And now, fans will have to pay to see their success … at least at home games.
According to NBA.com, the owners of Madison Square Garden are passing the cost of an improved stadium down to the fans.
Next year, Knicks season ticket prices will increase an average of 49 percent, MSG announced Friday (March 11), while the NHL’s New York Rangers’ tickets will go up an average of 23 percent.
It will be only the second time, in the last 10 years, that Knicks tickets have increased in cost. Due to their postseason absence for the last six, ticket prices remained on a flat line.
Reports say Madison Square Garden is in the early stages of a renovation, which is expected to cost more than $800 million. The reno will take place over the next two summers.
The improvements will include a change in seating configuration in the lower bowl next season, with the upper bowl to follow in 2012-13.