Madison Square Garden Sports Corp.: Strengthening Of Local & National Media Rights Agreements 

Madison Square Garden Sports Corp. has recently shared its fiscal 2024 second quarter results, offering a mix of solid strengths and areas for cautious observation. The company reported revenues of approximately $327 million and an adjusted operating income of $37 million for the quarter. This reflects a dynamic scenario where, despite 9 fewer Knicks and Rangers home games comparative to the prior year, per game revenues across the majority of categories including tickets, suites, food, beverage, and merchandise increased, indicating robust per[1]unit profitability and consumer spending resilienc