{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-039767","form_type":"8-K","ticker":"MSGS","cik":"0001636519","company_name":"Madison Square Garden Sports Corp.","filed_at":"2025-08-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.535710+00:00","generated_at":"2026-05-17T14:36:32.808565+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"MSGS reports fiscal Q4 operating loss of $22.6M; full-year adjusted OI down 78%","bullets":["Full-year revenue $1.039B (+1% YoY); operating income $14.8M (down 90% from $146M).","Q4 revenue $204M (-10% YoY); operating loss $22.6M vs prior-year income $52.3M.","Full-year adjusted operating income $38.2M, down 78% from $172.2M.","Per-game ticket, sponsorship and suite revenue grew; local media rights fees declined under amended MSG Networks agreements.","CEO cites continued demand for Knicks/Rangers and confidence in franchise value despite current investment phase."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-039767","json":"https://secwatch.observer/filing/0001628280-25-039767.json","markdown":"https://secwatch.observer/filing/0001628280-25-039767.md","text":"https://secwatch.observer/filing/0001628280-25-039767.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1636519/000162828025039767/0001628280-25-039767-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1636519/000162828025039767/msgs-20250812.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T14:36:32.808565+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}