Investment OpportunityMSGS currently trades at a significant discount to the third-party valuations from Forbes, presenting a big opportunity for equity investors.
Share Price PotentialMSGS shares have historically responded positively to increases in third-party valuations, suggesting a potential increase in share price following the new valuation.
ValuationForbes valued the New York Knicks at $9.75 billion, marking a 30% year-over-year increase, which is the largest annual uptick since MSGS began trading in 2020.