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MSG Sports Plans Knicks-Rangers Split Into Separate Companies

8/15/2026

49 9 Full Breakdown

Summary

Story summary

MSG Sports will split the Knicks and Rangers into separate companies, with the spinoff due by the end of October 2026.
MSG Knickerbockers Corp. will own the Knicks and Westchester Knicks while MSG Rangers Corp. will own the Rangers, Hartford Wolf Pack and MSG Training Center.
Sportico values the Knicks at $9.85 billion (third in the NBA) and the Rangers at $3.65 billion.

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Story summary

MSG Sports will split the Knicks and Rangers into separate companies, with the spinoff due by the end of October 2026.
MSG Knickerbockers Corp. will own the Knicks and Westchester Knicks while MSG Rangers Corp. will own the Rangers, Hartford Wolf Pack and MSG Training Center.
Sportico values the Knicks at $9.85 billion (third in the NBA) and the Rangers at $3.65 billion.