Every material Form 8-K Madison Square Garden Sports filed with the SEC in 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
On October 26, 2026, MSG Knickerbockers Corp., formerly Madison Square Garden Sports Corp., distributed all shares of MSG Rangers Corp., which holds the New York Rangers business, to its stockholders. Going forward, the company will no longer include the Rangers' results in its own financial reporting, so shareholders will hold stock in two separate public companies. The filing's pro forma figures show how the company would have looked without the Rangers, but they are illustrative only and are not actual results.
Distribution completed October 26, 2026: one MSG Rangers Class A share for every two Class A shares held at the October 20, 2026 record date, with Class B shares distributed on the same ratio.
Pro forma revenue for the fiscal year ended June 30, 2026 was $816.6 million, compared with $1,153.8 million historically; pro forma diluted EPS was $1.09, compared with $0.32 historically.
James L. Dolan, Executive Chairman and CEO, received a one-time $10,000,000 cash award for the Distribution, paid October 26, 2026.
The company was renamed MSG Knickerbockers Corp. effective 11:59 p.m. on October 26, 2026, and the NHL Transfer Consent Agreement requires NHL consent for future transfers of the Rangers.
MSG Knickerbockers entered into agreements on September 30, 2026 to separate its New York Rangers hockey business into MSG Rangers Corp., which will be distributed to its stockholders. The company keeps sole discretion over whether to proceed, and the distribution is expected on October 26, 2026, after which shareholders will hold shares in both companies.
Record date is October 20, 2026; distribution is expected October 26, 2026.
Holders receive one MSG Rangers share for every two shares of MSG Sports common stock held at the record date.
Regular way trading of MSG Knicks (MSGK) and MSG Rangers (MSGR) is expected to begin October 27, 2026.
Completion depends on effectiveness of the Form 10, certain conditions, final league approval and a tax opinion.
Effective September 21, 2026, Jamaal T. Lesane became Executive Vice President and Chief Legal Officer of Madison Square Garden Sports Corp. and stopped serving as Chief Operating Officer. Bryan Warner, Senior Vice President and Head of Legal, ceased to be an executive officer on the same date but remains employed with the same title under his existing employment agreement. The filing describes changes in the company's senior legal and operating leadership, with no financial figures disclosed.
Jamaal T. Lesane became Executive Vice President and Chief Legal Officer effective September 21, 2026
Lesane ceased to serve as Chief Operating Officer as of the same date
Bryan Warner ceased to be an executive officer effective September 21, 2026 but keeps his Senior Vice President, Head of Legal title
The filing is dated September 22, 2026 and was signed by Mark C. Cresitello, Senior Vice President, Deputy General Counsel and Secretary
MSG Sports reported fiscal fourth-quarter and full-year 2026 results, with revenue up 11% for the year to $1,153.8 million and operating income of $28.9 million, up from $14.8 million. The quarter swung to an operating income of $32.2 million from an operating loss of $22.6 million a year earlier, driven largely by playoff revenue after the New York Knicks won the 2025-26 NBA Championship. The company also said it expects to complete the proposed spin-off of its New York Rangers business by the end of October 2026, subject to conditions including board approval.
Q4 revenue of $278.7 million rose $74.8 million, or 37%, with playoff-related revenues up $66.9 million
Fiscal 2026 operating income of $28.9 million vs. $14.8 million; adjusted operating income of $58.7 million vs. $38.2 million
Fiscal 2026 net income of $7.8 million vs. a net loss of $22.4 million in fiscal 2025
Rangers spin-off expected by end of October 2026, subject to conditions including Company board approval
MSG Sports reported fiscal third-quarter 2026 revenue of $432.2 million, up $8.0 million or 2% from a year earlier, driven mainly by higher league distributions. Operating income fell to $2.0 million, and the net loss widened to $20.0 million, or $0.83 per share, from $14.2 million, or $0.59 per share, a year earlier, so profit weakened even as sales grew.
Revenue of $432.2 million, up $8.0 million or 2%; league distributions rose $27.0 million, partly offset by lower ticket-related revenue down $12.9 million.
Operating income of $2.0 million, down $30.4 million; adjusted operating income of $10.3 million, down $26.6 million, as direct operating expenses rose $38.2 million.
Net loss of $20.0 million, or $0.83 per share, compared with a net loss of $14.2 million, or $0.59 per share, in the prior year quarter.
On February 18, 2026, the board approved exploring a possible spin-off separating the New York Knicks from the New York Rangers.
Madison Square Garden Sports Corp. appointed Paul DiCicco as Executive Vice President, Chief Financial Officer and Treasurer, effective May 11, 2026, or a later agreed date. Victoria Mink, the current CFO, will leave that role on the same date and remain with the company as Executive Vice President, Finance to assist with the transition.
Paul DiCicco, 51, has been CFO of Stephen Gould Corporation since 2023 and previously served as SVP, Corporate Controller at Harris Blitzer Sports and Entertainment.
Employment agreement dated April 28, 2026 sets annual base salary of not less than $650,000 and annual target bonus of not less than 100% of base salary, starting with the fiscal year beginning July 1, 2026.
Expected long-term awards with an aggregate target value of not less than $650,000.
If terminated without cause or for good reason before the Scheduled Expiration Date of May 10, 2029, severance is no less than two times the sum of base salary and target bonus, subject to a separation agreement.
MSG Sports said its Chief Financial Officer, Victoria Mink, agreed on February 17, 2026 to leave the company, and a successor search has started. Its board also unanimously approved a plan to explore a possible spin-off that would separate the New York Knicks from the New York Rangers into two public companies, though the filing says there is no assurance the transaction will be completed.
Victoria Mink, Executive Vice President, CFO and Treasurer, agreed to leave on February 17, 2026, and will stay on for a period to assist with the spin-off and a transition.
Mink will receive severance under her employment agreement; the filing says her departure is not related to any disagreement on accounting or disclosure matters.
The possible spin-off would create two publicly traded companies, with record holders of Class A and Class B common stock receiving a pro-rata distribution of 100% of the new company's common stock.
Completion depends on league approvals, a tax opinion from counsel and final company board approval.
MSG Sports reported fiscal second-quarter results for the quarter ended December 31, 2025, with revenues of $403.4 million, up 13%, and operating income of $22.2 million, up 67% from the prior year period. For the six months, the company recorded an operating loss of $5.2 million, compared with operating income of $5.0 million a year earlier, and used $52.5 million in operating cash flow.
Q2 revenues $403.4 million, up $45.7 million (13%); growth tied to additional home games, higher NBA national media rights fees and suite revenue
Q2 operating income $22.2 million vs. $13.3 million; net income $8.2 million, or $0.34 per diluted share, vs. $0.05
Six-month operating loss of $5.2 million vs. operating income of $5.0 million in the prior year period
Net cash used in operating activities was $52.5 million for the six months ended December 31, 2025, vs. $35.6 million provided a year earlier
Briefs filed under another ticker of the same company: MSGK.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Madison Square Garden Sports filing is on SEC EDGAR ↗. 8-K briefs of other companies →