MSGS owns the New York Knicks (NBA), New York Rangers (NHL), and related assets (minor league teams, training facilities, etc.).It became public through a spin-off in 2015 (originally trading as MSG) from what was then the broader Madison Square Garden Company.In 2020, it spun off its entertainment assets (including Madison Square Garden arena operations) into a separate public company (now MSGE / Sphere Entertainment).MSG Sports is actively pursuing a proposed tax-free spin-off to separate the Knicks and Rangers businesses into two distinct publicly traded companies.
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