MSG stock goes down because of Lebron James
“the blueprint for greatness” (Marianne O’Leary)
“Shares of Madison Square Garden Inc, which owns the New York Knicks, dropped nearly 4 percent early on Friday, the day after superstar LeBron James spurned the basketball team to sign with the Miami Heat.
James announced on Thursday evening that he would join the Heat in his quest to win a National Basketball Association title, leaving his hometown Cleveland Cavaliers. However, the Knicks had cleared salary-cap space on its roster in the hopes of attracting James, who has twice won the most valuable player award.” [Reuters]
Phoenix and Dirty Projectors play the less-valuable Madison Square Garden on October 20th. Tickets go on AmEx presale July 12th at 10am and general sale Saturday, July 17 at 10am. (Lady Gaga plays there again tonight).
and yeah, Jay-Z didn’t get Lebron either.