MSGS

Madison Square Garden Sports Corp.

October 1, 2026 · intraday

Rarity
1.77
Peak move
−5.83%
Float cap
$6.4B

Madison Square Garden Sports Corp. owns and operates professional sports franchises, including the New York Knicks of the NBA and the New York Rangers of the NHL, along with development league teams and a training center. It generates revenue by selling tickets and premium hospitality to fans, sponsorship and suite packages to corporate partners, and media rights to national and regional networks.

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What we found

3 events · 1 from SEC or newswire · 0 timed with the move
  • board_change

    Former Knicks president and coach Isiah Thomas will be appointed to the board of directors of MSG Knickerbockers Corp., the entity that will own the New York Knicks after the MSG Sports spin-off set to close October 26.

  • major_contract

    Madison Square Garden Entertainment and Madison Square Garden Sports announced a partnership naming Glaze Teriyaki a Partner of Madison Square Garden, the New York Knicks and the New York Rangers, including a dedicated concession stand on the Garden's sixth-floor concourse for the 2026-27 season.

  • spinoff_divestiture

    Madison Square Garden Sports' board approved a tax-free spin-off of the New York Rangers business from the New York Knicks, expected to complete October 26, 2026, with holders of record October 20 receiving one MSG Rangers share per two MSGS shares; MSG Sports will be renamed MSG Knickerbockers Corp. (MSGK) and MSG Rangers Corp. (MSGR) will hold the Rangers, Hartford Wolf Pack and MSG Training Center, and the company entered a Distribution Agreement on September 30, 2026 to spin off MSGS Spinco, which will hold the New York Rangers hockey businesses, to MSGS common stockholders.