More Breakups Are Coming, and One Company Is Doing It Twice

Major corporate breakups are reshaping what shareholders own, but one company is doing it twice and another may hand you cash instead of a second stock. Knowing the difference before these deals close could change how you position your portfolio.

24/7 Wall Street • Oct 6, 2026

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

NEW YORK--(BUSINESS WIRE)--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 York Knicks business, with the transaction expected to be completed on October 26, 2026. Upon completion, MSG Sports will be renamed MSG Knickerbockers Corp. (“MSG Knicks”) and will be comprised of the New York Knicks and the Westchester Knicks. The newly created Rangers comp.

Business Wire • Sep 30, 2026

MSG Sports Board Approves Spin-Off of Rangers From Knicks

The board approved splitting the Knicks and Rangers businesses into two independent companies, which will both trade on the New York Stock Exchange.

WSJ • Sep 30, 2026

Madison Square Garden Names Glaze Teriyaki a Partner of the World's Most Famous Arena

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Entertainment Corp. (NYSE: MSGE) (“MSG Entertainment”) and Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports”) announced today a new partnership with Glaze Teriyaki, naming the Asian fast-casual restaurant concept a Partner of Madison Square Garden, the New York Knicks, and the New York Rangers. As a part of the partnership, Glaze Teriyaki will have a brand-new dedicated concession stand on the sixth floor concourse inside Madison Squa.

Business Wire • Sep 30, 2026

Madison Square Garden Q4 Earnings Call Highlights

Madison Square Garden NYSE: MSGS reported fiscal 2026 revenue of $1.15 billion and adjusted operating income of $58.7 million, as the New York Knicks' championship run drove higher ticketing, merchandise, sponsorship and in-arena spending.

MarketBeat • Aug 14, 2026

MSG Sports Publicly Files Form 10 Registration Statement for Proposed Spin-Off of Rangers Business from Knicks Business

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) (“MSG Sports” or the “Company”) today announced that it is continuing to make progress on the proposed spin-off of its New York Rangers business from its New York Knicks business, with the public filing of a Form 10 Registration Statement for the new Rangers company with the U.S. Securities and Exchange Commission. As previously announced, the proposed transaction would create two distinct publicly traded companies. Foll.

Business Wire • Aug 14, 2026

MSG Sports Files to Spin Off Rangers from Knicks

MSG Sports has filed a registration statement with regulators for a new company to manage the New York Rangers business separately from its New York Knicks operations.

WSJ • Aug 14, 2026

Madison Square Garden Sports Corp. (MSGS) Q4 2026 Earnings Call Transcript

Madison Square Garden Sports Corp. (MSGS) Q4 2026 Earnings Call Transcript

Seeking Alpha • Aug 13, 2026

Madison Square Garden Sports Corp. Reports Fiscal 2026 Fourth Quarter and Full-Year Results

NEW YORK--(BUSINESS WIRE)--Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2026. The fiscal 2026 fourth quarter and full year were highlighted by the New York Knicks (the “Knicks”) winning the 2025-26 NBA Championship. In addition, the Company's fiscal 2026 fourth quarter and full-year results reflect increases in average per-game revenues for every in-arena revenue category – tickets, suites, sponsorshi.

Business Wire • Aug 13, 2026

Madison Square Garden (MSGS) Beats Q4 Earnings and Revenue Estimates

Madison Square Garden (MSGS) came out with quarterly earnings of $1.19 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to a loss of $0.07 per share a year ago.

Zacks Investment Research • Aug 13, 2026