LIBERTY ACQUIRE DRAFT PICK FROM WASHINGTON

Liberty Send Rights to Hollingsworth to Mystics in Exchange for Third Round Pick

NEW YORK, NY – April 15, 2013 – New York Liberty Head Coach and General Manager Bill Laimbeer announced today that the team has acquired a 2013 third round pick (25th overall) from the Washington Mystics in exchange for the rights to forward Quanitra Hollingsworth. The 2013 WNBA Draft will air live Monday, April 15 at 8 p.m. on ESPN2.

New York now has five picks in the 2013 WNBA Draft, more than any other team and the most for the team since 2003. The Liberty hold two first round selections at fifth and seventh overall, one in the second round at 15th and two in the third round at 25th and 27th.

Hollingsworth, a three-year veteran of the WNBA, spent her first two seasons with the Minnesota Lynx and one year with the Liberty in 2011. She averaged 3.9 points and 3.2 rebounds per game during the regular season, and 3.3 points and 1.7 rebounds in one career playoff series with New York. Hollingsworth has not played in the WNBA since 2011, playing overseas in Hungary and Russia the past two years. In 2012, she was granted Turkish citizenship and joined the Turkish National Team for the London Olympics.

The Liberty 2013 regular season home opener is on May 31 against the Tulsa Shock at Prudential Center. Liberty season ticket packages and individual tickets are available at NYLiberty.com.

About The Madison Square Garden Company The Madison Square Garden Company is a fully-integrated sports, media and entertainment business. The Company is comprised of three business segments: MSG Sports, MSG Media and MSG Entertainment, which are strategically aligned to work together to drive the Company's overall business, which is built on a foundation of iconic venues and compelling content that the company creates, produces, presents and/or distributes through its programming networks and other media assets. MSG Sports owns and operates the following sports franchises: the New York Knicks (NBA), the New York Rangers (NHL), the New York Liberty (WNBA), and the Connecticut Whale (AHL). MSG Sports also features the presentation of a wide variety of live sporting events including professional boxing, college basketball, track and field and tennis. MSG Media is a leader in production and content development for multiple distribution platforms, including content originating from the Company’s venues. MSG Media consists of the MSG Networks (MSG, MSG Plus, MSG HD and MSG Plus HD) regional sports networks and the Fuse Networks (Fuse and Fuse HD), a national television network dedicated to music. MSG Entertainment is one of the country's leaders in live entertainment. MSG Entertainment creates, produces and/or presents a variety of live productions, including the Radio City Christmas Spectacular featuring the Radio City Rockettes. MSG Entertainment also presents or hosts other live entertainment events such as concerts, family shows and special events in the Company’s diverse collection of venues. These venues consist of Madison Square Garden, Radio City Music Hall, the Theater at Madison Square Garden, the Beacon Theatre, the Chicago Theatre, the Forum in Inglewood, CA, and the Wang Theatre in Boston, MA. More information is available at www.themadisonsquaregardencompany.com.