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flag The Knicks and Rangers may split into separate public companies to boost value, pending league approval.

flag Madison Square Garden Sports Corp. has approved exploring a separation of the New York Knicks and Rangers into independent, publicly traded companies to boost shareholder value and strategic flexibility. flag The move, which requires NBA and NHL approval, would create distinct entities for each team and their minor league affiliates, potentially increasing their valuations. flag While no final decisions have been made, the change could enhance accountability through public market pressures and reflect broader trends in sports franchise management. flag The Dolan family, which has owned both teams since 1994, may retain influence, but no immediate sale is planned.

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