MSG Sport to spin New York Knicks and Rangers into NYSE-listed firms Sport Business Directors at Madison Square Garden Sports Corp have approved plans to spin off the organisation’s New York Rangers and New York Knicks franchises into separate public firms. The move will make the NBA-winning New York Knicks the first publicly traded basketball team in nearly a quarter of a century. The New York Knicks NBA spin-off [...]
New York named world’s top sport city as London trails in fourth place Sport Business New York has been crowned the world’s leading sport city while London continues to lag in fourth place in a new independent ranking published today. The Big Apple has benefited from increased visibility in 2026, driven by hosting the World Cup final and the Knicks ending their long wait for the NBA championship. That lifted [...]
Knicks NBA finals win over Spurs smashes broadcasting records Sport Business The 2026 NBA Finals between the victorious New York Knicks and the San Antonio Spurs was the most watched series this century. The most-watched NBA postseason since 1998 averaged more than 20m viewers across broadcasters ABC and ESPN. And the crucial fifth game, which saw the Madison Square Garden Sports-owned New York Knicks win their [...]
New York Knicks could be first publicly traded NBA team in 24 years February 18, 2026 The New York Knicks could become the first NBA team in more than 20 years to be publicly traded under proposals being considered by their current owners. New York Stock Exchange-traded Madison Square Garden Sports Corp currently holds both the Knicks and the NHL’s New York Rangers but could split them into two separate listed [...]
Most profitable sports clubs of 2025 list features three Premier League sides January 11, 2025 Three Premier League clubs have made the Forbes most profitable sports teams list of 2025, with the top 20 generating an estimated £3.2bn in profit during the most recent season. The figures, calculated using Forbes’ estimates of operating income with total value using the enterprise values, suggest an average £159m profit per team, up 12 [...]