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FILE - This conceptual rendering released by Madison Square Garden shows the exterior of the MSG Sphere Las Vegas arena. Company and project officials are estimating costs to complete a spherical entertainment venue under construction on the Las Vegas Strip at between $1.2 billion and $1.7 billion. Madison Square Garden Co. President Andrew Lustgarten disclosed cost projections Tuesday, Aug. 20, 2019 along with quarterly company earnings. The 18,000-seat arena, called MSG Sphere, is a partnership between MSG and Las Vegas Sands, the owner of the adjacent Venetian and Palazzo resorts (Madison Square Garden via AP)

FILE - This conceptual rendering released by Madison Square Garden shows the exterior of the MSG Sphere Las Vegas arena. Company and project officials are estimating costs to complete a spherical entertainment venue under construction on the Las Vegas Strip at between $1.2 billion and $1.7 billion. Madison Square Garden Co. President Andrew Lustgarten disclosed cost projections Tuesday, Aug. 20, 2019 along with quarterly company earnings. The 18,000-seat arena, called MSG Sphere, is a partnership between MSG and Las Vegas Sands, the owner of the adjacent Venetian and Palazzo resorts (Madison Square Garden via AP)

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