Troy Bayer
Growth at reasonable price, small-cap, energy, media

Basketball Player Could Make Or Break Madison Square Garden Stock

Since Carmelo Anthony joined the New York Knicks on February 22nd, 2011, Madison Square Garden (NASDAQ:MSG) stock has increased $26 a share, an 81 percent increase over the two and a half year span. Traditionally, the success of MSG has been largely dependent on the success of its major sports teams, the Knicks and the New York Rangers. However, a new dynamic has unfolded where MSG's financial success depends substantially on Anthony.

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Why is this important to investors? The answer is that Anthony is expected to opt-out of his current contract with the Knicks after the 2013-2014 season and there is widespread speculation he could even leave the team. This begs the question, how much...

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