Key facts
- Madison Square Garden Sports (MSGS) stock has rallied significantly.
- The New York Knicks' playoff success is the primary driver of the stock rally.
- The Knicks franchise valuation has increased, and new revenue is projected from the playoff run.
- MSGS owns the New York Knicks (NBA) and New York Rangers (NHL).
Shares of Madison Square Garden Sports (MSGS) have surged, reaching an all-time high following the New York Knicks' clinch of the 2026 NBA Finals berth, their first in 27 years. The stock has risen 86% over the past 12 months and 43% year-to-date. The Knicks franchise is now valued at $9.85 billion, marking a 30% increase in a single year. Analysts anticipate that the current playoff run will generate approximately $140 million in new revenue. MSGS owns both the Knicks and the NHL's New York Rangers.