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MSG restricting ticket brokers for Knicks, Rangers

Ticket brokers won't be able to buy huge lots of tickets for Knicks and Rangers games at Madison Square Garden. Joe Camporeale/USA TODAY Sports

Madison Square Garden is the latest team to restrict brokers from buying huge lots of season tickets for eventual resale.

The company sent letters on Wednesday night to people who previously held or controlled more than eight New York Knicks or Rangers tickets.

"This year, in an effort to ensure that a maximum number of fans have access to our tickets, while serving our values and long-tenured season-ticket holders, we will be strictly enforcing ticket purchasing limits," the letter said.

Unlike other teams, which have taken away seats from brokers as well as imposed new limits on where fans can sell those seats -- StubHub is currently suing the Warriors over insisting that resale goes through Ticketmaster -- MSG is not eliminating brokers who have eight or fewer seats, nor are they specifying what marketplace they have to sell them in if they choose to do so.

Other teams have taken tickets away from brokers only to resell them to another ticket business or businesses at a premium.

MSG spokesman Barry Watkins said that the inventory that came back to the team would be sold by the team on an individual game basis, by the group or for partial season-ticket plans.

"MSG, like all teams and live entertainment content providers, has an obligation to service fans, protect its brand and maximize its revenue," said Patrick Ryan, co-founder of Eventellect, a resale market ticket distribution company. "Regaining control of secondary market inventory enables it to do all three."