New deal for MSG, Big East tourney

NEW YORK -- The Big East Tournament isn't going anywhere.

New league commissioner Mike Aresco announced that the conference and Madison Square Garden have reached a new multiyear agreement to keep the Big East men's basketball tournament at MSG.

The announcement was made Wednesday at the conference's annual men's basketball media day at the New York Athletic Club.

Their current deal ran through 2016. There's no official word on the length of the extension.

With the Big East suffering prominent defections -- West Virginia is now in the Big 12, Syracuse and Pittsburgh are headed to the ACC after this season, and Notre Dame eventually will wind up there as well -- there had been speculation in recent months that the partnership between the Big East and Madison Square Garden could end.

ACC commissioner John Swofford even spoke about the possibility of the Garden hosting the ACC tournament instead.

But that won't happen anytime soon. The Big East tourney will continue to be held at the World's Most Famous Arena, which it has called home since 1983.