Madison Square Garden Sports (MSGS) 10-K 18 Aug 22 2022 FY Annual report Financial data

Cover

Cover - USD ($) $ in Billions	12 Months Ended
	Jun. 30, 2022	Jul. 29, 2022	Dec. 31, 2021
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2022
Document Transition Report	false
Entity File Number	1-36900
Entity Registrant Name	MADISON SQUARE GARDEN SPORTS CORP.
Entity Incorporation, State or Country Code	DE
EIN	47-3373056
Entity Address, Street Address	Two Penn Plaza
Entity Address, City	New York
Entity Address, State	NY
Entity Address, Postal Zip Code	10121
City Area Code	212
Local Phone Number	465-4111
Title of each class	Class A Common Stock
Trading Symbol(s)	MSGS
Name of each exchange on which registered	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 3.3
Entity Central Index Key	0001636519
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2022
Document Fiscal Period Focus	FY
Amendment Flag	false
Documents Incorporated by Reference	Documents incorporated by reference — Certain information required for Part III of this report is incorporated herein by reference to the proxy statement for the 2022 annual meeting of the Company’s shareholders, expected to be filed within 120 days after the close of our fiscal year.
Class A Common Stock
Entity Common Stock, Shares Outstanding		19,696,838
Class B Common Stock
Entity Common Stock, Shares Outstanding		4,529,517

Audit Information

Audit Information	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2020
Audit Information [Abstract]
Auditor Name	Deloitte & Touche LLP	KPMG LLP
Auditor Location	New York, New York	New York, New York
Auditor Firm ID	34	185

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2022	Jun. 30, 2021
Current Assets:
Cash and cash equivalents		$ 91,018	$ 64,902
Restricted cash	[1]	0	7,134
Accounts receivable, net		47,240	74,197
Net related party receivables		28,333	6,420
Prepaid expenses		18,810	16,724
Other current assets		19,868	15,869
Total current assets		205,269	185,246
Property and equipment, net		32,892	35,716
Right-of-use lease assets		686,782	703,521
Amortizable intangible assets, net		636	1,695
Indefinite-lived intangible assets		112,144	112,144
Goodwill		226,955	226,955
Deferred income tax assets, net		0	15,943
Other assets		37,288	28,719
Total assets		1,301,966	1,309,939
Current Liabilities:
Accounts payable		11,263	2,226
Net related party payables		19,624	17,089
Short-term debt		30,000	30,000
Accrued liabilities:
Employee related costs		119,279	90,269
League-related accrual		75,269	39,276
Other accrued liabilities		6,796	16,442
Operating lease liabilities, current		43,699	41,951
Deferred revenue		132,369	131,025
Total current liabilities		438,299	368,278
Long-term debt		220,000	355,000
Operating lease liabilities, noncurrent		699,587	691,152
Defined benefit obligations		5,005	6,283
Other employee related costs		43,411	57,740
Deferred tax liabilities, net		8,917	0
Deferred revenue, noncurrent		31,122	31,603
Other liabilities		1,002	1,749
Total liabilities		1,447,343	1,511,805
Commitments and contingencies (see Note 12)
Madison Square Garden Sports Corp. Stockholders’ Equity:
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of June 30, 2022 and 2021		0	0
Additional paid-in capital		17,573	23,102
Treasury stock, at cost, 751 and 861 shares as of June 30, 2022 and 2021, respectively		(128,026)	(146,734)
Accumulated deficit		(35,699)	(78,898)
Accumulated other comprehensive loss		(1,186)	(2,027)
Total Madison Square Garden Sports Corp. stockholders’ equity		(147,089)	(204,308)
Nonredeemable noncontrolling interests		1,712	2,442
Total equity		(145,377)	(201,866)
Total liabilities and equity		1,301,966	1,309,939
Class A Common Stock
Madison Square Garden Sports Corp. Stockholders’ Equity:
Common stock, value issued		204	204
Class B Common Stock
Madison Square Garden Sports Corp. Stockholders’ Equity:
Common stock, value issued		$ 45	$ 45
[1]See Note 2 for more information regarding the nature of restricted cash.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Thousands, $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Preferred stock, par value (dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	15,000	15,000
Preferred stock, shares outstanding	0	0
Treasury stock, shares	751	861
Short-term debt	$ 30,000	$ 30,000
Long-term debt	$ 220,000	$ 355,000
Class A Common Stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	120,000	120,000
Common stock, shares outstanding	19,697	19,587
Class B Common Stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	30,000	30,000
Common stock, shares outstanding	4,530	4,530

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Statement [Abstract]
Revenues	[1]	$ 821,354	$ 415,721	$ 603,319
Operating expenses:
Direct operating expenses	[2]	500,564	281,890	359,970
Selling, general and administrative expenses	[3]	229,668	206,700	319,675
Depreciation and amortization		5,042	5,574	17,540
Operating income (loss)		86,080	(78,443)	(93,866)
Other income (expense):
Interest income		313	32	700
Interest expense		(11,735)	(10,561)	(4,461)
Miscellaneous expense, net		(726)	(346)	(421)
Other income (expense)		(12,148)	(10,875)	(4,182)
Income (loss) from continuing operations before income taxes		73,932	(89,318)	(98,048)
Income tax (expense) benefit		(25,052)	73,421	(20,593)
Income (loss) from continuing operations		48,880	(15,897)	(118,641)
Loss from discontinued operations, net of taxes		0	0	(90,222)
Net income (loss)		48,880	(15,897)	(208,863)
Less: Net loss attributable to nonredeemable noncontrolling interests from continuing operations		(2,251)	(1,943)	(2,342)
Less: Net loss attributable to redeemable noncontrolling interests		0	0	(24,013)
Less: Net loss attributable to nonredeemable noncontrolling interests		0	0	(120)
Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders		$ 51,131	$ (13,954)	$ (182,388)
Basic earnings (loss) per share, continuing operations (USD per share)		$ 2.11	$ (0.58)	$ (4.86)
Basic earnings (loss) per share, discontinued operations (USD per share)		0	0	(2.76)
Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders (USD per share)		2.11	(0.58)	(7.62)
Diluted earnings (loss) per share, continuing operations (USD per share)		2.10	(0.58)	(4.86)
Diluted earnings (loss) per share, discontinued operations (USD per share)		0	0	(2.76)
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders (USD per share)		$ 2.10	$ (0.58)	$ (7.62)
Weighted-average number of common shares outstanding:
Basic (shares)		24,246	24,129	23,942
Diluted (shares)		24,405	24,129	23,942
[1]Include revenues from related parties of $178,696, $147,029 and $138,881 for the years ended June 30, 2022, 2021 and 2020, respectively.[2]Include net charges from related parties of $98,422, $46,995 and $77 for the years ended June 30, 2022, 2021 and 2020, respectively.[3]Include net charges from related parties of $67,776, $55,059 and $3,380 for the years ended June 30, 2022, 2021 and 2020, respectively.

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Statement [Abstract]
Revenues from related party	$ 178,696	$ 147,029	$ 138,881
Direct operating expenses from related party	98,422	46,995	77
Selling, general and administrative expenses from related party	$ 67,776	$ 55,059	$ 3,380

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 48,880	$ (15,897)	$ (208,863)
Benefit plans:
Net unamortized gains (losses) arising during the period	1,078	(38)	(321)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of net actuarial loss included in net periodic benefit cost	133	103	935
Settlement loss	9	47	67
Total recognized in other comprehensive income (loss)	1,220	112	681
Cumulative translation adjustments	0	0	(4,809)
Other comprehensive income (loss), before income taxes	1,220	112	(4,128)
Income tax expense related to items of other comprehensive income (loss)	(379)	0	0
Other comprehensive income (loss), net of income taxes	841	112	(4,128)
Comprehensive income (loss)	49,721	(15,785)	(212,991)
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests from continuing operations	(2,251)	(1,943)	(2,342)
Less: Comprehensive loss attributable to redeemable noncontrolling interests from discontinued operations	0	0	(24,013)
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests from discontinued operations	0	0	(120)
Comprehensive income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders	$ 51,972	$ (13,842)	$ (186,516)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities:
Net income (loss)	$ 48,880	$ (15,897)	$ (208,863)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	5,042	5,574	93,362
Impairment of intangibles, long-lived assets and goodwill	0	0	102,211
Share-based compensation expense	24,245	30,437	56,996
Loss in equity method investments, net of income distributions	0	0	3,901
Provision for (benefit from) deferred income taxes	24,480	(73,664)	(8,033)
Purchase accounting adjustments associated with leases	0	0	4,621
Unrealized loss on equity investment with readily determinable fair value	0	0	3,562
Provision for (recovery of) doubtful accounts	0	(175)	7,170
Other non-cash adjustments	1,833	1,084	469
Change in assets and liabilities:
Accounts receivable, net	26,957	(66,619)	(36,758)
Net related party receivables	(21,084)	(6,285)	(1,611)
Prepaid expenses and other assets	(11,658)	(22,062)	(60,774)
Accounts payable	8,947	(75)	(5,656)
Net related party payables	2,507	(863)	22,589
Accrued and other liabilities	40,213	49,192	(42,974)
Collections due to promoters	0	0	15,924
Deferred revenue	772	34,578	60,584
Operating lease right-of-use assets and lease liabilities	26,922	29,449	(3,152)
Net cash provided by (used in) operating activities	178,056	(35,326)	3,568
Cash flows from investing activities:
Capital expenditures	(932)	(466)	(362,475)
Proceeds from insurance recoveries	0	0	476
Payments for acquisition of assets	0	0	(1,000)
Purchase of short-term investments	0	0	(405,935)
Proceeds from maturity of short-term investments	0	0	176,661
Investments and loans to nonconsolidated affiliates	0	0	(75)
Proceeds from sales of nonconsolidated affiliates	0	0	18,000
Loan repayment received from subordinated debt	0	0	58,735
Cash received for notes receivable	0	0	750
Payments for (Proceeds from) Other Investing Activities	(2,000)	0	0
Net cash used in investing activities	(2,932)	(466)	(514,863)
Cash flows from financing activities:
Cash distributed with MSG Entertainment	0	0	(827,076)
Taxes paid in lieu of shares issued for equity-based compensation	(18,306)	(13,891)	(26,777)
Proceeds from share issuance	0	808	0
Noncontrolling interest capital contributions	0	0	4,000
Distributions to noncontrolling interest holders	0	0	(535)
Payment of contingent consideration	0	(200)	(200)
Proceeds from NHL advance	0	30,000	0
Proceeds from revolving credit facilities	0	30,000	350,000
Repayment of revolving credit facility	(135,000)	(25,000)	(15,000)
Repayment on long-term debt	0	0	(5,000)
Payments for financing costs	(2,836)	(4,562)	0
Net cash (used in) provided by financing activities	(156,142)	17,155	(520,588)
Effect of exchange rates on cash, cash equivalents and restricted cash	0	0	4,655
Net increase (decrease) in cash, cash equivalents and restricted cash	18,982	(18,637)	(1,027,228)
Cash, cash equivalents and restricted cash from continuing operations, beginning of period	72,036	90,673	25,836
Cash, cash equivalents and restricted cash from discontinued operations, beginning of period	0	0	1,092,065
Cash, cash equivalents and restricted cash at beginning of period	72,036	90,673	1,117,901
Cash, cash equivalents and restricted cash from continuing operations, end of period	91,018	72,036	90,673
Cash, cash equivalents and restricted cash from discontinued operations, end of period	0	0	0
Cash, cash equivalents and restricted cash at end of period	91,018	72,036	90,673
Non-cash investing and financing activities:
Non-cash acquisition of additional redeemable noncontrolling interests			(37,715)
Capital expenditures incurred but not yet paid	128	165	104,154
Tenant improvement paid by landlord	0	0	195
Share-based compensation capitalized in property and equipment	$ 0	$ 0	$ 4,011

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interests - USD ($) $ in Thousands	Total	Common Stock Issued	Additional Paid-In Capital	Treasury Stock	Retained Earnings [Member]	Accumulated Other Comprehensive Loss	Total Madison Square Garden Sports Corp. Stockholders’ Equity	Nonredeemable Noncontrolling Interests	Cumulative Effect, Period Of Adoption, Adjustment
Total equity balance at Jun. 30, 2019	$ 2,638,760	$ 249	$ 2,845,961	$ (207,790)	$ 29,003	$ (46,923)	$ 2,620,500	$ 18,260
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Loss including portion attributable to nonredeemable noncontrolling interest			0		(182,388)		(182,388)	(2,462)	$ (184,850)
Other comprehensive income (loss)	(4,128)					(4,128)	(4,128)	0
Comprehensive income (loss) attributable to the parent	(186,516)						(186,516)
Comprehensive income (loss) attributable to nonredeemable noncontrolling interest								(2,462)
Comprehensive loss including portion attributable to nonredeemable controlling interest	(188,978)
Share-based compensation	61,007		61,007				61,007
Tax withholding associated with shares issued for equity-based compensation	(26,777)		(26,777)				(26,777)
Common stock issued under stock incentive plans			(22,906)	22,906
Noncontrolling interest non-cash acquisition	37,715		20,262	17,453			37,715
Distributions to noncontrolling interest holders	(535)							(535)
Adjustments to noncontrolling interests			(1,424)				(1,424)	1,424
Contribution of joint venture interests	3,709							3,709
Redeemable noncontrolling interest adjustment to redemption fair value	(16,939)		(16,939)				(16,939)
Distribution of Madison Square Garden Entertainment Corp.	(2,711,397)		(2,853,244)		109,780	48,912	(2,694,552)	(16,845)
Total equity balance at Jun. 30, 2020	(203,435)	249	5,940	(167,431)	(43,605)	(2,139)	(206,986)	3,551
Total equity balance at Jun. 30, 2019	67,627
Redeemable Noncontrolling Interests
Net income (loss)	(24,013)
Common stock issued under stock incentive plans	(24,013)
Noncontrolling interest non-cash acquisition	(37,715)
Redeemable noncontrolling interest adjustment to redemption fair value	16,939
Distribution of Madison Square Garden Entertainment Corp.	(22,838)
Total equity balance at Jun. 30, 2020	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Loss including portion attributable to nonredeemable noncontrolling interest	(15,897)				(13,954)		(13,954)	(1,943)
Other comprehensive income (loss)	112						112
Comprehensive income (loss) attributable to the parent	(13,842)						(13,842)
Comprehensive income (loss) attributable to nonredeemable noncontrolling interest								(1,943)
Comprehensive loss including portion attributable to nonredeemable controlling interest	(15,785)
Share-based compensation	30,437		30,437				30,437
Tax withholding associated with shares issued for equity-based compensation	(13,891)		(11,023)		(2,868)		(13,891)
Common stock issued under stock incentive plans	808		(1,418)	20,697	(18,471)		808
Adjustments to noncontrolling interests			(834)				(834)	834
Total equity balance at Jun. 30, 2021	(201,866)	249	23,102	(146,734)	(78,898)	(2,027)	(204,308)	2,442
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Loss including portion attributable to nonredeemable noncontrolling interest	48,880				51,131		51,131	(2,251)
Other comprehensive income (loss)	841					841	841
Comprehensive income (loss) attributable to the parent	51,972						51,972
Comprehensive income (loss) attributable to nonredeemable noncontrolling interest								(2,251)
Comprehensive loss including portion attributable to nonredeemable controlling interest	49,721
Share-based compensation	24,245		24,245				24,245
Tax withholding associated with shares issued for equity-based compensation	(18,306)		(18,306)				(18,306)
Common stock issued under stock incentive plans	829		(9,947)	18,708	(7,932)		829
Adjustments to noncontrolling interests	0		(1,521)				(1,521)	1,521
Total equity balance at Jun. 30, 2022	$ (145,377)	$ 249	$ 17,573	$ (128,026)	$ (35,699)	$ (1,186)	$ (147,089)	$ 1,712

Description of Business and Bas

Description of Business and Basis of Presentation	12 Months Ended
	Jun. 30, 2022
Description of Business And Basis of Presentation [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business Madison Square Garden Sports Corp., formerly The Madison Square Garden Company (together with its subsidiaries, the “Company” or “MSG Sports”) owns and operates a portfolio of assets featuring some of the most recognized teams in all of sports, including the New York Knickerbockers (“Knicks”) of the National Basketball Association (“NBA”) and the New York Rangers (“Rangers”) of the National Hockey League (“NHL”). Both the Knicks and the Rangers play their home games in Madison Square Garden Arena (“The Garden”). The Company’s other professional franchises include two development league teams — the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. These professional sports franchises are collectively referred to herein as the “sports teams.” In addition, the Company owns Knicks Gaming, an esports franchise that competes in the NBA 2K League, as well as a controlling interest in Counter Logic Gaming (“CLG”), a North American esports organization. The Company also operates two professional sports team performance centers — the Madison Square Garden Training Center in Greenburgh, NY and the CLG Performance Center in Los Angeles, CA. CLG and Knicks Gaming are collectively referred to herein as the “esports teams,” and together with the sports teams, the “teams.” The Company operates and reports financial information in one segment. The Company’s decision to organize as one operating segment and report in one segment is based upon its internal organizational structure; the manner in which its operations are managed; the criteria used by the Company’s Executive Chairman, its Chief Operating Decision Maker (“CODM”), to evaluate segment performance. The Company’s CODM reviews total company operating results to assess overall performance and allocate resources. The Company was incorporated on March 4, 2015 as an indirect, wholly-owned subsidiary of MSG Networks Inc. (“MSG Networks”). All the outstanding common stock of the Company was distributed to MSG Networks shareholders (the “MSGS Distribution”) on September 30, 2015 (the “MSGS Distribution Date”). On April 17, 2020 (the “MSGE Distribution Date”), the Company distributed all of the outstanding common stock of Madison Square Garden Entertainment Corp. (“MSG Entertainment”) to its stockholders (the “MSGE Distribution”). MSG Entertainment owns, directly or indirectly, the entertainment business previously owned and operated by the Company through its MSG Entertainment business segment and the sports booking business previously owned and operated by the Company through its MSG Sports business segment. In the MSGE Distribution, (a) each holder of the Company’s Class A common stock received one share of MSG Entertainment Class A common stock, par value $0.01 per share, for every share of the Company’s Class A common stock held of record as of the close of business, New York City time, on April 13, 2020 (the “Record Date”), and (b) each holder of the Company’s Class B common stock received one share of MSG Entertainment Class B common stock, par value $0.01 per share, for every share of the Company’s Class B common stock held of record as of the close of business, New York City time, on the Record Date. Reclassifications The historical results of MSG Entertainment have been reflected in the accompanying statements of operations for the year ended June 30, 2020 as discontinued operations. See Note 3 for more information. In addition, certain reclassifications have been made in order to conform to the current period’s presentation and relate to the separation of League-related accruals, which was previously reported in Other accrued liabilities in the consolidated balance sheet as of June 30, 2021. Impact of COVID-19 During fiscal years 2020 and 2021, COVID-19 disruptions materially impacted the Company’s revenues and the Company recognized materially less revenues, or in some cases, no revenues, across a number of areas. In fiscal year 2022, the Company’s operations and operating results were also impacted by temporary declines in attendance due to ongoing reduced tourism levels as well as an increase in COVID-19 cases during certain months of the fiscal year. Fiscal Years 2020 and 2021 In March 2020, the NBA and NHL suspended their 2019-20 seasons due to COVID-19. As a result of the suspension of the 2019-20 NBA and NHL seasons and subsequent resumption of play in July and August 2020, respectively, during the first quarter of fiscal year 2021, the Company recognized certain revenues that otherwise would have been recognized during the third and fourth quarters of fiscal year 2020. In addition, the start of the 2020-21 NBA and NHL regular seasons were delayed. The Knicks and the Rangers did not start their seasons until December 16, 2020 and January 14, 2021, respectively, initially with no fans and then with fan attendance limited to 10% capacity starting on February 23 and February 26, respectively, due to government-mandated assembly restrictions. Effective May 19, 2021, event venues such as The Garden were permitted to host guests at full capacity, subject to certain restrictions, including, for example, restrictions for unvaccinated guests. As a result, the Knicks played three home playoff games with ticket sales of approximately 15,000-16,500 per game during the fiscal year ended June 30, 2021. During the 2020-2021 season, the Knicks and the Rangers each played fewer games than their traditional 82-game regular season schedules, with the NBA playing a 72-game regular season schedule and the NHL playing a 56-game regular season schedule. These disruptions materially impacted the Company’s revenues across a number of areas, including, ticket sales; the Company’s share of suite licenses; sponsorships; signage and in-venue advertising at The Garden; local media rights fees; and food, beverage and merchandise sales. In connection with the MSGE Distribution, we entered into the Arena License Agreements with MSG Entertainment. At the time of the MSGE Distribution, the Garden was not available for use due to the government-mandated suspension of events in response to COVID-19, and was only available at reduced capacity beginning in December 2020 through May 2021. As a result, the Company was not required to pay license fees to MSG Entertainment under the Arena License Agreements until games resumed at The Garden, and the Company paid substantially reduced fees while attendance was limited. Effective July 1, 2021, the Company began paying license fees to MSG Entertainment under the Arena License Agreements in their full contractual amounts. During fiscal year 2021, as a result of COVID-19, the Company implemented cost-reduction measures that included workforce reductions and limits on discretionary spending. In addition, as a result of the disruptions caused by COVID-19, certain operating expenses were reduced, including (i) payments to MSG Entertainment under the Arena License Agreements described above, (ii) NBA league assessments and day-of-game expenses for Knicks and Rangers games, and (iii) league revenue sharing, net of escrow and team personnel expense. These expense reductions did not fully offset revenue losses. Fiscal Year 2022 Starting August 17, 2021, indoor entertainment venues such as The Garden were permitted to host guests at full capacity, subject to certain restrictions, including vaccination and/or mask requirements for guests. In March 2022, New York City lifted all COVID-19 vaccination requirements pertaining to guests and professional athletes at indoor entertainment venues such as The Garden. There are no capacity restrictions or vaccination requirements applicable to fan attendance at games at The Garden as of the date of this filing. The Knicks and the Rangers each completed their full 82-game regular season schedules for the 2021-22 season in April 2022 and the Rangers competed in the playoffs in May and June 2022, playing ten home playoff games in total. Fan attendance during fiscal year 2022 was impacted by the COVID-19 pandemic, including the emergence of certain variants and ongoing reduced tourism levels.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation The Company reports on a fiscal year basis ending on June 30 th . In these consolidated financial statements, the years ended on June 30, 2022, 2021, and 2020 are referred to as “fiscal year 2022”, “fiscal year 2021”, and “fiscal year 2020”, respectively. The consolidated financial statements of the Company include the accounts of Madison Square Garden Sports Corp. and its subsidiaries. For consolidated subsidiaries where the Company’s ownership is less than 100%, the relevant amounts attributable to investors other than the Company are reflected under “Nonredeemable noncontrolling interests,” “Net income (loss) attributable to nonredeemable noncontrolling interests” and “Comprehensive income (loss) attributable to nonredeemable noncontrolling interests” on the accompanying consolidated balance sheets, consolidated statements of operations and consolidated statements of comprehensive income (loss), respectively. All significant intracompany transactions and accounts within the Company’s consolidated financial statements have been eliminated. Use of Estimates The preparation of the accompanying financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, other current assets, goodwill, intangible assets, other long-lived assets, deferred tax valuation allowance, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, revenue sharing expense (net of escrow), luxury tax expense, income tax expense, performance and share-based compensation, depreciation and amortization, litigation matters and other matters, as well as in the valuation of contingent consideration and noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the financial statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods. Revenue Recognition See Note 4 for details of accounting policies related to revenue recognition and other disclosures required under Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers . Direct Operating Expenses After the MSGE Distribution Date, Direct operating expenses include compensation expense for the Company’s professional sports teams’ players and certain other team personnel, as well as NBA luxury tax, if applicable, NBA and NHL revenue sharing (net of escrow) and league assessments for the Company, event costs related to the presentation and production of the Company’s sporting events and other operating expenses, including expenses related to the Arena License Agreements which require the Company to pay arena license fees to MSG Entertainment in exchange for the right to use The Garden for games of the Knicks and the Rangers for a 35-year term. Player Costs and Other Team Personnel Transactions, NBA Luxury Tax, NBA and NHL Escrow System/Revenue Sharing, League Assessments, and Arena License Expenses Player Costs and Other Team Personnel Transactions Costs incurred to acquire player contracts, including signing bonuses, are deferred and amortized over the applicable NBA or NHL regular season on a straight-line basis over the fixed contract period of the respective player. The NBA and NHL seasons are typically from mid-October through mid-April and October through mid-April, respectively. Annual contractual player salaries are expensed over the applicable NBA, or NHL regular season typically on a straight-line basis. In certain player contracts the annual contractual salary amounts (including any applicable signing bonuses) may fluctuate such that expensing the salary for the entire fixed contract period on a straight-line basis over each regular season more appropriately reflects the economic benefit of the services provided. In instances where a player sustains what is deemed to be a season-ending or career-ending injury, a provision is recorded, when that determination can be reasonably made, for the remainder of the player’s seasonal or contractual salary and related costs, including any associated NBA luxury tax, net of any anticipated insurance recoveries. When players are traded, waived or contracts are terminated, any remaining unamortized signing bonuses and prepaid salaries are expensed to current operations. Amounts due to these individuals are generally paid over their remaining contract terms. Team personnel contract termination costs are recognized in the period in which those events occur. See Note 6 for further discussion of significant team personnel transactions. The NBA and NHL each have collective bargaining agreements (each a “CBA”) with the respective league’s players association, to which the Company is subject. The NBA CBA expires after the 2023-24 season (although the NBA and the National Basketball Players Association (“NBPA”) each have the right (which must be exercised by December 15, 2022) to terminate the CBA following the 2022-23 season. The current NHL CBA is set to expire on September 15, 2026 (with the possibility of a one year extension in certain circumstances). The NBA CBA contains a salary floor (i.e., a floor on each team’s aggregate player salaries with a requirement that the team pay any deficiency to the players on its roster) and a “soft” salary cap (i.e., a cap on each team’s aggregate player salaries but with certain exceptions that enable teams to pay more, sometimes substantially more, than the cap). The NHL CBA provides for a salary floor (i.e., a floor on each team’s aggregate player salaries) and a “hard” salary cap (i.e., teams may not exceed a stated maximum, which has been adjusted each season thereafter based upon league-wide revenues). NBA Luxury Tax Amounts in this paragraph are in thousands, except for luxury tax rates. The NBA CBA generally provides for a luxury tax that is applicable to all teams with aggregate player salaries exceeding a threshold that is set prior to each season based upon projected league-wide revenues (as defined under the CBA). The luxury tax rates for teams with aggregate player salaries above such threshold start at $1.50 for each $1.00 of team salary above the threshold up to $5,000 and scale up to $3.25 for each $1.00 of team salary that is from $15,000 to $20,000 over the threshold, and an additional tax rate increment of $0.50 applies for each additional $5,000 (or part thereof) of team salary in excess of $20,000 over the threshold. In addition, for teams that are taxpayers in at least three of four previous seasons, the above tax rates are increased by $1.00 for each increment. Fifty percent of the aggregate luxury tax payments is a funding source for the revenue sharing plan and the remaining 50% of such payments is distributed in equal shares to non-taxpaying teams. The Company recognizes the estimated amount associated with luxury tax expense or the amount it expects to receive as a non-tax paying team, if applicable, on a straight-line basis over the NBA regular season as a component of direct operating expenses. NBA and NHL Escrow System/Revenue Sharing The NBA CBA also provides that players collectively receive a designated percentage of league-wide revenues (net of certain direct expenses) as compensation (approximately 49% to 51%), and the teams retain the remainder. The percentage of league-wide revenues paid as compensation and retained by the teams does not apply evenly across all teams and accordingly the Company may pay its players a higher or lower percentage of the Knicks’ revenues than other NBA teams. Throughout each season, NBA teams withhold 10% of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation exceeds the designated percentage of league-wide revenues, some or all of such escrowed amounts are distributed equally to all NBA teams. In the event that the league’s aggregate player compensation is below the designated percentage of league-wide revenues, the teams will remit the shortfall to the NBPA for distribution to the players. For the 2020-21 season and the remainder of the CBA, the escrow system above was eliminated and a new “Ten-and-Spread” system was put in place. Under the Ten-and-Spread system, based upon league-wide revenues, aggregate player compensation will be reduced by up to 10% of each player’s salary. If, for a particular season, compensation reductions in excess of 10% are needed, the excess will be divided by three and recouped via reductions to players’ compensation over the same season, and the subsequent two seasons. The reduction of players’ salary for any one season is capped at 20% and carried over to the subsequent season as additional compensation reductions. Each team is entitled to receive an equal one-thirtieth share of the compensation reductions up to 10% and the excess above 10% is allocated in proportion to each team’s player payroll. The NBA also has a revenue sharing plan that generally requires the distribution of a pool of funds to teams with below-average net revenues (as defined in the plan), subject to reduction or elimination based on individual team market size and profitability. The plan is funded by a combination of disproportionate contributions from teams with above-average net revenues, subject to certain profit-based limits (each as defined in the plan); 50% of aggregate league-wide luxury tax proceeds; and collective league sources, if necessary. Additional amounts may also be distributed on a discretionary basis, funded by assessments on playoff ticket revenues and through collective league sources. The NHL CBA provides that each season the players receive as player compensation 50% of that season’s league-wide revenues. Because the aggregate amount to be paid to the players is based upon league-wide revenues and not on a team-by-team basis, the Company may pay its players a higher or lower percentage of the Rangers’ revenues than other NHL teams pay of their own revenues. In order to implement the escrow system, NHL teams withhold a portion of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation for a season exceeds the designated percentage (50%) of that season’s league-wide revenues, the excess is retained by the league. Any such excess funds are distributed to all teams in equal shares. The NHL CBA limits the amount of deductions to be withheld from player salaries each year. If annual excess deductions from player salaries are insufficient to limit league-wide player salaries to 50% of that season’s league-wide revenues, any shortfall will be carried forward to future seasons and remain due from the players to the league. The NHL CBA provides for a revenue sharing plan which generally requires the distribution of a pool of funds approximating 6.055% of league-wide revenues to certain qualifying lower-revenue teams. Under the NHL CBA, the pool is funded as follows: (a) 50% from contributions by the top ten revenue earning teams (based on preseason and regular season revenues) in accordance with a formula; (b) then from payments by teams participating in the playoffs, with each team contributing 35% of its gate receipts for each home playoff game (although this provision was waived for the 2020-21 season); and (c) the remainder from centrally-generated NHL sources. The Rangers are consistently among the top ten revenue teams and, accordingly, have consistently contributed to the top ten revenue teams component of the plan. The Company recognizes the amount of its estimated revenue sharing expense associated with the preseason and regular season, net of the amount the Company expects to receive from the escrow, on a straight-line basis over the applicable NBA and NHL seasons as a component of direct operating expenses. In years when the Knicks or the Rangers participate in the playoffs, the Company recognizes its estimate of the playoff revenue sharing contribution in the periods when the playoffs occur. As of June 30, 2022 and 2021, the Company had net revenue sharing liabilities, recorded within League-related accruals, of $64,717 and $28,860, respectively. In addition, as of June 30, 2022, the Company had receivable balances related to escrow and player compensation recoveries of $12,464 and $6,782, recorded in Accounts receivable, net and Other assets, respectively. As of June 30, 2021, the Company had receivable balances related to escrow and player compensation recoveries of $36,525 and $10,700, recorded in Accounts receivable, net and Other assets, respectively. League Assessments As members of the NBA and NHL, the Knicks and the Rangers, respectively, are also subject to annual league assessments. The governing bodies of each league determine the amount of each season’s league assessments that are required from each member team. The Company recognizes its teams’ estimated league assessments on a straight-line basis over the applicable NBA or NHL season. Arena License Expenses The Knicks and the Rangers play their home games at The Garden pursuant to the Arena License Agreements with MSG Entertainment, which owns and operates The Garden. The Arena License Agreements are viewed as a continuation of an existing pre-spin relationship where the Knicks and the Rangers used The Garden through an inter-company cost-sharing arrangement. Prior to the MSGE Distribution, the Company allocated certain costs and attributed direct costs to the MSG Sports business (See Note 3). Generally, the financial statements reflect the monthly payments made for the Arena License Agreements throughout the contract year in equal installments, and straight-line rent expense recorded by each team equally over each team’s individual event days. See Note 8 for more information on the accounting for leases. Advertising Expenses Advertising costs are typically charged to expense when incurred. Total advertising costs classified in selling, general and administrative expenses were $4,840, $2,291 and $3,064 for the years ended June 30, 2022, 2021 and 2020, respectively. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes . The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and changes in estimates with regard to uncertain tax positions. Deferred tax assets are subject to an ongoing assessment of realizability. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the realization of its deductible temporary differences. If such estimates and related assumptions change in the future, the Company may be required to record valuation allowances against its deferred tax assets, resulting in additional income tax expense in the Company’s consolidated statements of operations. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense. Share-based Compensation The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the award. Share-based compensation cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award, except for restricted stock units granted to non-employee directors which, unless otherwise provided under the applicable award agreement, are fully vested, and are expensed at the grant date. The Company accounts for forfeitures as they occur. In addition, for the Company’s stock option awards, the Company applies the fair value recognition provisions of ASC Topic 718 Compensation — Stock Compensation . ASC Topic 718 requires companies to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The Company determines the fair value as of the grant date. For awards with graded vesting conditions, the values of the awards are determined by valuing all vesting tranches in the aggregate as one award using an average expected term. The Company determines its assumptions for option-pricing models in accordance with ASC Topic 718 and SEC Staff Accounting Bulletin (“SAB”) No. 107, Share-Based Payment based on the following: • The expected term of stock options is estimated using the simplified method. • The expected risk-free interest rate is based on the U.S. Treasury interest rate where the term is consistent with the expected term of the stock options. • The expected volatility is based on the historical volatility of the Company’s stock price. In December 2007, the SEC staff issued SAB No. 110, Certain Assumptions Used In Valuation Methods — Expected Term . SAB No. 110 allows companies to continue to use the simplified method, as defined in SAB No. 107, to estimate the expected term of stock options under certain circumstances. The simplified method for estimating expected term uses the mid-point between the vesting term and the contractual term of the stock option. The Company has analyzed the circumstances in which the use of the simplified method is allowed. The Company has opted to use the simplified method for stock options the Company granted in fiscal year 2019 because management believes that the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. Earnings (Loss) Per Common Share Basic earnings (loss) per common share (“EPS”) attributable to the Company’s common stockholders is based upon net income (loss) attributable to the Company’s common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the effect of the assumed vesting of restricted stock units and exercise of stock options (see Note 15) only in the periods in which such effect would have been dilutive. For the periods when a net loss is reported, the computation of diluted EPS equals the basic EPS calculation since common stock equivalents were antidilutive due to losses from continuing operations. Holders of Class A Common Stock and Class B Common Stock are entitled to receive dividends equally on a per-share basis if and when such dividends are declared. As the holders of Class A and Class B common stock are entitled to identical dividend and liquidation rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net earnings (loss) per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis. Cash and Cash Equivalents The Company considers the balance of its investment in funds that substantially hold highly liquid securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or is at fair value. Checks outstanding in excess of related book balances are included in accounts payable in the accompanying consolidated balance sheets. The Company presents the change in these book cash overdrafts as cash flows from operating activities. Restricted Cash The Company’s restricted cash includes cash deposited in escrow accounts and, prior to the December 2021 credit facility amendments described below, cash required to be held under the Company’s revolving credit facilities. Cash is required to be withheld from player salaries and deposited in an escrow account which is in the name of the Company pursuant to the NHL CBA. That escrow account will be distributed to the players and NHL teams based on the provisions of the NHL CBA. See Note 13 for more information related to the Company’s revolving credit facilities. The carrying amount of restricted cash approximates fair value due to the short-term maturity of these instruments. Changes in restricted cash are reflected on the accompanying consolidated statement of cash flows in accordance with ASU No. 2016-18, Statement of Cash Flows (Topic 230) , which is included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Company’s consolidated statements of cash flows. Accounts Receivable Accounts receivable are recorded net of the allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts to reserve for expected credit losses. The allowance for doubtful accounts is estimated based on the Company’s analysis of receivables aging, historical experience, as well as current and expected economic conditions and industry trends. The Company had no allowance for doubtful accounts as of June 30, 2022 and 2021. Long-Lived and Indefinite-Lived Assets The Company’s long-lived and indefinite-lived assets consist of property and equipment, right-of-use (“ROU”) assets, goodwill, indefinite-lived intangible assets and amortizable intangible assets. Property and equipment is stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to leasehold improvements, amortized over the shorter of the lease term or the asset’s estimated useful life. The useful lives of the Company’s long-lived assets are based on estimates of the period over which the Company expects the assets to be of economic benefit to the Company. In estimating the useful lives, the Company considers factors such as, but not limited to, risk of obsolescence, anticipated use, plans of the Company, and applicable laws and permit requirements. Identifiable intangible assets with finite useful lives are amortized on a straight-line basis over their respective estimated useful lives. Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized. Impairment of Long-Lived and Indefinite-Lived Assets In assessing the recoverability of the Company’s long-lived and indefinite-lived assets, the Company must make estimates and assumptions regarding future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized as well as the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve significant uncertainties and judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. If these estimates or material related assumptions change in the future, the Company may be required to record impairment charges related to its long-lived and/or indefinite-lived assets. Goodwill is tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. If the Company can support the conclusion that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company would not need to perform a quantitative impairment test for that reporting unit. If the Company cannot support such a conclusion or the Company does not elect to perform the qualitative assessment, the first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The Company generally determines the fair value of a reporting unit using an income approach, such as the discounted cash flow method, in instances when it does not perform the qualitative assessment of goodwill. Subsequent to the adoption of ASU No. 2017-04 in the third quarter of fiscal year 2020, the amount of an impairment loss is measured as the amount by which a reporting unit’s carrying value exceeds its fair value determined in step one, not to exceed the carrying amount of goodwill. Prior to the adoption of ASU No. 2017-04, if the carrying amount of a reporting unit exceeded its fair value, the second step of the goodwill impairment test was performed to measure the amount of impairment loss, if any. The second step of the goodwill impairment test compared the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeded the implied fair value of that goodwill, an impairment loss was recognized in an amount equal to that excess. The implied fair value of goodwill was determined in the same manner as the amount of goodwill that would be recognized in a business combination. The Company performs its goodwill impairment test at the reporting unit level, which is the same as or one level below the operating segment level. Subsequent to the MSGE Distribution Date, the Company has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes. Identifiable indefinite-lived intangible assets are tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or substantive changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. In the qualitative assessment, the Company must evaluate the totality of qualitative factors, including any recent fair value measurements, that impact whether an indefinite-lived intangible asset other than goodwill has a carrying amount that more likely than not exceeds its fair value. The Company must proceed to conducting a quantitative analysis if the Company (i) determines that such an impairment is more likely than not to exist, or (ii) foregoes the qualitative assessment entirely. Under the quantitative assessment, the impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, then an impairment loss is recognized in an amount equal to that excess. The Company generally determines the fair value of an indefinite-lived intangible asset using an income approach, such as the relief from royalty method, in instances when it does not perform the qualitative assessment of the intangible asset. For other long-lived assets, including right-of-use lease assets and intangible assets that are amortized, the Company evaluates assets for recoverability when there is an indication of potential impairment. If the undiscounted cash flows from a group of assets being evaluated is less than the carrying value of that group of assets, the fair value of the asset group is determined and the carrying value of the asset group is written down to fair value. The Company generally determines the fair value of a finite-lived intangible asset using an income approach, such as the discounted cash flow method. Investments in Equity Securities The Company has equity investments with and without readily determinable fair values. The Company measures equity investments without readily determinable fair values at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Changes in observable price are reflected within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. For equity investments with readily determinable fair values, changes in the fair value of those investments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The Company recognizes the value of the equity investments within Other assets in the accompanying consolidated balance sheets. Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. Defined Benefit Pension Plans and Postretirement Benefit Plans As more fully described in Note 14, prior to the MSGE Distribution the Company had both funded and unfunded defined benefit plans, as well as a contributory postretirement benefit plan, covering certain full-time employees and retirees. Currently, the Company has unfunded defined benefit plans. The expense recognized by the Company is determined using certain assumptions, including discount rates, among others, and prior to the MSGE Distribution, the expected long-term rate of return. The Company recognizes the benefit obligation of its defined benefit pension plans (other than multiemployer plans) as a liability in the consolidated balance sheets and recognizes changes in the benefit obligation in the year in which the changes occur through other comprehensive income (loss). Fair Value Measurements The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I — Quoted prices for identical instruments in active markets. • Level II — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III — Instruments whose significant value drivers are unobservable. Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This ASU eliminates certain exceptions to the general approach in ASC Topic 740 and includes methods of simplification to the existing guidance. The Company adopted this standard as of the beginning of fiscal year 2022, and the adoption did not have a material impact on its consolidated financial statements.

Discontinued Operations

Discontinued Operations	12 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	Discontinued Operations In accordance with ASC 205-20, the Company analyzed the quantitative and qualitative factors relevant to the MSGE Distribution and determined that those held for sale conditions for discontinued operations presentation were met during the fourth quarter of fiscal year 2020. As a result of the MSGE Distribution, the results of the entertainment business previously owned and operated by the Company through its MSG Entertainment business segment and the sports booking business previously owned and operated by the Company through its MSG Sports business segment through the MSGE Distribution Date, as well as transaction costs related to the MSGE Distribution, have been classified in the accompanying consolidated financial statements as discontinued operations for all periods presented. No gain or loss was recognized in connection with the MSGE Distribution. After the MSGE Distribution, the Company and MSG Entertainment have continuing involvement through their common ownership and related party arrangements, including sharing of certain revenues and expenses. See Note 17 for additional information on the related party arrangements. Prior to the MSGE Distribution, the Company’s results from discontinued operations reflect a number of inter-company arrangements that dictate the allocable amounts of shared revenue and operating expenses. The Company’s continuing revenues include event related revenues for ticket sales and a portion of shared suite license fees generated in connection with the games played at The Garden. Pursuant to the Arena License Agreements, effective as of the MSGE Distribution Date, the Company’s aggregate share of the suite license fees is 67.5%. Thus, for the period prior to the MSGE Distribution, the allocated percentage of suite license fees of 32.5% is reported within results of discontinued operations. In addition, the Company’s multi-year sponsorship agreements may include performance obligations of the Company’s continuing and discontinued operations (see Note 4). Sponsorship revenues reported within discontinued operations are based on the relative value of performance obligations wholly satisfied by the MSG Entertainment businesses. Sponsorship agreements also include shared performance obligations that are from indoor venue signage and other shared sponsorship performance obligations. For historically allocated shared signage and other shared sponsorship revenue, the Company calculated MSG Entertainment’s share to be presented within discontinued operations based on a combined revenue driver. The Company’s continuing expenses include event costs related to the presentation and production of the Company’s sporting events and other operating expenses, including expenses related to the Arena License Agreements which require the Company to pay arena license fees to MSG Entertainment in exchange for the right to use The Garden for games of the Knicks and the Rangers. Expenses related to the direct operations of MSG Entertainment, such as The Garden operating expenses related to the presentation and production of events and non-event related costs of operating the venue, are included in discontinued operations on the basis of an allocation of the direct usage of The Garden by the Company’s continuing and discontinued businesses. Unallocated costs of operational support functions that were provided on a centralized basis and not historically recorded at the business unit level by the Company, are also included in discontinued operations, based on a measure of direct usage. Direct usage was determined based on event specific variable expenses for MSG Entertainment events and otherwise on the basis of the proportion of combined revenues, headcount or other objective measures for expenses. Indirect corporate and administrative costs, including amounts that were historically allocated to the MSG Entertainment business segment, do not qualify for discontinued operations presentation, and these costs are included in continuing operations for the period prior to the MSGE Distribution. Various types of indirect corporate and administrative expenses that continue after the MSGE Distribution Date and are covered under the services agreement with MSG Entertainment, are included in continuing operations for the period after the MSGE Distribution. In addition, results from continuing operations, prior to the MSGE Distribution Date, include certain corporate overhead expenses that the Company did not incur in the periods after the completion of the MSGE Distribution, and the Company does not expect to incur such expenses in future periods. Discontinued operations include all depreciation expense for MSG Entertainment’s venues and other operating assets. Depreciation expense on certain corporate property and equipment that was transferred to MSG Entertainment in connection with the MSGE Distribution, remained in continuing operations as it did not qualify for discontinued operations reporting. The table below sets forth, for the fiscal year ended June 30, 2020, operating results of discontinued operations. Amounts presented below differ from historically reported results for the MSG Entertainment business segment due to reclassifications and adjustments made for purposes of discontinued operations. Year Ended June 30, 2020 Revenues $ 669,096 Direct operating expenses 408,413 Selling, general and administrative expenses 206,524 Depreciation and amortization 75,822 Impairment of intangibles, long-lived assets and goodwill 102,211 Operating loss (123,874) Other income (expense): Loss in equity method investments (3,901) Interest income 16,754 Interest expense (3,570) Miscellaneous expense, net (3,863) Loss from discontinued operations before income taxes (118,454) Income tax benefit 28,232 Net loss from discontinued operations (90,222) Less: Net loss attributable to redeemable noncontrolling interests (24,013) Less: Net loss attributable to nonredeemable noncontrolling interests (120) Net loss from discontinued operations attributable to Madison Square Garden Sports Corp.’s stockholders $ (66,089) The amount of cash and restricted cash distributed as of the MSGE Distribution Date to MSG Entertainment was $816,896 and $10,180, respectively. As permitted under ASU 2014-08, the Company has elected not to adjust the consolidated statement of cash flows for the fiscal year ended June 30, 2020 to exclude cash flows attributable to discontinued operations. The table below sets forth, for the fiscal year ended June 30, 2020, significant selected financial information related to MSG Entertainment included in the accompanied consolidated statements of cash flows: Year Ended June 30, 2020 Non-cash items included in net loss: Depreciation and amortization $ 75,822 Impairment of intangibles, long-lived assets and goodwill 102,211 Share-based compensation expense 8,303 Cash flows from investing activities: Capital expenditures $ 346,488 Non-cash investing activities: Non-cash acquisition of additional redeemable noncontrolling interests $ 37,715 Capital expenditures incurred but not yet paid 104,137

Revenue Recognition

Revenue Recognition	12 Months Ended
	Jun. 30, 2022
Revenue Recognition [Abstract]
Revenue Recognition	Revenue Recognition Contracts with Customers All revenue recognized in the consolidated statements of operations is considered to be revenue from contracts with customers in accordance with ASC Topic 606. For the year ended June 30, 2022, the Company did not have any impairment losses on receivables or contract assets arising from contracts with customers. The Company recognizes revenue when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of promised goods or services are transferred to customers. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and the determination of whether to include such estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. The Company accounts for taxes collected from customers and remitted to governmental authorities on a net basis and excludes these amounts from revenues. In addition, the Company defers certain costs to fulfill the Company’s contracts with customers to the extent such costs relate directly to the contracts, are expected to generate resources that will be used to satisfy the Company’s performance obligations under the contracts, and are expected to be recovered through revenue generated under the contracts. Contract fulfillment costs are expensed as the Company satisfies the related performance obligations. Arrangements with Multiple Performance Obligations The Company has contracts with customers, including multi-year sponsorship agreements, that contain multiple performance obligations. Payment terms for such arrangements can vary by contract, but payments are generally due in installments throughout the contractual term. The performance obligations included in each sponsorship agreement vary and may include various advertising benefits such as, but not limited to, signage, digital advertising, event or property specific advertising, as well as non-advertising benefits such as suite licenses and event tickets. To the extent the Company’s multi-year arrangements provide for performance obligations that are consistent over the multi-year contractual term, such performance obligations generally meet the definition of a series as provided for under the accounting guidance. If performance obligations meet the definition of a series, the contractual fees for all years during the contract term are aggregated and the related revenue is recognized proportionately as the underlying performance obligations are satisfied. The timing of revenue recognition for each performance obligation is dependent upon the facts and circumstances surrounding the Company’s satisfaction of its respective performance obligation. The Company allocates the transaction price for such arrangements to each performance obligation within the arrangement based on the estimated relative standalone selling price of the performance obligation. The Company’s process for determining its estimated standalone selling prices involves management’s judgment and considers multiple factors including company specific and market specific factors that may vary depending upon the unique facts and circumstances related to each performance obligation. Key factors considered by the Company in developing an estimated standalone selling price for its performance obligations include, but are not limited to, prices charged for similar performance obligations, the Company’s ongoing pricing strategy and policies, and consideration of pricing of similar performance obligations sold in other arrangements with multiple performance obligations. The Company may incur costs such as commissions to obtain its multi-year sponsorship agreements. The Company assesses such costs for capitalization on a contract by contract basis. To the extent costs are capitalized, the Company estimates the useful life of the related contract asset which may be the underlying contract term or the estimated customer life depending on the facts and circumstances surrounding the contract. The contract asset is amortized over the estimated useful life. Principal versus Agent Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service before transfer to the customer. When the Company concludes that it controls the good or service before transfer to the customer, the Company is considered a principal in the transaction and records revenue on a gross basis. When the Company concludes that it does not control the good or service before transfer to the customer but arranges for another entity to provide the good or service, the Company acts as an agent and records revenue on a net basis in the amount it earns for its agency service. The Company’s revenue recognition policies that summarize the nature, amount, timing and uncertainty associated with each of the Company’s revenue sources are discussed further below. The Company’s professional sports teams derive event-related revenues principally from ticket sales which are recognized as the related games occur. The Company’s revenues also include revenue from the license of The Garden’s suites. Suite license arrangements are generally multi-year fixed fee arrangements that include annual fee increases. Payment terms for suite license arrangements can vary by contract, but payments are generally due in installments prior to each license year. The Company’s performance obligation under such arrangements is to provide the licensee with access to the suite when events occur at The Garden. Because suite and club licenses cover both the Knicks and the Rangers games and events that MSG Entertainment presents at The Garden, suite and club rental revenue is shared between us and MSG Entertainment under Arena License Agreements the Company entered into in connection with the MSGE Distribution. Pursuant to the Arena Licenses Agreements, the Knicks and the Rangers are entitled to 35% and 32.5%, respectively, of the revenues received by MSG Entertainment in connection with suite and club licenses. The Company accounts for the performance obligation under these types of arrangements as a series and, as a result, the related suite license fees for all years during the license term are aggregated and revenue is recognized proportionately over the license period as the Company satisfies the related performance obligation. Progress toward satisfaction of the Company’s suite license performance obligations is measured as access to the suite is provided to the licensee throughout the contractual term of the license. For the year ended June 30, 2020, due to the NBA and NHL suspending their season on March 11, and 12, 2020, respectively, suite license holders did not have access to their suites and therefore revenue recognition ceased at that time. For the year ended June 30, 2021, access to suites for Knicks and Rangers games was primarily sold by way of individual tickets, thus minimal suite license revenue was recognized. Event-related revenue also includes food, beverage and merchandise sales which are recognized at the point goods are provided to customers. Payment is received at the point of sale and sales tax collected from customers is excluded from revenue. Subsequent to the MSGE Distribution Date, pursuant to the Arena License Agreements, the Knicks and the Rangers receive 50% of net profits from the sales of food and beverages during their games at The Garden. In addition to event-related revenue, MSG Sports maintains local media rights arrangements which provide for the licensing of team-related programming to MSG Networks. MSG Sports, pursuant to the terms of the agreements, receives such rights fees in equal monthly installments throughout each license year. The transaction price under these arrangements is variable in nature as certain credit provisions exist to the extent that the teams’ games are unavailable for broadcast during an individual league season. The Company estimates the transaction price at the beginning of each fiscal year, which coincides with the annual contractual term. In estimating the transaction price, the Company considers the contractually agreed upon license fees as well as qualitative considerations with respect to the number of games expected to be available for broadcast by MSG Networks over the upcoming year. The resulting transaction price is allocated entirely to the rights provided for the related contract year and revenue is recognized using an output measure of progress toward satisfaction of the Company’s performance obligations within the contract year, as the underlying benefits are conveyed to the licensee. The Company’s professional sports teams also derive revenue from the distribution of league-wide national and international television contracts and other league-wide revenue sources. The transaction price for each of these revenues is based upon the expected distribution values as communicated by the applicable league. The timing of revenue recognition is dependent on the nature of the underlying performance obligation, which is generally over time. Receipt of league-wide revenues generally occurs at the time of communication or according to a specified timeline. After suspending the 2019-20 seasons in March 2020 due to COVID-19, the NHL and NBA subsequently restarted their seasons, which were completed in September and October 2020, respectively. As a result, revenue for the year ended June 30, 2021 includes revenue for league distributions that otherwise would have been recognized during the third and fourth quarters of fiscal year 2020. MSG Sports also earns revenues from the sale of advertising in the form of sponsorships and signage, which are not related to any specific event. The Company’s performance obligations with respect to this advertising are satisfied as the related benefits are delivered over the term of the respective agreements. Amounts collected in advance of the Company’s satisfaction of its contractual performance obligations are recorded as a contract liability within deferred revenue and are recognized as the Company satisfies the related performance obligations. The following table disaggregates the Company’s revenues by type of goods or services in accordance with the disclosure requirements per FASB ASC Subtopic 280-10-50-38 to 40 and the disaggregation of revenue required disclosures in accordance with ASC Subtopic 606-10-50-5 for the years ended June 30, 2022, 2021 and 2020: Years Ended June 30, 2022 2021 2020 Event-related (a) $ 331,807 $ 28,511 $ 235,605 Media rights (b) 275,637 285,059 190,824 Sponsorship, signage and suite licenses 172,813 52,931 139,414 League distributions and other 41,097 49,220 37,476 Total revenues from contracts with customers $ 821,354 $ 415,721 $ 603,319 _________________ (a) Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden. (b) Consists of (i) local media rights fees from MSG Networks, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees. Contract Balances The timing of revenue recognition, billings and cash collections results in billed receivables, contract assets and contract liabilities on the consolidated balance sheets. The following table provides information about contract balances from the Company’s contracts with customers as of June 30, 2022, 2021 and 2020. June 30, June 30, June 30, 2022 2021 2020 Receivables from contracts with customers, net (a) $ 24,729 $ 30,834 $ 8,035 Contract assets, current (b) 13,839 9,604 4,112 Deferred revenue, including non-current portion (c) (d) 163,491 162,628 128,362 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of June 30, 2022, 2021 and 2020 the Company’s receivables from contracts with customers above included $1,258, $213 and $632, respectively, related to various related parties. See Note 17 for further details on these related party arrangements. Receivables from contracts with customers, net, excludes amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow and luxury tax payments. (b) Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue, including non-current portion primarily relates to the Company’s receipt of consideration from customers or billing customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. The non-current portion of deferred revenue primarily consists of a $30,000 receipt from the NBA in December 2020 of league distributions in advance of the Company’s recognition. The Company’s deferred revenue with MSG Networks was $0, $260 and $0 as of June 30, 2022, 2021 and 2020, respectively. (d) Revenue recognized for the year ended June 30, 2022 relating to the deferred revenue balance as of July 1, 2021 was $121,271. Revenue recognized for the year ended June 30, 2021 relating to the deferred revenue balance as of July 1, 2020 was $58,611. Transaction Price Allocated to the Remaining Performance Obligations The following table depicts the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2022. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks, league-wide national and international television contracts, and certain other arrangements with variable consideration. Fiscal year ending June 30, 2023 $ 118,819 Fiscal year ending June 30, 2024 95,647 Fiscal year ending June 30, 2025 60,686 Fiscal year ending June 30, 2026 42,069 Fiscal year ending June 30, 2027 18,546 Thereafter 23,057 $ 358,824

Computation of Earnings (Loss)

Computation of Earnings (Loss) per Common Share	12 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Computation of Earnings (Loss) per Common Share	Computation of Earnings (Loss) per Common Share The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings (loss) per common share attributable to the Company’s stockholders (“EPS”) and the number of shares excluded from diluted earnings (loss) per common share, as they were anti-dilutive. Years Ended June 30, 2022 2021 2020 Weighted-average shares (denominator): Weighted-average shares for basic EPS 24,246 24,129 23,942 Dilutive effect of shares issuable under share-based compensation plans 159 — — Weighted-average shares for diluted EPS 24,405 24,129 23,942 Weighted-average shares excluded from diluted earnings (loss) per share — 315 583

Team Personnel Transactions

Team Personnel Transactions	12 Months Ended
	Jun. 30, 2022
Team Personnel Transactions [Abstract]
Team Personnel Transactions	Team Personnel TransactionsDirect operating and selling, general and administrative expenses in the accompanying consolidated statements of operations include net provisions for transactions relating to the Company’s sports teams for (i) waivers/contract termination costs, (ii) player trades and (iii) season-ending injuries (“Team Personnel Transactions”). Team Personnel Transactions amounted to $737, $44,242 and $33,690 for the years ended June 30, 2022, 2021 and 2020, respectively.

Cash, Cash Equivalent and Restr

Cash, Cash Equivalent and Restricted Cash	12 Months Ended
	Jun. 30, 2022
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	Cash, Cash Equivalent and Restricted Cash The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of June 30, June 30, June 30, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 91,018 $ 64,902 $ 77,852 $ 4,317 Restricted cash (a) — 7,134 12,821 21,519 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 91,018 $ 72,036 $ 90,673 $ 25,836 _________________ (a) See Note 2 for more information regarding the nature of restricted cash.

Leases

Leases	12 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Leases	Leases The Company’s leases primarily consist of the lease of the Company’s corporate offices under the Sublease Agreement with MSG Entertainment (the “Sublease Agreement”) for the Company’s principal executive offices at Two Pennsylvania Plaza in New York and the lease of CLG Performance Center. In addition, the Company accounts for the rights of use of The Garden pursuant to the Arena License Agreements as leases under the ASC Topic 842, Leases . The Company determines whether an arrangement contains a lease at the inception of the arrangement. If a lease is determined to exist, the lease term is assessed based on the date when the underlying asset is made available for the Company’s use by the lessor. The Company’s assessment of the lease term reflects the non-cancelable term of the lease, inclusive of any rent-free periods and/or periods covered by early-termination options which the Company is reasonably certain not to exercise, as well as periods covered by renewal options which the Company is reasonably certain of exercising. The Company also determines lease classification as either operating or finance at lease commencement, which governs the pattern of expense recognition and the presentation reflected in the consolidated statements of operations over the lease term. For leases with a term exceeding 12 months, a lease liability is recorded on the Company’s consolidated balance sheet at lease commencement reflecting the present value of the fixed minimum payment obligations over the lease term. A corresponding ROU asset equal to the initial lease liability is also recorded, adjusted for any prepaid rent and/or initial direct costs incurred in connection with execution of the lease and reduced by any lease incentives received. The Company includes fixed payment obligations related to non-lease components in the measurement of ROU assets and lease liabilities, as the Company has elected to account for lease and non-lease components together as a single lease component. ROU assets associated with finance leases are presented separate from operating lease ROU assets and are included within Property and equipment, net on the Company’s consolidated balance sheets. For purposes of measuring the present value of the Company’s fixed payment obligations for a given lease, the Company uses its incremental borrowing rate, determined based on information available at lease commencement, as rates implicit in the underlying leasing arrangements are typically not readily determinable. The Company’s incremental borrowing rate reflects the rate it would pay to borrow on a secured basis and incorporates the term and economic environment surrounding the associated lease. For operating leases, fixed lease payments are recognized as lease expense on a straight-line basis over the lease term. For finance leases, the initial ROU asset is depreciated on a straight-line basis over the lease term, along with recognition of interest expense associated with accretion of the lease liability, which is ultimately reduced by the related fixed payments. For leases with a term of 12 months or less (“short-term leases”), any fixed lease payments are recognized on a straight-line basis over the lease term and are not recognized on the consolidated balance sheet. Variable lease costs for both operating and finance leases, if any, are recognized as incurred and such costs are excluded from lease balances recorded on the consolidated balance sheet. On April 17, 2020, in connection with the MSGE Distribution, the Company entered into a sublease agreement with MSG Entertainment for the Company’s principal executive offices at Two Pennsylvania Plaza in New York. The sublease right of use assets and liabilities are recorded on the balance sheet at lease commencement based on the present value of minimum base rent and other fixed payments over the reasonably certain lease term. In November 2021, MSG Entertainment entered into a new lease for principal executive offices at Two Pennsylvania Plaza in New York (the “New MSGE Lease Agreement”). In accordance with the terms of the Sublease Agreement and the New MSGE Lease Agreement, the lease term of the Sublease Agreement was extended until October 31, 2024. The Company has accounted for this extension as a lease remeasurement and remeasured the right-of-use asset and operating lease liability utilizing the Company’s incremental borrowing rate as of the date of remeasurement. As a result of the remeasurement, non-cash additions to the right-of-use asset and operating lease liability of $1,244 were recorded during the fiscal year ended June 30, 2022. In accordance with the terms of the Sublease Agreement, the Company has committed to enter into a new sublease agreement with MSG Entertainment for a lease term equivalent to the New MSGE Lease Agreement term, which ends January 31, 2046. In addition, in connection with the New MSGE Lease Agreement, the Company has entered into a commitment whereby if the New MSGE Lease Agreement were terminated under certain circumstances, the Company would be required to enter into a new lease for executive offices in Two Pennsylvania Plaza directly with the landlord, with a consistent lease term through January 31, 2046. As the Company has not yet entered into a new sublease for or taken possession of the new executive office space at Two Pennsylvania Plaza, no additional right-of-use assets or operating lease liabilities have been recorded as of June 30, 2022 related to the commitments discussed above. In addition, in connection with the MSGE Distribution we entered into long term leases with MSG Entertainment through June 30, 2055 and allow the Knicks and the Rangers to play their home games at The Garden. The Arena License Agreements provide for fixed payments to be made from inception through June 30, 2055 in 12 equal installments during each year of the contractual term. The contracted license fee for the first full contract year ended June 30, 2021 was approximately $22,500 for the Knicks and approximately $16,700 for the Rangers, and then for each subsequent year, the license fees are 103% of the license fees for the immediately preceding contract year. At the time of the MSGE Distribution, the Garden was not available for use due to the government-mandated suspension of events in response to COVID-19. As a result, the Company was not required to pay license fees to MSG Entertainment under the Arena License Agreements until games resumed at The Garden. On December 16, 2020 and January 14, 2021, respectively, the Knicks and the Rangers resumed playing their homes games at The Garden as part of their 2020-21 seasons. However, fans were initially prohibited from attending games due to government-mandated assembly restrictions. Effective February 23, 2021, New York venues with at least a 10,000-person capacity were permitted to operate at 10% capacity, and the Knicks and the Rangers began playing games at The Garden with a limited number of fans in attendance on February 23 and 26, 2021, respectively. When games were played at The Garden by the Knicks and the Rangers either without fans in attendance or with limited fans in attendance due to government mandated capacity constraints, the applicable license fees to MSG Entertainment under the Arena License Agreements were substantially reduced. Effective May 19, 2021, event venues such as The Garden were permitted to host guests at full capacity, subject to certain restrictions, including, for example, restrictions for unvaccinated guests. As a result, the Knicks played three home playoff games with ticket sales of approximately 15,000-16,500 per game during the fiscal year ended June 30, 2021. As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments to MSG Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs. Costs associated with such payments were considered variable lease costs for the year ended June 30, 2021. Effective July 1, 2021, the Company began paying license fees to MSG Entertainment under the Arena License Agreements in their full contractual amounts. The Knicks and the Rangers are entitled to use The Garden on home game days, which are usually nonconsecutive, for a pre-defined period of time from before and after the game. In evaluating the Company’s lease cost, the Company considered the timing of payments throughout the lease terms and the nonconsecutive periods of use, provided for within each license. While payments are made throughout the contract year in twelve equal installments under each arrangement, the periods of use only span each of the individual team event days. As such, the Company concluded that the related straight-line operating lease costs should be recorded by each team equally over each team’s individual event days. As of June 30, 2022, the Company’s existing operating leases, which are recorded in the accompanying consolidated financial statements, have remaining lease terms ranging from 2 months to 33 years. In certain instances, leases include options to renew, with varying option terms. The exercise of lease renewal, if available under the lease options, is generally at the Company’s discretion and is considered in the Company’s assessment of the respective lease term. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The following table summarizes the ROU assets and lease liabilities recorded on the Company’s consolidated balance sheet as of June 30, 2022 and 2021: Line Item in the Company’s Consolidated Balance Sheet June 30, 2022 June 30, 2021 Right-of-use assets: Operating leases Right-of-use lease assets $ 686,782 $ 703,521 Lease liabilities: Operating leases, current (a) Operating lease liabilities, current 43,699 41,951 Operating leases, noncurrent (a) Operating lease liabilities, noncurrent 699,587 691,152 Total lease liabilities $ 743,286 $ 733,103 —————— (a) As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment. As of June 30, 2021, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $41,541 and $690,792, respectively, that are payable to MSG Entertainment. The following table summarizes the activity recorded within the Company’s consolidated statement of operations for the years ended June 30, 2022, 2021, and 2020: Years Ended June 30, Line Item in the Company’s Consolidated Statement of Operations 2022 2021 2020 Operating lease cost Direct operating expenses $ 68,311 $ 35,801 $ 341 Operating lease cost Selling, general and administrative expenses 2,450 2,444 593 Short-term lease cost Direct operating expenses 161 122 138 Variable lease cost (a) Direct operating expenses — 1,209 — Total lease cost $ 70,922 $ 39,576 $ 1,072 —————— (a) As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments to MSG Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs. Supplemental Information For the years ended June 30, 2022 and 2021, cash paid for amounts included in the measurement of lease liabilities was $43,846 and $10,016, respectively. The weighted average remaining lease term for operating leases recorded on the accompanying consolidated balance sheet as of June 30, 2022 and 2021 was 32.7 years and 33.7 years, respectively. The weighted average discount rate was 7.13% as of June 30, 2022 and 2021, and represented the Company’s estimated incremental borrowing rate, assuming a secured borrowing, based on the remaining lease term at the time of either (i) adoption of the standard or (ii) the period in which the lease term expectation commenced or was modified. Maturities of operating lease liabilities as of June 30, 2022 are as follows: Fiscal year ending June 30, 2023 $ 45,341 Fiscal year ending June 30, 2024 45,361 Fiscal year ending June 30, 2025 44,900 Fiscal year ending June 30, 2026 45,374 Fiscal year ending June 30, 2027 46,735 Thereafter 2,066,577 Total lease payments 2,294,288 Less imputed interest (1,551,002) Total lease liabilities $ 743,286

Property and Equipment

Property and Equipment	12 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment As of June 30, 2022 and 2021, property and equipment consisted of the following assets: June 30, June 30, Estimated Useful Lives Land $ 5,153 $ 5,153 Buildings 51,444 53,822 Up to 45 years Equipment 21,042 18,239 1 year to 20 years Furniture and fixtures 786 291 4 years to 10 years Leasehold improvements 1,072 653 Shorter of term of lease or life of improvement Construction in progress 189 231 79,686 78,389 Less accumulated depreciation and amortization (46,794) (42,673) $ 32,892 $ 35,716 Depreciation and amortization expense on property and equipment for continuing operations was $3,982, $4,515 and $13,979 for the years ended June 30, 2022, 2021 and 2020, respectively, which, prior to the MSGE Distribution, includes depreciation expense on certain corporate property and equipment that was transferred to MSG Entertainment in connection with the MSGE Distribution, but which did not qualify for discontinued operations reporting.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Intangible Assets	Goodwill and Intangible Assets During the first quarter of fiscal year 2022, the Company performed its annual impairment test of goodwill and determined that there were no impairments of goodwill identified as of the impairment test date. The Company’s goodwill is $226,955 and $226,955 as of June 30, 2022 and 2021, respectively. The Company’s indefinite-lived intangible assets as of June 30, 2022 and 2021 are as follows: June 30, June 30, Sports franchises $ 111,064 $ 111,064 Photographic related rights 1,080 1,080 $ 112,144 $ 112,144 During the first quarter of fiscal year 2022, the Company performed its annual impairment test of identifiable indefinite-lived intangible assets and determined that there were no impairments identified. The Company’s intangible assets subject to amortization are as follows: June 30, 2022 Estimated Useful Lives Gross Accumulated Net Trade names 5 years $ 2,300 $ (2,262) $ 38 Non-compete agreements 5 years 2,400 (2,360) 40 Other intangibles 3 years to 9.75 years 1,200 (642) 558 $ 5,900 $ (5,264) $ 636 June 30, 2021 Gross Accumulated Net Trade names $ 2,300 $ (1,802) $ 498 Non-compete agreements 2,400 (1,880) 520 Other intangibles 1,200 (523) 677 $ 5,900 $ (4,205) $ 1,695 Amortization expense for intangible assets was $1,059 , $1,059, and $3,561 for the years ended June 30, 2022, 2021 and 2020, respectively. The Company expects its aggregate annual amortization expense for existing intangible assets subject to amortization for each fiscal year from 2023 through 2027 to be as follows: Fiscal year ending June 30, 2023 $ 195 Fiscal year ending June 30, 2024 115 Fiscal year ending June 30, 2025 115 Fiscal year ending June 30, 2026 115 Fiscal year ending June 30, 2027 96

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table presents the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents: Fair Value Hierarchy June 30, 2022 2021 Assets: Money market accounts I $ 26,018 $ 33,820 Time deposit I 56,082 5,000 Equity investments I 2,736 — Total assets measured at fair value $ 84,836 $ 38,820 Assets listed above are classified within Level I of the fair value hierarchy as they are valued using observable inputs that reflect quoted prices for identical assets in active markets. The carrying amount of the Company’s money market accounts and time deposit approximates fair value due to their short-term maturities. The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: June 30, 2022 June 30, 2021 Carrying Fair Carrying Fair Liabilities Debt, current (a) $ 30,000 $ 30,000 $ 30,000 $ 30,000 Long-term debt (b) $ 220,000 $ 220,000 $ 355,000 $ 355,000 _________________ (a) The Company’s debt, current is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. The fair value of the Company’s debt, current is the same as its carrying amount as the advance bears interest at a variable rate indexed to current market conditions. See Note 13 for further details.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contractual Obligations and Off Balance Sheet Arrangements The Company has certain future cash payments required under contracts entered into by the Company in the normal course of business. As of June 30, 2022, future cash payments required under contracts entered into by the Company in the normal course of business in excess of one year are as follows: Off-Balance Sheet Commitments (a) Contractual (b) Total (c) Fiscal year ending June 30, 2023 $ 176,289 $ 83,158 $ 259,447 Fiscal year ending June 30, 2024 170,004 11,924 181,928 Fiscal year ending June 30, 2025 116,444 5,361 121,805 Fiscal year ending June 30, 2026 52,663 2,671 55,334 Fiscal year ending June 30, 2027 23,529 1,978 25,507 Thereafter 38,396 6,760 45,156 $ 577,325 $ 111,852 $ 689,177 _________________ (a) Consist principally of the Company’s obligations under employment agreements that the Company has with its professional sports teams’ personnel that are generally guaranteed regardless of employee injury or termination. (b) Consist primarily of amounts earned under employment agreements that the Company has with certain of its professional sports teams’ personnel. (c) Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 14 for further information on the Company’s pension obligations. In addition, see Note 8 for information on the contractual obligations related to future lease payments, which are reflected on the consolidated balance sheet as lease liabilities as of June 30, 2022. See Note 13 for further details of the outstanding balances under the 2021 Knicks Revolving Credit Facility, the 2021 Rangers Revolving Credit Facility and the 2021 Rangers NHL Advance Agreement (as defined below).

Debt

Debt	12 Months Ended
	Jun. 30, 2022
Debt [Abstract]
Debt Disclosure [Text Block]	Debt Knicks Revolving Credit Facility On September 30, 2016, New York Knicks, LLC (“Knicks LLC”), a wholly owned subsidiary of the Company, entered into a credit agreement (the “2016 Knicks Credit Agreement”) with a syndicate of lenders providing for a senior secured revolving credit facility of up to $200,000 with a term of five years (the “2016 Knicks Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The 2016 Knicks Revolving Credit Facility would have matured and any unused commitments thereunder would have expired on September 30, 2021. On November 6, 2020, the Company amended and restated the 2016 Knicks Credit Agreement in its entirety (the “2020 Knicks Credit Agreement”). On December 14, 2021, Knicks LLC entered into Amendment No. 2 to the 2020 Knicks Credit Agreement, which amended and restated the 2020 Knicks Credit Agreement (the “2021 Knicks Credit Agreement”). The 2021 Knicks Credit Agreement provides for a senior secured revolving credit facility of up to $275,000 (the “2021 Knicks Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The maturity date of the 2021 Knicks Credit Agreement is December 14, 2026. Amounts borrowed may be distributed to the Company except during an event of default. All borrowings under the 2021 Knicks Revolving Credit Facility are subject to the satisfaction of certain customary conditions. Borrowings under the 2021 Knicks Credit Agreement bear interest at a floating rate, which at the option of Knicks LLC may be either (i) a base rate plus a margin ranging from 0.250% to 0.500% per annum or (ii) term Secured Overnight Financing Rate (“SOFR”) plus a credit spread adjustment of 0.100% per annum plus a margin ranging from 1.250% to 1.500% per annum depending on the credit rating applicable to the NBA’s league-wide credit facility. Knicks LLC is required to pay a commitment fee ranging from 0.250% to 0.300% per annum in respect of the average daily unused commitments under the 2021 Knicks Revolving Credit Facility. The outstanding balance under the 2021 Knicks Revolving Credit Facility was $220,000 as of June 30, 2022, which was recorded as Long-term debt in the accompanying consolidated balance sheet. The interest rate on the 2021 Knicks Revolving Credit Facility as of June 30, 2022 was 2.68%. During the year ended June 30, 2022 the Company made interest payments of $3,341 in respect of the 2021 Knicks Revolving Credit Facility (including in respect of obligations under the 2020 Knicks Credit Agreement prior to the amendment and restatement thereof). All obligations under the 2021 Knicks Revolving Credit Facility are secured by a first lien security interest in certain of Knicks LLC’s assets, including, but not limited to, (i) the Knicks LLC’s membership rights in the NBA, (ii) revenues to be paid to the Knicks LLC by the NBA pursuant to certain U.S. national broadcast agreements, and (iii) revenues to be paid to Knicks LLC pursuant to local media contracts. Subject to customary notice and minimum amount conditions, Knicks LLC may voluntarily prepay outstanding loans under the 2021 Knicks Revolving Credit Facility at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to SOFR-based loans). Knicks LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the 2021 Knicks Revolving Credit Facility is greater than 350% of qualified revenues. In addition to the financial covenant described above, the 2021 Knicks Credit Agreement and related security agreements contain certain customary representations and warranties, affirmative covenants and events of default. The 2021 Knicks Revolving Credit Facility contains certain restrictions on the ability of Knicks LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Knicks Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Knicks Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any Knicks LLC’s collateral. The 2021 Knicks Revolving Credit Facility requires Knicks LLC to comply with a debt service ratio of at least 1.5:1.0 over a trailing four quarter period. As of June 30, 2022, Knicks LLC was in compliance with this financial covenant. Knicks Holdings Credit Facility On November 6, 2020, Knicks Holdings, LLC, an indirect, wholly-owned subsidiary of the Company and the direct parent of Knicks LLC (“Knicks Holdings”), entered into a credit agreement with a syndicate of lenders (the “2020 Knicks Holdings Credit Agreement”). The 2020 Knicks Holdings Credit Agreement provided for a revolving credit facility of up to $75,000 (the “2020 Knicks Holdings Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. On December 14, 2021, the Company terminated the 2020 Knicks Holdings Revolving Credit Facility in its entirety. Rangers Revolving Credit Facility On January 25, 2017, New York Rangers, LLC (“Rangers LLC”), a wholly owned subsidiary of the Company, entered into a credit agreement (the “2017 Rangers Credit Agreement”) with a syndicate of lenders providing for a senior secured revolving credit facility of up to $150,000 with a term of five years (the “2017 Rangers Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The 2017 Rangers Revolving Credit Facility would have matured and any unused commitments thereunder would have expired on January 25, 2022. On November 6, 2020, the Company amended and restated the 2017 Rangers Credit Agreement in its entirety (the “2020 Rangers Credit Agreement”). On December 14, 2021, Rangers LLC entered into Amendment No. 3 to the 2020 Rangers Credit Agreement, which amended and restated the 2020 Rangers Credit Agreement (the “2021 Rangers Credit Agreement”). The 2021 Rangers Credit Agreement provides for a senior secured revolving credit facility of up to $250,000 (the “2021 Rangers Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The maturity date of the 2021 Rangers Credit Agreement is December 14, 2026. Amounts borrowed may be distributed to the Company except during an event of default. All borrowings under the 2021 Rangers Revolving Credit Facility are subject to the satisfaction of certain customary conditions. Borrowings under the 2021 Rangers Revolving Credit Facility bear interest at a floating rate, which at the option of Rangers LLC may be either (i) a base rate plus a margin ranging from 0.500% to 1.000% per annum or (ii) term SOFR plus a credit spread adjustment of 0.100% per annum plus a margin ranging from 1.500% to 2.000% per annum depending on the credit rating applicable to the NHL’s league-wide credit facility. Rangers LLC is required to pay a commitment fee ranging from 0.375% to 0.625% per annum in respect of the average daily unused commitments under the 2021 Rangers Revolving Credit Facility. During the year ended June 30, 2022, the Company made principal payments of $135,000. There was no borrowing under the 2021 Rangers Revolving Credit Facility as of June 30, 2022. The interest rate on the 2021 Rangers Revolving Credit Facility as of June 30, 2022 was 2.63%. During the year ended June 30, 2022 the Company made interest payments of $2,127 in respect of the 2021 Rangers Revolving Credit Facility (including in respect of obligations under the 2020 Rangers Credit Agreement prior to the amendment and restatement thereof). All obligations under the 2021 Rangers Revolving Credit Facility are, subject to the 2021 Rangers NHL Advance Agreement (as defined below), secured by a first lien security interest in certain of Rangers LLC’s assets, including, but not limited to, (i) Rangers LLC’s membership rights in the NHL, (ii) revenues to be paid to Rangers LLC by the NHL pursuant to certain U.S. and Canadian national broadcast agreements, and (iii) revenues to be paid to Rangers LLC pursuant to local media contracts. Subject to customary notice and minimum amount conditions, Rangers LLC may voluntarily prepay outstanding loans under the 2021 Rangers Revolving Credit Facility at any time, in whole or in part, without premium or penalty (except for customary breakage costs with respect to SOFR-based loans). Rangers LLC is required to make mandatory prepayments in certain circumstances, including without limitation if qualified revenues are less than 17% of the maximum available amount under the 2021 Rangers Revolving Credit Facility. In addition to the financial covenant described above, the 2021 Rangers Credit Agreement and related security agreements contain certain customary representations and warranties, affirmative covenants and events of default. The 2021 Rangers Revolving Credit Facility contains certain restrictions on the ability of Rangers LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Rangers Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Rangers Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any of Rangers LLC’s assets securing the obligations under the 2021 Rangers Revolving Credit Facility. The 2021 Rangers Revolving Credit Facility requires Rangers LLC to comply with a debt service ratio of at least 1.5:1.0 over a trailing four quarter period. As of June 30, 2022, Rangers LLC was in compliance with this financial covenant. 2021 Rangers NHL Advance Agreement On March 19, 2021, Rangers LLC, Rangers Holdings, LLC and MSG NYR Holdings LLC entered into an advance agreement with the NHL (the “2021 Rangers NHL Advance Agreement”) pursuant to which the NHL advanced $30,000 to Rangers LLC. The advance is to be utilized solely and exclusively to pay for Rangers LLC operating expenses. All obligations under the 2021 Rangers NHL Advance Agreement are senior to and shall have priority over all secured and other indebtedness of Rangers LLC, Rangers Holdings, LLC and MSG NYR Holdings LLC. All borrowings under the 2021 Rangers NHL Advance Agreement were made on a non-revolving basis and bear interest at 3.00% per annum, ending on the date any such advances are fully repaid. Advances received under the 2021 Rangers NHL Advance Agreement are payable upon demand by the NHL. It is expected that the advanced amount will be set off against funds that would otherwise be paid, distributed or transferred by the NHL to Rangers LLC. The outstanding balance under the 2021 Rangers NHL Advance Agreement was $30,000 as of June 30, 2022 and was recorded as Debt in the accompanying consolidated balance sheet. During the year ended June 30, 2022 the Company made interest payments of $900. Deferred Financing Costs The following table summarizes deferred financing costs, net of amortization, related to the Company’s credit facilities as reported on the accompanying consolidated balance sheets: June 30, 2022 (a) June 30, Other current assets $ 1,145 $ 1,759 Other assets 3,954 2,345 (a) In connection with the 2021 Knicks Revolving Credit Facility and 2021 Rangers Revolving Credit Facility, the Company incurred $2,836 in deferred financing costs during the year ended June 30, 2022.

Benefit Plans

Benefit Plans	12 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans Defined Benefit Pension Plans and Postretirement Benefit Plans Prior to the MSGE Distribution, the Company sponsored a non-contributory, qualified cash balance retirement plan covering its non-union employees (the “Cash Balance Pension Plan”) and an unfunded non-contributory, non-qualified excess cash balance plan (the “Excess Cash Balance Plan”) covering certain employees who participate in the underlying qualified plan (collectively, the “Cash Balance Plans”). Since March 1, 2011, the Cash Balance Pension Plan has also included the assets and liabilities of a frozen (as of December 31, 2007) non-contributory qualified defined benefit pension plan covering non-union employees hired prior to January 1, 2001. Also, the Company historically sponsored an unfunded non-contributory, non-qualified defined benefit pension plan for the benefit of certain employees who participate in the underlying qualified plan which was merged into the Cash Balance Pension Plan on March 1, 2011 (the “Excess Plan”). As of December 31, 2007, the Excess Plan was amended to freeze all benefits earned through December 31, 2007 and to eliminate the ability of participants to earn benefits for future service under these plans. The Cash Balance Plans were amended to freeze participation and future benefit accruals effective December 31, 2015 for all employees. Therefore, after December 31, 2015, no employee of the Company who was not already a participant may become a participant in the plans and no further annual pay credits will be made for any future year. Existing account balances under the plans will continue to be credited with monthly interest in accordance with the terms of the plans. Prior to the MSGE Distribution the Company sponsored a non-contributory, qualified defined benefit pension plan covering certain of its union employees (the “Union Plan”). Benefits payable to retirees under the Union Plan are based upon years of Benefit Service (as defined in the Union Plan document). The Cash Balance Plans, Union Plan, and Excess Plan are collectively referred to as the “MSGE Pension Plans.” In addition, the Company also sponsored a contributory welfare plan which provided certain postretirement healthcare benefits to certain employees hired prior to January 1, 2001 who are eligible to commence receipt of early or normal benefits under the Cash Balance Pension Plan and their dependents, as well as certain union employees (“Postretirement Plan”). As of the MSGE Distribution Date the Company and MSG Entertainment entered into an employee matters agreement (the “Employee Matters Agreement”) which determined each company’s obligations after the MSGE Distribution with regard to historical liabilities under the Company’s former pension and postretirement plans. Under the Employee Matters Agreement, the MSGE Pension Plans and Postretirement Plan were transferred to MSG Entertainment. However, the Company has retained liabilities from the Excess Cash Balance Plan and Excess Plan that related to its current employees, former employees (other than employees transferred to MSG Entertainment in connection with the MSGE Distribution) and employees that are employed in a senior executive capacity by both the MSG Sports and MSG Entertainment. Such liabilities were transferred to the MSG Sports, LLC Excess Cash Balance Plan (the “MSGS Excess Cash Balance Plan”) and MSG Sports, LLC Excess Retirement Plan (the “MSGS Excess Retirement Plan”), which the Company established in connection with the MSGE Distribution and are collectively referred to the “MSGS Pension Plans”. The following table summarizes the projected benefit obligations, assets, and the amounts recorded on the Company’s consolidated balance sheets as of June 30, 2022 and 2021, associated with the MSGS Pension Plans based upon actuarial valuations as of those measurement dates. June 30, 2022 2021 Change in benefit obligation: Benefit obligation at beginning of period $ 9,600 $ 10,057 Interest cost 123 145 Actuarial loss (gain) (1,078) 38 Benefits paid (248) (312) Plan settlements paid (83) (328) Benefit obligation at end of period $ 8,314 $ 9,600 The actuarial gain of $1,078, included in the change in benefit obligation for pension benefits in the year ended June 30, 2022, is primarily the result of increases in the discount rate and demographic experience as of June 30, 2022. Amounts recognized in the consolidated balance sheets as of June 30, 2022 and 2021 consist of: June 30, 2022 2021 Current liabilities (included in accrued employee related costs) $ (3,309) $ (3,317) Non-current liabilities (included in Defined benefit obligations) (5,005) (6,283) $ (8,314) $ (9,600) Accumulated other comprehensive loss, before income tax, as of June 30, 2022 and 2021 consists of the following amounts that have not yet been recognized in net periodic benefit cost: June 30, 2022 2021 Actuarial loss $ (807) $ (2,027) The following table presents components of net periodic benefit cost for the MSGE Pension Plans, MSGS Pension Plans and Postretirement Plan included in the accompanying consolidated statements of operations for the years ended June 30, 2022, 2021 and 2020. Service cost is recognized in direct operating expenses and selling, general and administrative expenses. All other components of net periodic benefit cost are reported in Miscellaneous income (expense), net. MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Service cost $ — $ — $ 75 $ — $ — $ 44 Interest cost 123 145 4,285 — — 86 Expected return on plan assets — — (4,240) — — — Recognized actuarial loss 133 103 930 — — 5 Settlement loss recognized (a) 9 47 67 — — — Net periodic benefit cost $ 265 $ 295 $ 1,117 $ — $ — $ 135 _________________ (a) For the years ended June 30, 2022, 2021 and 2020, lump-sum payments totaling $83, $328 and $551, respectively, were distributed to vested participants of the non-qualified excess cash balance plan, triggering the recognition of settlement losses in accordance with ASC Topic 715. Due to these pension settlements, the Company was required to remeasure its pension plan liability as of June 30, 2022, June 30, 2021, and March 31, 2020 for the years ended June 30, 2022, 2021 and 2020, respectively. Discount rates used for the projected benefit obligation and interest cost were 1.89% and 0.86% as of June 30, 2022, respectively, 1.73% and 0.91% as of June 30, 2021, respectively, and 3.21% and 2.55% as of June 30, 2020, respectively. Additionally, settlement charges of $9, $47 and $67 were recognized in Miscellaneous income (expense), net for the years ended June 30, 2022, 2021 and 2020, respectively. Amounts presented in the table above include net periodic benefit cost related to continuing operations and discontinued operations as noted in the following table: MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Continuing Operations $ 265 $ 295 $ 395 $ — $ — $ — Discontinued Operations — — 722 — — 135 Total net periodic benefit cost $ 265 $ 295 $ 1,117 $ — $ — $ 135 Other pre-tax changes in plan assets and benefit obligations recognized in other comprehensive income (loss) for the years ended June 30, 2022, 2021 and 2020 are as follows: MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Actuarial gain (loss), net $ 1,078 $ (38) $ (321) $ — $ — $ — Recognized actuarial loss 133 103 930 — — 5 Settlement loss recognized 9 47 67 — — — Transfer due to the MSGE Distribution — — 37,049 — — 749 Total recognized in other comprehensive income (loss) $ 1,220 $ 112 $ 37,725 $ — $ — $ 754 Funded Status As a result of the MSGE Distribution, effective the MSGE Distribution Date, the Company sponsors only unfunded non-contributory pension plans. Assumptions Weighted-average assumptions used to determine benefit obligations (made at the end of the period) as of June 30, 2022 and 2021 are as follows: June 30, 2022 2021 Discount rate 4.60 % 2.35 % Interest crediting rate 2.76 % 2.32 % Weighted-average assumptions used to determine net periodic benefit cost (made at the beginning of the period) for the years ended June 30, 2022, 2021 and 2020 are as follows: MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Discount rate - projected benefit obligation 2.35 % 2.35 % 3.58 % n/a n/a 3.18 % Discount rate - service cost n/a n/a 3.78 % n/a n/a 3.45 % Discount rate - interest cost 1.84 % 1.84 % 3.10 % n/a n/a 2.84 % Expected long-term return on plan assets n/a n/a 5.52 % n/a n/a n/a Healthcare cost trend rate assumed for next year n/a n/a n/a n/a n/a 6.75 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) n/a n/a n/a n/a n/a 5.00 % Year that the rate reaches the ultimate trend rate n/a n/a n/a n/a n/a 2027 The discount rates were determined (based on the expected duration of the benefit payments for the plans) from the Willis Towers Watson U.S. Rate Link: 40-90 Discount Rate Model as of June 30, 2022, 2021, and 2020 to select a rate at which the Company believed the plans’ benefits could be effectively settled. This model was developed by examining the yields on selected highly rated corporate bonds. The expected long-term return on plan assets is based on a periodic review and modeling of the plans’ asset allocation structures over a long-term horizon. Expectations of returns for each asset class are the most important of the assumptions used in the review and modeling and are based on comprehensive reviews of historical data, forward-looking economic outlook, and economic/financial market theory. The expected long-term rate of return was selected from within the reasonable range of rates determined by (a) historical real returns, net of inflation, for the asset classes covered by the investment policy and (b) projections of inflation over the long-term period during which benefits are payable to plan participants. Plan Assets and Investment Policy As discussed above, in connection with the MSGE Distribution, the Company only retained liabilities associated with unfunded and unqualified pension plans. Thus, the MSGS Pension Plans did not carry any investments as of June 30, 2022 and June 30, 2021. Estimated Future Benefit Payments The following table presents estimated future fiscal year benefit payments for the MSGS Pension Plans: Fiscal year ending June 30, 2023 $ 3,361 Fiscal year ending June 30, 2024 520 Fiscal year ending June 30, 2025 568 Fiscal year ending June 30, 2026 544 Fiscal year ending June 30, 2027 451 Fiscal years ending June 30, 2028 – 2032 1,998 Defined Contribution Pension Plans Prior to the MSGE Distribution, the Company sponsored The Madison Square Garden 401(k) Savings Plan (the “401(k) Plan”), which is a multiple employer plan and the MSG S&E, LLC Excess Savings Plan (collectively referred to as the “Savings Plans”) and The Madison Square Garden 401(k) Union Plan (the “Union Savings Plan”), which is also a multiple employer plan. As a result of the MSGE Distribution, the Savings Plans and Union Savings Plan were transferred to MSG Entertainment. However, MSG Sports employees continue to participate in the 401(k) Plan. In addition, pursuant to the Employee Matters Agreement the Company established MSG Sports LLC Excess Savings Plan to provide non-qualified retirement benefits to eligible MSG Sports employees and assumed the liabilities associated with MSG Sports employees as of the MSGE Distribution Date of the MSG S&E, LLC Excess Savings Plan. Expenses related to the Savings Plans that are included in the accompanying consolidated statements of operations for the years ended June 30, 2022, 2021 and 2020 are as follows: Years Ended June 30, 2022 2021 2020 Continuing Operations $ 4,956 $ 2,310 $ 4,674 Discontinued Operations — — 1,411 Total Savings Plan Expenses $ 4,956 $ 2,310 $ 6,085 For the year ended June 30, 2020, expenses related to the Union Savings Plan included in the accompanying consolidated statements of operations were $526 and have been classified in the consolidated statements of operations as discontinued operations. Multiemployer Plans The Company contributes to a number of multiemployer defined benefit pension plans, multiemployer defined contribution pension plans, and multiemployer health and welfare plans that provide benefits to retired union-represented employees under the terms of CBAs. Multiemployer Defined Benefit Pension Plans The multiemployer defined benefit pension plans to which the Company contributes generally provide for retirement and death benefits for eligible union-represented employees based on specific eligibility/participant requirements, vesting periods and benefit formulas. The risks to the Company of participating in these multiemployer defined benefit pension plans are different from single-employer defined benefit pension plans in the following aspects: • Assets contributed to a multiemployer defined benefit pension plan by one employer may be used to provide benefits to employees of other participating employers. • If a participating employer stops contributing to a multiemployer defined benefit pension plan, the unfunded obligations of the plan may be borne by the remaining participating employers. • If the Company chooses to stop participating in some of these multiemployer defined benefit pension plans, the Company may be required to pay those plans an amount based on the Company’s proportion of the underfunded status of the plan, referred to as a withdrawal liability. However, cessation of participation in a multiemployer defined benefit pension plan and subsequent payment of any withdrawal liability is subject to the collective bargaining process. The following table outlines the Company’s participation in multiemployer defined benefit pension plans for the years ended June 30, 2022, 2021 and 2020, and summarizes the contributions that the Company has made during each period. The “EIN” and “Pension Plan Number” columns provide the Employer Identification Number and the three-digit plan number for each applicable plan. The most recent Pension Protection Act zone status available as of June 30, 2022 and 2021 relates to the plan’s two most recent years ended which are indicated. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The “FIP/RP Status Pending/Implemented” column indicates whether a funding improvement plan (“FIP”) for yellow/orange zone plans or a rehabilitation plan (“RP”) for red zone plans is either pending or has been implemented by the trustees of such plan. The zone status and any FIP or RP information is based on information that the Company received from the plan, and the zone status is as certified by the plan’s actuary. The last column lists the expiration date(s) or a range of expiration dates of the CBA to which the plans are subject. There are no other significant changes that affect such comparability. PPA Zone Status FIP/RP Status Pending / Implemented MSG Sports As of June 30, Years Ended June 30, Plan Name EIN Pension Plan Number 2022 2021 2022 2021 2020 Surcharge Imposed Expiration Date of CBA National Basketball Association Players’ Pension Plan 832172122 001 Yellow Yellow Implemented $ — $ 3,526 $ 3,780 No 6/2024 (with certain termination rights becoming effective 6/2023) as of as of 2/1/2021 2/1/2020 National Hockey League Players’ Retirement Benefit Plan 462555356 001 Green Green No 1,276 1,153 1,150 No 9/2026 as of as of 4/30/2021 4/30/2020 All Other Multiemployer Defined Benefit Pension Plans 373 371 398 $ 1,649 $ 5,050 $ 5,328 The Company was not listed as providing more than 5 percent of the total contributions in any Form 5500 for the years ended June 30, 2022, 2021 and 2020. Multiemployer Defined Contribution Pension Plans and Multiemployer Plans That Provide Health and Welfare Benefits The Company contributed $1,092, $1,273 and $1,200 for the years ended June 30, 2022, 2021 and 2020, respectively, to multiemployer defined contribution pension plans. In addition, the Company contributed $278, $3,526 and $2,559 for the years ended June 30, 2022, 2021 and 2020, respectively, to multiemployer plans that provide health and welfare benefits to retired employees. Executive Deferred Compensation Plan On November 16, 2021, the Company established the Madison Square Garden Sports Corp. Executive Deferred Compensation Plan (the “Deferred Compensation Plan”) for the purpose of permitting a select group of highly-compensated employees to defer the employee’s annual base salary and bonus into the Deferred Compensation Plan with returns on such deferrals tracking the performance of certain investments. Amounts deferred and invested by employees under the Deferred Compensation Plan are placed in an irrevocable trust established by the Company and all assets of the trust are subject to the creditors of the Company in the event of insolvency. In accordance with ASC Topic 710, Compensation – General (“ASC Topic 710”), the assets of the trust are consolidated with the accounts of the Company and are recognized in the Company’s consolidated balance sheet. In accordance with ASC Topic 710, the Company remeasures the deferred compensation liability, with a charge (or credit) to compensation cost in the Company’s consolidated statements of operations, to reflect changes in the fair value of the assets owed to the participants of the Deferred Compensation Plan. The Company remeasures the fair value of the assets held in trust in accordance with ASC Topic 321, Investments – Equity Securities , and recognizes unrealized gains and losses in Miscellaneous income (expense), net in the Company’s consolidated statements of operations. For the year ended June 30, 2022 the Company recorded compensation cost of $461 within Selling, general and administrative expenses to reflect the remeasurement of the Deferred Compensation Plan liability. In addition, for the year ended June 30, 2022, the Company recorded gains of $461 within Miscellaneous income (expense), net to reflect the remeasurement of the fair value of assets under the Deferred Compensation Plan. Amounts recognized in the consolidated balance sheets as of June 30, 2022 related to the Deferred Compensation Plan consist of: June 30, 2022 Non-current assets (included in other assets) $ 2,736 Current liabilities (included in accrued employee related costs) (123) Non-current liabilities (included in other employee related costs) (2,613)

Share-Based Compensation

Share-Based Compensation	12 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
Share-based Compensation	Share-based Compensation The Company has two share-based compensation plans: the 2015 Employee Stock Plan (the “Employee Stock Plan”) and the 2015 Stock Plan for Non-Employee Directors (the “Non-Employee Director Plan”). Under the Employee Stock Plan, the Company is authorized to grant incentive stock options, non-qualified stock options, restricted shares, restricted stock units (“RSUs”), performance RSUs (“PSUs”), stock appreciation rights and other equity-based awards. The Company may grant awards for up to 2,650 shares of the Company’s Class A Common Stock (subject to certain adjustments). Options and stock appreciation rights under the Employee Stock Plan must be granted with an exercise price of not less than the fair market value of a share of the Company’s Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant (or up to one Under the Non-Employee Director Plan, the Company is authorized to grant non-qualified stock options, restricted shares, restricted stock units, stock appreciation rights and other equity-based awards. The Company may grant awards for up to 160 shares of the Company’s Class A Common Stock (subject to certain adjustments). Options under the Non-Employee Director Plan must be granted with an exercise price of not less than the fair market value of a share of the Company’s Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant (or up to one In connection with the MSGE Distribution, pursuant to the terms of the incentive plans and award agreements, (i) each holder of an RSU and PSU granted under the Employee Stock Plan received one MSG Entertainment RSU or PSU in respect of every one Company RSU or PSU owned on the Record Date and continues to be entitled to a share of the Company’s Class A Common Stock (or cash or other property) for each Company RSU or PSU in accordance with the existing award agreement, (ii) one share of MSG Entertainment Class A Common Stock was issued under the MSG Entertainment Non-Employee Director Plan in respect of every one RSU outstanding under the Company’s Non-Employee Director Plan, which remain outstanding and continue to be entitled to a share of the Company’s Class A Common Stock (or cash or other property) in accordance with the existing award agreement, and (iii) each option to purchase the Company’s Class A Common Stock became two options: one option to acquire MSG Entertainment Class A Common Stock and one option to acquire the Company’s Class A Common Stock. The existing exercise price was allocated between the Company’s options and the new MSG Entertainment options based upon the volume-weighted average prices of the MSG Entertainment Class A Common Stock and the Company’s Class A Common Stock using the 10-day volume weighted average trading price immediately following the MSGE Distribution, and the underlying share amount was consistent with the one-to-one distribution ratio in the MSGE Distribution. Other than the split of the options and the allocation of the existing exercise price, there were no additional adjustments to the existing options in connection with the MSGE Distribution. The Company’s RSUs/PSUs and/or stock options held by individuals who are solely MSG Entertainment employees will not be expensed by the Company; however, such RSUs/PSUs and/or stock options do have a dilutive effect on earnings (loss) per share available to the Company’s common stockholders. Share-based Compensation Expense Share-based compensation expense is generally recognized straight-line over the vesting term of the award, which typically provides for three-year cliff or graded vesting subject to continued employment. For awards that are graded vesting and subject to performance conditions, in addition to continued employment, the Company uses the graded-vesting method to recognize share-based compensation expense. Share-based compensation expense was recognized in the consolidated statements of operations as a component of direct operating expenses or selling, general and administrative expenses. Share-based compensation expense recorded during the years ended June 30, 2022, 2021 and 2020 was $24,245, $30,437 and $48,693, respectively. There were no costs related to share-based compensation in continuing operations that were capitalized for the years ended June 30, 2022, 2021 and 2020. As of June 30, 2022, there was $20,005 of unrecognized compensation cost related to unvested RSUs and PSUs held by the Company’s employees. The cost is expected to be recognized over a weighted-average period of approximately 1.9 years for unvested RSUs and PSUs. Share-based compensation expense for discontinued operations during the year ended June 30, 2020 was $8,303. As a result of an agreement to settle an action (the “Settlement”) filed by a purported stockholder of the Company derivatively on behalf of the Company against certain directors of the Company who are members of the Dolan family and against the directors of the Company who were members of the Compensation Committee, Mr. Dolan voluntarily relinquished a one-time equity award granted by the Company in October 2018 pursuant to his 2018 employment agreement, and the related award agreements were canceled. The one-time equity award included: 32 target performance stock units and three grants of stock options to purchase an aggregate of 449 shares of Class A Common Stock, which were to vest over a four-year period. The Settlement became effective October 8, 2020 and therefore, upon cancellation, the Company recorded previously unrecognized share-based compensation expense of approximately $7,400 related to this award during the year ended June 30, 2021. Restricted Stock Units Award Activity The following table summarizes activity related to the Company’s RSUs and PSUs, held by the Company and MSG Entertainment employees, for the year ended June 30, 2022: Number of Weighted-Average Fair Value Per Share At Date of Grant (a) Nonperformance PSUs and Performance Unvested award balance as of June 30, 2021 264 220 $ 234.39 Granted 75 56 $ 162.09 Vested (140) (85) $ 254.96 Forfeited — (2) $ 186.90 Unvested award balance as of June 30, 2022 199 189 $ 198.21 _________________ (a) Weighted-average fair value per share at date of grant does not reflect any adjustment associated with the MSGE Distribution. See above for a discussion of the treatment of RSUs and PSUs in connection with the MSGE Distribution. The fair value of RSUs and PSUs that vested during the year ended June 30, 2022 was $40,490. Upon delivery, RSUs and PSUs granted under the Employee Stock Plan were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ statutory minimum tax withholding obligations for the applicable income and other employment taxes, 105 of these RSUs and PSUs, with an aggregate value of $18,306, inclusive of $6,164 related to MSG Entertainment employees (who vested in the Company’s RSUs and PSUs), were retained by the Company and the taxes paid are reflected as financing activity in the accompanying consolidated statement of cash flows for the year ended June 30, 2022. The fair value of RSUs and PSUs that vested during the years ended June 30, 2021 and 2020 was $36,099 and $60,282, respectively. The weighted-average fair value per share at grant date of RSUs and PSUs granted during the years ended June 30, 2021 and 2020 was $162.81 and $243.55, respectively. Stock Options Award Activity The following table summarizes activity related to the Company’s stock options for the year ended June 30, 2022: Number of Weighted-Average Exercise Price Per Share (a) Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Time Vesting Options Balance as of June 30, 2021 94 $ 145.78 Granted — $ — Cancelled — $ — Balance as of June 30, 2022 94 $ 145.78 5.46 $ 490 Exercisable as of June 30, 2022 94 $ 145.78 5.46 $ 490 _________________ (a) Weighted-average exercise price per share does not reflect any adjustment associated with the MSGE Distribution. See above for a discussion of the treatment of options in connection with the MSGE Distribution.

Stock Repurchase Program

Stock Repurchase Program	12 Months Ended
	Jun. 30, 2022
Stock Repurchase Program [Abstract]
Stock Repurchase Program	Stock Repurchase Program On September 11, 2015, the Company’s board of directors authorized the repurchase of up to $525,000 of the Company’s Class A Common Stock once the shares of the Company’s Class A Common Stock began “regular way” trading on October 1, 2015. Under the authorization, shares of Class A Common Stock may be purchased from time to time in accordance with applicable insider trading and other securities laws and regulations. The timing and amount of purchases will depend on market conditions and other factors. During the year ended June 30, 2022, the Company did not engage in any share repurchase activities under its share repurchase program. As of June 30, 2022, the Company had $259,639 of availability remaining under its stock repurchase authorization.

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions On July 9, 2021, MSG Networks merged with a subsidiary of MSG Entertainment and became a wholly-owned subsidiary of MSG Entertainment (the “MSGE-MSGN Merger”). Accordingly, agreements between the Company and MSG Networks are now effectively agreements with MSG Entertainment on a consolidated basis. As of June 30, 2022, members of the Dolan family including trusts for members of the Dolan family (collectively, the “Dolan Family Group”), for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended, collectively beneficially own 100% of the Company’s outstanding Class B Common Stock and own approximately 3.1% of the Company’s outstanding Class A Common Stock. Such shares of the Company’s Class A Common Stock and Class B Common Stock, collectively, represent approximately 70.6% of the aggregate voting power of the Company’s outstanding common stock. Members of the Dolan family are also the controlling stockholders of MSG Entertainment and AMC Networks Inc. (“AMC Networks”). Members of the Dolan family were the direct controlling stockholders of MSG Networks prior to the MSGE-MSGN Merger and indirectly control MSG Networks through MSGE’s ownership of MSG Networks. Current Related Party Arrangements The Company is party to the following agreements and/or arrangements with MSG Entertainment (including its subsidiary MSG Networks): • Arena License Agreements pursuant to which MSG Entertainment (i) provides the right to use The Garden for games of the Knicks and the Rangers for a 35-year term in exchange for arena license fees, (ii) shares revenues collected for suite licenses, (iii) operates and manages the sale of the sports teams merchandise at The Garden for a commission, (iv) operates and manages the sales of food and beverage concessions in exchange for 50% of net profits from the sales and catering services during Knicks and Rangers home games, (v) provides day of game services that were historically provided prior to the MSGE Distribution, and (vi) provides other general services within The Garden; • Media rights agreements, that the Company and MSG Networks entered into in July 2015 with stated terms of 20 years, providing MSG Networks with local telecast rights for Knicks and Rangers games in exchange for media rights fees; • Sponsorship sales and service representation agreements pursuant to which MSG Entertainment has the exclusive right and obligation to sell the Company’s sponsorships for an initial stated term of 10 years for a commission. In addition, under this agreement, the Company is charged by MSG Entertainment for sales and service staff and overhead associated with the sales of sponsorship assets; • Team sponsorship allocation agreement with MSG Entertainment, pursuant to which teams continue receiving an allocation of sponsorship and signage revenues associated with the sponsorship agreements that existed at the MSGE Distribution Date; • Services Agreement (the “Services Agreement”) pursuant to which the Company (i) receives certain services from MSG Entertainment, such as information technology, accounts payable, payroll, human resources, and other corporate functions, as well as the executive support services, in exchange for service fees and (ii) provides certain services to MSGE Entertainment, such as certain communications, legal (including certain services the Company provided to MSG Networks prior to the MSGE-MSGN Merger) and ticketing services, in exchange for service fees; • Sublease agreement, pursuant to which the Company leases office space from MSG Entertainment; • Group ticket sales representation agreement, pursuant to which MSG Entertainment appointed the Company as its sales and service representative to sell group ticket packages related to MSG Entertainment events in exchange for a commission; • Single night rental commission agreement, pursuant to which the Company may, from time to time, sell (or make referrals for sales of) licenses for the use of suites at The Garden for individual MSG Entertainment events in exchange for a commission and reimbursement for sales and service staff and overhead associated with the ticket sales on behalf of MSG Entertainment; • Aircraft sharing agreements pursuant to which MSG Entertainment has agreed from time to time to make its aircraft and an aircraft it leases from another related party available to the Company for lease on a “time sharing” basis; • Other agreements with MSG Entertainment entered into in connection with the MSGE Distribution, including a distribution agreement, a tax disaffiliation agreement, an employee matters agreement, a trademark license agreement and certain other arrangements; and • Other agreements with MSG Networks entered into in connection with the MSGS Distribution, including a distribution agreement, a tax disaffiliation agreement, an employee matters agreement and certain other arrangements. In addition, the Company has shared certain executive support costs, including office space, executive assistants, security and transportation costs for: (i) the Company’s Executive Chairman with MSG Entertainment; and (ii) the Company’s Vice Chairman with AMC Networks and MSG Entertainment. The Company also previously shared such costs for the Company’s President and Chief Executive Officer with MSG Entertainment through March 31, 2022. Additionally, the Company, MSG Entertainment, and AMC Networks allocate the costs of certain personal aircraft and helicopter use by their shared executives. From time to time the Company has entered into, and is expected to continue to enter into, arrangements with 605, LLC. Kristin A. Dolan, a former director of the Company and spouse of James L. Dolan, the Company’s Executive Chairman and a director, is the founder and Chief Executive Officer of 605, LLC. James L. Dolan and Kristin A. Dolan own 50% of 605, LLC. 605, LLC provides audience measurement and data analytics services to the Company and its subsidiaries in the ordinary course of business. Related Party Arrangements Prior to the MSGE Distribution Following the MSGE Distribution, except as otherwise noted, the Company is no longer party to the arrangements described below. However, the amounts associated with such arrangements are reflected in the Company’s results of operations for the periods prior to the MSGE Distribution. The Company had various agreements with MSG Networks, including an advertising sales representation agreement and a services agreement (the “Prior MSGN Services Agreement”). Pursuant to the Prior MSGN Services Agreement, which was effective July 1, 2019, the Company provided certain services to MSG Networks, such as information technology, accounts payable, payroll, human resources, and other corporate functions, as well as the executive support services described below, in exchange for service fees. MSG Networks also provided certain services to the Company, in exchange for service fees. Effective as of the MSGE Distribution, this agreement was between MSG Entertainment and MSG Networks. The Company separately entered into the Services Agreement with MSG Networks. See “— Current Related Party Arrangements.” The Company shared certain executive support costs, including office space, executive assistants, security and transportation costs, for (i) the Company’s Executive Chairman with MSG Networks and (ii) the Company’s Vice Chairman with MSG Networks and AMC Networks. Additionally, the Company, MSG Networks and AMC Networks agreed on an allocation of the costs of certain personal aircraft and helicopter use by their shared executives. Following the MSGE Distribution, the Company also shares these expenses with MSG Entertainment. See “— Current Related Party Arrangements.” The Company was a party to various Aircraft Support Services Agreements (the “Support Agreements”), pursuant to which the Company provided certain aircraft support services to entities controlled by (i) James L. Dolan, (ii) Charles F. Dolan, and (iii) Patrick F. Dolan, the son of Charles F. Dolan and brother of James L. Dolan. On December 17, 2018, the Company terminated the agreement providing services to the entity controlled by Charles F. Dolan, and entered into a new agreement with Charles F. Dolan and certain of his children, who are siblings of James L. Dolan, specifically: Thomas C. Dolan (a director of the Company), Deborah Dolan-Sweeney, Patrick F. Dolan, Marianne Dolan Weber (a director of the Company), and Kathleen M. Dolan, which provided substantially the same services as the prior agreement for a new aircraft. In addition, the Company was party to reciprocal time sharing/dry lease agreements with each of (i) Quart 2C, LLC (“Q2C”), a company controlled by James L. Dolan and Kristin A. Dolan, his spouse and a former director of the Company, and (ii) Charles F. Dolan and Sterling Aviation, LLC, a company controlled by Charles F. Dolan (collectively, “CFD”), pursuant to which the Company had agreed from time to time to make its aircraft available to each of Q2C and CFD, and Q2C and CFD have agreed from time to time to make their aircraft available to the Company. Pursuant to the terms of the agreements, Q2C and/or CFD could lease on a non-exclusive, “time sharing” basis, the Company’s Gulfstream Aerospace G550 aircraft (the “G550 Aircraft”). On December 17, 2018, in connection with the purchase of a new aircraft (as noted above), the Company replaced the dry lease agreement with CFD with a new dry lease agreement with Sterling2k LLC, an entity owned and controlled by Deborah Dolan-Sweeney, the daughter of CFD and the sister of James L. Dolan, which provided for the Company’s usage of the new aircraft on the same terms as the prior agreement. On May 6, 2019, the Company entered into a dry lease agreement with Brighid Air, LLC (“Brighid Air”), a company owned and controlled by Patrick F. Dolan, pursuant to which the Company was permitted to lease on a non-exclusive basis Brighid Air’s Bombardier BD100-1A10 Challenger 350 aircraft (the “Challenger”). In connection with the dry lease agreement, on May 6, 2019, the Company also entered into a Flight Crew Services Agreement (the “Flight Crew Agreement”) with the Dolan Family Office, LLC (“DFO”), an entity owned and controlled by Charles F. Dolan, pursuant to which the Company was permitted to utilize pilots employed by DFO for purposes of flying the Challenger when the Company was leasing that aircraft under the Company’s dry lease agreement with Brighid Air. The Company and each of MSG Networks and AMC Networks were party to certain aircraft time sharing agreements, pursuant to which the Company agreed from time to time to make its aircraft available to MSG Networks and/or AMC Networks for lease on a “time sharing” basis. In addition to the aircraft arrangements described above, certain executives of the Company were party to aircraft time sharing agreements, pursuant to which the Company agreed from time to time to make certain aircraft available for lease on a “time sharing” basis for personal use in exchange for payment of actual expenses of the flight (as listed in the agreement). Revenues and Operating Expenses (Credits) The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying consolidated statements of operations for the years ended June 30, 2022, 2021 and 2020: Years Ended June 30, 2022 2021 2020 Revenues $ 178,696 $ 147,029 $ 138,881 Operating expenses (credits): Corporate general and administrative expenses, net 41,080 38,491 1,154 Costs associated with the Sponsorship sales and service representation agreements 22,316 16,016 2,486 Costs associated with the Arena License Agreements 101,514 46,974 — Other operating expenses (credits), net 1,288 573 (337) Revenues Revenues from related parties primarily consist of local media rights recognized from the licensing of team-related programming under the media rights agreements covering the Knicks and the Rangers, which provide MSG Networks with exclusive media rights to team games in their local markets. Corporate general and administrative expenses, net Corporate general and administrative expenses, net reflects net charges of $38,102, $36,730, and $8,916 from MSG Entertainment pursuant to the Services Agreement for certain business functions that were previously performed by internal resources for the years ended June 30, 2022, 2021, and 2020, respectively. These services include information technology, accounting, accounts payable, payroll, tax, legal, human resources, insurance and risk management, investor relations, corporate communications, benefit plan administration and reporting, and internal audit. In addition, Corporate general and administrative expenses, net reflects rent expense of $2,978, $2,636, and $593, associated with the lease of office space from MSG Entertainment for years ended June 30, 2022, 2021, and 2020, respectively. See Note 8 for more information regarding the lease of office space from MSG Entertainment. Corporate general and administrative expenses, net also reflects charges of $875 and $8,474 from the Company to MSG Networks for the period prior to the MSGE-MSGN Merger pursuant to a services agreement between the Company and MSG Networks for the years ended June 30, 2021 and 2020, respectively. Costs associated with the Sponsorship sales and service representation agreements Pursuant to the Sponsorship sales and service representation agreements, MSG Entertainment charges the Company sales commission fees and sponsorship fulfillment costs, as well as costs of MSG Entertainment sales and service staff and overhead associated with the sales of sponsorship assets. Costs associated with the Arena License Agreements For the years ended June 30, 2022 and 2021, costs associated with the Arena License Agreements include $67,620 and $36,629, respectively, recorded as operating lease cost. See Note 8 for more information regarding Arena License Agreements. Other operating expenses (credits), net The Company and its related parties enter into transactions with each other in the ordinary course of business. Other operating expenses (credits), net includes net charges relating to (i) reciprocal aircraft arrangements between the Company and each of Q2C and CFD and (ii) time sharing agreements with MSG Networks and AMC Networks. Following the MSGE Distribution, the Company no longer provides these services to MSG Networks. However, these charges are reflected in the Company’s results of operations for the periods prior to the MSGE Distribution as they do not meet the criteria for inclusion in discontinued operations. In addition, Other operating expenses (credits), net includes fees paid by the Company to MSG Networks for insertion of virtual signage during Knicks home and away games during the 2021-22 and 2020-21 seasons. Discontinued operations For the year ended June 30, 2020, related party transactions included in loss from discontinued operations, net of taxes in the accompanying consolidated statements of operations include the following (i) revenues from related parties of $13,106, (ii) operating expenses charged by related parties of $897, and (iii) equity in loss of equity-method investments of $3,739.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense (benefit) attributable to continuing operations is comprised of the following components: Years Ended June 30, 2022 2021 2020 Current expense (benefit): Federal $ — $ — $ (676) State and other 572 243 — 572 243 (676) Deferred expense (benefit): Federal 18,664 (21,096) 13,871 State and other 5,816 (52,568) 7,398 24,480 (73,664) 21,269 Income tax expense (benefit) $ 25,052 $ (73,421) $ 20,593 The income tax expense (benefit) attributable to continuing operations differs from the amount derived by applying the statutory federal rate to pre-tax income principally due to the effect of the following items: Years Ended June 30, 2022 2021 2020 Federal tax expense (benefit) at statutory federal rate $ 15,525 $ (18,757) $ (20,590) State income taxes, net of federal benefit 8,763 (7,331) (7,332) Change in the estimated applicable tax rate used to determine deferred taxes (3,191) (896) 391 Federal tax credits — — (1,480) GAAP income of consolidated partnership attributable to non-controlling interests 473 408 492 Tax effect of indefinite-lived intangible amortization — — 204 Return to provision (2,476) — — Change in valuation allowance — (52,108) 46,310 Nondeductible officers’ compensation 5,156 4,081 4,287 Nondeductible disability insurance premiums expense 964 392 1,027 Other nondeductible expenses 379 862 762 Excess tax benefit related to shared based-payments awards (678) (72) (3,478) Other 137 — — Income tax expense (benefit) $ 25,052 $ (73,421) $ 20,593 The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and liabilities at June 30, 2022 and 2021 are as follows: June 30, 2022 2021 Deferred tax asset: Net operating loss carryforwards $ 21,171 $ 39,175 Tax credit carryforwards 6,547 6,547 Accrued employee benefits 21,687 44,304 Accrued expenses 7,525 — Restricted stock units and stock options 6,348 6,603 Arena deferred rent adjustment 17,044 9,134 Deferred revenue accelerated for tax purposes 10,920 21,069 Other 7,240 — Total deferred tax assets $ 98,482 $ 126,832 Less valuation allowance — — Net deferred tax assets $ 98,482 $ 126,832 Deferred tax liabilities: Intangible and other assets $ (97,653) $ (102,675) Prepaid expenses (9,746) (7,767) Other — (447) Total deferred tax liabilities $ (107,399) $ (110,889) Net deferred tax (liability) asset $ (8,917) $ 15,943 In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the utilization of its federal net operating loss carryforward (“NOL”) and its future deductible temporary differences. As of June 30, 2022, the Company determined there is sufficient positive evidence to conclude that it is more likely than not that its deferred income tax assets are realizable. The Company will continue to assess the realizability of its deferred tax assets on a quarterly basis. The NOL as of June 30, 2022 was approximately $23,000 and will primarily expire in 2036 and 2038. The Company does not have any uncertain tax positions as of June 30, 2022 and 2021. Prior to the MSGE Distribution, the Company and MSG Entertainment entered into a Tax Disaffiliation Agreement (“TDA”) that governs the parties’ respective rights, responsibilities and obligations with respect to taxes and tax benefits. Under the TDA, the Company will generally be responsible for all U.S. federal, state, local and other applicable income taxes of MSG Entertainment for any taxable period or portion of such period ending on or before the MSGE Distribution Date. The Company was notified in April 2020 and in February 2022 that the City of New York was commencing an audit of the local income tax returns for the fiscal years ended June 30, 2016 and 2017 and for fiscal years ended June 30, 2018 and 2019, respectively. The Company does not expect the examinations, when finalized, to result in material changes. The federal and state statute of limitations are currently open for tax returns for years starting with 2019 and 2016, respectively.

Concentrations of Risk

Concentrations of Risk	12 Months Ended
	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Concentrations of Risk	Concentrations of RiskFinancial instruments that may potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are invested in money market accounts and a time deposit. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company’s emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. The following individual non-related parties accounted for the following percentages of the Company’s consolidated receivable balances recorded in Accounts receivable, net and Other assets in the accompanying consolidated balance sheets: June 30, 2022 2021 Entity A 35 % 35 % Entity B 35 % 34 % Entity C — % 16 % The following individual non-related parties accounted for the following percentages of the Company’s consolidated revenue balances: Years Ended June 30, 2022 2021 2020 Entity B 14 % 32 % 13 % Entity A 3 % 12 % 1 % Revenues from MSG Networks amounted to $163,037, $145,098 and $138,173 for the years ended June 30, 2022, 2021 and 2020, which represented 20%, 35% and 23%, respectively, of the Company’s consolidated revenues (see Note 17). As of June 30, 2022, approximately 105 full-time and part-time employees, which represent approximately 12% of the Company’s workforce, are subject to CBAs. There are no union employees subject to CBAs that expired as of June 30, 2022 and there are no union employees subject to CBAs that will expire by June 30, 2023.

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
	Jun. 30, 2022
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II Valuation and Qualifying Accounts	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS (in thousands) (Additions) / Deductions Balance at Charged to Costs and Expenses Charged to Other Accounts Deductions Balance at Year ended June 30, 2022 Allowance for doubtful accounts $ — $ — $ — $ — $ — Deferred tax valuation allowance — — — — — $ — $ — $ — $ — $ — Year ended June 30, 2021 Allowance for doubtful accounts $ (180) $ 175 $ — $ 5 $ — Deferred tax valuation allowance (48,133) 51,496 (3,363) (a) — — $ (48,313) $ 51,671 $ (3,363) $ 5 $ — Year ended June 30, 2020 Allowance for doubtful accounts (b) $ (1,814) $ (7,170) $ — $ 8,804 (c) $ (180) Deferred tax valuation allowance (b) (75,701) (46,514) — 74,082 (d) (48,133) $ (77,515) $ (53,684) $ — $ 82,886 $ (48,313) _________________ (a) Includes amounts related to return to provision adjustments. (b) Includes amounts classified as discontinued operations on the consolidated balance sheet. (c) Includes amounts reflected in discontinued operations of $8,769. (d) The Company completely offset the taxable income of discontinued operations, including taxable income resulting from the acceleration of deferred revenue with NOLs. The deferred tax assets for such NOLs had a full valuation allowance. Therefore, both the deferred tax asset and valuation allowance were reduced with no residual tax expense. The valuation allowance reduction relating to the NOL utilization was $68,000.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2022
Accounting Policies [Abstract]
Reclassifications	ReclassificationsThe historical results of MSG Entertainment have been reflected in the accompanying statements of operations for the year ended June 30, 2020 as discontinued operations. See Note 3 for more information. In addition, certain reclassifications have been made in order to conform to the current period’s presentation and relate to the separation of League-related accruals, which was previously reported in Other accrued liabilities in the consolidated balance sheet as of June 30, 2021.
Principles of Consolidation	Principles of Consolidation The Company reports on a fiscal year basis ending on June 30 th
Use of Estimates	Use of Estimates The preparation of the accompanying financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, other current assets, goodwill, intangible assets, other long-lived assets, deferred tax valuation allowance, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, revenue sharing expense (net of escrow), luxury tax expense, income tax expense, performance and share-based compensation, depreciation and amortization, litigation matters and other matters, as well as in the valuation of contingent consideration and noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the financial statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods.
Revenue Recognition	Revenue Recognition See Note 4 for details of accounting policies related to revenue recognition and other disclosures required under Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers . Contracts with Customers All revenue recognized in the consolidated statements of operations is considered to be revenue from contracts with customers in accordance with ASC Topic 606. For the year ended June 30, 2022, the Company did not have any impairment losses on receivables or contract assets arising from contracts with customers. The Company recognizes revenue when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of promised goods or services are transferred to customers. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and the determination of whether to include such estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. The Company accounts for taxes collected from customers and remitted to governmental authorities on a net basis and excludes these amounts from revenues. In addition, the Company defers certain costs to fulfill the Company’s contracts with customers to the extent such costs relate directly to the contracts, are expected to generate resources that will be used to satisfy the Company’s performance obligations under the contracts, and are expected to be recovered through revenue generated under the contracts. Contract fulfillment costs are expensed as the Company satisfies the related performance obligations. Arrangements with Multiple Performance Obligations The Company has contracts with customers, including multi-year sponsorship agreements, that contain multiple performance obligations. Payment terms for such arrangements can vary by contract, but payments are generally due in installments throughout the contractual term. The performance obligations included in each sponsorship agreement vary and may include various advertising benefits such as, but not limited to, signage, digital advertising, event or property specific advertising, as well as non-advertising benefits such as suite licenses and event tickets. To the extent the Company’s multi-year arrangements provide for performance obligations that are consistent over the multi-year contractual term, such performance obligations generally meet the definition of a series as provided for under the accounting guidance. If performance obligations meet the definition of a series, the contractual fees for all years during the contract term are aggregated and the related revenue is recognized proportionately as the underlying performance obligations are satisfied. The timing of revenue recognition for each performance obligation is dependent upon the facts and circumstances surrounding the Company’s satisfaction of its respective performance obligation. The Company allocates the transaction price for such arrangements to each performance obligation within the arrangement based on the estimated relative standalone selling price of the performance obligation. The Company’s process for determining its estimated standalone selling prices involves management’s judgment and considers multiple factors including company specific and market specific factors that may vary depending upon the unique facts and circumstances related to each performance obligation. Key factors considered by the Company in developing an estimated standalone selling price for its performance obligations include, but are not limited to, prices charged for similar performance obligations, the Company’s ongoing pricing strategy and policies, and consideration of pricing of similar performance obligations sold in other arrangements with multiple performance obligations. The Company may incur costs such as commissions to obtain its multi-year sponsorship agreements. The Company assesses such costs for capitalization on a contract by contract basis. To the extent costs are capitalized, the Company estimates the useful life of the related contract asset which may be the underlying contract term or the estimated customer life depending on the facts and circumstances surrounding the contract. The contract asset is amortized over the estimated useful life. Principal versus Agent Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service before transfer to the customer. When the Company concludes that it controls the good or service before transfer to the customer, the Company is considered a principal in the transaction and records revenue on a gross basis. When the Company concludes that it does not control the good or service before transfer to the customer but arranges for another entity to provide the good or service, the Company acts as an agent and records revenue on a net basis in the amount it earns for its agency service. The Company’s revenue recognition policies that summarize the nature, amount, timing and uncertainty associated with each of the Company’s revenue sources are discussed further below. The Company’s professional sports teams derive event-related revenues principally from ticket sales which are recognized as the related games occur. The Company’s revenues also include revenue from the license of The Garden’s suites. Suite license arrangements are generally multi-year fixed fee arrangements that include annual fee increases. Payment terms for suite license arrangements can vary by contract, but payments are generally due in installments prior to each license year. The Company’s performance obligation under such arrangements is to provide the licensee with access to the suite when events occur at The Garden. Because suite and club licenses cover both the Knicks and the Rangers games and events that MSG Entertainment presents at The Garden, suite and club rental revenue is shared between us and MSG Entertainment under Arena License Agreements the Company entered into in connection with the MSGE Distribution. Pursuant to the Arena Licenses Agreements, the Knicks and the Rangers are entitled to 35% and 32.5%, respectively, of the revenues received by MSG Entertainment in connection with suite and club licenses. The Company accounts for the performance obligation under these types of arrangements as a series and, as a result, the related suite license fees for all years during the license term are aggregated and revenue is recognized proportionately over the license period as the Company satisfies the related performance obligation. Progress toward satisfaction of the Company’s suite license performance obligations is measured as access to the suite is provided to the licensee throughout the contractual term of the license. For the year ended June 30, 2020, due to the NBA and NHL suspending their season on March 11, and 12, 2020, respectively, suite license holders did not have access to their suites and therefore revenue recognition ceased at that time. For the year ended June 30, 2021, access to suites for Knicks and Rangers games was primarily sold by way of individual tickets, thus minimal suite license revenue was recognized. Event-related revenue also includes food, beverage and merchandise sales which are recognized at the point goods are provided to customers. Payment is received at the point of sale and sales tax collected from customers is excluded from revenue. Subsequent to the MSGE Distribution Date, pursuant to the Arena License Agreements, the Knicks and the Rangers receive 50% of net profits from the sales of food and beverages during their games at The Garden. In addition to event-related revenue, MSG Sports maintains local media rights arrangements which provide for the licensing of team-related programming to MSG Networks. MSG Sports, pursuant to the terms of the agreements, receives such rights fees in equal monthly installments throughout each license year. The transaction price under these arrangements is variable in nature as certain credit provisions exist to the extent that the teams’ games are unavailable for broadcast during an individual league season. The Company estimates the transaction price at the beginning of each fiscal year, which coincides with the annual contractual term. In estimating the transaction price, the Company considers the contractually agreed upon license fees as well as qualitative considerations with respect to the number of games expected to be available for broadcast by MSG Networks over the upcoming year. The resulting transaction price is allocated entirely to the rights provided for the related contract year and revenue is recognized using an output measure of progress toward satisfaction of the Company’s performance obligations within the contract year, as the underlying benefits are conveyed to the licensee. The Company’s professional sports teams also derive revenue from the distribution of league-wide national and international television contracts and other league-wide revenue sources. The transaction price for each of these revenues is based upon the expected distribution values as communicated by the applicable league. The timing of revenue recognition is dependent on the nature of the underlying performance obligation, which is generally over time. Receipt of league-wide revenues generally occurs at the time of communication or according to a specified timeline. After suspending the 2019-20 seasons in March 2020 due to COVID-19, the NHL and NBA subsequently restarted their seasons, which were completed in September and October 2020, respectively. As a result, revenue for the year ended June 30, 2021 includes revenue for league distributions that otherwise would have been recognized during the third and fourth quarters of fiscal year 2020. MSG Sports also earns revenues from the sale of advertising in the form of sponsorships and signage, which are not related to any specific event. The Company’s performance obligations with respect to this advertising are satisfied as the related benefits are delivered over the term of the respective agreements.
Direct Operating Expenses	Direct Operating Expenses After the MSGE Distribution Date, Direct operating expenses include compensation expense for the Company’s professional sports teams’ players and certain other team personnel, as well as NBA luxury tax, if applicable, NBA and NHL revenue sharing (net of escrow) and league assessments for the Company, event costs related to the presentation and production of the Company’s sporting events and other operating expenses, including expenses related to the Arena License Agreements which require the Company to pay arena license fees to MSG Entertainment in exchange for the right to use The Garden for games of the Knicks and the Rangers for a 35-year term. Player Costs and Other Team Personnel Transactions, NBA Luxury Tax, NBA and NHL Escrow System/Revenue Sharing, League Assessments, and Arena License Expenses Player Costs and Other Team Personnel Transactions Costs incurred to acquire player contracts, including signing bonuses, are deferred and amortized over the applicable NBA or NHL regular season on a straight-line basis over the fixed contract period of the respective player. The NBA and NHL seasons are typically from mid-October through mid-April and October through mid-April, respectively. Annual contractual player salaries are expensed over the applicable NBA, or NHL regular season typically on a straight-line basis. In certain player contracts the annual contractual salary amounts (including any applicable signing bonuses) may fluctuate such that expensing the salary for the entire fixed contract period on a straight-line basis over each regular season more appropriately reflects the economic benefit of the services provided. In instances where a player sustains what is deemed to be a season-ending or career-ending injury, a provision is recorded, when that determination can be reasonably made, for the remainder of the player’s seasonal or contractual salary and related costs, including any associated NBA luxury tax, net of any anticipated insurance recoveries. When players are traded, waived or contracts are terminated, any remaining unamortized signing bonuses and prepaid salaries are expensed to current operations. Amounts due to these individuals are generally paid over their remaining contract terms. Team personnel contract termination costs are recognized in the period in which those events occur. See Note 6 for further discussion of significant team personnel transactions. The NBA and NHL each have collective bargaining agreements (each a “CBA”) with the respective league’s players association, to which the Company is subject. The NBA CBA expires after the 2023-24 season (although the NBA and the National Basketball Players Association (“NBPA”) each have the right (which must be exercised by December 15, 2022) to terminate the CBA following the 2022-23 season. The current NHL CBA is set to expire on September 15, 2026 (with the possibility of a one year extension in certain circumstances). The NBA CBA contains a salary floor (i.e., a floor on each team’s aggregate player salaries with a requirement that the team pay any deficiency to the players on its roster) and a “soft” salary cap (i.e., a cap on each team’s aggregate player salaries but with certain exceptions that enable teams to pay more, sometimes substantially more, than the cap). The NHL CBA provides for a salary floor (i.e., a floor on each team’s aggregate player salaries) and a “hard” salary cap (i.e., teams may not exceed a stated maximum, which has been adjusted each season thereafter based upon league-wide revenues). NBA Luxury Tax Amounts in this paragraph are in thousands, except for luxury tax rates. The NBA CBA generally provides for a luxury tax that is applicable to all teams with aggregate player salaries exceeding a threshold that is set prior to each season based upon projected league-wide revenues (as defined under the CBA). The luxury tax rates for teams with aggregate player salaries above such threshold start at $1.50 for each $1.00 of team salary above the threshold up to $5,000 and scale up to $3.25 for each $1.00 of team salary that is from $15,000 to $20,000 over the threshold, and an additional tax rate increment of $0.50 applies for each additional $5,000 (or part thereof) of team salary in excess of $20,000 over the threshold. In addition, for teams that are taxpayers in at least three of four previous seasons, the above tax rates are increased by $1.00 for each increment. Fifty percent of the aggregate luxury tax payments is a funding source for the revenue sharing plan and the remaining 50% of such payments is distributed in equal shares to non-taxpaying teams. The Company recognizes the estimated amount associated with luxury tax expense or the amount it expects to receive as a non-tax paying team, if applicable, on a straight-line basis over the NBA regular season as a component of direct operating expenses. NBA and NHL Escrow System/Revenue Sharing The NBA CBA also provides that players collectively receive a designated percentage of league-wide revenues (net of certain direct expenses) as compensation (approximately 49% to 51%), and the teams retain the remainder. The percentage of league-wide revenues paid as compensation and retained by the teams does not apply evenly across all teams and accordingly the Company may pay its players a higher or lower percentage of the Knicks’ revenues than other NBA teams. Throughout each season, NBA teams withhold 10% of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation exceeds the designated percentage of league-wide revenues, some or all of such escrowed amounts are distributed equally to all NBA teams. In the event that the league’s aggregate player compensation is below the designated percentage of league-wide revenues, the teams will remit the shortfall to the NBPA for distribution to the players. For the 2020-21 season and the remainder of the CBA, the escrow system above was eliminated and a new “Ten-and-Spread” system was put in place. Under the Ten-and-Spread system, based upon league-wide revenues, aggregate player compensation will be reduced by up to 10% of each player’s salary. If, for a particular season, compensation reductions in excess of 10% are needed, the excess will be divided by three and recouped via reductions to players’ compensation over the same season, and the subsequent two seasons. The reduction of players’ salary for any one season is capped at 20% and carried over to the subsequent season as additional compensation reductions. Each team is entitled to receive an equal one-thirtieth share of the compensation reductions up to 10% and the excess above 10% is allocated in proportion to each team’s player payroll. The NBA also has a revenue sharing plan that generally requires the distribution of a pool of funds to teams with below-average net revenues (as defined in the plan), subject to reduction or elimination based on individual team market size and profitability. The plan is funded by a combination of disproportionate contributions from teams with above-average net revenues, subject to certain profit-based limits (each as defined in the plan); 50% of aggregate league-wide luxury tax proceeds; and collective league sources, if necessary. Additional amounts may also be distributed on a discretionary basis, funded by assessments on playoff ticket revenues and through collective league sources. The NHL CBA provides that each season the players receive as player compensation 50% of that season’s league-wide revenues. Because the aggregate amount to be paid to the players is based upon league-wide revenues and not on a team-by-team basis, the Company may pay its players a higher or lower percentage of the Rangers’ revenues than other NHL teams pay of their own revenues. In order to implement the escrow system, NHL teams withhold a portion of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation for a season exceeds the designated percentage (50%) of that season’s league-wide revenues, the excess is retained by the league. Any such excess funds are distributed to all teams in equal shares. The NHL CBA limits the amount of deductions to be withheld from player salaries each year. If annual excess deductions from player salaries are insufficient to limit league-wide player salaries to 50% of that season’s league-wide revenues, any shortfall will be carried forward to future seasons and remain due from the players to the league. The NHL CBA provides for a revenue sharing plan which generally requires the distribution of a pool of funds approximating 6.055% of league-wide revenues to certain qualifying lower-revenue teams. Under the NHL CBA, the pool is funded as follows: (a) 50% from contributions by the top ten revenue earning teams (based on preseason and regular season revenues) in accordance with a formula; (b) then from payments by teams participating in the playoffs, with each team contributing 35% of its gate receipts for each home playoff game (although this provision was waived for the 2020-21 season); and (c) the remainder from centrally-generated NHL sources. The Rangers are consistently among the top ten revenue teams and, accordingly, have consistently contributed to the top ten revenue teams component of the plan. The Company recognizes the amount of its estimated revenue sharing expense associated with the preseason and regular season, net of the amount the Company expects to receive from the escrow, on a straight-line basis over the applicable NBA and NHL seasons as a component of direct operating expenses. In years when the Knicks or the Rangers participate in the playoffs, the Company recognizes its estimate of the playoff revenue sharing contribution in the periods when the playoffs occur. As of June 30, 2022 and 2021, the Company had net revenue sharing liabilities, recorded within League-related accruals, of $64,717 and $28,860, respectively. In addition, as of June 30, 2022, the Company had receivable balances related to escrow and player compensation recoveries of $12,464 and $6,782, recorded in Accounts receivable, net and Other assets, respectively. As of June 30, 2021, the Company had receivable balances related to escrow and player compensation recoveries of $36,525 and $10,700, recorded in Accounts receivable, net and Other assets, respectively. League Assessments As members of the NBA and NHL, the Knicks and the Rangers, respectively, are also subject to annual league assessments. The governing bodies of each league determine the amount of each season’s league assessments that are required from each member team. The Company recognizes its teams’ estimated league assessments on a straight-line basis over the applicable NBA or NHL season. Arena License Expenses
Advertising Expenses	Advertising ExpensesAdvertising costs are typically charged to expense when incurred.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes . The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and changes in estimates with regard to uncertain tax positions. Deferred tax assets are subject to an ongoing assessment of realizability. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the realization of its deductible temporary differences. If such estimates and related assumptions change in the future, the Company may be required to record valuation allowances against its deferred tax assets, resulting in additional income tax expense in the Company’s consolidated statements of operations. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.
Share-based Compensation	Share-based Compensation The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the award. Share-based compensation cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award, except for restricted stock units granted to non-employee directors which, unless otherwise provided under the applicable award agreement, are fully vested, and are expensed at the grant date. The Company accounts for forfeitures as they occur. In addition, for the Company’s stock option awards, the Company applies the fair value recognition provisions of ASC Topic 718 Compensation — Stock Compensation . ASC Topic 718 requires companies to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The Company determines the fair value as of the grant date. For awards with graded vesting conditions, the values of the awards are determined by valuing all vesting tranches in the aggregate as one award using an average expected term. The Company determines its assumptions for option-pricing models in accordance with ASC Topic 718 and SEC Staff Accounting Bulletin (“SAB”) No. 107, Share-Based Payment based on the following: • The expected term of stock options is estimated using the simplified method. • The expected risk-free interest rate is based on the U.S. Treasury interest rate where the term is consistent with the expected term of the stock options. • The expected volatility is based on the historical volatility of the Company’s stock price. In December 2007, the SEC staff issued SAB No. 110, Certain Assumptions Used In Valuation Methods — Expected Term . SAB No. 110 allows companies to continue to use the simplified method, as defined in SAB No. 107, to estimate the expected term of stock options under certain circumstances. The simplified method for estimating expected term uses the mid-point between the vesting term and the contractual term of the stock option. The Company has analyzed the circumstances in which the use of the simplified method is allowed. The Company has opted to use the simplified method for stock options the Company granted in fiscal year 2019 because management believes that the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term.
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share Basic earnings (loss) per common share (“EPS”) attributable to the Company’s common stockholders is based upon net income (loss) attributable to the Company’s common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the effect of the assumed vesting of restricted stock units and exercise of stock options (see Note 15) only in the periods in which such effect would have been dilutive. For the periods when a net loss is reported, the computation of diluted EPS equals the basic EPS calculation since common stock equivalents were antidilutive due to losses from continuing operations. Holders of Class A Common Stock and Class B Common Stock are entitled to receive dividends equally on a per-share basis if and when such dividends are declared. As the holders of Class A and Class B common stock are entitled to identical dividend and liquidation rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net earnings (loss) per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers the balance of its investment in funds that substantially hold highly liquid securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or is at fair value. Checks outstanding in excess of related book balances are included in accounts payable in the accompanying consolidated balance sheets. The Company presents the change in these book cash overdrafts as cash flows from operating activities.
Restricted Cash	Restricted Cash The Company’s restricted cash includes cash deposited in escrow accounts and, prior to the December 2021 credit facility amendments described below, cash required to be held under the Company’s revolving credit facilities. Cash is required to be withheld from player salaries and deposited in an escrow account which is in the name of the Company pursuant to the NHL CBA. That escrow account will be distributed to the players and NHL teams based on the provisions of the NHL CBA. See Note 13 for more information related to the Company’s revolving credit facilities. The carrying amount of restricted cash approximates fair value due to the short-term maturity of these instruments. Changes in restricted cash are reflected on the accompanying consolidated statement of cash flows in accordance with ASU No. 2016-18, Statement of Cash Flows (Topic 230) , which is included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Company’s consolidated statements of cash flows.
Accounts Receivable	Accounts ReceivableAccounts receivable are recorded net of the allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts to reserve for expected credit losses. The allowance for doubtful accounts is estimated based on the Company’s analysis of receivables aging, historical experience, as well as current and expected economic conditions and industry trends. The Company had no allowance for doubtful accounts as of June 30, 2022 and 2021.
Long Lived and Indefinite Lived Assets	Long-Lived and Indefinite-Lived Assets The Company’s long-lived and indefinite-lived assets consist of property and equipment, right-of-use (“ROU”) assets, goodwill, indefinite-lived intangible assets and amortizable intangible assets. Property and equipment is stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to leasehold improvements, amortized over the shorter of the lease term or the asset’s estimated useful life. The useful lives of the Company’s long-lived assets are based on estimates of the period over which the Company expects the assets to be of economic benefit to the Company. In estimating the useful lives, the Company considers factors such as, but not limited to, risk of obsolescence, anticipated use, plans of the Company, and applicable laws and permit requirements. Identifiable intangible assets with finite useful lives are amortized on a straight-line basis over their respective estimated useful lives. Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized. Impairment of Long-Lived and Indefinite-Lived Assets In assessing the recoverability of the Company’s long-lived and indefinite-lived assets, the Company must make estimates and assumptions regarding future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized as well as the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve significant uncertainties and judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. If these estimates or material related assumptions change in the future, the Company may be required to record impairment charges related to its long-lived and/or indefinite-lived assets. Goodwill is tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. If the Company can support the conclusion that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company would not need to perform a quantitative impairment test for that reporting unit. If the Company cannot support such a conclusion or the Company does not elect to perform the qualitative assessment, the first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The Company generally determines the fair value of a reporting unit using an income approach, such as the discounted cash flow method, in instances when it does not perform the qualitative assessment of goodwill. Subsequent to the adoption of ASU No. 2017-04 in the third quarter of fiscal year 2020, the amount of an impairment loss is measured as the amount by which a reporting unit’s carrying value exceeds its fair value determined in step one, not to exceed the carrying amount of goodwill. Prior to the adoption of ASU No. 2017-04, if the carrying amount of a reporting unit exceeded its fair value, the second step of the goodwill impairment test was performed to measure the amount of impairment loss, if any. The second step of the goodwill impairment test compared the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeded the implied fair value of that goodwill, an impairment loss was recognized in an amount equal to that excess. The implied fair value of goodwill was determined in the same manner as the amount of goodwill that would be recognized in a business combination. The Company performs its goodwill impairment test at the reporting unit level, which is the same as or one level below the operating segment level. Subsequent to the MSGE Distribution Date, the Company has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes. Identifiable indefinite-lived intangible assets are tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or substantive changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. In the qualitative assessment, the Company must evaluate the totality of qualitative factors, including any recent fair value measurements, that impact whether an indefinite-lived intangible asset other than goodwill has a carrying amount that more likely than not exceeds its fair value. The Company must proceed to conducting a quantitative analysis if the Company (i) determines that such an impairment is more likely than not to exist, or (ii) foregoes the qualitative assessment entirely. Under the quantitative assessment, the impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, then an impairment loss is recognized in an amount equal to that excess. The Company generally determines the fair value of an indefinite-lived intangible asset using an income approach, such as the relief from royalty method, in instances when it does not perform the qualitative assessment of the intangible asset. For other long-lived assets, including right-of-use lease assets and intangible assets that are amortized, the Company evaluates assets for recoverability when there is an indication of potential impairment. If the undiscounted cash flows from a group of assets being evaluated is less than the carrying value of that group of assets, the fair value of the asset group is determined and the carrying value of the asset group is written down to fair value. The Company generally determines the fair value of a finite-lived intangible asset using an income approach, such as the discounted cash flow method. Investments in Equity Securities The Company has equity investments with and without readily determinable fair values. The Company measures equity investments without readily determinable fair values at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Changes in observable price are reflected within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. For equity investments with readily determinable fair values, changes in the fair value of those investments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The Company recognizes the value of the equity investments within Other assets in the accompanying consolidated balance sheets.
Contingencies and Contingent Consideration	Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.
Defined Benefit Pension Plans and Other Postretirement Benefit Plan	Defined Benefit Pension Plans and Postretirement Benefit Plans As more fully described in Note 14, prior to the MSGE Distribution the Company had both funded and unfunded defined benefit plans, as well as a contributory postretirement benefit plan, covering certain full-time employees and retirees. Currently, the Company has unfunded defined benefit plans. The expense recognized by the Company is determined using certain assumptions, including discount rates, among others, and prior to the MSGE Distribution, the expected long-term rate of return. The Company recognizes the benefit obligation of its defined benefit pension plans (other than multiemployer plans) as a liability in the consolidated balance sheets and recognizes changes in the benefit obligation in the year in which the changes occur through other comprehensive income (loss).
Fair Value Measurement	Fair Value Measurements The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I — Quoted prices for identical instruments in active markets. • Level II — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III — Instruments whose significant value drivers are unobservable.
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. This ASU eliminates certain exceptions to the general approach in ASC Topic 740 and includes methods of simplification to the existing guidance. The Company adopted this standard as of the beginning of fiscal year 2022, and the adoption did not have a material impact on its consolidated financial statements.
Discontinued Operations	As permitted under ASU 2014-08, the Company has elected not to adjust the consolidated statement of cash flows for the fiscal year ended June 30, 2020 to exclude cash flows attributable to discontinued operations.
Operating Leases	The Company’s leases primarily consist of the lease of the Company’s corporate offices under the Sublease Agreement with MSG Entertainment (the “Sublease Agreement”) for the Company’s principal executive offices at Two Pennsylvania Plaza in New York and the lease of CLG Performance Center. In addition, the Company accounts for the rights of use of The Garden pursuant to the Arena License Agreements as leases under the ASC Topic 842, Leases . The Company determines whether an arrangement contains a lease at the inception of the arrangement. If a lease is determined to exist, the lease term is assessed based on the date when the underlying asset is made available for the Company’s use by the lessor. The Company’s assessment of the lease term reflects the non-cancelable term of the lease, inclusive of any rent-free periods and/or periods covered by early-termination options which the Company is reasonably certain not to exercise, as well as periods covered by renewal options which the Company is reasonably certain of exercising. The Company also determines lease classification as either operating or finance at lease commencement, which governs the pattern of expense recognition and the presentation reflected in the consolidated statements of operations over the lease term. For leases with a term exceeding 12 months, a lease liability is recorded on the Company’s consolidated balance sheet at lease commencement reflecting the present value of the fixed minimum payment obligations over the lease term. A corresponding ROU asset equal to the initial lease liability is also recorded, adjusted for any prepaid rent and/or initial direct costs incurred in connection with execution of the lease and reduced by any lease incentives received. The Company includes fixed payment obligations related to non-lease components in the measurement of ROU assets and lease liabilities, as the Company has elected to account for lease and non-lease components together as a single lease component. ROU assets associated with finance leases are presented separate from operating lease ROU assets and are included within Property and equipment, net on the Company’s consolidated balance sheets. For purposes of measuring the present value of the Company’s fixed payment obligations for a given lease, the Company uses its incremental borrowing rate, determined based on information available at lease commencement, as rates implicit in the underlying leasing arrangements are typically not readily determinable. The Company’s incremental borrowing rate reflects the rate it would pay to borrow on a secured basis and incorporates the term and economic environment surrounding the associated lease.
Executive Deferred Compensation Plan	Amounts deferred and invested by employees under the Deferred Compensation Plan are placed in an irrevocable trust established by the Company and all assets of the trust are subject to the creditors of the Company in the event of insolvency. In accordance with ASC Topic 710, Compensation – General (“ASC Topic 710”), the assets of the trust are consolidated with the accounts of the Company and are recognized in the Company’s consolidated balance sheet. In accordance with ASC Topic 710, the Company remeasures the deferred compensation liability, with a charge (or credit) to compensation cost in the Company’s consolidated statements of operations, to reflect changes in the fair value of the assets owed to the participants of the Deferred Compensation Plan. The Company remeasures the fair value of the assets held in trust in accordance with ASC Topic 321, Investments – Equity Securities

Discontinued Operations (Tables

Discontinued Operations (Tables)	12 Months Ended
	Jun. 30, 2022
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations Information	The table below sets forth, for the fiscal year ended June 30, 2020, operating results of discontinued operations. Amounts presented below differ from historically reported results for the MSG Entertainment business segment due to reclassifications and adjustments made for purposes of discontinued operations. Year Ended June 30, 2020 Revenues $ 669,096 Direct operating expenses 408,413 Selling, general and administrative expenses 206,524 Depreciation and amortization 75,822 Impairment of intangibles, long-lived assets and goodwill 102,211 Operating loss (123,874) Other income (expense): Loss in equity method investments (3,901) Interest income 16,754 Interest expense (3,570) Miscellaneous expense, net (3,863) Loss from discontinued operations before income taxes (118,454) Income tax benefit 28,232 Net loss from discontinued operations (90,222) Less: Net loss attributable to redeemable noncontrolling interests (24,013) Less: Net loss attributable to nonredeemable noncontrolling interests (120) Net loss from discontinued operations attributable to Madison Square Garden Sports Corp.’s stockholders $ (66,089) Year Ended June 30, 2020 Non-cash items included in net loss: Depreciation and amortization $ 75,822 Impairment of intangibles, long-lived assets and goodwill 102,211 Share-based compensation expense 8,303 Cash flows from investing activities: Capital expenditures $ 346,488 Non-cash investing activities: Non-cash acquisition of additional redeemable noncontrolling interests $ 37,715 Capital expenditures incurred but not yet paid 104,137

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Jun. 30, 2022
Revenue Recognition [Abstract]
Disaggregation of Revenue	The following table disaggregates the Company’s revenues by type of goods or services in accordance with the disclosure requirements per FASB ASC Subtopic 280-10-50-38 to 40 and the disaggregation of revenue required disclosures in accordance with ASC Subtopic 606-10-50-5 for the years ended June 30, 2022, 2021 and 2020: Years Ended June 30, 2022 2021 2020 Event-related (a) $ 331,807 $ 28,511 $ 235,605 Media rights (b) 275,637 285,059 190,824 Sponsorship, signage and suite licenses 172,813 52,931 139,414 League distributions and other 41,097 49,220 37,476 Total revenues from contracts with customers $ 821,354 $ 415,721 $ 603,319 _________________ (a) Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden. (b) Consists of (i) local media rights fees from MSG Networks, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees.
Contract with Customer	The following table provides information about contract balances from the Company’s contracts with customers as of June 30, 2022, 2021 and 2020. June 30, June 30, June 30, 2022 2021 2020 Receivables from contracts with customers, net (a) $ 24,729 $ 30,834 $ 8,035 Contract assets, current (b) 13,839 9,604 4,112 Deferred revenue, including non-current portion (c) (d) 163,491 162,628 128,362 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of June 30, 2022, 2021 and 2020 the Company’s receivables from contracts with customers above included $1,258, $213 and $632, respectively, related to various related parties. See Note 17 for further details on these related party arrangements. Receivables from contracts with customers, net, excludes amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow and luxury tax payments. (b) Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue, including non-current portion primarily relates to the Company’s receipt of consideration from customers or billing customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. The non-current portion of deferred revenue primarily consists of a $30,000 receipt from the NBA in December 2020 of league distributions in advance of the Company’s recognition. The Company’s deferred revenue with MSG Networks was $0, $260 and $0 as of June 30, 2022, 2021 and 2020, respectively. (d) Revenue recognized for the year ended June 30, 2022 relating to the deferred revenue balance as of July 1, 2021 was $121,271. Revenue recognized for the year ended June 30, 2021 relating to the deferred revenue balance as of July 1, 2020 was $58,611.
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction	The following table depicts the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2022. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks, league-wide national and international television contracts, and certain other arrangements with variable consideration. Fiscal year ending June 30, 2023 $ 118,819 Fiscal year ending June 30, 2024 95,647 Fiscal year ending June 30, 2025 60,686 Fiscal year ending June 30, 2026 42,069 Fiscal year ending June 30, 2027 18,546 Thereafter 23,057 $ 358,824

Computation of Earnings (Loss_2

Computation of Earnings (Loss) per Common Share (Tables)	12 Months Ended
	Jun. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) per Share	The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings (loss) per common share attributable to the Company’s stockholders (“EPS”) and the number of shares excluded from diluted earnings (loss) per common share, as they were anti-dilutive. Years Ended June 30, 2022 2021 2020 Weighted-average shares (denominator): Weighted-average shares for basic EPS 24,246 24,129 23,942 Dilutive effect of shares issuable under share-based compensation plans 159 — — Weighted-average shares for diluted EPS 24,405 24,129 23,942 Weighted-average shares excluded from diluted earnings (loss) per share — 315 583

Cash, Cash Equivalent and Res_2

Cash, Cash Equivalent and Restricted Cash (Tables)	12 Months Ended
	Jun. 30, 2022
Cash and Cash Equivalents [Abstract]
Restrictions on Cash and Cash Equivalents [Table Text Block]	The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of June 30, June 30, June 30, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 91,018 $ 64,902 $ 77,852 $ 4,317 Restricted cash (a) — 7,134 12,821 21,519 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 91,018 $ 72,036 $ 90,673 $ 25,836 _________________ (a) See Note 2 for more information regarding the nature of restricted cash.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Jun. 30, 2022
Leases [Abstract]
Supplemental Balance Sheet Information	The following table summarizes the ROU assets and lease liabilities recorded on the Company’s consolidated balance sheet as of June 30, 2022 and 2021: Line Item in the Company’s Consolidated Balance Sheet June 30, 2022 June 30, 2021 Right-of-use assets: Operating leases Right-of-use lease assets $ 686,782 $ 703,521 Lease liabilities: Operating leases, current (a) Operating lease liabilities, current 43,699 41,951 Operating leases, noncurrent (a) Operating lease liabilities, noncurrent 699,587 691,152 Total lease liabilities $ 743,286 $ 733,103 —————— (a) As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment. As of June 30, 2021, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $41,541 and $690,792, respectively, that are payable to MSG Entertainment.
Supplemental Income Statement Information	The following table summarizes the activity recorded within the Company’s consolidated statement of operations for the years ended June 30, 2022, 2021, and 2020: Years Ended June 30, Line Item in the Company’s Consolidated Statement of Operations 2022 2021 2020 Operating lease cost Direct operating expenses $ 68,311 $ 35,801 $ 341 Operating lease cost Selling, general and administrative expenses 2,450 2,444 593 Short-term lease cost Direct operating expenses 161 122 138 Variable lease cost (a) Direct operating expenses — 1,209 — Total lease cost $ 70,922 $ 39,576 $ 1,072 —————— (a) As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments to MSG Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs.
Lease Maturity	Maturities of operating lease liabilities as of June 30, 2022 are as follows: Fiscal year ending June 30, 2023 $ 45,341 Fiscal year ending June 30, 2024 45,361 Fiscal year ending June 30, 2025 44,900 Fiscal year ending June 30, 2026 45,374 Fiscal year ending June 30, 2027 46,735 Thereafter 2,066,577 Total lease payments 2,294,288 Less imputed interest (1,551,002) Total lease liabilities $ 743,286

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Jun. 30, 2022
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	As of June 30, 2022 and 2021, property and equipment consisted of the following assets: June 30, June 30, Estimated Useful Lives Land $ 5,153 $ 5,153 Buildings 51,444 53,822 Up to 45 years Equipment 21,042 18,239 1 year to 20 years Furniture and fixtures 786 291 4 years to 10 years Leasehold improvements 1,072 653 Shorter of term of lease or life of improvement Construction in progress 189 231 79,686 78,389 Less accumulated depreciation and amortization (46,794) (42,673) $ 32,892 $ 35,716

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Indefinite-Lived Intangible Assets	The Company’s indefinite-lived intangible assets as of June 30, 2022 and 2021 are as follows: June 30, June 30, Sports franchises $ 111,064 $ 111,064 Photographic related rights 1,080 1,080 $ 112,144 $ 112,144
Schedule of Intangible Assets Subject to Amortization	The Company’s intangible assets subject to amortization are as follows: June 30, 2022 Estimated Useful Lives Gross Accumulated Net Trade names 5 years $ 2,300 $ (2,262) $ 38 Non-compete agreements 5 years 2,400 (2,360) 40 Other intangibles 3 years to 9.75 years 1,200 (642) 558 $ 5,900 $ (5,264) $ 636 June 30, 2021 Gross Accumulated Net Trade names $ 2,300 $ (1,802) $ 498 Non-compete agreements 2,400 (1,880) 520 Other intangibles 1,200 (523) 677 $ 5,900 $ (4,205) $ 1,695
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense	The Company expects its aggregate annual amortization expense for existing intangible assets subject to amortization for each fiscal year from 2023 through 2027 to be as follows: Fiscal year ending June 30, 2023 $ 195 Fiscal year ending June 30, 2024 115 Fiscal year ending June 30, 2025 115 Fiscal year ending June 30, 2026 115 Fiscal year ending June 30, 2027 96

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Jun. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Financial Instruments	The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: June 30, 2022 June 30, 2021 Carrying Fair Carrying Fair Liabilities Debt, current (a) $ 30,000 $ 30,000 $ 30,000 $ 30,000 Long-term debt (b) $ 220,000 $ 220,000 $ 355,000 $ 355,000 _________________ (a) The Company’s debt, current is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. The fair value of the Company’s debt, current is the same as its carrying amount as the advance bears interest at a variable rate indexed to current market conditions. See Note 13 for further details.
Fair Value, Assets Measured on Recurring Basis	The following table presents the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents: Fair Value Hierarchy June 30, 2022 2021 Assets: Money market accounts I $ 26,018 $ 33,820 Time deposit I 56,082 5,000 Equity investments I 2,736 — Total assets measured at fair value $ 84,836 $ 38,820

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Jun. 30, 2022
Commitments and Contingencies Disclosure [Abstract]
Other Commitments	As of June 30, 2022, future cash payments required under contracts entered into by the Company in the normal course of business in excess of one year are as follows: Off-Balance Sheet Commitments (a) Contractual (b) Total (c) Fiscal year ending June 30, 2023 $ 176,289 $ 83,158 $ 259,447 Fiscal year ending June 30, 2024 170,004 11,924 181,928 Fiscal year ending June 30, 2025 116,444 5,361 121,805 Fiscal year ending June 30, 2026 52,663 2,671 55,334 Fiscal year ending June 30, 2027 23,529 1,978 25,507 Thereafter 38,396 6,760 45,156 $ 577,325 $ 111,852 $ 689,177 _________________ (a) Consist principally of the Company’s obligations under employment agreements that the Company has with its professional sports teams’ personnel that are generally guaranteed regardless of employee injury or termination. (b) Consist primarily of amounts earned under employment agreements that the Company has with certain of its professional sports teams’ personnel. (c) Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 14 for further information on the Company’s pension obligations. In addition, see Note 8 for information on the contractual obligations related to future lease payments, which are reflected on the consolidated balance sheet as lease liabilities as of June 30, 2022.

Debt (Tables)

Debt (Tables)	12 Months Ended
	Jun. 30, 2022
Debt [Abstract]
Schedule of Deferred Financing Costs	The following table summarizes deferred financing costs, net of amortization, related to the Company’s credit facilities as reported on the accompanying consolidated balance sheets: June 30, 2022 (a) June 30, Other current assets $ 1,145 $ 1,759 Other assets 3,954 2,345 (a) In connection with the 2021 Knicks Revolving Credit Facility and 2021 Rangers Revolving Credit Facility, the Company incurred $2,836 in deferred financing costs during the year ended June 30, 2022.

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Jun. 30, 2022
Retirement Benefits [Abstract]
Schedule of Net Funded Status	The following table summarizes the projected benefit obligations, assets, and the amounts recorded on the Company’s consolidated balance sheets as of June 30, 2022 and 2021, associated with the MSGS Pension Plans based upon actuarial valuations as of those measurement dates. June 30, 2022 2021 Change in benefit obligation: Benefit obligation at beginning of period $ 9,600 $ 10,057 Interest cost 123 145 Actuarial loss (gain) (1,078) 38 Benefits paid (248) (312) Plan settlements paid (83) (328) Benefit obligation at end of period $ 8,314 $ 9,600
Schedule of Amounts Recognized in Balance Sheet	Amounts recognized in the consolidated balance sheets as of June 30, 2022 and 2021 consist of: June 30, 2022 2021 Current liabilities (included in accrued employee related costs) $ (3,309) $ (3,317) Non-current liabilities (included in Defined benefit obligations) (5,005) (6,283) $ (8,314) $ (9,600)
Schedule of Net Periodic Benefit Cost Not yet Recognized	Accumulated other comprehensive loss, before income tax, as of June 30, 2022 and 2021 consists of the following amounts that have not yet been recognized in net periodic benefit cost: June 30, 2022 2021 Actuarial loss $ (807) $ (2,027)
Schedule of Net Periodic Benefit Cost	The following table presents components of net periodic benefit cost for the MSGE Pension Plans, MSGS Pension Plans and Postretirement Plan included in the accompanying consolidated statements of operations for the years ended June 30, 2022, 2021 and 2020. Service cost is recognized in direct operating expenses and selling, general and administrative expenses. All other components of net periodic benefit cost are reported in Miscellaneous income (expense), net. MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Service cost $ — $ — $ 75 $ — $ — $ 44 Interest cost 123 145 4,285 — — 86 Expected return on plan assets — — (4,240) — — — Recognized actuarial loss 133 103 930 — — 5 Settlement loss recognized (a) 9 47 67 — — — Net periodic benefit cost $ 265 $ 295 $ 1,117 $ — $ — $ 135 _________________ (a) For the years ended June 30, 2022, 2021 and 2020, lump-sum payments totaling $83, $328 and $551, respectively, were distributed to vested participants of the non-qualified excess cash balance plan, triggering the recognition of settlement losses in accordance with ASC Topic 715. Due to these pension settlements, the Company was required to remeasure its pension plan liability as of June 30, 2022, June 30, 2021, and March 31, 2020 for the years ended June 30, 2022, 2021 and 2020, respectively. Discount rates used for the projected benefit obligation and interest cost were 1.89% and 0.86% as of June 30, 2022, respectively, 1.73% and 0.91% as of June 30, 2021, respectively, and 3.21% and 2.55% as of June 30, 2020, respectively. Additionally, settlement charges of $9, $47 and $67 were recognized in Miscellaneous income (expense), net for the years ended June 30, 2022, 2021 and 2020, respectively. Amounts presented in the table above include net periodic benefit cost related to continuing operations and discontinued operations as noted in the following table: MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Continuing Operations $ 265 $ 295 $ 395 $ — $ — $ — Discontinued Operations — — 722 — — 135 Total net periodic benefit cost $ 265 $ 295 $ 1,117 $ — $ — $ 135
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	Other pre-tax changes in plan assets and benefit obligations recognized in other comprehensive income (loss) for the years ended June 30, 2022, 2021 and 2020 are as follows: MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Actuarial gain (loss), net $ 1,078 $ (38) $ (321) $ — $ — $ — Recognized actuarial loss 133 103 930 — — 5 Settlement loss recognized 9 47 67 — — — Transfer due to the MSGE Distribution — — 37,049 — — 749 Total recognized in other comprehensive income (loss) $ 1,220 $ 112 $ 37,725 $ — $ — $ 754
Schedule of Assumptions Used	Weighted-average assumptions used to determine benefit obligations (made at the end of the period) as of June 30, 2022 and 2021 are as follows: June 30, 2022 2021 Discount rate 4.60 % 2.35 % Interest crediting rate 2.76 % 2.32 % Weighted-average assumptions used to determine net periodic benefit cost (made at the beginning of the period) for the years ended June 30, 2022, 2021 and 2020 are as follows: MSGE Pension Plans & MSGS Pension Plans Postretirement Plan Years Ended June 30, Years Ended June 30, 2022 2021 2020 2022 2021 2020 Discount rate - projected benefit obligation 2.35 % 2.35 % 3.58 % n/a n/a 3.18 % Discount rate - service cost n/a n/a 3.78 % n/a n/a 3.45 % Discount rate - interest cost 1.84 % 1.84 % 3.10 % n/a n/a 2.84 % Expected long-term return on plan assets n/a n/a 5.52 % n/a n/a n/a Healthcare cost trend rate assumed for next year n/a n/a n/a n/a n/a 6.75 % Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) n/a n/a n/a n/a n/a 5.00 % Year that the rate reaches the ultimate trend rate n/a n/a n/a n/a n/a 2027
Schedule of Expected Benefit Payments	The following table presents estimated future fiscal year benefit payments for the MSGS Pension Plans: Fiscal year ending June 30, 2023 $ 3,361 Fiscal year ending June 30, 2024 520 Fiscal year ending June 30, 2025 568 Fiscal year ending June 30, 2026 544 Fiscal year ending June 30, 2027 451 Fiscal years ending June 30, 2028 – 2032 1,998
Expenses Related to Savings Plans	Expenses related to the Savings Plans that are included in the accompanying consolidated statements of operations for the years ended June 30, 2022, 2021 and 2020 are as follows: Years Ended June 30, 2022 2021 2020 Continuing Operations $ 4,956 $ 2,310 $ 4,674 Discontinued Operations — — 1,411 Total Savings Plan Expenses $ 4,956 $ 2,310 $ 6,085
Schedule of Multiemployer Plans	The following table outlines the Company’s participation in multiemployer defined benefit pension plans for the years ended June 30, 2022, 2021 and 2020, and summarizes the contributions that the Company has made during each period. The “EIN” and “Pension Plan Number” columns provide the Employer Identification Number and the three-digit plan number for each applicable plan. The most recent Pension Protection Act zone status available as of June 30, 2022 and 2021 relates to the plan’s two most recent years ended which are indicated. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The “FIP/RP Status Pending/Implemented” column indicates whether a funding improvement plan (“FIP”) for yellow/orange zone plans or a rehabilitation plan (“RP”) for red zone plans is either pending or has been implemented by the trustees of such plan. The zone status and any FIP or RP information is based on information that the Company received from the plan, and the zone status is as certified by the plan’s actuary. The last column lists the expiration date(s) or a range of expiration dates of the CBA to which the plans are subject. There are no other significant changes that affect such comparability. PPA Zone Status FIP/RP Status Pending / Implemented MSG Sports As of June 30, Years Ended June 30, Plan Name EIN Pension Plan Number 2022 2021 2022 2021 2020 Surcharge Imposed Expiration Date of CBA National Basketball Association Players’ Pension Plan 832172122 001 Yellow Yellow Implemented $ — $ 3,526 $ 3,780 No 6/2024 (with certain termination rights becoming effective 6/2023) as of as of 2/1/2021 2/1/2020 National Hockey League Players’ Retirement Benefit Plan 462555356 001 Green Green No 1,276 1,153 1,150 No 9/2026 as of as of 4/30/2021 4/30/2020 All Other Multiemployer Defined Benefit Pension Plans 373 371 398 $ 1,649 $ 5,050 $ 5,328

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
	Jun. 30, 2022
Share-Based Payment Arrangement [Abstract]
RSU and PSU Activity	The following table summarizes activity related to the Company’s RSUs and PSUs, held by the Company and MSG Entertainment employees, for the year ended June 30, 2022: Number of Weighted-Average Fair Value Per Share At Date of Grant (a) Nonperformance PSUs and Performance Unvested award balance as of June 30, 2021 264 220 $ 234.39 Granted 75 56 $ 162.09 Vested (140) (85) $ 254.96 Forfeited — (2) $ 186.90 Unvested award balance as of June 30, 2022 199 189 $ 198.21 _________________ (a) Weighted-average fair value per share at date of grant does not reflect any adjustment associated with the MSGE Distribution. See above for a discussion of the treatment of RSUs and PSUs in connection with the MSGE Distribution.
Stock Option Activity	The following table summarizes activity related to the Company’s stock options for the year ended June 30, 2022: Number of Weighted-Average Exercise Price Per Share (a) Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Time Vesting Options Balance as of June 30, 2021 94 $ 145.78 Granted — $ — Cancelled — $ — Balance as of June 30, 2022 94 $ 145.78 5.46 $ 490 Exercisable as of June 30, 2022 94 $ 145.78 5.46 $ 490 _________________ (a) Weighted-average exercise price per share does not reflect any adjustment associated with the MSGE Distribution. See above for a discussion of the treatment of options in connection with the MSGE Distribution.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jun. 30, 2022
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying consolidated statements of operations for the years ended June 30, 2022, 2021 and 2020: Years Ended June 30, 2022 2021 2020 Revenues $ 178,696 $ 147,029 $ 138,881 Operating expenses (credits): Corporate general and administrative expenses, net 41,080 38,491 1,154 Costs associated with the Sponsorship sales and service representation agreements 22,316 16,016 2,486 Costs associated with the Arena License Agreements 101,514 46,974 — Other operating expenses (credits), net 1,288 573 (337)

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) attributable to continuing operations is comprised of the following components: Years Ended June 30, 2022 2021 2020 Current expense (benefit): Federal $ — $ — $ (676) State and other 572 243 — 572 243 (676) Deferred expense (benefit): Federal 18,664 (21,096) 13,871 State and other 5,816 (52,568) 7,398 24,480 (73,664) 21,269 Income tax expense (benefit) $ 25,052 $ (73,421) $ 20,593
Schedule of Effective Income Tax Rate Reconciliation	The income tax expense (benefit) attributable to continuing operations differs from the amount derived by applying the statutory federal rate to pre-tax income principally due to the effect of the following items: Years Ended June 30, 2022 2021 2020 Federal tax expense (benefit) at statutory federal rate $ 15,525 $ (18,757) $ (20,590) State income taxes, net of federal benefit 8,763 (7,331) (7,332) Change in the estimated applicable tax rate used to determine deferred taxes (3,191) (896) 391 Federal tax credits — — (1,480) GAAP income of consolidated partnership attributable to non-controlling interests 473 408 492 Tax effect of indefinite-lived intangible amortization — — 204 Return to provision (2,476) — — Change in valuation allowance — (52,108) 46,310 Nondeductible officers’ compensation 5,156 4,081 4,287 Nondeductible disability insurance premiums expense 964 392 1,027 Other nondeductible expenses 379 862 762 Excess tax benefit related to shared based-payments awards (678) (72) (3,478) Other 137 — — Income tax expense (benefit) $ 25,052 $ (73,421) $ 20,593
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and liabilities at June 30, 2022 and 2021 are as follows: June 30, 2022 2021 Deferred tax asset: Net operating loss carryforwards $ 21,171 $ 39,175 Tax credit carryforwards 6,547 6,547 Accrued employee benefits 21,687 44,304 Accrued expenses 7,525 — Restricted stock units and stock options 6,348 6,603 Arena deferred rent adjustment 17,044 9,134 Deferred revenue accelerated for tax purposes 10,920 21,069 Other 7,240 — Total deferred tax assets $ 98,482 $ 126,832 Less valuation allowance — — Net deferred tax assets $ 98,482 $ 126,832 Deferred tax liabilities: Intangible and other assets $ (97,653) $ (102,675) Prepaid expenses (9,746) (7,767) Other — (447) Total deferred tax liabilities $ (107,399) $ (110,889) Net deferred tax (liability) asset $ (8,917) $ 15,943

Concentrations of Risk (Tables)

Concentrations of Risk (Tables)	12 Months Ended
	Jun. 30, 2022
Risks and Uncertainties [Abstract]
Schedule of Concentration Risk	The following individual non-related parties accounted for the following percentages of the Company’s consolidated receivable balances recorded in Accounts receivable, net and Other assets in the accompanying consolidated balance sheets: June 30, 2022 2021 Entity A 35 % 35 % Entity B 35 % 34 % Entity C — % 16 % The following individual non-related parties accounted for the following percentages of the Company’s consolidated revenue balances: Years Ended June 30, 2022 2021 2020 Entity B 14 % 32 % 13 % Entity A 3 % 12 % 1 %

Description of Business and B_2

Description of Business and Basis of Presentation (Details) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($) segment ticket center team $ / shares	Jun. 30, 2021 USD ($) $ / shares	Jun. 30, 2020 USD ($)	Apr. 17, 2020 USD ($)	Apr. 13, 2020 $ / shares	Jun. 30, 2019 USD ($)
Number of development league teams | team	2
Number of professional sports team performance centers | center	2
Number of reportable segments | segment	1
Cash and cash equivalents | $	$ 91,018	$ 64,902	$ 77,852			$ 4,317
Minimum
Ticket sales | ticket	15,000
Maximum
Ticket sales | ticket	16,500
MSG Entertainment
Cash and cash equivalents | $				$ 816,896
Class A Common Stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Class A Common Stock | MSG Entertainment
Common stock, par value (dollars per share)					$ 0.01
Distribution ratio				1	1
Class B Common Stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Class B Common Stock | MSG Entertainment
Common stock, par value (dollars per share)					$ 0.01
Distribution ratio					1

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Direct Operating Expenses-League) (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Other accrued liabilities
League Related [Line Items]
Net Revenue Sharing	$ 64,717	$ 28,860
Accounts receivable, net
League Related [Line Items]
Escrow and Player Compensation Recoveries	12,464	36,525
Other assets
League Related [Line Items]
Escrow and Player Compensation Recoveries	$ 6,782	$ 10,700

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Direct Operating Expenses) (Narrative) (Details) - MSG Entertainment	12 Months Ended
	Jun. 30, 2022
Arena License Agreements
Property, Plant and Equipment [Line Items]
License agreement term	35 years
NHL CBA
Property, Plant and Equipment [Line Items]
Possible CBA extension period	1 year

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Advertising Costs, Policy) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Accounting Policies [Abstract]
Advertising expense	$ 4,840	$ 2,291	$ 3,064

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Accounts Receivable) (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Accounting Policies [Abstract]
Allowance for doubtful accounts	$ 0	$ 0

Summary of Significant Accoun_7

Summary of Significant Accounting Policies (Long-Lived and Indefinite-Lived Assets) (Narrative) (Details)	12 Months Ended
	Jun. 30, 2022 segment reporting_unit
Accounting Policies [Abstract]
Number of operating segments	1
Number of reportable segments	1
Number of reporting units | reporting_unit	1

Discontinued Operations (Narrat

Discontinued Operations (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2020	Apr. 17, 2020	Apr. 16, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Share of suite license fees (percent)		67.50%	32.50%
Discontinued Operations, Disposed of by Means Other than Sale | MSG Entertainment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Gain (loss) recognized in connection with MSGE Distribution, pre-tax	$ 0
Gain (loss) recognized in connection with MSGE Distribution, after-tax	$ 0

Discontinued Operations (Operat

Discontinued Operations (Operating Results of Discontinued Operations) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss in equity method investments		$ (3,739)
Net loss from discontinued operations	$ 0	0	$ (90,222)
Less: Net loss attributable to redeemable noncontrolling interests	0	0	(24,013)
Less: Net loss attributable to nonredeemable noncontrolling interests	$ 0	0	(120)
MSG Entertainment | Discontinued Operations, Disposed of by Means Other than Sale
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenues			669,096
Direct operating expenses			408,413
Selling, general and administrative expenses			206,524
Depreciation and amortization			75,822
Impairment of intangibles, long-lived assets and goodwill		$ 102,211	102,211
Operating loss			(123,874)
Loss in equity method investments			(3,901)
Interest income			16,754
Interest expense			(3,570)
Miscellaneous expense, net			(3,863)
Loss from discontinued operations before income taxes			(118,454)
Income tax benefit			28,232
Net loss from discontinued operations			(90,222)
Less: Net loss attributable to redeemable noncontrolling interests			(24,013)
Less: Net loss attributable to nonredeemable noncontrolling interests			(120)
Net loss from discontinued operations attributable to Madison Square Garden Sports Corp.’s stockholders			$ (66,089)

Discontinued Operations (Cash F

Discontinued Operations (Cash Flow Statement) (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Non-cash items included in net loss:
Share-based compensation expense for discontinued operations			$ 8,303,000
Non-cash investing activities:
Non-cash acquisition of additional redeemable noncontrolling interests			(37,715,000)
Capital expenditures incurred but not yet paid	$ 128,000	$ 165,000	104,154,000
MSG Entertainment | Discontinued Operations, Disposed of by Means Other than Sale
Non-cash items included in net loss:
Depreciation and amortization		75,822,000
Impairment of intangibles, long-lived assets and goodwill		102,211,000	102,211,000
Share-based compensation expense for discontinued operations		8,303,000
Cash flows from investing activities:
Capital expenditures		346,488,000
Non-cash investing activities:
Non-cash acquisition of additional redeemable noncontrolling interests	$ 0	0	$ 37,715,000
Capital expenditures incurred but not yet paid		$ 104,137,000

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Apr. 17, 2020	Jun. 30, 2019
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and Cash Equivalents, at Carrying Value	$ 91,018	$ 64,902	$ 77,852		$ 4,317
MSG Entertainment
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash and Cash Equivalents, at Carrying Value				$ 816,896
Restricted cash				$ 10,180

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details)	Jun. 30, 2022
Knicks and Rangers | Event-Related, Food And Beverage
Disaggregation of Revenue [Line Items]
Percentage of net profits receivable	50%
MSG Entertainment | Knicks | Event-Related, Suite And Club Rental Revenue
Disaggregation of Revenue [Line Items]
Percentage of revenues receivable	35%
MSG Entertainment | Rangers | Event-Related, Suite And Club Rental Revenue
Disaggregation of Revenue [Line Items]
Percentage of revenues receivable	32.50%

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Disaggregation of Revenue [Line Items]
Revenues	[1]	$ 821,354	$ 415,721	$ 603,319
Event-related
Disaggregation of Revenue [Line Items]
Revenues	[2]	331,807	28,511	235,605
Media rights
Disaggregation of Revenue [Line Items]
Revenues	[3]	275,637	285,059	190,824
Sponsorship, signage and suite licenses
Disaggregation of Revenue [Line Items]
Revenues		172,813	52,931	139,414
League distributions and other
Disaggregation of Revenue [Line Items]
Revenues		$ 41,097	$ 49,220	$ 37,476
[1]Include revenues from related parties of $178,696, $147,029 and $138,881 for the years ended June 30, 2022, 2021 and 2020, respectively.[2]Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden.[3]Consists of (i) local media rights fees from MSG Networks, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees.

Revenue Recognition (Contract B

Revenue Recognition (Contract Balances) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Contract Balances [Line Items]
Contract with customer, deferred revenue, revenue recognized		$ 121,271	$ 58,611
Receivables from contracts with customer, net
Contract Balances [Line Items]
Contract with customer, asset	[1]	24,729	30,834	$ 8,035
Other current assets
Contract Balances [Line Items]
Contract with customer, asset	[2]	13,839	9,604	4,112
Deferred revenue, including non-current portion
Contract Balances [Line Items]
Contract with customer, liability	[3],[4]	163,491	162,628	128,362
Net related party receivables
Contract Balances [Line Items]
Contract with customer, asset		1,258	213	632
Deferred Revenue [Member] | MSG Networks
Contract Balances [Line Items]
Contract with customer, liability		0	$ 260	$ 0
Deferred Revenue [Member] | NBA
Contract Balances [Line Items]
Contract with customer, liability		$ 30,000
[1]Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of June 30, 2022, 2021 and 2020 the Company’s receivables from contracts with customers above included $1,258, $213 and $632, respectively, related to various related parties. See Note 17 for further details on these related party arrangements. Receivables from contracts with customers, net, excludes amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow and luxury tax payments.[2]Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional.[3]Deferred revenue, including non-current portion primarily relates to the Company’s receipt of consideration from customers or billing customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. The non-current portion of deferred revenue primarily consists of a $30,000 receipt from the NBA in December 2020 of league distributions in advance of the Company’s recognition. The Company’s deferred revenue with MSG Networks was $0, $260 and $0 as of June 30, 2022, 2021 and 2020, respectively.[4]Revenue recognized for the year ended June 30, 2022 relating to the deferred revenue balance as of July 1, 2021 was $121,271. Revenue recognized for the year ended June 30, 2021 relating to the deferred revenue balance as of July 1, 2020 was $58,611.

Revenue Recognition (Remaining

Revenue Recognition (Remaining Performance Obligation) (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Revenue Recognition [Abstract]
Remaining performance obligation	$ 358,824
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-07-01
Revenue Recognition [Abstract]
Remaining performance obligation	$ 118,819
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period (years)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue Recognition [Abstract]
Remaining performance obligation	$ 95,647
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period (years)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue Recognition [Abstract]
Remaining performance obligation	$ 60,686
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period (years)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-07-01
Revenue Recognition [Abstract]
Remaining performance obligation	$ 42,069
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period (years)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-07-01
Revenue Recognition [Abstract]
Remaining performance obligation	$ 18,546
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period (years)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-07-01
Revenue Recognition [Abstract]
Remaining performance obligation	$ 23,057
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation period (years)	1 year

Computation of Earnings (Loss_3

Computation of Earnings (Loss) per Common Share (Details) - shares shares in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Earnings Per Share [Abstract]
Weighted-average shares for basic EPS	24,246	24,129	23,942
Dilutive effect of shares issuable under share-based compensation plans	159	0	0
Weighted-average shares for diluted EPS	24,405	24,129	23,942
Weighted-average shares excluded from diluted earnings (loss) per share	0	315	583

Team Personnel Transactions (De

Team Personnel Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Team Personnel Transactions [Abstract]
Provisions for team personnel transactions	$ 737	$ 44,242	$ 33,690

Cash, Cash Equivalent and Res_3

Cash, Cash Equivalent and Restricted Cash (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents		$ 91,018	$ 64,902	$ 77,852	$ 4,317
Restricted cash	[1]	0	7,134	12,821	21,519
Cash, cash equivalents and restricted cash on the consolidated statements of cash flows		$ 91,018	$ 72,036	$ 90,673	$ 25,836
[1]See Note 2 for more information regarding the nature of restricted cash.

Leases (Details)

Leases (Details)	12 Months Ended
	Jun. 30, 2022 USD ($) ticket	Jun. 30, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Non-cash additions to ROU and lease liabilities	$ 1,244,000
Description of option to extend	In certain instances, leases include options to renew, with varying option terms. The exercise of lease renewal, if available under the lease options, is generally at the Company’s discretion and is considered in the Company’s assessment of the respective lease term.
Description of guarantees or covenants	The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants.
Operating lease payments	$ 43,846,000	$ 10,016,000
Weighted average remaining lease term (years)	32 years 8 months 12 days	33 years 8 months 12 days
Weighted average discount rate (percent)	7.13%	7.13%
Assumption and judgments, discount rate, description	the Company’s estimated incremental borrowing rate, assuming a secured borrowing, based on the remaining lease term at the time of either (i) adoption of the standard or (ii) the period in which the lease term expectation commenced or was modified
Knicks
Lessee, Lease, Description [Line Items]
Operating Lease, Lease Income, Lease Payments		$ 22,500
Rangers
Lessee, Lease, Description [Line Items]
Operating Lease, Lease Income, Lease Payments		$ 16,700
Arena Leases
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Variable Lease Payment, Terms and Conditions	As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments to MSG Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs. Costs associated with such payments were considered variable lease costs for the year ended June 30, 2021. Effective July 1, 2021, the Company began paying license fees to MSG Entertainment under the Arena License Agreements in their full contractual amounts.
Arena Leases | MSG Entertainment
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Description	in connection with the MSGE Distribution we entered into long term leases with MSG Entertainment through June 30, 2055 and allow the Knicks and the Rangers to play their home games at The Garden. The Arena License Agreements provide for fixed payments to be made from inception through June 30, 2055 in 12 equal installments during each year of the contractual term. The contracted license fee for the first full contract year ended June 30, 2021 was approximately $22,500 for the Knicks and approximately $16,700 for the Rangers, and then for each subsequent year, the license fees are 103% of the license fees for the immediately preceding contract year
Minimum
Lessee, Lease, Description [Line Items]
Ticket sales | ticket	15,000
Lessee, Operating Lease, Remaining Lease Term	2 months
Maximum
Lessee, Lease, Description [Line Items]
Ticket sales | ticket	16,500
Lessee, Operating Lease, Remaining Lease Term	33 years

Leases (Balance Sheet Informati

Leases (Balance Sheet Information) (Details) - USD ($) $ in Thousands		Jun. 30, 2022	Jun. 30, 2021
Lessee, Lease, Description [Line Items]
Right-of-use lease assets		$ 686,782	$ 703,521
Operating lease liabilities, current		43,699	41,951
Operating lease liabilities, noncurrent		699,587	691,152
Total lease liabilities		743,286	733,103
MSG Entertainment
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current		43,028	41,541
Operating lease liabilities, noncurrent		699,587	690,792
Right-of-use lease assets
Lessee, Lease, Description [Line Items]
Right-of-use lease assets		686,782	703,521
Operating lease liabilities, current
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current	[1]	43,699	41,951
Operating lease liabilities, noncurrent
Lessee, Lease, Description [Line Items]
Operating lease liabilities, noncurrent	[1]	$ 699,587	$ 691,152
[1]As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment. As of June 30, 2021, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $41,541 and $690,792, respectively, that are payable to MSG Entertainment.

Leases (Income Statement Inform

Leases (Income Statement Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2020
Lessee, Lease, Description [Line Items]
Lease, Cost	$ 70,922		$ 39,576		$ 1,072
Direct operating expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	68,311		35,801		341
Short-term lease cost	161		122		138
Variable Lease, Cost	0	[1]	1,209	[1]	0
Selling, general and administrative expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 2,450		$ 2,444		$ 593
[1]As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments to MSG Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs.

Leases (Lease Maturities) (Deta

Leases (Lease Maturities) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Leases [Abstract]
Fiscal year ending June 30, 2023	$ 45,341
Fiscal year ending June 30, 2024	45,361
Fiscal year ending June 30, 2025	44,900
Fiscal year ending June 30, 2026	45,374
Fiscal year ending June 30, 2027	46,735
Thereafter	2,066,577
Total lease payments	2,294,288
Less imputed interest	(1,551,002)
Total lease liabilities	$ 743,286	$ 733,103
Weighted average remaining lease term (years)	32 years 8 months 12 days	33 years 8 months 12 days

Property and Equipment (Schedul

Property and Equipment (Schedule of Property, Plant and Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 79,686	$ 78,389
Less accumulated depreciation and amortization	(46,794)	(42,673)
Property and equipment, net	32,892	35,716
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,153	5,153
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 51,444	53,822
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	45 years
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 21,042	18,239
Equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	1 year
Equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	20 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 786	291
Furniture and fixtures | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	4 years
Furniture and fixtures | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	10 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 1,072	653
Estimated useful life	Shorter of term of lease or life of improvement
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 189	$ 231

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 3,982	$ 4,515	$ 13,979

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2021	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 0
Goodwill		$ 226,955	$ 226,955
Impairment of indefinite-lived intangible assets	$ 0
Amortization of finite-lived intangible assets		$ 1,059	$ 1,059	$ 3,561

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	$ 112,144	$ 112,144
Sports franchises
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	111,064	111,064
Photographic related rights
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	$ 1,080	$ 1,080

Goodwill and Intangible Asset_4

Goodwill and Intangible Assets (Schedule of Intangible Assets Subject To Amortization) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Gross	$ 5,900	$ 5,900
Accumulated Amortization	(5,264)	(4,205)
Net	$ 636	1,695
Trade names
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives (months or years)	5 years
Gross	$ 2,300	2,300
Accumulated Amortization	(2,262)	(1,802)
Net	$ 38	498
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives (months or years)	5 years
Gross	$ 2,400	2,400
Accumulated Amortization	(2,360)	(1,880)
Net	40	520
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Gross	1,200	1,200
Accumulated Amortization	(642)	(523)
Net	$ 558	$ 677
Other intangibles | Minimum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives (months or years)	3 years
Other intangibles | Maximum
Finite-Lived Intangible Assets [Line Items]
Estimated Useful Lives (months or years)	9 years 9 months

Goodwill and Intangible Asset_5

Goodwill and Intangible Assets (Schedule of Finite-Lived Intangible Assets, Future Amortization Expense) (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
Fiscal year ending June 30, 2023	$ 195
Fiscal year ending June 30, 2024	115
Fiscal year ending June 30, 2025	115
Fiscal year ending June 30, 2026	115
Fiscal year ending June 30, 2027	$ 96

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 84,836	$ 38,820
Fair Value, Inputs, Level 1 | Money market accounts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	26,018	33,820
Fair Value, Inputs, Level 1 | Time deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	56,082	5,000
Fair Value, Inputs, Level 1 | Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets, Fair Value Disclosure	$ 2,736	$ 0

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value, Financial Instruments) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Schedule of Financial Instruments [Line Items]
Proceeds from NHL advance		$ 0	$ 30,000	$ 0
Reported Value Measurement
Schedule of Financial Instruments [Line Items]
Short-term Debt, Fair Value	[1]	30,000	30,000
Long-term Debt, Fair Value	[2]	220,000	355,000
Estimate of Fair Value Measurement
Schedule of Financial Instruments [Line Items]
Short-term Debt, Fair Value	[1]	30,000	30,000
Long-term Debt, Fair Value	[2]	$ 220,000	$ 355,000
[1]The Company’s debt, current is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. The fair value of the Company’s debt, current is the same as its carrying amount as the advance bears interest at a variable rate indexed to current market conditions. See Note 13 for further details.[2]The Company’s long-term debt is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. The fair value of the Company’s long-term debt is the same as its carrying amount as the facilities bear interest at a variable rate indexed to current market conditions. See Note 13 for more information.

Fair Value Measurements (Contin

Fair Value Measurements (Contingent Consideration Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Contingent consideration payment	$ 0	$ (200)	$ (200)

Commitments and Contingencies_2

Commitments and Contingencies (Contractual Obligations And Off Balance Sheet Arrangements) (Details) $ in Thousands	Jun. 30, 2022 USD ($)
Other Commitments [Line Items]
Fiscal year ending June 30, 2023	$ 259,447	[1]
Fiscal year ending June 30, 2024	181,928	[1]
Fiscal year ending June 30, 2025	121,805	[1]
Fiscal year ending June 30, 2026	55,334	[1]
Fiscal year ending June 30, 2027	25,507	[1]
Thereafter	45,156	[1]
Total other commitments	689,177	[1]
Off-Balance Sheet Commitments
Other Commitments [Line Items]
Fiscal year ending June 30, 2023	176,289	[2]
Fiscal year ending June 30, 2024	170,004	[2]
Fiscal year ending June 30, 2025	116,444	[2]
Fiscal year ending June 30, 2026	52,663	[2]
Fiscal year ending June 30, 2027	23,529	[2]
Thereafter	38,396	[2]
Total other commitments	577,325	[2]
Contractual Obligations reflected on the Balance Sheet
Other Commitments [Line Items]
Fiscal year ending June 30, 2023	83,158	[3]
Fiscal year ending June 30, 2024	11,924	[3]
Fiscal year ending June 30, 2025	5,361	[3]
Fiscal year ending June 30, 2026	2,671	[3]
Fiscal year ending June 30, 2027	1,978	[3]
Thereafter	6,760	[3]
Total other commitments	$ 111,852	[3]
[1]Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 14 for further information on the Company’s pension obligations. In addition, see Note 8 for information on the contractual obligations related to future lease payments, which are reflected on the consolidated balance sheet as lease liabilities as of June 30, 2022.[2]Consist principally of the Company’s obligations under employment agreements that the Company has with its professional sports teams’ personnel that are generally guaranteed regardless of employee injury or termination.[3]Consist primarily of amounts earned under employment agreements that the Company has with certain of its professional sports teams’ personnel.

Debt (Knicks and Rangers Credit

Debt (Knicks and Rangers Credit Facilities Narrative) (Details)				12 Months Ended
	Nov. 06, 2020 USD ($)	Jan. 25, 2017 USD ($)	Sep. 30, 2016	Jun. 30, 2022 USD ($) fiscal_quarter	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)	Sep. 30, 2017 USD ($)
Line of Credit Facility [Line Items]
Short-term debt				$ 30,000,000	$ 30,000,000
Repayments of Lines of Credit				$ 135,000,000	$ 25,000,000	$ 15,000,000
Knicks | 2016 Knicks Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity							$ 200,000,000
Debt instrument term			5 years
Knicks | 2020 Knicks Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Covenant compliance				Knicks LLC was in compliance with this financial covenant
Subjective acceleration clause				Knicks LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the 2021 Knicks Revolving Credit Facility is greater than 350% of qualified revenues.
Credit facility expiration date	Dec. 14, 2026
Debt service ratio				1.5
Number of trailing quarters used to judge debt service ratio | fiscal_quarter				4
Knicks | 2020 Knicks Holdings Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 75,000,000
Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity	275,000,000
Long-term debt, percentage bearing variable interest, percentage rate				2.68%
Interest paid				$ 3,341,000
Collateral				All obligations under the 2021 Knicks Revolving Credit Facility are secured by a first lien security interest in certain of Knicks LLC’s assets, including, but not limited to, (i) the Knicks LLC’s membership rights in the NBA, (ii) revenues to be paid to the Knicks LLC by the NBA pursuant to certain U.S. national broadcast agreements, and (iii) revenues to be paid to Knicks LLC pursuant to local media contracts.
Mandatory prepayment clause - qualified revenues reference threshold (percent)				35,000%
Restrictive covenants				The 2021 Knicks Revolving Credit Facility contains certain restrictions on the ability of Knicks LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Knicks Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Knicks Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any Knicks LLC’s collateral.
Line of credit facility, amount outstanding				$ 220,000,000
Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage				0.30%
Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage				0.25%
Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 250,000,000
Outstanding borrowings				$ 0
Long-term debt, percentage bearing variable interest, percentage rate				2.63%
Interest paid				$ 2,127,000
Collateral				All obligations under the 2021 Rangers Revolving Credit Facility are, subject to the 2021 Rangers NHL Advance Agreement (as defined below), secured by a first lien security interest in certain of Rangers LLC’s assets, including, but not limited to, (i) Rangers LLC’s membership rights in the NHL, (ii) revenues to be paid to Rangers LLC by the NHL pursuant to certain U.S. and Canadian national broadcast agreements, and (iii) revenues to be paid to Rangers LLC pursuant to local media contracts.
Subjective acceleration clause				Rangers LLC is required to make mandatory prepayments in certain circumstances, including without limitation if qualified revenues are less than 17% of the maximum available amount under the 2021 Rangers Revolving Credit Facility.
Mandatory prepayment clause - maximum available under credit facility threshold (percent)				1,700%
Restrictive covenants				The 2021 Rangers Revolving Credit Facility contains certain restrictions on the ability of Rangers LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Rangers Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Rangers Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any of Rangers LLC’s assets securing the obligations under the 2021 Rangers Revolving Credit Facility.
Credit facility expiration date	Dec. 14, 2026
Repayments of Lines of Credit				$ 135,000,000
Debt service ratio				1.5
Number of trailing quarters used to judge debt service ratio | fiscal_quarter				4
Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage				0.625%
Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage				0.375%
Rangers | 2017 Rangers Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 150,000,000
Debt instrument term		5 years
Base Rate | Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				0.50%
Base Rate | Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				0.25%
Base Rate | Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				1%
Base Rate | Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				0.50%
SOFR | Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				0.10%
SOFR | Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				0.10%
LIBOR | Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				1.50%
LIBOR | Knicks | 2021 Knicks Revolving Credit Facility | Collateral Pledged | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				1.25%
LIBOR | Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged | Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				2%
LIBOR | Rangers | 2020 Rangers Revolving Credit Facility | Collateral Pledged | Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)				1.50%

Debt (Rangers Advance Narrative

Debt (Rangers Advance Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Mar. 19, 2021
Short-term Debt [Line Items]
Short-term Debt, Terms	Advances received under the 2021 Rangers NHL Advance Agreement are payable upon demand by the NHL.
Short-term debt	$ 30,000	$ 30,000
Collateral Pledged | 2021 Rangers NHL Advance | Rangers
Short-term Debt [Line Items]
Short-Term Debt, Maximum Capacity			$ 30,000
Short-term Debt, Percentage Bearing Fixed Interest Rate	3%
Short-term debt	$ 30,000
Interest paid	$ 900

Debt (Deferred Financing Costs

Debt (Deferred Financing Costs For Revolving Credit Facilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022		Jun. 30, 2021
Line of Credit Facility [Line Items]
Payments of Debt Issuance Costs	$ 2,836
Other current assets
Line of Credit Facility [Line Items]
Debt issuance costs, net	1,145	[1]	$ 1,759
Other assets
Line of Credit Facility [Line Items]
Debt issuance costs, net	$ 3,954	[1]	$ 2,345
[1]In connection with the 2021 Knicks Revolving Credit Facility and 2021 Rangers Revolving Credit Facility, the Company incurred $2,836 in deferred financing costs during the year ended June 30, 2022.

Benefit Plans (Schedule of Chan

Benefit Plans (Schedule of Changes in Benefit Obligation and Plan Assets) (Details) - MSGS Pension Plans - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	$ 9,600	$ 10,057
Interest cost	123	145
Actuarial loss (gain)	(1,078)	38
Benefits paid	(248)	(312)
Plan settlements paid	(83)	(328)
Benefit obligation at end of period	$ 8,314	$ 9,600

Benefit Plans (Schedule of Amou

Benefit Plans (Schedule of Amounts Recognized in Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Non-current liabilities (included in Defined benefit obligations)	$ (5,005)	$ (6,283)
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Current liabilities (included in accrued employee related costs)	(3,309)	(3,317)
Non-current liabilities (included in Defined benefit obligations)	(5,005)	(6,283)
Total liabilities related to defined benefit plan	$ (8,314)	$ (9,600)

Benefit Plans (Schedule of Net

Benefit Plans (Schedule of Net Periodic Benefit Cost Not yet Recognized) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Actuarial loss	$ (807)	$ (2,027)

Benefit Plans (Schedule of Ne_2

Benefit Plans (Schedule of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands					12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost					$ 123	$ 145
Direct Operating Expenses And Selling General And Administrative Expenses | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Service cost					0	0	$ 75
Interest cost					123	145	4,285
Expected return on plan assets					0	0	(4,240)
Recognized actuarial loss					133	103	930
Settlement loss recognized	[1]				9	47	67
Net periodic benefit cost					265	295	1,117
Payment for pension benefits					83	328	551
Continuing Operations					265	295	395
Discontinued Operations					0	0	722
Direct Operating Expenses And Selling General And Administrative Expenses | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Service cost					0	0	44
Interest cost					0	0	86
Expected return on plan assets					0	0	0
Recognized actuarial loss					0	0	5
Settlement loss recognized	[1]				0	0	0
Net periodic benefit cost					0	0	135
Continuing Operations					0	0	0
Discontinued Operations					$ 0	$ 0	$ 135
Discount rate - projected benefit obligation | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)		1.89%	1.73%	3.21%	2.35%	2.35%	3.58%
Discount rate - projected benefit obligation | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)							3.18%
Discount rate - interest cost | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)		0.86%	0.91%	2.55%	1.84%	1.84%	3.10%
Discount rate - interest cost | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)							2.84%
Other Nonoperating Income (Expense) | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Settlement loss recognized					$ 9	$ 47	$ 67
[1]For the years ended June 30, 2022, 2021 and 2020, lump-sum payments totaling $83, $328 and $551, respectively, were distributed to vested participants of the non-qualified excess cash balance plan, triggering the recognition of settlement losses in accordance with ASC Topic 715. Due to these pension settlements, the Company was required to remeasure its pension plan liability as of June 30, 2022, June 30, 2021, and March 31, 2020 for the years ended June 30, 2022, 2021 and 2020, respectively. Discount rates used for the projected benefit obligation and interest cost were 1.89% and 0.86% as of June 30, 2022, respectively, 1.73% and 0.91% as of June 30, 2021, respectively, and 3.21% and 2.55% as of June 30, 2020, respectively. Additionally, settlement charges of $9, $47 and $67 were recognized in Miscellaneous income (expense), net for the years ended June 30, 2022, 2021 and 2020, respectively.

Benefit Plans (Schedule of Am_2

Benefit Plans (Schedule of Amounts Recognized in Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	$ 1,078	$ (38)	$ (321)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	133	103	935
Settlement loss recognized	9	47	67
Total recognized in other comprehensive income (loss)	1,220	112	681
Other Comprehensive Income (Loss) | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	1,078	(38)	(321)
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	133	103	930
Settlement loss recognized	9	47	67
Transfer due to the MSGE Distribution	0	0	37,049
Total recognized in other comprehensive income (loss)	1,220	112	37,725
Other Comprehensive Income (Loss) | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	0	0	0
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	0	0	5
Settlement loss recognized	0	0	0
Transfer due to the MSGE Distribution	0	0	749
Total recognized in other comprehensive income (loss)	$ 0	$ 0	$ 754

Benefit Plans (Schedule of Assu

Benefit Plans (Schedule of Assumptions Used) (Details)				12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020	Jul. 01, 2018
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate (percent)	2.35%			4.60%	2.35%
Interest crediting rate (percent)	2.32%			2.76%	2.32%
Expected long-term return on plan assets (percent)						5.52%
Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Healthcare cost trend rate assumed for next year (percent)							6.75%
Rate to which the cost trend rate is assumed to decline (the ultimate trend rate) (percent)		5%				5%
Defined Benefit Plan, Year Health Care Cost Trend Rate Reaches Ultimate Trend Rate						2027
Discount rate - projected benefit obligation | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)	1.89%	1.73%	3.21%	2.35%	2.35%	3.58%
Discount rate - projected benefit obligation | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)						3.18%
Discount rate - service cost | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)						3.78%
Discount rate - service cost | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)						3.45%
Discount rate - interest cost | Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)	0.86%	0.91%	2.55%	1.84%	1.84%	3.10%
Discount rate - interest cost | Other Postretirement Benefits Plan
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)						2.84%

Benefit Plans (Schedule of Expe

Benefit Plans (Schedule of Expected Benefit Payments) (Details) - Pension Plans $ in Thousands	Jun. 30, 2022 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Fiscal year ending June 30, 2023	$ 3,361
Fiscal year ending June 30, 2024	520
Fiscal year ending June 30, 2025	568
Fiscal year ending June 30, 2026	544
Fiscal year ending June 30, 2027	451
Fiscal years ending June 30, 2028 – 2032	$ 1,998

Benefit Plan (Defined Contribut

Benefit Plan (Defined Contribution Plan) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Savings Plans
Defined Contribution Plan Disclosure [Line Items]
Continuing Operations	$ 4,956	$ 2,310	$ 4,674
Discontinued Operations	0	0	1,411
Plan expense	$ 4,956	2,310	$ 6,085
Union Savings Plan
Defined Contribution Plan Disclosure [Line Items]
Plan expense		$ 526

Benefit Plan (Schedule of Multi

Benefit Plan (Schedule of Multiemployer Defined Benefit Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Multiemployer Plans [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 1,649	$ 5,050	$ 5,328
Pension Plans
Multiemployer Plans [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 373	$ 371	398
Pension Plans | National Basketball Association Players’ Pension Plan
Multiemployer Plans [Line Items]
Multiemployer Plan, Pension, Significant, Plan Number	001
Multiemployer Plan, Pension, Significant, Certified Zone Status [Fixed List]	Yellow	Yellow
Multiemployer Plan, Pension, Significant, Certified Zone Status, Date	Feb. 01, 2021	Feb. 01, 2020
Multiemployer Plan, Pension, Significant, Funding Improvement or Rehabilitation Plan, Implementation Status [Fixed List]	Implemented
Multiemployer Plan, Employer Contribution, Cost	$ 0	$ 3,526	3,780
Multiemployer Plan, Pension, Significant, Surcharge [Fixed List]	No
Collective-bargaining arrangement, description	6/2024 (with certain termination rights becoming effective 6/2023)
Multiemployer Plan, Pension, Significant, Employer Identification Number	832172122
Pension Plans | National Hockey League Players’ Retirement Benefit Plan
Multiemployer Plans [Line Items]
Multiemployer Plan, Pension, Significant, Plan Number	001
Multiemployer Plan, Pension, Significant, Certified Zone Status [Fixed List]	Green	Green
Multiemployer Plan, Pension, Significant, Certified Zone Status, Date	Apr. 30, 2021	Apr. 30, 2020
Multiemployer Plan, Pension, Significant, Funding Improvement or Rehabilitation Plan, Implementation Status [Fixed List]	No
Multiemployer Plan, Employer Contribution, Cost	$ 1,276	$ 1,153	1,150
Multiemployer Plan, Pension, Significant, Surcharge [Fixed List]	No
Collective-bargaining arrangement, description	9/2026
Multiemployer Plan, Pension, Significant, Employer Identification Number	462555356
Multiemployer Defined Contribution Pension Plans
Multiemployer Plans [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 1,092	1,273	1,200
Postretirement Health Coverage
Multiemployer Plans [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 278	$ 3,526	$ 2,559

Benefit Plans (Executive Deferr

Benefit Plans (Executive Deferred Compensation Plan) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($)
Deferred Compensation Plan [Line Items]
Deferred Compensation Arrangement with Individual, Compensation Expense	$ 461
Deferred Compensation Liability, Current	(123)
Deferred Compensation Liability, Classified, Noncurrent	$ (2,613)

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) shares in Thousands			12 Months Ended
	Oct. 08, 2020 grant shares	Apr. 17, 2020	Jun. 30, 2022 USD ($) plan shares	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)	Apr. 13, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of plans | plan			2
Vesting period (years)			3 years
Period used to determine weighted-average trading price (days)		10 days
Share-Based Payment Arrangement, Amount Capitalized, Continuing Operations			$ 0	$ 0	$ 0
Share-based compensation expense for discontinued operations					8,303,000
Share-based Payment Arrangement, Accelerated Cost			$ 7,400,000
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						2
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)			3 years
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)			3 years
Continuing Operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense			$ 24,245,000	$ 30,437,000	$ 48,693,000
Class A Common Stock | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1
2015 Stock Plan for Non-Employee Directors | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Days after service on the Board ceases			90 days
2015 Stock Plan for Non-Employee Directors | Class A Common Stock | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized | shares			160
Expiration period (years)			10 years
2015 Stock Plan for Non-Employee Directors | Class A Common Stock | Options | Expiration Triggered By The Death of the Grantee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period (years)			1 year
2015 Employee Stock Plan | Class A Common Stock | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized | shares			2,650
Expiration period (years)			10 years
2015 Employee Stock Plan | Class A Common Stock | Options | Expiration Triggered By The Death of the Grantee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period (years)			1 year
Employee | Performance Stock Units and Performance Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost not yet recognized			$ 20,005,000
Period of cost recognition (years)			1 year 10 months 24 days
Mr. Dolan | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)	4 years
Share-Based Compensation Arrangement By Share-based Payment Award, Options, Number Of Grants Forfeited In Period | grant	3
Mr. Dolan | Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period | shares	32
Mr. Dolan | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Number of Shares | shares	449
MSG Entertainment | Performance Stock Units and Performance Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1
MSG Entertainment | Class B Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Distribution ratio						1
MSG Entertainment | Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1
Distribution ratio		1				1
MSG Entertainment | Class A Common Stock | Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1

Share-Based Compensation (Sched

Share-Based Compensation (Schedule of Share-based Compensation, Restricted Stock Units Award Activities) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Jun. 30, 2022		Jun. 30, 2021	Jun. 30, 2020
Unvested Share Units Awards [Roll Forward]
Unvested award, beginning balance (USD per share)	[1]	$ 234.39
Granted (USD per share)		162.09	[1]	$ 162.81	$ 243.55
Vested (USD per share)	[1]	254.96
Forfeited (USD per share)	[1]	186.90
Unvested award, ending balance (USD per share)	[1]	$ 198.21		$ 234.39
Fair value of instruments vested in period		$ 40,490		$ 36,099	$ 60,282
Shares withheld for tax withholding obligation, value		105
Payment for tax withholding		$ 18,306		$ 13,891	$ 26,777
MSG Entertainment
Unvested Share Units Awards [Roll Forward]
Payment for tax withholding		6,164
Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Payment for tax withholding		$ 18,306
Nonperformance Based Vesting RSUs | Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Unvested award, beginning balance (shares)		264
Granted (shares)		75
Vested (shares)		(140)
Forfeited (shares)		0
Unvested award, ending balance (shares)		199		264
PSUs and Performance Based Vesting RSUs | Performance Stock Units and Performance Restricted Stock Units
Unvested Share Units Awards [Roll Forward]
Unvested award, beginning balance (shares)		220
Granted (shares)		56
Vested (shares)		(85)
Forfeited (shares)		(2)
Unvested award, ending balance (shares)		189		220
[1]Weighted-average fair value per share at date of grant does not reflect any adjustment associated with the MSGE Distribution. See above for a discussion of the treatment of RSUs and PSUs in connection with the MSGE Distribution.

Share-Based Compensation (Sch_2

Share-Based Compensation (Schedule of Share-based Compensation Activities, Stock Option) (Details) - Time Vesting Options $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning balance (shares) | shares	94
Granted (shares) | shares	0
Cancelled (shares) | shares	0
Ending balance (shares) | shares	94
Exercisable (shares) | shares	94
Beginning balance (USD per share) | $ / shares	$ 145.78	[1]
Granted (USD per share) | $ / shares	0	[1]
Cancelled (USD per share) | $ / shares	0	[1]
Ending balance (USD per share) | $ / shares	145.78	[1]
Exercisable (USD per share) | $ / shares	$ 145.78	[1]
Weighted average remaining contractual term (years)	5 years 5 months 15 days
Aggregate intrinsic value | $	$ 490
Exercisable, weighted-average remaining contractual term (years)	5 years 5 months 15 days
Exercisable, aggregate intrinsic value | $	$ 490
[1]Weighted-average exercise price per share does not reflect any adjustment associated with the MSGE Distribution. See above for a discussion of the treatment of options in connection with the MSGE Distribution.

Share-Based Compensation (Sch_3

Share-Based Compensation (Schedule of Stock Option Assumption) (Details)	12 Months Ended
	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)	3 years

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($)	12 Months Ended
	Jun. 30, 2022	Sep. 11, 2015
Equity, Class of Treasury Stock [Line Items]
Stock repurchased (shares)	0
Class A Common Stock | 2015 share repurchase program
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount		$ 525,000,000
Stock repurchase program, remaining authorized amount	$ 259,639,000

Related Party Transactions (Own

Related Party Transactions (Ownership Percentage) (Details)	Jun. 30, 2022
Related Party Ownership Percentage [Line Items]
Aggregate voting power held by related party (percent)	70.60%
Class A Common Stock
Related Party Ownership Percentage [Line Items]
Percentage of common stock owned by related party	3.10%
Class B Common Stock
Related Party Ownership Percentage [Line Items]
Percentage of common stock owned by related party	100%

Related Party Transactions (Tra

Related Party Transactions (Transactions by Type Table) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Related Party Transaction [Line Items]
Revenues	$ 178,696	$ 147,029	$ 138,881
Other operating expenses (credits), net	1,288	573	(337)
MSG Networks
Related Party Transaction [Line Items]
Revenues	163,037	145,098	138,173
MSG Entertainment
Related Party Transaction [Line Items]
Corporate general and administrative expenses (credits), net	41,080	38,491	1,154
Costs associated with the Sponsorship sales and service representation agreements	22,316	16,016	2,486
Related Party Transaction, Arena License Agreements	$ 101,514	$ 46,974	$ 0

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Related Party Transaction [Line Items]
Discontinued operations, related party revenue		$ 13,106
Discontinued operations, related party operating expense		897
Discontinued operations, equity in earnings (loss) of equity-method investments		(3,739)
MSG Entertainment
Related Party Transaction [Line Items]
Corporate general and administrative expenses (credits), net	$ 41,080	38,491	$ 1,154
Related Party Transaction, Arena License Agreements	$ 101,514	46,974	0
Sponsorship Sales And Service Representation Agreements | MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	10 years
Arena License Agreements | MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	35 years
Media Rights Agreements | MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	20 years
Post-Spin Service Agreement | MSG Entertainment
Related Party Transaction [Line Items]
Corporate general and administrative expenses (credits), net	$ 38,102	36,730	8,916
Office Lease | MSG Entertainment
Related Party Transaction [Line Items]
Corporate general and administrative expenses (credits), net	2,978	2,636	593
Arena Leases | MSG Entertainment
Related Party Transaction [Line Items]
Related Party Transaction, Arena License Agreements	$ 67,620	36,629
Pre MSGE-MSGN Merger Service Agreement | MSG Networks
Related Party Transaction [Line Items]
Corporate general and administrative expenses (credits), net		$ 875	$ 8,474
605, LLC | Kristin A. Dolan
Related Party Transaction [Line Items]
Ownership percentage	50%

Income Taxes (Schedule of Compo

Income Taxes (Schedule of Components of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Current federal tax expense (benefit)	$ 0	$ 0	$ (676)
Current state and local tax expense (benefit)	572	243	0
Current income tax expense (benefit)	572	243	(676)
Deferred federal income tax expense (benefit)	18,664	(21,096)	13,871
Deferred state and local income tax expense (benefit)	5,816	(52,568)	7,398
Deferred income tax expense (benefit)	24,480	(73,664)	21,269
Income tax expense (benefit)	$ 25,052	$ (73,421)	$ 20,593

Income Taxes (Schedule of Effec

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Income Tax Disclosure [Abstract]
Federal tax expense (benefit) at statutory federal rate	$ 15,525	$ (18,757)	$ (20,590)
State income taxes, net of federal benefit	8,763	(7,331)	(7,332)
Change in the estimated applicable tax rate used to determine deferred taxes	(3,191)	(896)	391
Nondeductible disability insurance premiums expense	964	392	1,027
Federal tax credits	0	0	(1,480)
GAAP income of consolidated partnership attributable to non-controlling interests	473	408	492
Tax effect of indefinite-lived intangible amortization	0	0	204
Effective Income Tax Rate Reconciliation, Prior Year Income Taxes, Amount	(2,476)	0	0
Change in valuation allowance	0	(52,108)	46,310
Nondeductible officers' compensation	5,156	4,081	4,287
Other nondeductible expenses	379	862	762
Excess tax benefit related to shared based-payments awards	(678)	(72)	(3,478)
Other	137	0	0
Income tax expense (benefit)	$ 25,052	$ (73,421)	$ 20,593

Income Taxes (Schedule of Defer

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 21,171	$ 39,175
Tax credit carryforwards	6,547	6,547
Accrued employee benefits	21,687	44,304
Accrued expenses	7,525	0
Restricted stock units and stock options	6,348	6,603
Arena leases deferred rent adjustment	17,044	9,134
Deferred revenue accelerated for tax purposes	10,920	21,069
Other	7,240	0
Total deferred tax assets	98,482	126,832
Less valuation allowance	0	0
Net deferred tax assets	98,482	126,832
Intangible and other assets	(97,653)	(102,675)
Prepaid expenses	(9,746)	(7,767)
Deferred Tax Liabilities, Other	0	(447)
Total deferred tax liabilities	(107,399)	(110,889)
Net deferred tax (liability) asset	$ (8,917)
Net deferred tax (liability) asset		$ 15,943

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2021	Jun. 30, 2022
Income Taxes [Abstract]
Operating loss carryforwards		$ 23,000
Unrecognized tax benefits	$ 0	$ 0
Increase (decrease) in deferred tax asset valuation allowance	$ (68,000)

Concentrations of Risk (Schedul

Concentrations of Risk (Schedules of Concentration of Risk, by Risk Factor) (Details)	12 Months Ended
	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Entity A | Accounts Receivable | Credit Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	35%	35%
Entity B | Accounts Receivable | Credit Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	35%	34%
Entity C | Accounts Receivable | Credit Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	0%	16%
Entity 1 | Revenue Benchmark | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	14%	32%	13%
Entity 2 | Revenue Benchmark | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	3%	12%	1%

Concentrations of Risk (Narrati

Concentrations of Risk (Narrative) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2022 USD ($) employee	Jun. 30, 2021 USD ($)	Jun. 30, 2020 USD ($)
Concentration Risk [Line Items]
Revenues from related party	$ 178,696	$ 147,029	$ 138,881
Number of full and part-time employees subject to CBAs | employee	105
Percentage of employees subject to CBAs	12%
Workforce Subject to Collective Bargaining Arrangements Already Expired As Of Current Year End | Unionized Employees Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	0%
Workforce Subject to Collective Bargaining Arrangements Expiring within One Year | Unionized Employees Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	0%
MSG Networks
Concentration Risk [Line Items]
Revenues from related party	$ 163,037	$ 145,098	$ 138,173
MSG Networks | Revenue Benchmark | Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	20%	35%	23%

Schedule II Valuation and Qua_2

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2022		Jun. 30, 2021		Jun. 30, 2020
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 0		$ (48,313)		$ (77,515)
Charged to Costs and Expenses	0		51,671		(53,684)
Charged to Other Accounts	0		(3,363)		0
Deductions	0		5		82,886
Balance at End of Period	0		0		(48,313)
Decrease in deferred tax asset valuation allowance			68,000
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	0	[1]	(180)	[1]	(1,814)
Charged to Costs and Expenses	0		175	[1]	(7,170)
Charged to Other Accounts	0		0	[1]	0
Deductions	0		5	[1],[2]	8,804
Balance at End of Period	0		0	[1]	(180)	[1]
Deductions, discontinued operation			8,769
Deferred tax valuation allowance
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	0	[1]	(48,133)	[1]	(75,701)
Charged to Costs and Expenses	0		51,496	[1]	(46,514)
Charged to Other Accounts	0	[3]	(3,363)	[1]	0
Deductions	0		0	[1],[4]	74,082
Balance at End of Period	$ 0		$ 0	[1]	$ (48,133)	[1]
[1]Includes amounts classified as discontinued operations on the consolidated balance sheet.[2]Includes amounts reflected in discontinued operations of $8,769.[3]Includes amounts related to return to provision adjustments.[4]The Company completely offset the taxable income of discontinued operations, including taxable income resulting from the acceleration of deferred revenue with NOLs.  The deferred tax assets for such NOLs had a full valuation allowance. Therefore, both the deferred tax asset and valuation allowance were reduced with no residual tax expense. The valuation allowance reduction relating to the NOL utilization was $68,000.