Event-Related was Madison Square Garden Sports’s largest product and service line in fiscal 2026, bringing in $536.55M of $1.15B (47%).
| Product and Service | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Event-Related Revenue | — | — | — | — | |||||||||
| Event-Related | $362.53M | $458.21M | $462.53M | $536.55M | |||||||||
| Media Rights | $288.97M | $297.76M | $285.57M | $295.74M | |||||||||
| Sponsorship, Signage & Suite Licenses | $196.48M | $210.74M | $230.18M | $255.35M | |||||||||
| Media Rights Revenues | — | — | — | — | |||||||||
| All Other Revenues | — | — | — | — | |||||||||
| Advertising Sales Commission Sponsorship Signage Revenues | — | — | — | — | |||||||||
| Advertising Sales Commission &Amp; Sponsorship &Amp; Signage Revenues | — | — | — | — | |||||||||
| League Distributions & Other | $39.47M | $60.44M | $60.94M | $66.19M | |||||||||
| Total | $887.45M | $1.03B | $1.04B | $1.15B |
Madison Square Garden Sports brought in $1.15B from its four product and service lines in fiscal 2026, the year ended June 30, 2026. That was up 11.0% from $1.04B in fiscal 2025. Event-Related was the largest at $536.55M (46.5%), ahead of Media Rights at $295.74M (25.6%) and Sponsorship, Signage & Suite Licenses at $255.35M (22.1%). The remaining line, League Distributions & Other, brought in $66.19M.
Compared with fiscal 2025, Event-Related grew fastest, up 16.0% to $536.55M. Every line above 2% of revenue grew. From fiscal 2023 to 2026, combined revenue from these lines grew from $887.45M to $1.15B, a compound annual growth rate of 9.1%. Event-Related's share of the total rose from 40.9% to 46.5%.
Related Party was Madison Square Garden Sports’s largest revenue line in fiscal 2026, bringing in $147.73M of $273.48M (54%).
| Related and Nonrelated Parties | FY 2026 |
|---|---|
| Related Party | $147.73M |
| Msg Networks | $125.75M |
| Total | $273.48M |
Madison Square Garden Sports brought in $273.48M from its two revenue lines in fiscal 2026, the year ended June 30, 2026. That is less than the $1.15B it reports by product and service, so these revenue lines do not cover all of its revenue. Related Party was the largest at $147.73M (54.0%), ahead of Msg Networks at $125.75M (46.0%).
Operating Segments was Madison Square Garden Sports’s largest segment in fiscal 2018, bringing in $780.73M of $780.44M (100%).
| Segment | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 |
|---|---|---|---|---|---|
| Operating Segments | $656.68M | $699.06M | $811.98M | $780.73M | |
| Corporate, Non-Segment | $707.00K | $859.00K | — | — | |
| Intersegment Eliminations | — | — | — | -$284.00K | |
| Total | $657.39M | $699.92M | $811.98M | $780.44M |
Madison Square Garden Sports brought in $780.44M from its two segments in fiscal 2018, the year ended June 30, 2018. Madison Square Garden Sports regrouped these segments after fiscal 2017, so the total does not compare directly with that year's $811.98M. Operating Segments was the largest at $780.73M (100.0%).
Madison Square Garden Sports began breaking out Intersegment Eliminations in fiscal 2018, when it brought in -$284.00K. Madison Square Garden Sports stopped reporting Corporate, Non-Segment as a separate segment after fiscal 2016, when it brought in $859.00K. The total is net of Intersegment Eliminations, which took $284.00K off revenue in fiscal 2018.
Madison Square Garden Sports (MSGS) reports its revenue by product and service, by related and nonrelated parties and by segment. In fiscal 2026, Event-Related was its largest product and service line, bringing in $536.55M (46.5% of the total), followed by Media Rights at $295.74M (25.6%).
Event-Related was Madison Square Garden Sports' largest product and service line in fiscal 2026, bringing in $536.55M, or 46.5% of the $1.15B total across its four product and service lines.
Related Party was Madison Square Garden Sports' largest revenue line in fiscal 2026, bringing in $147.73M, or 54.0% of the $273.48M total across its two revenue lines.
Operating Segments was Madison Square Garden Sports' largest segment in fiscal 2018, bringing in $780.73M, or 100.0% of the $780.44M total across its two segments.
Among Madison Square Garden Sports' product and service lines that make up at least 2% of revenue, Event-Related grew fastest in fiscal 2026, up 16.0% from $462.53M to $536.55M.
Every figure comes from Madison Square Garden Sports' annual financial filings, as reported. Each line keeps the name Madison Square Garden Sports gives it, and years follow its fiscal calendar.
Madison Square Garden Sports' revenue by product and service goes back to fiscal 2014, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.