Madison Square Garden Sports

American sports holding company

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Madison Square Garden Sports plans knicks and rangers spinoff
business Feb 19, 2026, 7:00 AM
Madison Square Garden Sports plans knicks and rangers spinoff
  • Madison Square Garden Sports shares rose over 16%, reaching a record high following board approval for a potential spinoff.
  • The proposed spinoff aims to separate the New York Knicks from the New York Rangers franchises.
  • This strategic move is expected to unlock value and better reflect the franchises' worth in the market.
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