• Tue. Apr 29th, 2025

Valuation 6.1 billion! TA: Knicks is willing to sell some shares but will not give up control

Live Bar, February 8th according to TA reporter Mike Vorkunov, Hopkins, president of Madison Garden Sports Group, said in the company’s earnings conference call on Tuesday that they were willing to sell New York Knicks or Rangers (NHL team) part of the equity.

But as Dolan has always claimed, they have no intention of selling control of any team. Hopkins reiterated this point.

According to Fox’s valuation, the Knicks are worth 6.1 billion dollars, which is the second-valued team in NBA (second only to Warriors, falling from the first to the second for the first time in 8 years); Rangers are worth 2.2 billion dollars, it is the team with the highest value in the NHL.

Leave a Reply

Your email address will not be published. Required fields are marked *