JOURNAL ARTICLE

MSG Sports Considering Spinning Off New York Knicks, Rangers.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Williams, Randall 3 of 3

Abstract

The article discusses Madison Square Garden Sports Corp.'s board of directors approving a plan to explore the potential spinoff of the NBA's New York Knicks and NHL's New York Rangers to attract investors more effectively. The Knicks are valued at approximately $9.85 billion, while the Rangers are valued at around $3.65 billion, significantly exceeding MSG's current valuation of just over $7 billion. The spinoff aims to allow shareholders to better assess each team's valuation and provide them with enhanced strategic flexibility. The Knicks and Rangers have passionate fan bases and storied histories, with the Knicks recently reaching the Eastern Conference finals and the Rangers having missed the playoffs in the last two seasons. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Sports and Leisure
  • Publication Date:2026
  • Accession Number:191660874
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