Risk factors

Madison Square Garden Sports (MSGS) risk factors

Item 1A of every Madison Square Garden Sports Corp. 10-K on file, and what changed from one year to the next.

  • FY2026 10-K risk factors

    44 risks, 13 new, 5 dropped, 11 reworded since the prior year. The proposed Rangers Distribution adds six risks covering completion, taxes, operating restrictions, lost scale and post-separation share values.

    Filed Aug 13, 2026
  • FY2025 10-K risk factors

    36 risks. Financial results depend heavily on the popularity and success of the Knicks and Rangers franchises. Broadcasting revenue is tied to the financial health of partner MSG Networks. The business relies on licensing agreements with MSG Entertainment for use of The Garden.

    Filed Aug 12, 2025