Jim Buss Remains Optimistic About Lakers Leonsis Weighing Wizards Practice Facility Spots Dalian Wanda Buys Ironman For $650M Minding My Business: Hornets' Donna Julian Indy Approves Pacers' Practice Facility NBA Teams Turn To Analytics Firm Second Spectrum NBA Kings' Arena To Be Fully Solar Powered Stern Reportedly Urged To Run For N.Y. Mayor NBA Kings Push Back Opening Of Hotel Pistons' Season-Tix Renewals Nearing 90%
SBD/March 20, 2014/Finance
Analyst: Knicks' Phil Jackson Hire Good News For MSG Stock Based On Attendance, TV
Published March 20, 2014
FACE OF THE FRANCHISE: In N.Y., Richard Sandomir notes Jackson is "now a face of the publicly traded Garden," along with Knicks F Carmelo Anthony, Rangers G Henrik Lundqvist and musician Billy Joel. Jackson's return "came at an important time for the Garden: late in the first season" of the arena’s $1B renovation. Sandomir: "The arena needed another attraction. Jackson is it." Jackson, like "no other top Knicks executive of the past, ... will be essential to the team’s marketing until it consistently wins." If Jackson succeeds, MSG will "gain revenue from more playoff games and more telecasts (and higher advertising rates) on MSG Network" (N.Y. TIMES, 3/20).