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Madison Square Garden Sports Corp. reports developments tied to its professional sports portfolio, including the New York Knicks of the NBA and the New York Rangers of the NHL. The company also owns development league teams, the Westchester Knicks and Hartford Wolf Pack, and operates the MSG Training Center.
Recurring news themes include fiscal results shaped by games played at Madison Square Garden Arena, ticketing, suites, sponsorships, food, beverage and merchandise sales, league distributions and media rights fees. Company updates also cover official team and arena partnerships, changes in finance leadership, capital-structure matters and governance developments related to the publicly traded sports business.
Madison Square Garden Sports (NYSE: MSGS) reported fiscal Q3 (ended March 31, 2026) revenues of $432.2M, up $8.0M (2%) year-over-year. Operating income was $2.0M (down $30.4M) and adjusted operating income was $10.3M (down $26.6M). League distributions rose $27.0M from higher NBA national media rights; ticket-related and local media revenues fell due to five fewer home games. Direct operating expenses increased 12%, driven by team compensation, revenue-sharing and luxury tax. The company is exploring a potential spin-off separating the Knicks and Rangers businesses.
Madison Square Garden Sports (NYSE:MSGS) named Doppel an Official Partner of the New York Knicks on May 6, 2026. Doppel brand exposure will include in-arena Gardenvision features, contests, Knicks social content, and MSG exterior digital signage to reach attendees and passersby.
The partnership highlights Doppel's AI-native social engineering defense platform and marks the company's first collaboration with a global sports franchise.
Madison Square Garden Sports (NYSE: MSGS) named Paul DiCicco Executive Vice President, Chief Financial Officer and Treasurer, effective May 11, 2026. DiCicco will oversee finance, accounting, FP&A, treasury, investor relations, tax and risk management and report to Executive Chairman and CEO Jim Dolan. Victoria Mink will assist the transition.
Madison Square Garden Sports Corp. (NYSE: MSGS) will release fiscal 2026 third-quarter results on Friday, May 8, 2026 before the market opens, covering the quarter ended March 31, 2026. The company said it will not host an earnings conference call for this quarter.
The annual schedule generally includes two earnings calls, for the fiscal second and fourth quarters, allowing a mid-season update and a full-season review.
Madison Square Garden Entertainment (NYSE: MSGE) and MSG Sports have signed a multiyear partnership with Impossible Foods to name it the Official Plant-Based Burger Partner of Madison Square Garden, the New York Knicks and New York Rangers, launching at the start of Earth Month 2026.
An all-new concession, the Impossible® Grille, will open on the sixth-floor concourse and serve multiple Impossible plant-based dishes during all events, with additional Impossible products available across premium hospitality areas and select concession stands.
Madison Square Garden Sports (NYSE: MSGS) named Blueair as the Official Air Care Partner of the New York Knicks on March 11, 2026. The partnership integrates Blueair products at the Knicks training center and in-arena activations, plus digital sponsorships including a presenting role for the Knicks "Game On" social series.
Activation highlights include training-center deployments, in-arena contests, LED ribbon and courtside signage at non-national games, and a dedicated activation space during a home game.
Madison Square Garden Sports (NYSE: MSGS) said its board unanimously approved a plan to explore a possible spin-off to separate the New York Knicks and New York Rangers businesses into two distinct public companies.
The company said the transaction is expected to be a tax-free spin-off, with record holders of Class A and Class B stock receiving a pro-rata distribution of 100% of the new company’s common stock, subject to league approvals, a tax opinion, and final board decisions. No timetable has been set and completion is not assured.
Madison Square Garden Sports (NYSE: MSGS) reported fiscal 2026 second quarter results for the period ended December 31, 2025, showing revenue of $403.4 million (up 13% YoY) and operating income of $22.2 million (up 67% YoY). Adjusted operating income was $29.7 million (up 47% YoY).
Revenue growth was driven by higher ticket-related, suite, sponsorship, league distribution and F&B/merchandise revenues, partially offset by a $21.9 million decline in local media rights fees. Direct operating expenses rose 13% to $311.4 million.
Madison Square Garden Sports (NYSE: MSGS) will host a fiscal 2026 second quarter conference call on Thursday, February 5, 2026 at 10:00 a.m. ET to discuss results for the quarter ended December 31, 2025. The company will issue results before market open; the call is available by phone and webcast.
Madison Square Garden Sports Corp (NYSE:MSGS) on January 13, 2026 named Saie an Official Partner of the New York Knicks. Saie will receive in-arena exposure at Madison Square Garden, including LED signage, GardenVision features during Knicks home games, and placement on the 7th Avenue LED Marquee. The partnership also includes rotating banner advertisements on the Knicks website to extend digital visibility. Saie highlighted its New York roots and promoted its 16-hour setting spray CitySet; MSGS emphasized expanding fan engagement through marketing partnerships.