• Loading stock data...
Saturday, October 25, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here

MSG Sports Open to Selling Stake in Knicks, Rangers

  • MSG Sports president and COO David Hopkinson said the company wouldn’t rule out selling a minority stake.
  • Owner James Dolan said last month he’s “not retiring anytime soon.”
The New York Rangers at Madison Square Garden
Danny Wild-USA TODAY Sports

The New York Rangers or Knicks — or both — could bring on a new minority owner.

“We have no plans to sell either team … but we would certainly not rule out the possibility of selling a minority stake in the Knicks or the Rangers,” Madison Square Garden Sports president and COO David Hopkinson said Tuesday.

  • Hopkinson referenced changes to the NBA’s ownership rules that allow sovereign wealth funds and private equity firms to invest in teams. 
  • “These are incredibly scarce assets, they’ve got strong business fundamentals that we just reviewed, and we believe they’ve got significant opportunities for long-term growth,” Hopkinson said.

But a new majority owner seems to be out of the question.

James Dolan, owner of both teams through Madison Square Garden Sports, said last month that he’s “not retiring anytime soon. It’s a family-controlled asset, so someone in the family will eventually own it.”

By the Books

Forbes last valued the Rangers at $2.2 billion, a 10% year-over-year increase, and the Knicks at $6.1 billion, a 5% year-over-year increase. The only other NBA team worth more is the Golden State Warriors at $7 billion.

MSG Sports reported $353.7 million in second-quarter revenue on Tuesday, a 22% year-over-year increase.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

MLB Union Chief on Alert As NBA Gambling Scandal Unfolds

The union leader addresses labor and gambling-related concerns.
Terry Rozier

Terry Rozier Will Be Paid Full NBA Salary While on Leave

The Heat are scheduled to pay Rozier $26.6 million for this season. 
Terry Rozier

NBA Strongly Denies Quietly Suspending Terry Rozier in 2023

Brian Windhorst appeared to walk back his comments Friday morning.

Knicks Send Mamdani Cease-and-Desist Over Campaign Ad

The Mamdani campaign said it is adjusting the ad.

Featured Today

Ohio State Buckeyes running back Isaiah West (32) runs the ball in the second half at Camp Randall Stadium on Saturday, Oct. 18, 2025 in Madison, Wisconsin

NIL Has Birthed a Third-Party Cottage Industry—and It’s a Mess

There’s no limit to how much players can make from NIL deals.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
@chef__tezz/Instagram
October 19, 2025

Inside the NFL’s Private Chef Network

Private chefs are the unsung architects of player performance.
October 18, 2025

How Vanderbilt Went From SEC Doormat to Dark Horse CFP Candidate

After beating LSU, Clark Lea said: “Internally, we expect to win.”
Oct 23, 2025; Toronto, ON, Canada; Signage in place on the dug out before game one of the World Series between the Los Angeles Dodgers and Toronto Blue Jays at Rogers Centre.

World Series Viewership Will Be Different This Year

The Canadian presence in the World Series creates a unique viewership situation.
October 18, 2025

Financial Behemoth Dodgers Win NL Pennant, Eye History

The biggest spenders would be MLB’s first repeat champion in 25 years.
Tom Dundon
exclusive
October 22, 2025

Sale of Trail Blazers to Tom Dundon Will Take Multiple Years to..

Dundon is buying the team at a $4.25 billion valuation.
Sponsored

How HOKA is Reimagining the NIL Relationship

Fans can now follow their favorite golfers and experience every marquee moment at the Ryder Cup — thanks to innovation from T-Mobile.
October 16, 2025

For Yankees, It May Be ‘Business As Usual,’ but Title Drought Lingers

GM Brian Cashman says a salary cap is not at the forefront of his mind.
Jun 15, 2025; Montreal, Quebec, Canada; Mercedes driver George Russell (63) and Mercedes driver Kimi Antonelli (12) celebrate their first and third place at the F1 Canadian Grand Prix at Circuit Gilles-Villeneuve.
October 15, 2025

Mercedes F1 Team Rides With Russell, Antonelli Despite Verstappen Link

Russell took the Formula One seat at Mercedes in 2021.
October 13, 2025

RAJ Sports Withdraws Lawsuit Over Trail Blazers Stake

RAJ Sports had sued the Cherng family, owner of Panda Express.
October 13, 2025

Titans Turnover: Brian Callahan Firing Adds to Pattern of Instability

Tennessee fired coach Brian Callahan six games into his second season.