The 1993–94 NBA season was the 48th season for the Knicks in the National Basketball Association in New York City. This marked the last season in which the Knicks (and all other MSG properties) were owned by Paramount Communications (formerly Gulf+Western), which was sold near the end of the season to Viacom, which in turn sold them to ITT Corporation and Cablevision. A couple of years later, ITT would sell their share to Cablevision. The Knicks' current owner, The Madison Square Garden Company, is a spin-off of Cablevision.