Could You Buy the Knicks Soon? Kind of.

You could buy a piece of the New York Knicks and Rangers soon. No, really.MSG Sports, the owners of the NBA and NHL teams, is planning to spin each of those teams off into separate publicly traded companies. That means Knicks and Rangers stock could soon be available on the stock. But why is this happening. Mike Vorkunov, a reporter for The Athletic, and Yaron Weitzman, a NBA reporter and author, talk to Lightshed Partners analyst Brandon Ross about why MSG Sports is spinning off its two teams into separate companies and what it means. Could a sale of either team be on the horizon? We got the answers for you here. 3:00 — Would the Knicks actually be sold?5:30 — Why is James Dolan doing this? 14:00 — There's little benefit to being publicly traded company if you're a sports teams 🔔 Subscribe for more Knicks/NBA business breakdowns