Just as Lin's departure depressed MSG's share price, his emergence from obscurity in carrying the nearly moribund Knicks on a seven-game winning streak in early February sent it soaring and helped MSG add US$71 million in market value over a six-month period.
The stock rose from US$29.32 on Feb. 3, the day before Lin's first game-changing performance, to US$33.43 on Feb. 21, when "Linsanity" was at its height.
It continued its rise through the rest of the season and then peaked on July 3 at US$38.91, shortly after an arbitrator said Lin was eligible for an "Early Bird" exception, which most observers felt increased the chances he would stay with the team.
At the same time, the Linsanity phenomenon also brought capacity crowds back to Madison Square Garden for Knicks games.
It was also a key factor leading to the settlement of a long-lasting dispute on TV broadcasting rights between MSG and Time Warner Cable, which many believe will ultimately stand as Lin's greatest financial contribution to the club.
SOURCE: Madison Square Garden shares fall as Lin gets away from Knicks - CNA ENGLISH NEWS