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MSGS News
MSGS Events
Atlanta Falcons in Talks to Sell 10% Stake to KKR
The NFL's Atlanta Falcons are in talks to sell a 10% interest in the team to KKR's (KKR) Arctos Partners, Bloomberg's Randall Williams reports, citing people familiar with the matter. If a transaction is approved, it would be Arctos' fourth stake in an NFL team, the most of any private equity group, as the firm also has holdings in the Buffalo Bills, Los Angeles Chargers, and Cleveland Browns, the author says. Publicly traded owners of sports franchises include MSG Sports (MSGS), Liberty Braves Group (BATRA), and Manchester United (MANU).
Madison Square Garden Sports Corp Reports Q4 Revenue of $278.7M
Reports Q4 revenue $278.7M, consensus $226.37M. Madison Square Garden Sports Corp. Executive Chairman and CEO James L. Dolan said, "Fiscal 2026 was highlighted by the Knicks' NBA Championship win, as well as robust consumer and corporate demand for both the Knicks and Rangers throughout the year. We are also making progress on the proposed spin-off of our Rangers business, as we remain focused on driving long-term value for shareholders."
MSG Sports Shares Rise 4% to $408.87
Shares of MSG Sports, the owner of the NBA's New York Knicks, are up about 4% to $408.87 in morning trading after ESPN reported that the Los Angeles Lakers are being sold to Josh Kushner and Bob Iger for "a record-breaking price" over $12B.
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