The New York Rangers are a professional ice hockey team based in the New York City borough of Manhattan. They compete in the National Hockey League (NHL) as a member of the Metropolitan Division in the Eastern Conference. The team plays its home games at Madison Square Garden. Founded in 1926 by Tex Rickard, the team attained success early with 1928 Stanley Cup, making them the first NHL franchise in the United States to win the trophy. The team would then go onto win two additional Stanley Cups in 1933 and 1940. Following this initial grace period, the franchise struggled between the 1940s and 1960s, wherein playoff appearances and successes were infrequent. The team enjoyed a mini-renaissance in the 1970s, where they made the Stanley Cup finals twice, losing to the Bruins in 1972 and the Canadiens in 1979. The New York Rangers subsequently embraced a rebuild for much of the 1980s and early 1990s, which eventually paid dividends in 1994, where the team captured their fourth Stanley Cup. The team was unable to duplicate that success in the years that followed, and entered into another period of mediocrity. They endured a franchise-record seven-year postseason drought from 1998 to 2005 and languished for the majority of the 2000s before enjoying another period of prosperity after the 2004–05 NHL Lockout. After the arrival of goaltender Henrik Lundqvist, the New York Rangers thrived, missing the playoffs just once between 2006 and 2017. They reached the Stanley Cup Finals in 2014, falling to the Los Angeles Kings in five games.