PR Newswire
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) today reported financial results for the fiscal first quarter ended September 30, 2024.
Last month, the New York Knicks ("Knicks") and New York Rangers ("Rangers") began their 2024-25 regular seasons at the Madison Square Garden Arena. Recent Company operating highlights include:
The combined average season ticket renewal rate for the Knicks and Rangers is approximately 97% for the 2024-25 seasons;The Company announced a new multi-year marketing partnership with the Department of Culture and Tourism – Abu Dhabi that includes naming 'Experience Abu Dhabi' as the Official Patch Partner of the New York Knicks;The Company also recently signed a new multi-year sponsorship deal with Lenovo and its subsidiary Motorola Mobility, as well as multi-year sponsorship renewals with Verizon and Benjamin Moore; andThe suites business continues to benefit from strong renewals and new sales activity, including the event-level club space, which was introduced during the 2023-24 seasons and was recently expanded.
Benjamin Moore Remains In-Game Helmet Sponsor and Expands Sponsorship as the Official Paint, Stain and Coatings Partner of the NY Rangers
NEW YORK, Oct. 10, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) announced today the renewal and expansion of their marketing partnership with Benjamin Moore, a Berkshire Hathaway company and a leader in paint, color and coatings.
Record Revenues of Over $1 Billion for Fiscal 2024, up 16% Year-over-Year
Record Operating Income of $146.0 Million and Adjusted Operating Income of $172.2 Million for Fiscal 2024(1)
NEW YORK, Aug. 13, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) (the "Company") today reported financial results for the fiscal fourth quarter and full-year ended June 30, 2024.
NEW YORK, July 9, 2024 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE: MSGS) ("MSG Sports") today announced that Jamaal Lesane, an accomplished executive with multifaceted sports industry experience, has been named Chief Operating Officer. Mr. Lesane previously served as MSG Sports' Executive Vice President and General Counsel since March 2022.
As Chief Operating Officer, Mr. Lesane works closely with executive leadership to strengthen the Company's portfolio and support its long-term direction and growth. This includes supporting MSG Sports' overall strategic vision, while driving innovation and optimizing corporate performance across the Company's professional sports franchises. In this role he oversees business operations for the Company's teams, including the New York Knicks and New York Rangers, directly managing core functions such as strategic planning, marketing, ticketing, and the in-game experience, as well as community and fan development.
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