The stadium was also notably opposed by Cablevision, the sixth-largest cable television company in the United States and the then-owner of Madison Square Garden (MSG)—home to the New York Knicks and New York Rangers—and the MSG Network, which broadcasts most of those teams' games. Although MSG was initially a prospective partner in the project, they eventually concluded that the design was unworkable for their needs. After MSG dropped out, the City and State decided to go ahead anyway. The decision to place a new sports and concert venue in such close proximity to MSG, where it would hamper the older venue's ability to secure concerts and other events, made Cablevision oppose the plan. Cablevision responded with an expensive advertising campaign and large lobbying budget and made a $600 million offer to redevelop the stadium site for housing and office space instead of a stadium, and they initiated another lawsuit alleging that the city's environmental study was inaccurate.