MSG Sports, however, currently carries a public market …
MSG Sports has a public market valuation of approximately $8.5 billion. This figure is significantly lower than the combined estimated private-market values of the Knicks and Rangers, which are valued at over $10 billion and $4 billion respectively. Investors have expressed concerns that the corporate structure of MSG Sports may be obscuring the true value of these franchises.
- ▪Forbes valued the Knicks at $9.75 billion last year.
- ▪CNBC recently estimated the Knicks' value to be above $10 billion.
- ▪The Rangers were valued by Forbes at $4 billion, making them the NHL's second-most valuable franchise.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Yahoo Sports.