Shares of Madison Square Garden (MSG -1.8%) trade lower after the New York Knicks sign an...

|About: The Madison Square Garden... (MSG)|By:, SA News Editor

Shares of Madison Square Garden (MSG -1.8%) trade lower after the New York Knicks sign an apparent replacement for player Jeremy Lin - despite the boost Linsanity provided on and off the court last season. Cynics note that the company has lost off its market cap in today's action more than the equivalent of matching an offer for Lin's services from an opposing team.