Larry Dolan

Dolan attended St. Ignatius High School and got his law degree from University of Notre Dame in 1956.[1] He also received an honorary Doctor of Laws degree from Cleveland State University.[2]

Upon leaving Notre Dame, Dolan served in the United States Marine Corps for two years, where he attained the rank of first lieutenant. Upon leaving the Marine Corps in 1958, Dolan worked as assistant prosecutor in Geauga County, Ohio before going into private practice. He eventually became president and managing partner of Thrasher, Dinsmore, & Dolan in Chardon, Ohio.

In 2000, Dolan (through a family trust) bought the Cleveland Indians of MLB for $323 million from Richard Jacobs, who, along with his late brother David Jacobs, had paid $35 million for the club in 1986. Jacobs had taken the Indians public in 1997.[3] As part of the deal, Dolan bought all of the stock at just over $12 a share, making the franchise privately held once again.[4] During his time as owner, the Indians have experienced periods of competitiveness, including playoff runs in 2007, 2013, and making it to the World Series in 2016, as well as periods without success, including several seasons with over 90 losses.

While the Indians' player salaries were among the highest in Major League Baseball during Jacobs' last years as owner, at times they have been among the lowest under Dolan.[5] This has led some fans to regard Dolan as miserly,[6] although other fans dispute the reputation.[7] After the team reached the 2016 World Series, the Indians acquired free agents Edwin Encarnación and Boone Logan.[8][9] However, both of these players were with other teams by 2019 in an attempt to reduce payroll, thus adding to both sides of the “miserly” argument between fans.[10]

In 2006, he started SportsTime Ohio to air Indians games. Dolan has six children; among them are Matt who is a State Senator, and Paul who worked for his law firm and was since named as president, and later Chairman/CEO/controlling owner of the Indians. Dolan has said his children will eventually assume ownership of the Cleveland Indians in his stead. In 2012, STO was sold to Fox Entertainment Group.

His nephew James L. Dolan owns the New York Knicks of the NBA and the New York Rangers of the NHL.

He has three brothers: Charles; Bill (retired and living in Fort Myers, Florida) and David, who died in a glider plane crash in 1980.