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Report: ACC investigating holding tournament at Madison Square Garden

The Atlantic Coast Conference is seriously considering playing its men's basketball tournament at Madison Square Garden, ESPN reported on Wednesday.

"We'll be playing there (at Madison Square Garden)," one source told ESPN. "It's just a matter of getting all the legal ramifications worked out."

The 2014 and 2015 ACC men's basketball tournaments will be held in Greensboro, N.C., but no decision has been reached on a site beyond that. Playing in New York would take the ACC tournament out of its traditional region for the first time.

In March, the new Big East Conference and Madison Square Garden announced a 12-year deal for the Big East tournament through 2026. MSG executive vice president Joel Fisher was unwilling at the time to comment about the possibility of the ACC playing there.

"I don't want to speculate about (the ACC)," Fisher said in March.

According to ESPN, MSG can get out of its deal with the Big East before 2026 if the new Big East doesn't fulfill certain requirements.

That might open it up for the ACC, which is also holding discussions with the Barclays Center in Brooklyn.