Welcome to our dedicated page for Madison Square Garden Sports SEC filings (Ticker: MSGS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Madison Square Garden Sports Corp. filings document the formal disclosures of a public professional sports company whose Class A common stock trades on the New York Stock Exchange under MSGS. Recent 8-K filings cover quarterly results, financial-condition exhibits, executive officer appointments and departures, stockholder meeting voting results, and material agreements involving the New York Knicks business.
The filings also describe governance and capital-structure matters, including Class A and Class B voting rights, board elections, officer compensation arrangements and credit-facility amendments. These regulatory records connect the company’s Knicks, Rangers and related sports assets with reported operating results, financing arrangements, shareholder votes and public-company reporting obligations.
James L. Dolan, Executive Chairman and CEO of Madison Square Garden Sports Corp. (MSGS), reported awards and vesting of restricted stock units and performance restricted stock units. On 08/21/2025 Mr. Dolan was granted 19,526 restricted stock units (RSUs) that will settle in three equal installments on 09/15/2026, 09/15/2027 and 09/15/2028. Separately, 20,407 performance restricted stock units (PSUs) granted on 08/29/2022 satisfied their performance conditions on 08/21/2025 and are scheduled to vest and settle on 09/15/2025. Each unit represents the right to one share of Class A Common Stock or cash equivalent. The filings are direct beneficial ownership for Mr. Dolan.
Madison Square Garden Sports Corp. owns the New York Knicks and New York Rangers and operates chiefly through MSG Sports, LLC, with home games at Madison Square Garden. For fiscal year 2025 the company reported a $22.4 million net loss and an aggregate market value of about $4.3 billion as of December 31, 2024. Share counts were 19,488,096 Class A and 4,529,517 Class B as of July 31, 2025.
The company remains dependent on media and venue-related revenues. Local media rights fell to $157.4 million in FY2025 from $175.3 million in FY2024 after amendments tied to MSG Networks' debt restructuring that reduced Knicks fees by 28% and Rangers fees by 18% effective January 1, 2025. Stated annual local media rights are now approximately $139.2 million for year ending June 30, 2026 versus $162.9 million for the prior year. The Arena License Agreements with MSG Entertainment continue to govern use of The Garden and have significant operational and renewal risk.
Leverage and liquidity are notable: the Knicks Revolving Credit Facility is $275 million with $267 million outstanding at June 30, 2025; the Rangers facility is $250 million and undrawn; and an NHL advance balance was $24 million. Seasonality, league rules, media concentration, and regulatory and labor risks are highlighted throughout the filing.
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.
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.