MSG Sport to Spin New York Knicks and Rangers Into NYSE-Listed Firms

MSG Sport to spin New York Knicks and Rangers into NYSE-listed firms

Directors at Madison Square Garden Sports Corp have approved plans to spin off the organisation’s New York Rangers and New York Knicks franchises into separate public firms. The move will make the NBA-winning New York Knicks the first publicly traded basketball team in nearly a quarter of a century. The New York Knicks NBA spin-off [...]

MSG Sports board approves plan to split Knicks, Rangers into separate companies

James Dolan will continue to run both the Knicks and Rangers after the split.

Knicks, Rangers To Split Into Separate Publicly Traded Companies

Investors will soon be able to buy stock in the New York Knicks and New York Rangers separately. MSG Sports announced Wednesday that its board approved dividing the NBA and NHL franchises into two publicly traded companies, with the transaction expected to close Oct. 26. The Knicks will belong to MSG Knickerbockers Corp., which will also own the G League's Westchester Knicks. MSG Rangers Corp. will hold the Rangers, the AHL's Hartford Wolf Pack …

MSG Sports Board Approves Spin-Off of Rangers Business From Knicks Business

NEW YORK--(BUSINESS WIRE)--Sep 30, 2026-

MSG Sports Approves Rangers-Knicks Spin-Off

NEW YORK, Oct 1 –Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports” or the “Company”) today announced that its board of directors has approved the spin-off of its New York Rangers business from its New [...] The post MSG Sports Approves Rangers-Knicks Spin-Off appeared first on Business News This Week.

MSG Sports set to spin off Rangers, Knicks into separate companies

MSG Sports is spinning off the New York Rangers and New York Knicks into separate, publicly traded companies, effective Oct. 26