The renovation is projected to cost $500 million and will be paid for in its entirety by Madison Square Garden, and will be targeted for opening for the 2011-12 seasons.Put up the coin, take down the profits.
Monday, September 15, 2008
Sports Arena Financing Done Right: The Garden Checks into Rehab
The NY Knicks Beat has a report about the plans to renovate the world's most famous arena. The best part.