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MSGS FY2026 revenue up 11% to $1.15B; Q4 revenue up 37% to $278.7M
Full-year revenue $1,153.8M, up 11% YoY; operating income $28.9M vs $14.8M; adjusted operating income $58.7M, up 54%.
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MSGS Q3 revenue up 2% to $432.2M, but operating income plunges 94% to $2.0M
Revenue $432.2M (+2% YoY); operating income $2.0M (down 94% from $32.3M).
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Madison Square Garden Sports appoints Paul DiCicco as CFO effective May 11, 2026
DiCicco appointed EVP, CFO & Treasurer; succeeds Victoria Mink who transitions to EVP, Finance.
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MSGS explores tax-free spin-off of Knicks from Rangers; CFO Mink to depart
Board unanimously approved exploration of a tax-free spin-off splitting New York Knicks and Rangers into two public companies.
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MSGS Q2 revenue $403.4M (+13% YoY); operating income up 67% to $22.2M
Revenue $403.4M, up 13% YoY from $357.8M; operating income $22.2M vs $13.3M.
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MSGS annual meeting results: all directors elected, say-on-pay approved
Class A holders elected four directors (Cohen, Peltz, Seidenberg, Vinciquerra) with majority 'for' votes.
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MSG Sports appoints Christopher Ripp as controller/PAO following Shvartsman's departure
Alexander Shvartsman resigned as SVP, Controller & PAO effective Nov 24, 2025, to join MSG Entertainment; no accounting disagreement.
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MSG Sports refinances Knicks credit facility to $425M and Rangers facility to $250M, both due 2030
Knicks LLC entered $425M senior secured revolving credit facility maturing Nov 6, 2030; refinanced $267M outstanding from prior facility.
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MSGS Q1 revenue down 26% to $39.5M; operating loss widens to $27.4M
Revenue fell 26% YoY to $39.5M from $53.3M; operating loss of $27.4M vs $8.3M loss a year ago.
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MSGS reports fiscal Q4 operating loss of $22.6M; full-year adjusted OI down 78%
Full-year revenue $1.039B (+1% YoY); operating income $14.8M (down 90% from $146M).
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Knicks, Rangers amend media rights deals with MSG Networks; fees cut 28% and 18%
Knicks media rights fee reduced 28%; Rangers fee cut 18%; both eliminate annual escalator.
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MSGS stockholder-approved redomestication from Delaware to Nevada completed June 10
Stockholders approved the redomestication at a special meeting with 50,880,312 votes for, 10,204,353 against, and 257,218 abstentions.
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MSGS Q3 revenue falls 1%, operating income plunges 59% on fewer games and lower media fees
Revenue $424.2M, down 1% YoY; operating income $32.3M, down 59% from $79.7M.
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MSG Sports cuts Knicks/Rangers media rights fees 28%/18% as part of MSGN debt restructuring
Knicks annual rights fee reduced 28%, Rangers reduced 18%; escalator eliminated; contracts extended to 2028-29 season.
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MSGS Q2 revenue +9% to $357.8M but operating income falls 54% to $13.3M
Revenue $357.8M, up $30.9M (+9%) YoY; driven by 3 additional Knicks/Rangers home games.
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Madison Square Garden Sports Corp. enters new employment agreement with CFO Victoria M. Mink
Annual base salary not less than $1,000,000 under agreement effective January 1, 2025.
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Director Richard D. Parsons resigns from MSGS board; Nelson Peltz gets 41.5% withhold vote
Richard D. Parsons resigned from Board effective Dec 3, 2024 due to health reasons; Board size reduced by one; no replacement nominated.
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MSGS Q1 revenue up 24% to $53.3M; operating loss narrows 44%
Revenue $53.3M (+24% YoY); operating loss improved from -$14.8M to -$8.3M.
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Madison Square Garden Sports reports record FY2024 revenue of $1.03B, up 16% YoY; Q4 swings to profit
FY2024 revenue $1.027B (+16% YoY); operating income $146.0M (+71%); adjusted operating income $172.2M (+50%).
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Madison Square Garden Sports names Jamaal Lesane permanent COO with $1M salary
Lesane, formerly EVP and General Counsel and interim President/COO, appointed COO effective July 1, 2024.
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James L. Dolan renews employment as Executive Chairman/CEO through June 2027
Base salary at least $1.6M; target bonus at least 200% of base salary.
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MSG Sports Q3 revenue $430M (+12% YoY); adjusted operating income up 3% to $88.7M
Revenue of $430.0M, up $47.2M (+12%) from prior year; driven by higher ticket, suite, and media rights fees.
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Madison Square Garden Sports names Jamaal Lesane interim President and COO
Appointment effective April 3, 2024.
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Madison Square Garden Sports President and COO David Hopkinson departs effective April 1, 2024
David Hopkinson, President and COO, separated from the Company effective April 1, 2024.
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MSGS Q2 revenue down 8% to $326.9M; operating income falls 44% to $28.8M
Revenue $326.9M, down $26.8M (8%) YoY due to 9 fewer combined Knicks/Rangers home games.
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Madison Square Garden Sports Corp. annual meeting results; all director nominees elected
Class A stockholders elected 5 directors; Joseph M. Cohen received 13,038,735 for, 2,753,453 withheld.
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MSGS Q1 revenue up 79% to $43M; operating loss narrows 59% to $14.8M
Revenue $43.0M, up 79% from $24.1M in Q1 FY2023.
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MSGS reports fiscal 2023 record revenue of $887.4M (+8% YoY); Q4 revenue down 28% due to fewer home games
Full-year revenue $887.4M (+8% YoY); operating income $85.2M (-1%); adjusted operating income $115.0M (flat).
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MSGS Q3 revenue up 13% to $382.7M; operating income up 33% to $81.8M
Fiscal Q3 ended March 31, 2023: revenue $382.7M (+13% YoY), operating income $81.8M (+33%), adjusted operating income $98.1M (+20%).
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MSGS amends James Dolan's employment agreement, allows concurrent roles at affiliates; expands conflict policy
James L. Dolan's amended employment agreement recognizes his roles at MSG Entertainment and Sphere Entertainment; base salary remains at least $1.25M.
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Madison Square Garden Sports Q2 revenue up 22% to $353.7M; adjusted op income up 38% to $76.6M; $250M shareholder return
Revenue $353.7M, +22% YoY; operating income $51.5M, +43%.
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MSGS annual meeting elects 17 directors, ratifies auditor, approves say-on-pay
Five Class A directors and twelve Class B directors elected; all Class B directors received 45,295,170 votes for.
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MSGS reports Q1 revenue up 28% YoY to $24.1M; declares $7/sh special dividend, $75M buyback
Revenue $24.1M vs $18.8M YoY; operating loss $35.9M, adjusted operating loss $27.3M.
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MSG Sports declares $7.00 special dividend and authorizes $75M ASR
Special cash dividend of $7.00 per share (~$175M total) payable Oct 31, 2022; record date Oct 17, 2022.
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MSG Sports CEO Andrew Lustgarten to step down Jan 1; David Hopkinson named President and COO
CEO Andrew Lustgarten to step down effective Jan 1, 2023; will remain as director on Board.
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Madison Square Garden Sports reports record FY2022 revenue $821.4M and AOI $142.2M
Full-year revenue $821.4M (up 98% YoY); operating income $86.1M vs. loss of $78.4M in FY2021.
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MSGS Q3 revenue $337.8M, operating income $61.4M, AOI $81.5M; well above pre-pandemic
Revenue of $337.8M, up 85% from $183.0M in COVID-impacted Q3 last year; exceeded fiscal 2019 Q3 levels.
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Madison Square Garden Sports names Jamaal Lesane as EVP and General Counsel
Jamaal Lesane appointed Executive Vice President and General Counsel effective March 21, 2022.
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MSGS Q2 revenue $289.6M, operating income $35.9M; above pre-pandemic levels
Revenue $289.6M vs $28.8M a year ago; operating income $35.9M vs loss of $38.4M.
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Madison Square Garden Sports enters new employment agreement with Executive Chairman James Dolan
Base salary of at least $1.25M; target annual bonus of 200% of base salary.
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CEO Andrew Lustgarten signs new employment agreement with base salary $1M, target bonus 200%
Base salary not less than $1,000,000 annually; target bonus not less than 200% of base salary.
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MSG Sports refinances Knicks and Rangers credit facilities; increases overall capacity
Knicks LLC entered $275M revolving credit facility maturing Dec 14, 2026; refinances $220M outstanding.
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Madison Square Garden Sports Corp. reports annual meeting results; all director nominees elected
Class A stockholders elected five directors: Cohen, Parsons, Peltz, Seidenberg, Vinciquerra.
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MSGS adopts executive deferred comp plan; CFO Mink gets new contract with $900k salary
Executive Deferred Compensation Plan approved Nov 16, 2021 for SVP+ employees including NEOs.
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Madison Square Garden Sports Q1 revenue $18.8M down 67% YoY; operating loss widens
Revenue of $18.8M, down 67% from $57.0M in prior-year quarter.
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MSGS reports Q4 revenue $146.9M, FY revenue $415.7M down 31% YoY; operating loss narrows
FY2021 revenue $415.7M vs $603.3M prior year (-31%); Q4 revenue $146.9M vs negative $7.0M prior year.