Instant Reaction: MSG Sports Considering Spinning Off New York Knicks, Rangers

Madison Square Garden Sports Corp.'s board of directors approved a plan to explore spinning off the NBA's New York Knicks and NHL's New York Rangers, a move that would make it easier to attract investors to the teams. Bloomberg's Randall Williams has the details and joined Tom Keene and Paul Sweeney on Bloomberg Surveillance. Randall notes that few sports conglomerates are worth more than the combined value of the Knicks and Rangers, who both play at Madison Square Garden, one of the most famous arenas in the world. Sportico values the Knicks at $9.85 billion, third in the NBA. The Rangers are worth $3.65 billion, second in the NHL behind the Toronto Maple Leafs.

You can listen to Instant Reaction: MSG Sports Considering Spinning Off New York Knicks, Rangers online on Radio and Podcast. Open the player on this page to stream the available audio.

Instant Reaction: MSG Sports Considering Spinning Off New York Knicks, Rangers is an episode from Bloomberg Business of Sports by Bloomberg.

This episode is 8:54 long.

This episode was published on Feb 18, 2026.

Yes. Use the heart button on the episode page to add it to your favorite episodes list.

Yes. This page shows related episodes from Bloomberg Business of Sports when more episodes are available from the podcast feed.