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Business Summary: Madison Square Garden Sports Corp. is a professional sports company, with a collection of assets that includes the New York Knicks (National Basketball Association) and the New York Rangers (National Hockey League), as well as two development league teams - the Westchester Knicks (NBA G League) and the Hartford Wolf Pack (American Hockey League). The Westchester Knicks serve as the exclusive NBA G League affiliate of the Knicks. The Hartford Wolf Pack, a minor-league hockey team in the American Hockey League, is the affiliate team for the Rangers. It also operates a professional sports team performance center - the Madison Square Garden Training Center in Greenburgh, New York. The approximately 114,000 square-foot facility features two basketball courts and one National Hockey League regulation-sized hockey rink, and is equipped with well-appointed private areas and office space and exercise and training rooms with dedicated equipment for each team, and other first-class amenities.
Financial Summary: BRIEF: For the three months ended 30 September 2025, Madison Square Garden Sports Corp revenues decreased 26% to $39.5M. Net loss applicable to common stockholders increased 17% to $8.8M. Revenues reflect Media rights segment decrease of 31% to $5.1M, Sponsorship,signage and suite licenses segment decrease of 10% to $4.7M. Higher net loss reflects Rental Expense increase of 49% to $3.7M (expense).