heir since he got here, with Mills decidedly out of the question. Though he stayed clear of the spotlight, Mills's legacy at MSG was just as trouble some as Isiah's. This is just one more step in Walsh's quest to overhaul the team at all levels. Meanwhile, when did this "Magic" fellow get so powerful? Wasn't he that dude who owned a few Burger Kings that one time?