Market news
NEW YORK, August 14, 2026--Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports" or the "Company") today announced that it is continuing to make progress on the proposed spin-off of its New York Rangers business from its New York Knicks business, with the public filing of a Form 10 Registration Statement for the new Rangers company with the U.S. Securities and Exchange Commission.
Madison Square Garden (NYSE:MSGS) reported fiscal 2026 revenue of $1.15 billion and adjusted operating income of $58.7 million, as the New York Knicks’ championship run drove higher ticketing, merchandise, sponsorship and in-arena spending. For the fiscal fourth quarter, revenue rose to $278.7 mill
The NBA team’s parent company reported across-the-board financial lifts.
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