T. Rowe Price reports 5.6% stake in MSG Sports

T. Rowe Price Investment Management, Inc. reported beneficial ownership of 1,096,758 shares of Madison Square Garden Sports Corp common stock on a Schedule 13G. This position represents 5.6% of the class of outstanding common shares.

Rhea-AI Filing Summary

T. Rowe Price Investment Management, Inc. reported beneficial ownership of 1,096,758 shares of Madison Square Garden Sports Corp common stock on a Schedule 13G. This position represents 5.6% of the class of outstanding common shares.

The firm reports sole voting power over 1,074,218 shares and sole dispositive power over 1,096,758 shares, with no shared voting or dispositive power. T. Rowe Price Investment Management states that this filing should not be construed as an admission that it is the beneficial owner of these securities, and it expressly denies such beneficial ownership.

Key Figures

Beneficial ownership: 1,096,758 shares Percent of class: 5.6% Sole voting power: 1,074,218 shares +3 more

6 metrics

Beneficial ownership 1,096,758 shares Common stock of Madison Square Garden Sports Corp reported on Schedule 13G

Percent of class 5.6% Portion of MSGS common stock class beneficially owned by T. Rowe Price Investment Management

Sole voting power 1,074,218 shares Shares of MSGS over which T. Rowe Price Investment Management has sole voting power

Shared voting power 0 shares Shares of MSGS over which T. Rowe Price Investment Management has shared voting power

Sole dispositive power 1,096,758 shares Shares of MSGS over which T. Rowe Price Investment Management has sole dispositive power

Shared dispositive power 0 shares Shares of MSGS over which T. Rowe Price Investment Management has shared dispositive power

Key Terms

beneficially owned, sole voting power, sole dispositive power, Schedule 13G, +1 more

5 terms

beneficially owned financial

"Item 4. | Ownership (a) | Amount beneficially owned: 1096758"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

sole voting power financial

"Sole power to vote or to direct the vote: 1074218"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

sole dispositive power financial

"Sole power to dispose or to direct the disposition of: 1096758"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Schedule 13G regulatory

"MADISON SQUARE GARDEN SPORTS CORP COMMON STOCK ... form_type: "SCHEDULE 13G""

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

beneficial ownership financial

"beneficial ownership is expressly denied"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What percentage of Madison Square Garden Sports (MSGS) shares does T. Rowe Price Investment Management report owning?

T. Rowe Price Investment Management reports beneficial ownership of 5.6% of the class of Madison Square Garden Sports common stock, representing 1,096,758 shares as disclosed in the Schedule 13G filing.

How many MSGS shares does T. Rowe Price Investment Management have voting power over?

T. Rowe Price Investment Management reports sole voting power over 1,074,218 shares of Madison Square Garden Sports and no shared voting power, according to the Schedule 13G disclosure.

What is the total number of MSGS shares beneficially owned by T. Rowe Price Investment Management?

The filing states that T. Rowe Price Investment Management beneficially owns 1,096,758 shares of Madison Square Garden Sports common stock, corresponding to 5.6% of the outstanding class of that security.

Does T. Rowe Price Investment Management share dispositive power over MSGS shares?

No. The Schedule 13G indicates sole dispositive power over 1,096,758 shares of Madison Square Garden Sports and zero shared dispositive power held by T. Rowe Price Investment Management.

Does T. Rowe Price Investment Management admit beneficial ownership of MSGS shares in this filing?

The firm expressly denies beneficial ownership of the Madison Square Garden Sports securities referenced and states that the Schedule 13G filing should not be construed as an admission of beneficial ownership.

Who signed the Schedule 13G filing for T. Rowe Price Investment Management regarding MSGS?

The Schedule 13G was signed by Ellen York, Vice President of T. Rowe Price Investment Management, on 08/14/2026, affirming the information regarding its Madison Square Garden Sports holdings.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/14/2026 - 10:41 AM Accepted by SEC EDGAR 08/14/2026 - 10:39 AM Learn about SEC filing dates

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

MADISON SQUARE GARDEN SPORTS CORP

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

55825T103

(CUSIP Number)

06/30/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 55825T103

1

Names of Reporting Persons

T. Rowe Price Investment Management, Inc.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

MARYLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,074,218.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,096,758.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,096,758.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: MADISON SQUARE GARDEN SPORTS CORP
(b)	Address of issuer's principal executive offices: TWO PENNSYLVANIA PLAZA, NEW YORK, NY, 10121
Item 2.
(a)	Name of person filing: T. Rowe Price Investment Management, Inc.
(b)	Address or principal business office or, if none, residence: 1307 Point Street, Baltimore, MD 21231
(c)	Citizenship: Maryland
(d)	Title of class of securities: COMMON STOCK
(e)	CUSIP Number(s): 55825T103
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1096758
(b)	Percent of class: 5.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1074218
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1096758
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11. T. Rowe Price Investment Management, Inc. hereby declares and affirms that the filing of Schedule 13G shall not be construed as an admission that Price Investment Management is the beneficial owner of the securities referred to, which beneficial ownership is expressly denied.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

T. Rowe Price Investment Management, Inc.

Signature:	Ellen York
Name/Title:	Vice President
Date:	08/14/2026