For the first time since the 2010-11 sports seasons, Madison Square Garden (NASDAQ:MSG) will be operating at full capacity with completion of the Garden's renovation and modernization project, and a full home schedule for MSG's two major sports clubs, the Knicks and Rangers.
Dubbed "The Transformation" by MSG management, the $1.5 billion project is now complete and provides the company with expanded seating and suites for the arena, and the ability to attract major sporting events like the NCAA Men's Basketball National Championship and the NBA All-Star game. Most importantly, the lockouts that have cut short the 2011-12 NBA and the 2012-13 NHL seasons are in the past as the player unions' and league owners have reached long-term...
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