MSG Stock Price Watch

[lazard]

This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

just sayin...the drop in market value since July 4th was more than enough to cover the luxury tax.

We all know that it was never about the luxury tax. Dolan does not like to be deceived and Grunnie is a slick mofo. Plain and simple.

don't really see how Dolan was deceived. Morey offered 3 yr 19M --> everyone on Knicks said they would match --> Morey already having lost his 2 PGs doesn't want to lose out on Lin so ups his offer to $25M. Unless you believe the reports than Lin went back to the Rockets and demanded more money.

[Handledatruth]

don't really see how Dolan was deceived. Morey offered 3 yr 19M --> everyone on Knicks said they would match --> Morey already having lost his 2 PGs doesn't want to lose out on Lin so ups his offer to $25M. Unless you believe the reports than Lin went back to the Rockets and demanded more money.

He was deceived by Morey. Leaking false contract info, letting the Knicks make moves, and then upping the offer is deception. Well played, but deception still. This after being screwed by Colangelo when pursuing Steve Nash. I think he had enough. He got poison pilled twice in a row for players that the still needed to prove more.

[lazard]

don't really see how Dolan was deceived. Morey offered 3 yr 19M --> everyone on Knicks said they would match --> Morey already having lost his 2 PGs doesn't want to lose out on Lin so ups his offer to $25M. Unless you believe the reports than Lin went back to the Rockets and demanded more money.

He was deceived by Morey. Leaking false contract info, letting the Knicks make moves, and then upping the offer is deception. Well played, but deception still. This after being screwed by Colangelo when pursuing Steve Nash. I think he had enough. He got poison pilled twice in a row for players that the still needed to prove more.

The Knicks have no one to blame buy themselves with all the "We'll match any offer up to a billion dollars" and Woodson publicly saying that they would definitely match the offer. What was Morey supposed to do? Say "Darn, the Knicks will match. I guess I have to find another player". Of course not. If Morey really wanted Lin, there would be no reason for him not to up his original offer.

[ccvle]

This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

Where the hell did anyone claim Lin is bigger than MSG?

The stock has dropped. Dolan looks like a buffoon. That doesn't make Lin bigger than MSG. It just makes Dolan look like an idiot.

i think most people know by now that Dolan is not the smartest basketball owner, but it never changed the fact that msg has become a bigger and bigger cash generating company. The investors know this.

[Handledatruth]

This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

Where the hell did anyone claim Lin is bigger than MSG?

The stock has dropped. Dolan looks like a buffoon. That doesn't make Lin bigger than MSG. It just makes Dolan look like an idiot.

Read the thread and that's the way it sounds. I've been reading this forum for almost 9 years and watched many players come and go. NOT ONCE did I ever see MSG stock watch. I mean when Steve Jobs died there was an Apple stock watch, but...hmmm how could I put this.

Steve Jobs:Apple = x:MSG

Lin is not equal to x!

[ccvle]

I mean really, after a decade of failure, after curry, after isiah thomas, after marbury, after vin baker, do you really still need dolan to show you that he is not the best basketball owner? The only thing the investors care about is Dolan's ability to increase ticket prices.In that regard, Dolan has done a great job. Dolan increased the ticket prices after Marbury, after Curry, after Crawford, after Zach and after Lin. Dolan will most likely rise prices again after the knicks advance to the second round. If the knicks lose in the first round then Dolan will just wait until the summer to make a "big" trade then increase ticket prices.

[lazard]

This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

Where the hell did anyone claim Lin is bigger than MSG?

The stock has dropped. Dolan looks like a buffoon. That doesn't make Lin bigger than MSG. It just makes Dolan look like an idiot.

Read the thread and that's the way it sounds. I've been reading this forum for almost 9 years and watched many players come and go. NOT ONCE did I ever see MSG stock watch. I mean when Steve Jobs died there was an Apple stock watch, but...hmmm how could I put this.

Steve Jobs:Apple = x:MSG

Lin is not equal to x!

and MSG is not equal to Apple

[Handledatruth]

Read the thread and that's the way it sounds. I've been reading this forum for almost 9 years and watched many players come and go. NOT ONCE did I ever see MSG stock watch. I mean when Steve Jobs died there was an Apple stock watch, but...hmmm how could I put this.

Steve Jobs:Apple = x:MSG

Lin is not equal to x!

and MSG is not equal to Apple

Maybe I messed up the symbols with the equal sign (haven't been in math class for years) but i was going for the idea of a proportion...ugh nevermind...MSG will be just fine, as a matter of fact go grab some stock before our 50+ win season while it's a little cheaper.

[richardhutnik]

http://money.cnn.com/video/markets/2012 ... .cnnmoney/

[Handledatruth]

http://money.cnn.com/video/markets/2012/07/18/investing-bz-Lin.cnnmoney/

Exactly.

[cgmw]

Read the thread and that's the way it sounds. I've been reading this forum for almost 9 years and watched many players come and go. NOT ONCE did I ever see MSG stock watch. I mean when Steve Jobs died there was an Apple stock watch, but...hmmm how could I put this.

Steve Jobs:Apple = x:MSG

Lin is not equal to x!

and MSG is not equal to Apple

Maybe I messed up the symbols with the equal sign (haven't been in math class for years) but i was going for the idea of a proportion...ugh nevermind...MSG will be just fine, as a matter of fact go grab some stock before our 50+ win season while it's a little cheaper.

Wow, first of all comparing Steve Jobs to Jeremy Lin is absolutely ridiculous. I'm not sure where you got that.

I also don't see where anyone here was claiming Jeremy Lin's loss would cripple MSG stock. I think you're really missing the point.

1) Basketball analysts like Stephen A Smith were crying (screaming, actually) that Lin's contract was too expensive. Pointing out that Lin's celebrity adds value to the stock is therefore a logical rebuttal. Showing that his departure apparently created an immediate loss greater than the luxury tax also seems highly relevant to the discussion.

2) I'm taking it one further and pointing out that Lin's continued success in Houston will make Dolan look bad, particularly if MSG stock doesn't soar like some of you seem to think it will. I'm not saying Lin was holding up MSG. I'm saying Linsanity might very well continue, but MSG won't profit.

When Dolan looks like an idiot to fans, it doesn't make much of a difference. My question is, if his investors believe that his arrogance/incompetence cost them the potential benefits of Linsanity, is there any way that could cost him his job?

Seems far fetched, but let's remember: Jim Dolan doesn't actually own the Knicks. MSG owns the Knicks. It's a unique situation in sports, and Linsanity has certainly played a part.

[Kampuchea]

When Dolan looks like an idiot to fans, it doesn't make much of a difference. My question is, if his investors believe that his arrogance/incompetence cost them the potential benefits of Linsanity, is there any way that could cost him his job?

Seems far fetched, but let's remember: Jim Dolan doesn't actually own the Knicks. MSG owns the Knicks. It's a unique situation in sports, and Linsanity has certainly played a part.

he is not at risk to lose his job. The larger investors in MSG have the same analytics that show MSG is expected to continue to grow and be profitable.

I also read an analysts view that Lin would end up costing more than he benefited the team financially (remember that the merchandise is shared by teams in the league). It is difficult to quantify how much the Knicks directly benefit, for example how much do they make off of the advertisements Taiwanese company pay for at garden as opposed to what they make normally.

Lin is much more important for a team like Houston, that has difficulty selling seats.

Here is an article where the writer states they should get rid of Lin
http://blogs.wsj.com/marketbeat/2012/07 ... eremy-lin/

[kinein]

lol

[cgmw]

I've read all those articles. I realize MSG is going to continue to make money. Apparently I'm not making myself clear.

Hypothetically, the spectacle of Linsanity itself could continue in Houston. Lin could continue to make the cover of Time Magazine and be a global sports phenomenon. Ok? With me?

Will that cause MSG stock to plummet? Of course not. But will Jim Dolan look like the world's worst CEO (or whatever his title is)? I think maybe. Especially when you contrast his public image as an uneducated, washed out alcoholic/drug addict, who was handed everything to Jeremy Lin's image of this saint who worked his as$ off to do something nobody has ever done before?

I'm just saying, if I were a major investor and I saw Jeremy Lin making the Conference Finals or starting an All Star game, I'd be pretty pissed off that Dolan let him walk for essentially nothing.

Note: I'm not saying MSG won't be profitable. I'm saying MSG won't be AS profitable and Dolan will be a highly visible target for ridicule and anger. At the end of the day, he does actually have to answer to stockholders.

[kinein]

This thread is a joke. Lin is not bigger than MSG... The thing about bad PR is that the stock hit is only temporary. In time, the price levels and it is back to how much revenue a business can generate. The departure of Lin does not stop MSG from generating revenue. Just think about it, if 10+ years of front office ineptitude didn't stop MSG from making money, then why would the departure of one player do that? The Knicks aren't bigger than MSG and Jeremy Lin is not bigger than the Knicks, so logically...

Thats the luxury tax money and some.

[Handledatruth]

Wow, first of all comparing Steve Jobs to Jeremy Lin is absolutely ridiculous. I'm not sure where you got that.

I also don't see where anyone here was claiming Jeremy Lin's loss would cripple MSG stock. I think you're really missing the point.

1) Basketball analysts like Stephen A Smith were crying (screaming, actually) that Lin's contract was too expensive. Pointing out that Lin's celebrity adds value to the stock is therefore a logical rebuttal. Showing that his departure apparently created an immediate loss greater than the luxury tax also seems highly relevant to the discussion.

2) I'm taking it one further and pointing out that Lin's continued success in Houston will make Dolan look bad, particularly if MSG stock doesn't soar like some of you seem to think it will. I'm not saying Lin was holding up MSG. I'm saying Linsanity might very well continue, but MSG won't profit.

When Dolan looks like an idiot to fans, it doesn't make much of a difference. My question is, if his investors believe that his arrogance/incompetence cost them the potential benefits of Linsanity, is there any way that could cost him his job?

Seems far fetched, but let's remember: Jim Dolan doesn't actually own the Knicks. MSG owns the Knicks. It's a unique situation in sports, and Linsanity has certainly played a part.

When Steve Jobs died there was an emotional reaction that hit Apple's stock temporarily. This emotional reaction is what I am comparing. Linsanity is over, there's an emotional reaction to it, but in the end MSG still makes money with or without Lin.

People forget that Jeremy Lin is not the only rags to fame guy that played for New York. There was once this guy in the 90s that actually played in meaningful playoff games and has his picture in front of MSG for dunking on same famous Chicago Bulls. However, there was no stock watch when that guy was traded away...

So to answer your question, as long as MSG generates revenue, Dolan will be the owner. MSG creates legends, not the other way around.

[ccvle]

When Dolan looks like an idiot to fans, it doesn't make much of a difference. My question is, if his investors believe that his arrogance/incompetence cost them the potential benefits of Linsanity, is there any way that could cost him his job?

Seems far fetched, but let's remember: Jim Dolan doesn't actually own the Knicks. MSG owns the Knicks. It's a unique situation in sports, and Linsanity has certainly played a part.

No. No. No.

[nullnexus]

Lin is much more important for a team like Houston, that has difficulty selling seats.

Here is an article where the writer states they should get rid of Lin
http://blogs.wsj.com/marketbeat/2012/07 ... eremy-lin/

Rating were pretty high during Linsanity. Higher Ratings = charge more for advertising. More advertisers = charge more for advertising. Won’t get Super Bowl AD money but i’d figure it would be significantly higher. Selling TV advertisment > selling tickets. Cost for AD during Linsanity was double the the normal cost.

[cgmw]

When Dolan looks like an idiot to fans, it doesn't make much of a difference. My question is, if his investors believe that his arrogance/incompetence cost them the potential benefits of Linsanity, is there any way that could cost him his job?

Seems far fetched, but let's remember: Jim Dolan doesn't actually own the Knicks. MSG owns the Knicks. It's a unique situation in sports, and Linsanity has certainly played a part.

No. No. No.

Oh, ok. Thanks! That really clears it up for me. Appreciate the insight.

[kinein]

My question is, if his investors believe that his arrogance/incompetence cost them the potential benefits of Linsanity, is there any way that could cost him his job?

Dolan will be a billionaire til the day he dies.

One of the most passionate anti-lin faction points was - WE CANT PAY THAT 25 MILLION HE ISNT WORTH IT 1 MILLION PER GAME! ETC - continue rant and screaming in your head.

On to other news. MSG has lost 9% in value since July 3.

This isnt .5 or 1 % this is a steady gradual fall. Not a day to day bump and drop.

If it continues to drop at the same rate, it will erase all the gains made from Linsanity by the time next season begins.

Dolan will still be beyond rich. So bringing up whether it matters in the end for him is a waste of time. He was rich before Lin he will be rich after as well.