Thursday, July 30, 2009

Cablevision To Spin Off MSG

via CBS Sports.
Cablevision Systems Corp. said Thursday that its board has approved a plan to spin off as a separate company its Madison Square Garden business, owner of the New York Knicks, Rangers and the famed sports arena where they play.
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In a widely anticipated move, the Bethpage, N.Y.-based company said the unit will be spun off to existing shareholders by the end of the year. The Dolan family, which controls Cablevision through a special class of shares, will retain control of the new company. More here.

So what else is new? Saw this one coming a mile away.

tdr

2 comments:

  1. Rangers to miss the playoffs!

    A concerned fan wonders with 5 of the top 6 point leaders last season traded or unsigned, who will put points on the board this season?
    Gaborik is great and one of the top 5 skilled players in the league when healty. I predict 65 games played with a 40 goal 30 assist numbers. Rangers fans will once again wonder "what if?"
    Dubinsky is a solid second line center in the making who should be traded immediately for a shot a Heatley.
    Another option would be to dangle him and Stall to Toronto for Kaberle then flip to Boston/SJ for various players. Kessel and Gaborik could be an amazing 1-2 punch for years! Redden will bounce back this year and play well. His contract numbers will dictate more but he will be a solid top 4.
    Matt Lashoff is a player who the Rangers should but an offer on. It would cost some draft picks in compensation but he could step into the lineup and is affordable. Matt is a former first round pick of the Bruins who could be stolen from the Lightning as the owners continue to fight.

    Best of luck this season.

    BlueNationaLeafs!
    ReplyDelete
  2. You Go, BlueNationalLeafs! : )
    ReplyDelete

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