---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-409143"
form_type: "8-K"
ticker: "MSGS"
cik: "0001636519"
company_name: "Madison Square Garden Sports Corp."
filed_at: "2026-09-30T20:39:29+00:00"
generated_at: "2026-10-12T14:08:09.437150+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# MSG Sports board approves Oct 26 spin-off of Rangers; MSGS to become MSG Knickerbockers, ticker MSGK

## Summary
- Board approved distribution of one MSGS Spinco share for every two Class A or Class B shares held; record date Oct 20, 2026, distribution effective 11:59 p.m. ET Oct 26, 2026.
- Conditions: Form 10 effectiveness, NYSE listing, Contribution, NHL approval, tax opinion; agreements include Distribution, Contribution, Transition Services and Tax Disaffiliation.
- Five directors resigned effective on the Distribution—Joseph M. Cohen, Stephen C. Mills, Alan D. Schwartz, Nelson Peltz and Marianne Dolan Weber—to join MSGS Spinco; board cut from 15 to 12.
- Effective Distribution, Irving Azoff and Isiah L. Thomas III appointed to MSG Sports board; Compensation Committee: Azoff, Vincent Tese, Anthony J. Vinciquerra (Chair).
- Jamaal T. Lesane named EVP & Chief Legal Officer effective Sep 28, 2026; base salary ≥$1M, target bonus ≥125% of salary, LTIP target ≥$1.5M, severance at least 2x salary+bonus.

## SEC filing metadata
- accession: 0001193125-26-409143
- form_type: 8-K
- ticker: MSGS
- cik: 0001636519
- company_name: Madison Square Garden Sports Corp.
- filed_at: 2026-09-30T20:39:29+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1636519/000119312526409143/0001193125-26-409143-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1636519/000119312526409143/d126791d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-409143
- JSON: https://secwatch.observer/filing/0001193125-26-409143.json
- Plain text: https://secwatch.observer/filing/0001193125-26-409143.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.