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MSG Market Cap Falls $100 Million After The Knicks Lose Jeremy Lin To The Rockets For For $25 Million (MSG)

Business Insider
Friday, 20 July 2012

MSG Market Cap Falls $100 Million After The Knicks Lose Jeremy Lin To The Rockets For For $25 Million (MSG)Over the last five days, MSG has lost over $100 million in market cap. This is in light of Jeremy Lin signing with the Houston Rockets after the New York Knicks opted to not match Houston's offer. The Rockets ended up signing Lin for $25.1 million.

However, the likelihood that Lin's signing is the driver in the stock's steady...
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