Madison Square Garden has established a relief fund to provide financial assistance to employees while also committing to paying qualified venue employees through at least May 3, per correspondence sent out Friday night, The Post has confirmed.
The MSG Relief Fund was established with a $1 million donation from the Madison Square Garden company that was matched by a similar contribution from the Dolan Family Foundation. James Dolan is the Garden CEO.
Another $300,000 has been contributed by the MSG management team with the expectation that the fund will grow with contributions from the Rangers and Knicks.
The fund has been set up to provide direct assistance to employees for a variety of expenses, including health care, rent/mortgage, food and other necessities, while the arena is shuttered due to the coronavirus pandemic.
MSG employees who averaged at least 20 hours per week over the previous six months will receive pay through May 3, with the possibility that the time frame could be expanded as the situation is monitored.