Knicks' Season-Ticket Renewal Rate Remains Lackluster, Despite 2% Increase

MSG officials said that the Knicks' season-ticket renewal rate has gone up "ever so slightly," rising from a "mediocre" 87% last season to 88.5% for the '16-17 season, according to Marc Berman of the N.Y. POST. In comparison, the NHL Rangers renewal rate was 98% last season and will be 95% this season. The Knicks were "coming off a 17-win campaign when they recorded" the 87% figure. The season-ticket renewal deadline was in May, well before Knicks President Phil Jackson "flipped the club around" by trading for G Derrick Rose and signing C Joakim Noah. The Knicks' ticket structures also "changed dramatically," as the team "instituted a limit of eight season tickets per customer." That "fueled a lawsuit from three ticket resale companies." By winning the suit, MSG "took back 2,000 full-package season tickets and are selling them as partial packages and as individual game tickets to allow more fans access to better seats for a single night" (N.Y. POST, 9/10).