Madison Square Garden Sports Files for Proposed Rangers Business Spin-Off

MT Newswires Live

Aug 17

Madison Square Garden Sports (MSGS) filed a Form 10 with the US Securities and Exchange Commission for the proposed spin-off of its New York Rangers business from its New York Knicks business, the company said Friday.

The transaction would create two publicly traded companies: MSG Knickerbockers, comprising the Knicks and Westchester Knicks, and MSG Rangers, comprising the Rangers, Hartford Wolf Pack and MSG Training Center.

The tax-free spin-off is expected to distribute 100% of the Rangers company's common stock pro rata to MSG Sports shareholders.

James L. Dolan is expected to serve as executive chairman and chief executive officer of both companies following the separation, MSG Sports said.

The company currently expects to complete the spin-off by the end of October 2026, subject to conditions including any required league approval, receipt of a tax opinion from counsel and board approval.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2660864874"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2660864874\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2660864874?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-08-17 17:37","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2660864874","market":"hk","top_or_hot":-1,"title":"Madison Square Garden Sports Files for Proposed Rangers Business Spin-Off","media":"MT Newswires Live","content":"<html><body><p> Madison <a href=\"https://laohu8.com/S/XYZ\">Square</a> Garden Sports (MSGS) filed a Form 10 with the US Securities and Exchange Commission for the proposed spin-off of its New York Rangers business from its New York Knicks business, the company said Friday.</p><p>The transaction would create two publicly traded companies: MSG Knickerbockers, comprising the Knicks and Westchester Knicks, and MSG Rangers, comprising the Rangers, Hartford Wolf Pack and MSG Training Center.</p><p>The tax-free spin-off is expected to distribute 100% of the Rangers company's common stock pro rata to MSG Sports shareholders.</p><p>James L. Dolan is expected to serve as executive chairman and chief executive officer of both companies following the separation, MSG Sports said.</p><p>The company currently expects to complete the spin-off by the end of October 2026, subject to conditions including any required league approval, receipt of a tax opinion from counsel and board approval.</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Madison Square Garden Sports Files for Proposed Rangers Business Spin-Off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMadison Square Garden Sports Files for Proposed Rangers Business Spin-Off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1092851196\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">MT Newswires Live </p>\n<p class=\"h-time\">2026-08-17 17:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p> Madison <a href=\"https://laohu8.com/S/XYZ\">Square</a> Garden Sports (MSGS) filed a Form 10 with the US Securities and Exchange Commission for the proposed spin-off of its New York Rangers business from its New York Knicks business, the company said Friday.</p><p>The transaction would create two publicly traded companies: MSG Knickerbockers, comprising the Knicks and Westchester Knicks, and MSG Rangers, comprising the Rangers, Hartford Wolf Pack and MSG Training Center.</p><p>The tax-free spin-off is expected to distribute 100% of the Rangers company's common stock pro rata to MSG Sports shareholders.</p><p>James L. Dolan is expected to serve as executive chairman and chief executive officer of both companies following the separation, MSG Sports said.</p><p>The company currently expects to complete the spin-off by the end of October 2026, subject to conditions including any required league approval, receipt of a tax opinion from counsel and board approval.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B894F039.SGD","symbol_name":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2660864874","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660864874","pubTimestamp":1786959442,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"Madison Square Garden Sports  filed a Form 10 with the US Securities and Exchange Commission for the proposed spin-off of its New York Rangers business from its New York Knicks business, the company said Friday.The transaction would create two publicly traded companies: MSG Knickerbockers, comprising the Knicks and Westchester Knicks, and MSG Rangers, comprising the Rangers, Hartford Wolf Pack and MSG Training Center.The tax-free spin-off is expected to distribute 100% of the Rangers company's common stock pro rata to MSG Sports shareholders.James L. Dolan is expected to serve as executive chairman and chief executive officer of both companies following the separation, MSG Sports said.The company currently expects to complete the spin-off by the end of October 2026, subject to conditions including any required league approval, receipt of a tax opinion from counsel and board approval.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","IE00B19Z9P08.USD":"LEGG MASON CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (USD) INC","BK4108":"电影和娱乐","MSGS":"麦迪逊运动","IE00BZ9MQY76.HKD":"FTGF CLEARBRIDGE US AGGRESSIVE GROWTH \"A\" (HKD) ACC","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","LU0274383776.USD":"MANULIFE GF US SMALL CAP EQUITY \"AA\" (USD) INC"},"translate_title":"麦迪逊广场花园体育档案拟分拆流浪者队业务","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MSGS":1},"content_text":"Madison Square Garden Sports (MSGS) filed a Form 10 with the US Securities and Exchange Commission for the proposed spin-off of its New York Rangers business from its New York Knicks business, the company said Friday.The transaction would create two publicly traded companies: MSG Knickerbockers, comprising the Knicks and Westchester Knicks, and MSG Rangers, comprising the Rangers, Hartford Wolf Pack and MSG Training Center.The tax-free spin-off is expected to distribute 100% of the Rangers company's common stock pro rata to MSG Sports shareholders.James L. Dolan is expected to serve as executive chairman and chief executive officer of both companies following the separation, MSG Sports said.The company currently expects to complete the spin-off by the end of October 2026, subject to conditions including any required league approval, receipt of a tax opinion from counsel and board approval.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}