Madison Square Garden Explores Potential Spin-Off

In an effort to raise money and open up new possibilities for its MSG Sphere project, which is scheduled to open in Las Vegas

next year, MSG Entertainment is considering a spinoff for two of its most iconic properties,

, New York’s Madison Square Garden and Radio City Music Hall, as well as its regional sports channels.

The concept was examined by the board of directors of MSG Entertainment, and it was announced in a statement on Thursday.