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Madison Square Garden Sports Corp. 8-K Filings

MSGS NYSE

Every 8-K that Madison Square Garden Sports Corp. (MSGS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.

A 8-K covers material events a company has to report between its quarterly reports, so if you follow MSGS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MSGS filings page.

Rhea-AI Summary

Madison Square Garden Sports Corp. reported stronger results for the fiscal year ended June 30, 2026, highlighted by the New York Knicks winning the 2025-26 NBA Championship and higher in-arena and national media revenues. Fiscal 2026 revenues were $1,153.8 million, up 11%, with operating income of $28.9 million and adjusted operating income of $58.7 million, both rising versus the prior year. Net income was $7.8 million after a prior-year loss.

For the fourth quarter, revenues grew 37% to $278.7 million, with operating income of $32.2 million and adjusted operating income of $39.6 million, compared to losses a year earlier. The company is advancing a proposed spin-off of its New York Rangers business, targeting completion by the end of October 2026, subject to conditions including board approval.

Rhea-AI Summary

Madison Square Garden Sports Corp. reported fiscal third quarter 2026 results and is exploring a potential separation of its Knicks and Rangers businesses into distinct public companies. Quarterly revenues were $432.2 million, up 2% from a year earlier, driven by higher per-game revenue across tickets, suites, sponsorship, and food, beverage and merchandise, and higher national media rights fees.

Despite revenue growth, profitability weakened. Operating income fell to $2.0 million from $32.3 million, and adjusted operating income declined to $10.3 million from $36.9 million, reflecting higher direct operating expenses and restructuring charges. The Company posted a net loss of $20.0 million, compared with a $14.2 million loss in the prior-year quarter.

For the nine months ended March 31, 2026, revenues rose to $875.1 million, up 5% year over year, while adjusted operating income decreased to $19.2 million from $54.9 million. Net cash provided by operating activities for the nine-month period was $5.0 million, down from $41.9 million a year earlier, and cash and cash equivalents stood at $107.0 million at March 31, 2026.

Rhea-AI Summary

Madison Square Garden Sports Corp. is appointing Paul DiCicco as Executive Vice President, Chief Financial Officer and Treasurer effective May 11, 2026 or a later agreed date. He joins under an employment agreement with a base salary of $650,000 and a target annual bonus equal to 100% of salary.

Starting with the fiscal year beginning July 1, 2026, DiCicco is expected to receive annual long-term incentive awards with a target value of at least $650,000, plus standard company benefits. If his employment ends without cause or for good reason before May 10, 2029, he is entitled to at least two times the sum of base salary and target bonus, along with accelerated vesting of certain equity and cash awards, subject to a separation agreement. Current CFO Victoria Mink will transition to Executive Vice President, Finance to assist with the handover.

Rhea-AI Summary

Madison Square Garden Sports Corp. announced that its board unanimously approved a plan to explore a possible spin-off separating the New York Knicks business from the New York Rangers business into two publicly traded companies. If completed, current Class A and Class B shareholders are expected to receive a pro-rata distribution of 100% of the new company’s common stock in a transaction intended to be tax-free.

The company also disclosed that Executive Vice President, Chief Financial Officer and Treasurer Victoria Mink will leave the company, though she will remain for a period to assist with the potential spin-off and transition. Her departure will follow severance under her employment agreement and is stated not to result from any disagreement over accounting, financial disclosure or internal controls. The company cautions there is no assurance the spin-off will be completed and notes it remains subject to league approvals, a tax opinion, and board approval.

Rhea-AI Summary

Madison Square Garden Sports Corp. filed a current report to note that it announced financial results for its second quarter ended December 31, 2025. The actual quarterly figures and commentary are provided in a separate press release, which is furnished as Exhibit 99.1 and incorporated by reference into the report.

The company also clarifies that the information in Item 2.02 and Exhibit 99.1 is furnished, not filed, so it is not subject to certain Exchange Act liabilities and is not automatically incorporated into other Securities Act or Exchange Act filings.

Rhea-AI Summary

Madison Square Garden Sports Corp. reported the results of its annual meeting of stockholders held on December 8, 2025. The company has a dual-class structure, with Class A shares carrying one vote per share and Class B shares carrying ten votes per share.

Class A stockholders voted on director nominees including Joseph M. Cohen, Nelson Peltz, Ivan Seidenberg and Anthony J. Vinciquerra, each receiving over 9.8 million votes “for” with additional votes “withheld” and broker non-votes recorded. Class B stockholders separately elected eleven directors, including James L. Dolan and other Dolan family members, with each nominee receiving 45,295,170 votes “for” and no votes withheld or broker non-votes.

Stockholders also approved additional proposals. One proposal received 63,161,238 votes for, 41,854 against and 31,853 abstentions. The non-binding, advisory vote on named executive officer compensation (Proposal 3) passed with 60,529,174 votes for, 1,043,169 against, 227,370 abstentions and 1,435,232 broker non-votes, including the affirmative vote of a majority of the Class A shares voted and all Class B shares.

Rhea-AI Summary

Madison Square Garden Sports Corp. announced that Alexander Shvartsman resigned as Senior Vice President, Controller & Principal Accounting Officer effective November 24, 2025, to take the same role at Madison Square Garden Entertainment Corp. His departure is stated to be not due to any disagreement over accounting principles, financial statement disclosure or internal controls.

The Board appointed Christopher Ripp, age 38, as the new Senior Vice President, Controller & Principal Accounting Officer effective the same date. Ripp has held senior accounting and external reporting roles at the company since 2020 and previously worked at PricewaterhouseCoopers LLP from 2010 to 2020.

Under his employment agreement, Ripp will receive an annual base salary of $350,000 or more, with a target bonus of at least 40% of base salary and expected annual long-term incentive awards with a target value of at least $300,000. If his employment is terminated by the company without cause or by him for good reason on or before the third anniversary of his start date, he is entitled to at least one year of base salary plus target bonus as severance, along with certain bonus payments, subject to a separation agreement.

Rhea-AI Summary

Madison Square Garden Sports (MSGS) updated subsidiary credit facilities for the Knicks and Rangers, extending maturities and setting new terms. Knicks LLC entered a senior secured revolving credit facility of up to $425,000,000, maturing November 6, 2030. It refinanced $267,000,000 outstanding from the prior facility; the outstanding balance remained $267,000,000 as of November 6, 2025. Interest is a floating rate: either a base rate plus 0.25%–0.375% or term SOFR plus 0.10% credit spread adjustment and a margin of 1.25%–1.375%, tied to the NBA league facility rating.

Rangers LLC entered a senior secured revolving credit facility of up to $250,000,000, also maturing November 6, 2030. Interest is a base rate plus 0.375%–0.625% or term SOFR plus 0.10% and a margin of 1.375%–1.625%, tied to the NHL league facility rating. There were no borrowings outstanding under the Rangers facility as of November 6, 2025. Both agreements require a minimum debt service ratio of at least 1.5:1.00 and include customary covenants and events of default.

Rhea-AI Summary

Madison Square Garden Sports Corp. (MSGS) furnished an update on its business by announcing financial results for its first quarter ended September 30, 2025. The company issued a press release, attached as Exhibit 99.1, detailing the quarter’s results.

The information in this report under Item 2.02, including Exhibit 99.1, is furnished and not deemed “filed” under Section 18 of the Exchange Act, and is not incorporated by reference into other filings. MSGS’s Class A common stock trades on the NYSE under the symbol MSGS.

Rhea-AI Summary

Madison Square Garden Sports Corp. furnished an update on its business by announcing financial results for its fourth quarter and fiscal year ended June 30, 2025. The company did this through a press release dated August 12, 2025, which is attached as an exhibit.

The press release is provided as additional information and is explicitly treated as “furnished” rather than “filed,” which limits how it is used under securities law. The report is signed by the company’s Executive Vice President, Chief Financial Officer and Treasurer, Victoria M. Mink.

Rhea-AI Summary

Madison Square Garden Sports (NYSE: MSGS) filed an Item 7.01 Form 8-K disclosing material changes to its media-rights contracts with MSG Networks, effective January 1, 2025.

  • New York Knicks: annual rights fee cut 28%, escalator removed, term extended to end-2028-29 season with MSGN right-of-first-refusal.
  • New York Rangers: annual fee cut 18%, escalator removed, same term extension.
  • In consideration, MSG Sports received penny warrants exercisable for 19.9% of MSG Networks’ equity.

The revisions arise from MSGN’s lender work-out. While lower guaranteed fees pressure near-term revenue and EBITDA, the equity stake offers upside if MSGN’s restructuring succeeds.