secwatch.observer — SEC 8-K summary
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Issuer:     Madison Square Garden Sports Corp. (MSGS)
CIK:        0001636519
Form:       8-K
Filed at:   2024-07-09T23:59:59+00:00
Accession:  0001193125-24-176741
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Madison Square Garden Sports names Jamaal Lesane permanent COO with $1M salary
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- Lesane, formerly EVP and General Counsel and interim President/COO, appointed COO effective July 1, 2024.
- Annual base salary of at least $1,000,000; target bonus of at least 125% of base salary.
- Expected annual long-term incentive target of at least $1,500,000.
- Severance on qualifying termination: at least 2x base salary plus target bonus.
- Employment agreement extends through June 30, 2027, with non-compete for one year post-termination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1636519/000119312524176741/0001193125-24-176741-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1636519/000119312524176741/d827900d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-176741

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