Unknown: I'm joined by YouTube sports creator Jesser, if you have any children, is just in general. And bucket squad President Zach Miller, bucket squad is jester's company. I want to talk about the business of content creation, but I just want to start with the origin story.The Origin okay, what I mean. Just hit me with it. Like, how, how did you figure out that this was something you wanted to do.And then, how did bucket squad start. All right, so when I found out what something I wanted to do, just growi ...

Avram Glazer, the co-owner of Manchester United, is making a bid for Indian Premier League team Royal Challengers Bengaluru https://t.co/BW6UvacpTP ...

Look, folks, right behind me are the Pro Bowl games. And for the first time ever, it is a private event. But you have a golden ticket through me.So congratulations. Let's go. I'm Rhonda Williams, a sports business reporter for Bloomberg News.And I'm taking you inside the world's biggest, flashiest and most expensive sporting events to answer one question. How did sports become this big of a business. This year, the Super Bowl week has something a little different on the schedule.And no, I don't mean the pri ...

Core Viewpoint - Madison Square Garden Sports shares surged over 16% to a record high following the announcement of a plan to explore a potential spinoff of its New York Knicks franchise from its New York Rangers businesses [1] Group 1: Company Developments - The proposed spinoff will separate the New York Knicks, which includes the NBA franchise and its G League affiliate, the Westchester Knicks, from the New York Rangers, which includes the NHL franchise and its AHL affiliate, the Hartford Wolf Pack [1] - The spinoff plan received unanimous approval from the board and is expected to be structured as a tax-free transaction for all shareholders [1] - No specific timeline has been provided for the completion of the proposed transaction [1] Group 2: Market Reaction and Analyst Insights - Madison Square Garden Sports shares closed at $341.76, marking the highest daily percentage gain on record for the company [1] - Among eight analysts covering the company, the average rating is "buy" with a median price target of $337 [1] - Analysts from BTIG noted that management has been exploring options to unlock value from the teams, as the equity sometimes trades at a 50% discount to independent private value estimates [1]

Core Insights - Madison Square Garden Sports is considering a spinoff of the New York Knicks and New York Rangers into publicly traded companies, which would provide a rare opportunity for fans to own shares of their favorite sports teams [1][1][1] Company Overview - Madison Square Garden Sports ([MSGS]) has seen its shares increase by approximately 30% this year and has added nearly 75% of their value over the past five years [1][1][1] - The Knicks were valued at around $9.5 billion in 2025, ranking among the top 10 most valuable sports franchises globally according to Forbes [1][1][1] Investment Implications - The proposed spinoff could enhance strategic flexibility and provide a defined business focus for each team, potentially unlocking value for investors [1][1][1] - Citi analysts have set a target price of $337 for MSGS stock, which is about 15% above the previous close, attributing $226 of that value to the Knicks [1][1][1]

The Seattle Seahawks have began the process to sell the team, in what is set to be the biggest ever deal for a NFL franchise https://t.co/HSrZLhHNOA ...

Core Viewpoint - MSG Sports is considering a split of the New York Knicks and New York Rangers to enhance shareholder value and address the disparity between the company's market value and the valuation of its sports teams [1]. Group 1: Company Valuation - The New York Knicks are estimated to be worth approximately $10 billion, reflecting their status as a leading NBA team [1]. - Investors have been anticipating a strategic move from Madison Square Garden Sports to bridge the significant gap between the company's overall market value and the individual valuations of its sports franchises [1].

Madison Square Garden’s board of directors approved a plan to explore spinning off the NBA’s New York Knicks and NHL’s New York Rangers’ business, to create two publicly traded companies. https://t.co/KL7C4oovbF ...

While the Winter Olympics won’t have the NBA, golf and tennis stars whose outsize paychecks loom over the Summer Games—and frequently place them on the annual Forbes list of the world’s highest-paid athletes—the men’s hockey tournament in Milan includes 146 players from the NHL. The league, which hadn’t allowed its players to take the Olympic ice since 2014, has a minimum salary of $775,000 this season, and nine of the ten members of the Forbes ranking of the NHL’s highest-paid players—which also accounts f ...

While the Winter Olympics won’t have the NBA, golf and tennis stars whose outsize paychecks loom over the Summer Games—and frequently place them on the annual Forbes list of the world’s highest-paid athletes—the men’s hockey tournament in Milan includes 146 players from the NHL.The league, which hadn’t allowed its players to take the Olympic ice since 2014, has a minimum salary of $775,000 this season, and nine of the ten members of the Forbes ranking of the NHL’s highest-paid players—which also accounts fo ...