Friday, July 6, 2012

Would a Jeremy Lin Departure Spell Doom for Madison Square Garden Shares

Madison Square Garden, the company that owns the New York Knicks, New York Rangers, and the Garden, is publicly traded on the stock exchange. Madison Square Garden, with symbol MSG, is up over 25% since February when Linsanity began. Linsanity has helped boost ticket sales, merchandise, and cable ratings. Jeremy Lin's ratings bump helped Madison Square Garden land a new deal with Time Warner, who had pulled the MSG channel from its lineup. In the article below, I point out why the New York Knicks won't let Jeremy Lin go, due to his playing ability and his marketability.

Could a Jeremy Lin Departure Spell Doom For Madison Square Garden?

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