| Madison Square Garden Sports is a holding company. Through its subsidiaries, Co. is engaged in the sports business. Co. owns and operates a portfolio of assets, including the New York Knickerbockers of the National Basketball Association (NBA) and the New York Rangers of the National Hockey League. Co.'s other franchises include two development league teams, the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. In addition, Co. owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming, a North American esports organization. We show 8 historical shares outstanding datapoints in our MSGS shares outstanding history coverage, used to compute MSGS market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing MSGS market cap history over the course of time is important for investors
interested in comparing MSGS's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of MSGS versus a peer is one thing; comparing
MSGS market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like MSGS can fluctuate over the course of history.
With this page we aim to empower investors researching MSGS by allowing them to research the MSGS market cap history.