MSG Sports eyes split of Knicks and Rangers into separate public companies
Madison Square Garden Sports' board approved exploring a plan to spin off its two franchises into separate publicly traded companies: the Knicks (and Westchester Knicks) as one company, and the Rangers (and Hartford Wolf Pack) as another. There is no timeline or guarantee; approvals from the NBA and NHL are required, and the move would aim to give each franchise clearer focus and investor characteristics, reflecting Dolan-era corporate restructuring.