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JPMorgan, MSG Said in $300 Mln Deal, SportsBusiness Journal Says

JPMorgan Chase & Co. has agreed to a sponsorship deal with Madison Square Garden valued at $300 million over 10 years or more, SportsBusiness Journal reported, citing multiple unidentified people familiar with the pact.

The deal may be the most lucrative annual building/team sponsorship pact to date, SportsBusiness Journal said. MSG Sports President Scott O’Neil declined to comment, SportsBusiness Journal said.

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