MSG Sports scores as Lakers' record sale price sets new benchmark

June 20, 2025 11:17 AM PDT | By EODHD

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MSG Sports scores as Lakers' record sale price sets new benchmark — Image source: Kalkine Media

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[David Yurman New York Knicks Josh Hart Event] Eugene Gologursky/Getty Images Entertainment Shares of Madison Square Garden Sports (NYSE:MSGS [https://seekingalpha.com/symbol/MSGS]) jumped after the record-breaking $10 billion sale of the Los Angeles Lakers boosted perceived valuations for marquee franchises owned by Madison Square Garden Sports (NYSE:MSGS [https://seekingalpha.com/symbol/MSGS]) CEO James Dolan, including the New York Knicks and New York Rangers. Earlier this week, Mark Walter, CEO of TWG Global and current owner of the Los Angeles Dodgers, purchased the remaining stake in the LA Lakers from the Buss family for $10B, making it the largest sum paid for any sports franchise in the world. The sale price instantly increased the value of the two NBA teams that were once considered even more valuable than the Lakers. With 7 NBA championship titles and $800M in revenue for the 2023-2024 season, Forbes [https://www.forbes.com/teams/new-york-knicks/]considered the Golden State Warriors the most valuable professional basketball team with an $8.8B valuation. This was followed by Dolan’s NY Knicks at a $7.5B valuation and $543M in season revenue, up 8% from the 2022-2023 season.

Prior to be bumped to the top of the list, Forbes previously valued the Lakers at $7.1B with 16 championships and $522M in revenue for the last season. In the National Hockey League, the NY Rangers are valued at ~$3.5B, a close second to the $4B value of the Toronto Maple Leafs. Shares of Madison Square Garden Sports Corp (NYSE:MSGS [https://seekingalpha.com/symbol/MSGS]) are 7.5% higher on Friday. MORE ON MADISON SQUARE GARDEN * Madison Square Garden Q1 2025 Earnings Preview [https://seekingalpha.com/news/4439158-madison-square-garden-q1-2025-earnings-preview] * Seeking Alpha’s Quant Rating on Madison Square Garden [https://seekingalpha.com/symbol/MSGS/ratings/quant-ratings] * Historical earnings data for Madison Square Garden [https://seekingalpha.com/symbol/MSGS/earnings] * Financial information for Madison Square Garden [https://seekingalpha.com/symbol/MSGS/income-statement]

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