Knicks playoff run could generate $140 million for Madison Square Garden Sports

[ASFN Admin]

The New York Knicks have punched their ticket to the Eastern Conference finals for the second season in a row after last playing in the ECF in 2000, producing a windfall for Madison Square Garden Sports, which owns the club and the NHL’s Rangers. The Knicks have already played five playoff home games, which generated nearly $50 million in gross revenue before the NBA took its cut from ticket receipts. The team is likely in line for at least five more home games, as the heavy favorite versus whoever emerges in the other East series between the Detroit Pistons and Cleveland Cavaliers, which the Cavaliers lead 3-2. That would goose revenue to $140 million, assuming two home games in the NBA Finals.

Sportico

This article originally appeared on Hoops Hype: Knicks playoff run could generate $140 million for Madison Square Garden Sports

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