MSG Knicks

MSG Knicks (Ticker: MSGK US) operates the New York Knicks professional basketball team and its NBA G League affiliate, the Westchester Knicks. Revenue comes from tickets, media rights, sponsorships, premium hospitality and game-day spending. The Knicks play at Madison Square Garden under a licence agreement with separately owned MSG Entertainment.

Madison Square Garden Sports continues as MSG Knicks, the continuing parent, after distributing MSG Rangers to shareholders. Shareholders retain their existing shares in the continuing company, which trades under the MSG Knicks name and MSGK ticker; MSG Rangers is the spun-out business. The distribution is scheduled for October 26, 2026, with regular-way trading on NYSE scheduled for October 27, 2026.

An analyst estimates the continuing company's post-separation equity value at $7.50 billion. This is an estimate, not a confirmed post-separation trading value or an IPO offer price.