Sooooo... you missed where I said "despite how the media reported it" I guess?They didnt buy MSG tournament they absolutely bought rights to the name.
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Big East Agrees to Sell Name to Breakaway Group of 7 (Published 2013)
The Big East announced an agreement to sell its name to the seven Catholic universities that are breaking away this summer to form a basketball-only conference.www.nytimes.com
If you delve into the details of the agreement, which that article even kinda touches on, there was no actual purchase, it was just a negotiation on who keeps what. C7 got the name and tourney rights, FB schools got most of the cash in the coffers.
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