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CHECKETTS OFFICIALLY TAKES THE REIGNS OF MSG
Published March 14, 1995
Dave Checketts officially became President of Madison Square Garden -- which includes the arena, tyhe Knicks and Rangers, and MSG Network -- yesterday after almost six months of being the corporation's acting president. The move comes three days after the $1B purchase of MSG by ITT and Cablevision Systems was formalized. Checketts said "his main priority is to maintain the competitiveness of the Knicks and Rangers," but he also wants to "enhance and create 'franchises' to increase profits satisfactory to Cablevision and ITT." Checketts anticipates no changes in MSG Network's on-air product, adding that "changes will have more to do with sponsors." Checketts did say: "At some point, we'll explore areas to take advantage of the connection between MSG and SportsChannel" (Richard Sandomir, N.Y. TIMES, 3/14). Many of Checketts' duties at the Knicks will be delegated to GM Ernie Grunfeld (N.Y. POST, 3/14).