This article is about the sports company. For other uses, see Madison Square Garden (disambiguation).
Madison Square Garden Sports Corp.
Company type
Public
Traded as
NYSE: MSGS (Class A) Russell 1000 Component S&P 600 component
Industry
Sports
Entertainment
Founded
2010; 14 years ago (2010)
2015; 9 years ago (2015)
(spin-off Madison Square Network)[1]
Founder
James L. Dolan
Headquarters
New York City, New York, U.S.
Key people
James L. Dolan (executive chairman)
Andrew Lustgarten (president and CEO)
Revenue
US$1.6 billion (2018)
Operating income
$316.79 million (2016)
Total assets
$9.384 billion (2008)
Owner
James L. Dolan (71.1% voting, 21.6% economic)[2] Silver Lake Partners (≈10%)[3]
Subsidiaries
New York Rangers
New York Knicks
Hartford Wolf Pack
Westchester Knicks
Website
msgsports.com
Madison Square Garden Sports Corp. (also known as MSG Sports) is an American sports holding company based in New York City.
MSG Sports manages professional sports teams. These include the National Basketball Association's New York Knicks and their NBA G League affiliate, the Westchester Knicks, and the National Hockey League's New York Rangers and their American Hockey League affiliate, the Hartford Wolf Pack.
The original company was established in 2010 when Cablevision spun off the New York Knicks, New York Rangers, Madison Square Garden, MSG Network and other entertainment assets as an independent, publicly traded company.
In 2015, the original company spun off the sports and entertainment division into a separate company and the original company was renamed to MSG Networks, Inc.; the new company took the name "the Madison Square Garden Company".
In 2020, the Madison Square Garden Company rebranded as Madison Square Garden Sports Corp. and subsequently spun off its entertainment division as Madison Square Garden Entertainment.[4][5]
^"The Madison Square Garden Company Becomes New Public Sports And Entertainment Company" (Press release). The Madison Square Garden Company. October 1, 2015. Retrieved December 31, 2017.
^"DEF 14A". www.sec.gov.
^"Silicon Valley fund seeks major stake in New York Knicks, Rangers". New York Post. November 4, 2019. Retrieved January 30, 2022.
^Miller, Ben (April 20, 2020). "Madison Square Garden Entertainment spin-off is complete". New York Business Journal. Retrieved July 22, 2020.
^Chin, Kimberly (November 7, 2019). "Madison Square Garden to Spin Off Entertainment Unit". The Wall Street Journal. Retrieved July 22, 2020.
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