Madison Square Garden Sports (MSGS) 10-Q 7 Feb 23 2023 Q2 Quarterly report Financial data

Cover

Cover - shares	6 Months Ended
	Dec. 31, 2022	Feb. 03, 2023
Document Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Dec. 31, 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
Entity Tax Identification Number	47-3373056
Entity Address, Address Line One	Two Penn Plaza
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10121
City Area Code	212
Local Phone Number	465-4111
Title of 12(b) Security	Class A Common Stock
Trading Symbol	MSGS
Security Exchange Name	NYSE
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
Entity Shell Company	false
Entity Central Index Key	0001636519
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Amendment Flag	false
Class A Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		19,352,356
Class B Common Stock
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		4,529,517

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Dec. 31, 2022	Jun. 30, 2022
Current Assets:
Cash and cash equivalents		$ 43,912	$ 91,018
Restricted cash	[1]	1,246	0
Accounts receivable, net of allowance for doubtful accounts of $0 and $0 as of December 31, 2022 and June 30, 2022, respectively		74,976	47,240
Net related party receivables		23,584	28,333
Prepaid expenses		43,502	18,810
Other current assets		20,717	19,868
Total current assets		207,937	205,269
Property and equipment, net of accumulated depreciation and amortization of $48,519 and $46,794 as of December 31, 2022 and June 30, 2022, respectively		32,125	32,892
Right-of-use lease assets		678,110	686,782
Amortizable intangible assets, net		498	636
Indefinite-lived intangible assets		112,144	112,144
Goodwill		226,955	226,955
Other assets		43,098	37,288
Total assets		1,300,867	1,301,966
Current Liabilities:
Accounts payable		7,924	11,263
Net related party payables		8,030	19,624
Debt		30,000	30,000
Accrued liabilities:
Employee related costs		96,231	119,279
League-related accruals		97,560	75,269
Other accrued liabilities		11,190	6,796
Operating lease liabilities, current	[2]	43,751	43,699
Deferred revenue		188,274	132,369
Total current liabilities		482,960	438,299
Long-term debt		405,000	220,000
Operating lease liabilities, noncurrent	[2]	702,667	699,587
Defined benefit obligations		5,001	5,005
Other employee related costs		47,777	43,411
Deferred tax liabilities, net		12,926	8,917
Deferred revenue, noncurrent		30,948	31,122
Other liabilities		0	1,002
Total liabilities		1,687,279	1,447,343
Commitments and contingencies (see Note 10)
Madison Square Garden Sports Corp. Stockholders’ Equity:
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of December 31, 2022 and June 30, 2022		0	0
Additional paid-in capital		0	17,573
Treasury stock, at cost, 1,033 and 751 shares as of December 31, 2022 and June 30, 2022, respectively		(169,772)	(128,026)
Accumulated deficit		(217,047)	(35,699)
Accumulated other comprehensive loss		(1,180)	(1,186)
Total Madison Square Garden Sports Corp. stockholders’ equity		(387,750)	(147,089)
Nonredeemable noncontrolling interests		1,338	1,712
Total equity		(386,412)	(145,377)
Total liabilities and equity		1,300,867	1,301,966
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]Restricted cash as of December 31, 2022 and December 31, 2021 primarily included cash deposited in an escrow account (see Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information). For the period ended June 30, 2021, restricted cash relates to the Company’s revolving credit facilities (see Note 11 for more information).[2]As of December 31, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,380 and $702,667, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Accounts receivable, allowance for credit loss	$ 0	$ 0
Accumulated depreciation and amortization	$ 48,519	$ 46,794
Preferred stock, par value (in USD per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	15,000,000	15,000,000
Preferred stock, shares outstanding (in shares)	0	0
Treasury stock (in shares)	1,033,000	751,000
Class A Common Stock
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	120,000,000	120,000,000
Common stock, shares outstanding (in shares)	19,415,000	19,697,000
Class B Common Stock
Common stock, par value (in USD per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	30,000,000	30,000,000
Common stock, shares outstanding (in shares)	4,530,000	4,530,000

CONSOLIDATED STATEMENTS OF OPER

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues	[1]	$ 353,694	$ 289,581	$ 377,783	$ 308,375
Operating expenses:
Direct operating expenses	[2]	225,702	192,847	229,383	201,425
Selling, general and administrative expenses	[3]	75,636	59,600	130,917	103,328
Depreciation and amortization		838	1,215	1,863	2,641
Operating income		51,518	35,919	15,620	981
Other income (expense):
Interest income		567	43	923	93
Interest expense		(6,079)	(3,585)	(9,391)	(6,688)
Miscellaneous income (expense), net		385	(64)	219	(127)
Nonoperating income (loss)		(5,127)	(3,606)	(8,249)	(6,722)
Income (loss) from operations before income taxes		46,391	32,313	7,371	(5,741)
Income tax (expense) benefit		(24,555)	(17,115)	(4,062)	4,054
Net income (loss)		21,836	15,198	3,309	(1,687)
Less: Net loss attributable to nonredeemable noncontrolling interests		(655)	(647)	(1,362)	(1,127)
Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders		$ 22,491	$ 15,845	$ 4,671	$ (560)
Earnings Per Share, Basic [Abstract]
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)		$ 0.85	$ 0.65	$ 0.11	$ (0.02)
Earnings Per Share, Diluted [Abstract]
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)		$ 0.84	$ 0.65	$ 0.11	$ (0.02)
Weighted-average number of common shares outstanding:
Basic (in shares)		24,130	24,261	24,213	24,217
Diluted (in shares)		24,189	24,373	24,306	24,217
[1]Includes revenues from related parties of $74,950 and $70,131 for the three months ended December 31, 2022 and 2021, respectively, and $83,124 and $77,378 for the six months ended December 31, 2022 and 2021, respectively.[2]Includes net charges from related parties of $45,485 and $37,874 for the three months ended December 31, 2022 and 2021, respectively, and $47,669 and $40,032 for the six months ended December 31, 2022 and 2021, respectively.[3]Includes net charges from related parties of $17,433 and $18,880 for the three months ended December 31, 2022 and 2021, respectively, and $30,741 and $31,127 for the six months ended December 31, 2022 and 2021, respectively.

CONSOLIDATED STATEMENTS OF OP_2

CONSOLIDATED STATEMENTS OF OPERATIONS (Parenthetical) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenues from related parties	[1]	$ 74,950	$ 70,131	$ 83,124	$ 77,378
Direct operating expenses from related parties		45,485	37,874	47,669	40,032
Selling, general and administrative expenses from related parties		$ 17,433	$ 18,880	$ 30,741	$ 31,127
[1](a) 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.

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 21,836	$ 15,198	$ 3,309	$ (1,687)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of actuarial loss included in net periodic benefit cost	5	33	9	66
Other comprehensive income, before income taxes	5	33	9	66
Income tax expense related to items of other comprehensive income	(2)	(11)	(3)	(22)
Other comprehensive income, net of income taxes	3	22	6	44
Comprehensive income (loss)	21,839	15,220	3,315	(1,643)
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	(655)	(647)	(1,362)	(1,127)
Comprehensive income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders	$ 22,494	$ 15,867	$ 4,677	$ (516)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Cash flows from operating activities:
Net income (loss)	$ 3,309	$ (1,687)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization	1,863	2,641
Provision for (benefit from) deferred income taxes	4,009	(4,054)
Share-based compensation expense	18,839	12,205
Other non-cash adjustments	572	1,261
Change in assets and liabilities:
Accounts receivable, net	(27,736)	(5,540)
Net related party receivables	4,749	(25,331)
Prepaid expenses and other assets	(31,271)	(27,561)
Accounts payable	(3,495)	772
Net related party payables	(11,654)	1,380
Accrued and other liabilities	4,866	15,714
Deferred revenue	55,722	45,508
Operating lease right-of-use assets and lease liabilities	11,804	8,722
Net cash provided by operating activities	31,577	24,030
Cash flows from investing activities:
Capital expenditures	(662)	(377)
Other investing activities	(652)	(250)
Net cash used in investing activities	(1,314)	(627)
Cash flows from financing activities:
Accelerated share repurchase	(75,000)	0
Dividends paid	(170,683)	0
Taxes paid in lieu of shares issued for equity-based compensation	(15,440)	(12,142)
Proceeds from revolving credit facilities	215,000	0
Repayment of revolving credit facilities	(30,000)	(25,000)
Payments for financing costs	0	(2,737)
Net cash used in financing activities	(76,123)	(39,879)
Net decrease in cash, cash equivalents and restricted cash	(45,860)	(16,476)
Cash, cash equivalents and restricted cash at beginning of period	91,018	72,036
Cash, cash equivalents and restricted cash at end of period	45,158	55,560
Non-cash investing and financing activities:
Capital expenditures incurred but not yet paid	$ 417	$ 385

CONSOLIDATED STATEMENTS OF EQUI

CONSOLIDATED STATEMENTS OF EQUITY - USD ($) $ in Thousands	Total	Total Madison Square Garden Sports Corp. Stockholders’ Equity	Common Stock Issued	Additional Paid-In Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Loss	Non - redeemable Noncontrolling Interests
Beginning balance at Jun. 30, 2021	$ (201,866)	$ (204,308)	$ 249	$ 23,102	$ (146,734)	$ (78,898)	$ (2,027)	$ 2,442
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	(1,687)	(560)				(560)		(1,127)
Other comprehensive income	44	44					44
Comprehensive income (loss)	(1,643)	(516)						(1,127)
Share-based compensation	12,205	12,205		12,205
Tax withholding associated with shares issued for equity-based compensation	(18,306)	(18,306)		(18,306)
Common stock issued under stock incentive plans	0	0		(9,376)	17,308	(7,932)
Adjustments to noncontrolling interests	0	(1,165)		(1,165)				1,165
Ending balance at Dec. 31, 2021	(209,610)	(212,090)	249	6,460	(129,426)	(87,390)	(1,983)	2,480
Beginning balance at Sep. 30, 2021	(232,184)	(234,417)	249	0	(129,426)	(103,235)	(2,005)	2,233
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	15,198	15,845				15,845		(647)
Other comprehensive income	22	22					22
Comprehensive income (loss)	15,220	15,867						(647)
Share-based compensation	7,354	7,354		7,354
Adjustments to noncontrolling interests	0	(894)		(894)				894
Ending balance at Dec. 31, 2021	(209,610)	(212,090)	249	6,460	(129,426)	(87,390)	(1,983)	2,480
Beginning balance at Jun. 30, 2022	(145,377)	(147,089)	249	17,573	(128,026)	(35,699)	(1,186)	1,712
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	3,309	4,671				4,671		(1,362)
Other comprehensive income	6	6					6
Comprehensive income (loss)	3,315	4,677						(1,362)
Share-based compensation	18,839	18,839		18,839
Tax withholding associated with shares issued for equity-based compensation	(15,440)	(15,440)		(15,440)
Common stock issued under stock incentive plans	0	0		(9,326)	18,254	(8,928)
Dividends declared	(172,749)	(172,749)				(172,749)
Accelerated share repurchase	(75,000)	(75,000)		(10,658)	(60,000)	(4,342)
Adjustments to noncontrolling interests	0	(988)		(988)				988
Ending balance at Dec. 31, 2022	(386,412)	(387,750)	249	0	(169,772)	(217,047)	(1,180)	1,338
Beginning balance at Sep. 30, 2022	(171,910)	(173,362)	249	0	(109,981)	(62,447)	(1,183)	1,452
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income (loss)	21,836	22,491				22,491		(655)
Other comprehensive income	3	3					3
Comprehensive income (loss)	21,839	22,494						(655)
Share-based compensation	11,619	11,619		11,619
Tax withholding associated with shares issued for equity-based compensation	(211)	(211)		(211)
Common stock issued under stock incentive plans	0			(209)	209
Dividends declared	(172,749)	(172,749)				(172,749)
Accelerated share repurchase	(75,000)	(75,000)		(10,658)	(60,000)	(4,342)
Adjustments to noncontrolling interests	0	(541)		(541)				541
Ending balance at Dec. 31, 2022	$ (386,412)	$ (387,750)	$ 249	$ 0	$ (169,772)	$ (217,047)	$ (1,180)	$ 1,338

CONSOLIDATED STATEMENTS OF EQ_2

CONSOLIDATED STATEMENTS OF EQUITY (Parenthetical) - $ / shares	3 Months Ended	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2022
Statement of Stockholders' Equity [Abstract]
Dividends declared (in USD per share)	$ 7	$ 7

Description of Business and Bas

Description of Business and Basis of Presentation	6 Months Ended
	Dec. 31, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business Madison Square Garden Sports Corp. (together with its subsidiaries (collectively, “we,” “us,” “our,” “MSG Sports,” or the “Company”) 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 sports 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. On April 17, 2020 (the “MSGE Distribution Date”), the Company distributed all of the outstanding common stock of Madison Square Garden Entertainment Corp. (formerly MSG Entertainment Spinco, Inc. and referred to herein as “MSG Entertainment”) to its stockholders (the “MSGE Distribution”). Basis of Presentation The accompanying unaudited consolidated interim financial statements (referred to as the “Financial Statements” herein) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and Article 10 of Regulation S-X of the SEC for interim financial information, and should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 (“fiscal year 2022”). The Financial Statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, the Financial Statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for the periods presented are not necessarily indicative of the results that might be expected for future interim periods or for the full year. The dependence of MSG Sports on revenues from its NBA and NHL sports teams generally means it earns a disproportionate share of its revenues in the second and third quarters of the Company’s fiscal year, which is when the majority of the teams’ games are played. Impact of COVID-19 on our Business During fiscal years 2020 and 2021, COVID-19 disruptions and actions taken in response by governmental authorities and the leagues 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. See Note 1, Description of Business and Basis of Presentation, to the Company’s audited consolidated financial statements and notes thereto for the year ended June 30, 2022 included in the Company’s Annual Report on Form 10-K for more information regarding the impact of the COVID-19 pandemic on our business during fiscal years 2020, 2021 and 2022. It is unclear to what extent COVID-19, including new variants thereof, could result in renewed governmental and/or league restrictions on attendance or otherwise impact the Company’s operations and operating results.

Accounting Policies

Accounting Policies	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Accounting Policies	Accounting Policies Principles of Consolidation The consolidated financial statements of the Company include the accounts of Madison Square Garden Sports Corp. and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. In addition, the consolidated financial statements of the Company include the accounts from CLG, in which the Company has a controlling voting interest. The Company’s consolidation criteria are based on authoritative accounting guidance for voting interest, controlling interest or variable interest entities. CLG is consolidated with the equity owned by other shareholders shown as nonredeemable noncontrolling interests in the accompanying consolidated balance sheets, and the other shareholders’ portion of net earnings (loss) and other comprehensive income (loss) shown as net income (loss) or comprehensive income (loss) attributable to nonredeemable noncontrolling interests in the accompanying consolidated statements of operations and consolidated statements of comprehensive income (loss), respectively. Use of Estimates The preparation of the accompanying Financial Statements in conformity with 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, goodwill, intangible assets, other long-lived assets, deferred tax valuation allowance, 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	6 Months Ended
	Dec. 31, 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. For the three and six months ended December 31, 2022 and 2021, the Company did not have any material impairment losses on receivables or contract assets arising from contracts with customers. Disaggregation of Revenue The following table disaggregates the Company’s revenues by type of goods or services in accordance with the required entity-wide disclosure requirements set forth in 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 three and six months ended December 31, 2022 and 2021: Three Months Ended Six Months Ended December 31, December 31, 2022 2021 2022 2021 Event-related (a) $ 142,308 $ 109,074 $ 147,654 $ 112,944 Media rights (b) 118,158 112,308 125,144 118,894 Sponsorship, signage and suite licenses 81,021 58,534 85,835 61,704 League distributions and other 12,207 9,665 19,150 14,833 Total revenues from contracts with customers $ 353,694 $ 289,581 $ 377,783 $ 308,375 _________________ (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, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees. The timing of revenue recognition, billings and cash collections results in billed receivables, contract assets and contract liabilities on the consolidated balance sheet. The following table provides information about contract balances from the Company’s contracts with customers as of December 31, 2022 and June 30, 2022. December 31, June 30, 2022 2022 Receivables from contracts with customers, net (a) $ 59,668 $ 24,729 Contract assets, current (b) 13,485 13,839 Deferred revenue, including non-current portion (c), (d) 219,222 163,491 _________________ (a) Receivables from contracts with customers, net, which are reported in Accounts receivable, net and Net related party receivables in the Company’s accompanying consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of December 31, 2022 and June 30, 2022, the Company’s receivables reported above incl uded $5,971 and $1,258, respectively, related to various related parties associated with contracts with customers. See Note 15 for further details on 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 player compensation recoveries and luxury tax payments. As of December 31, 2022, the Company had receivable balances related to escrow and player compensation recoveries of $15,593 recorded in Account s receivable, net. As of June 30, 2022, the Company had receivable balances related to escrow and player compensation recover ies of $12,464 and $6,782, reco rded in Accounts receivable, net and Other assets, respectively. (b) Contract assets, current, which are reported as Other current assets in the Company’s accompanying 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 a 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 related to local media rights was $10,700 and $0 as of December 31, 2022 and June 30, 2022, respectively. See Note 15 for further details on these related party arrangements. (d) Revenue recognized for the six months ended December 31, 2022 relating to the deferred revenue balance as of June 30, 2022 was $73,474. 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 December 31, 2022 and is based on current projections. 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, league-wide national and international television contracts, and certain other arrangements with variable consideration. Fiscal Year 2023 (remainder) $ 89,745 Fiscal Year 2024 127,850 Fiscal Year 2025 88,491 Fiscal Year 2026 52,674 Fiscal Year 2027 28,675 Thereafter 24,972 $ 412,407

Computation of Earnings (Loss)

Computation of Earnings (Loss) per Common Share	6 Months Ended
	Dec. 31, 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 earnings allocated to common shares and 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. Three Months Ended Six Months Ended December 31, December 31, 2022 2021 2022 2021 Net earnings (loss) allocable to common shares, basic and diluted (numerator): Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders $ 22,491 $ 15,845 $ 4,671 $ (560) Less: Dividends to other-than-common stockholders (a) 2,056 — 2,056 — Net earnings allocable to common shares, basic and diluted (numerator): $ 20,435 $ 15,845 $ 2,615 $ (560) Weighted-average shares (denominator): Weighted-average shares for basic EPS 24,130 24,261 24,213 24,217 Dilutive effect of shares issuable under share-based compensation plans 59 112 93 — Weighted-average shares for diluted EPS 24,189 24,373 24,306 24,217 Weighted-average shares excluded from diluted EPS — — — 154 Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders $ 0.85 $ 0.65 $ 0.11 $ (0.02) Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders $ 0.84 $ 0.65 $ 0.11 $ (0.02) _________________ (a) Dividends to other-than-common stockholders consists of forfeitable rights to dividends declared and payable to holders of the Company’s unvested restricted stock units and performance restricted stock units.

Team Personnel Transactions

Team Personnel Transactions	6 Months Ended
	Dec. 31, 2022
Team Personnel Transactions [Abstract]
Team Personnel Transactions	Team Personnel Transactions Direct operating and selling, general and administrative expenses in the accompanying consolidated statements of operations include a net provision or credit for transactions relating to the Company’s teams for waiver/contract termination costs, player trades and season-ending injuries (“Team personnel transactions”). Team personnel transactions were a net provision of $29 and a net credit of $302 for the three months ended December 31, 2022 and 2021, respectively, and a net credit of $300 an

Cash, Cash Equivalents and Rest

Cash, Cash Equivalents and Restricted Cash	6 Months Ended
	Dec. 31, 2022
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]
Cash, Cash Equivalents and Restricted Cash	Cash, Cash Equivalents and Restricted Cash The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of December 31, June 30, December 31, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 43,912 $ 91,018 $ 54,815 $ 64,902 Restricted cash (a) 1,246 — 745 7,134 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 45,158 $ 91,018 $ 55,560 $ 72,036 _________________ (a) Restricted cash as of December 31, 2022 and December 31, 2021 primarily included cash deposited in an escrow account (see Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information). For the period ended June 30, 2021, restricted cash relates to the Company’s revolving credit facilities (see Note 11 for more information).

Leases

Leases	6 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Leases	Leases The Company’s leases primarily consist of the lease of the Company’s principal executive offices under the Sublease Agreement with MSG Entertainment (the “Sublease Agreement”) 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. See Note 8 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information regarding the Company’s accounting policies associated with its leases. As of December 31, 2022, the Company’s exis ting operating leases, which are recorded in the accompanying financial statements, have remaining lease terms ranging from 5 months to 33 years. In certain ins tances, leases include options to renew, with varying option terms. The exercise of lease renewals, 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 right-of-use assets and lease liabilities recorded on the Company’s accompanying consolidated balance sheets as of December 31, 2022 and June 30, 2022: Line Item in the Company’s Consolidated Balance Sheet December 31, June 30, Right-of-use assets: Operating leases Right-of-use lease assets $ 678,110 $ 686,782 Lease liabilities: Operating leases, current (a) Operating lease liabilities, current $ 43,751 $ 43,699 Operating leases, noncurrent (a) Operating lease liabilities, noncurrent 702,667 699,587 Total lease liabilities $ 746,418 $ 743,286 _________________ (a) As of December 31, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,380 and $702,667, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment. The following table summarizes the activity recorded within the Company’s accompanying consolidated statements of operations for the three and six months ended December 31, 2022 and 2021: Line Item in the Company’s Consolidated Statement of Operations Three Months Ended December 31, Six Months Ended December 31, 2022 2021 2022 2021 Operating lease cost Direct operating expenses $ 31,811 $ 27,860 $ 33,214 $ 29,267 Operating lease cost Selling, general and administrative expenses 613 613 1,226 1,224 Short-term lease cost Direct operating expenses 70 41 115 77 Total lease cost $ 32,494 $ 28,514 $ 34,555 $ 30,568 Supplemental Information For the six months ended December 31, 2022 and 2021, cash paid for amounts included in the measurement of lease liabilities was $22,526 and $21,689, respectively. The weighted average remaining lease term for operating leases recorded on the accompanying consolidated balance sheet as of December 31, 2022 was 32.3 years. The weighted average discount rate was 7.13% as of December 31, 2022 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 December 31, 2022 are as follows: Fiscal Year 2023 (remainder) $ 22,809 Fiscal Year 2024 45,361 Fiscal Year 2025 44,900 Fiscal Year 2026 45,374 Fiscal Year 2027 46,735 Thereafter 2,066,577 Total lease payments 2,271,756 Less imputed interest (1,525,338) Total lease liabilities $ 746,418

Goodwill and Intangible Assets

Goodwill and Intangible Assets	6 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	Goodwill and Intangible Assets During the first quarter of fiscal year 2023, the Company performed its annual impairment test of goodwill and determined that there were no impairments identified as of the impairment test date. The carrying amount of goodwill as of December 31, 2022 and June 30, 2022 is $226,955. The Company’s indefinite-lived intangible assets as of December 31, 2022 and June 30, 2022 are as follows: Sports franchises $ 111,064 Photographic related rights 1,080 $ 112,144 During the first quarter of fiscal year 2023, the Company performed its annual impairment test of identifiable indefinite-lived intangible assets and determined that there were no impairments identified as of the impairment test date. The Company’s intangible assets subject to amortization are as follows: December 31, 2022 Gross Accumulated Net Trade names $ 2,300 $ (2,300) $ — Non-compete agreements 2,400 (2,400) — Other intangibles 1,200 (702) 498 $ 5,900 $ (5,402) $ 498 June 30, 2022 Gross Accumulated Net Trade names $ 2,300 $ (2,262) $ 38 Non-compete agreements 2,400 (2,360) 40 Other intangibles 1,200 (642) 558 $ 5,900 $ (5,264) $ 636 For the three months ended December 31, 2022 and 2021, amortization expense o f in

Fair Value Measurements

Fair Value Measurements	6 Months Ended
	Dec. 31, 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 December 31, June 30, Assets: Money market accounts I $ 31,135 $ 26,018 Time deposit I 713 56,082 Equity investments I 12,126 2,736 Total assets measured at fair value $ 43,974 $ 84,836 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: December 31, 2022 June 30, 2022 Carrying Fair Carrying Fair Liabilities Debt, current (a) $ 30,000 $ 30,000 $ 30,000 $ 30,000 Long-term debt (b) $ 405,000 $ 405,000 $ 220,000 $ 220,000 _________________ (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 based on valuation of similar securities. See Note 11 for further details. (b) 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 debt bears interest at a variable rate indexed to current market conditions. See Note 11 for further details.

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
	Dec. 31, 2022
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Commitments As more fully described in Note 12 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022, the Company’s commitments consist primarily 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. In addition, see Note 7 for more information on the contractual obligations related to future lease payments. The Company did not have any material changes in its contractual obligations, including off-balance sheet commitments, since the end of fiscal year 2022 other than activities in the ordinary course of business. Legal Matters The Company is a defendant in various lawsuits. Although the outcome of these lawsuits cannot be predicted with certainty (including the extent of available insurance), management does not believe that resolution of these lawsuits will have a material adverse effect on the Company.

Debt

Debt	6 Months Ended
	Dec. 31, 2022
Debt Disclosure [Abstract]
Debt	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. During the six months ended December 31, 2022, the Company borrowed an additional $55,000 and made principal repayments of $15,000 under the 2021 Knicks Revolving Credit Facility. The outstanding balance under the 2021 Knicks Revolving Credit Facility was $260,000 as of December 31, 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 December 31, 2022 was 5.86%. During the six months ended December 31, 2022 the Company made interest payments of $5,053 in respect of the 2021 Knicks Revolving Credit Facility. 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 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 December 31, 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 six months ended December 31, 2022, the Company borrowed $160,000 and made principal repayments of $15,000 under the 2021 Rangers Revolving Credit Facility. The outstanding balance under the 2021 Rangers Revolving Credit Facility was $145,000 as of December 31, 2022, which was recorded as Long-term debt in the accompanying consolidated balance sheet. The interest rate on the 2021 Rangers Revolving Credit Facility as of December 31, 2022 was 6.40%. During the six months ended December 31, 2022 the Company made interest payments of $1,569 in respect of the 2021 Rangers Revolving Credit Facility. In addition, on February 3, 2023, the Company made an additional principal repayment of $15,000 under the 2021 Rangers Revolving Credit Facility. 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 December 31, 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 December 31, 2022 and was recorded as Debt in the accompanying consolidated balance sheet. During the six months ended December 31, 2022 the Company made interest payments of $450. 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: December 31, June 30, Other current assets $ 1,145 $ 1,145 Other assets 3,382 3,954

Benefit Plans

Benefit Plans	6 Months Ended
	Dec. 31, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Benefit Plans	Benefit Plans Defined Benefit Pension Plans Prior to the MSGE Distribution, the Company sponsored various defined benefit pension plans and a contributory welfare 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. See Note 14 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information with regard to the liabilities retained by the Company from certain plans, which were transferred to the MSG Sports, LLC Excess Cash Balance Plan and MSG Sports, LLC 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 presents components of net periodic benefit cost for the MSGS Pension Plans included in the accompanying consolidated statements of operations for the three and six months ended December 31, 2022 and 2021. Net periodic benefit cost is reported in Miscellaneous income (expense), net. Three Months Ended Six Months Ended December 31, December 31, 2022 2021 2022 2021 Interest cost $ 60 $ 31 $ 120 $ 62 Recognized actuarial loss 4 33 8 66 Net periodic benefit cost $ 64 $ 64 $ 128 $ 128 Defined Contribution 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”). As a result of the MSGE Distribution, the Savings Plans 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 the MSG Sports LLC Excess Savings Plan to provide non-qualified retirement benefits to eligible MSG Sports employees. See Note 14 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information with regard to the liabilities retained by the Company. Ex penses related to the Savings Plans that are included in the accompanying consolidated statements of operations were $1,072 and $2,137 for the three and six months ended December 31, 2022, respectively, and $899 and $1,838 for the three and six months ended December 31, 2021 respectively. Executive Deferred Compensation Plan See Note 14 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information regarding the Company’s Executive Deferred Compensation Plan (the “Deferred Compensation Plan”). The Company recorded compensation expense of $449 and $346 for the three and six months ended December 31, 2022, respectively, within Selling, general and administrative expenses to reflect the remeasurement of the Deferred Compensation Plan liability. In addition, the Company recorded gains of $449 and $346 for the three and six months ended December 31, 2022, respectively, within Miscellaneous income (expense), net to reflect the remeasurement of the fair value of assets under the Deferred Compensation Plan. The following table summarizes amounts recognized related to the Deferred Compensation Plan in the consolidated balance sheets: December 31, June 30, Non-current assets (included in other assets) $ 12,126 $ 2,736 Current liabilities (included in accrued employee related costs) (1,140) (123) Non-current liabilities (included in other employee related costs) (10,986) (2,613)

Share-based Compensation

Share-based Compensation	6 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Share-based Compensation	Share-based Compensation See Note 15 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information regarding the Company’s 2015 Employee Stock Plan (the “Employee Stock Plan”) and its 2015 Stock Plan for Non-Employee Directors. Share-based compensation expense was recognized in the consolidated statements of operations as a component of Selling, general and administrative expenses. Share-based compensation expense was $11,619 and $18,839 for the three and six months ended December 31, 2022, respectively and $7,354 and $12,205 for the three and six months ended December 31, 2021, respectively. There were no costs related to share-based compensation that were capitalized for the three and six months ended December 31, 2022 and 2021 respectively. Restricted Stock Units Award Activity The following table summarizes activity related to the Company’s restricted stock units and performance restricted stock units, collectively referred to as “RSUs,” held by the Company and MSG Entertainment employees and non-employee directors, for the six months ended December 31, 2022: Number of Weighted-Average Fair Value Per Share at Date of Grant (a) Nonperformance Performance Unvested award balance, June 30, 2022 199 189 $ 198.21 Granted 73 57 $ 161.41 Vested (135) (87) $ 218.14 Forfeited / Cancelled (1) (1) $ 158.48 Unvested award balance, December 31, 2022 136 158 $ 167.13 _____________________ (a) Weighted-average fair value per share at date of grant does not reflect any adjustments to awards granted prior to the MSGE Distribution. The fair value of RSUs that vested during the six months ended December 31, 2022 was $34,233. Upon delivery, RSUs granted under the Employee Stock Plan were net share-settled to cover the required statutory tax withholding obligations. To fulfill the Company’s and MSG Entertainment’s employees’ required statutory tax withholding obligations for the applicable income and other employment taxes, 100 of these RSUs, with an aggregate value of $15,441, inclusive of $4,233 related to MSG Entertainment employees (who vested in the Company’s RSUs), were retained by the Company and the taxes paid are reflected as a financing activity in the accompanying consolidated statement of cash flows for the six months ended December 31, 2022. The fair value of RSUs that vested during the six months ended December 31, 2021 was $38,828. The weighted-average fair value per share at grant date of RSUs granted during the six months ended December 31, 2021 w as $161.16. Stock Options Award Activity The following table summarizes activity related to the Company’s stock options for the six months ended December 31, 2022: Number of Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Balance as of June 30, 2022 94 $ 145.78 Granted — $ — Cancelled — $ — Balance as of December 31, 2022 94 $ 138.78 4.96 $ 4,180 Exercisable as of December 31, 2022 94 $ 138.78 4.96 $ 4,180

Stock Repurchase Program

Stock Repurchase Program	6 Months Ended
	Dec. 31, 2022
Equity [Abstract]
Stock Repurchase Program	Stock Repurchase Program Effective as of October 1, 2015, the Company’s board of directors authorized the repurchase of up to $525,000 of the Company’s Class A Common Stock. Under the authorization, shares of Class A Common Stock may be purchased from time to time in open market or private transactions, block trades or such other manner as the Company may determine, 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. On October 6, 2022, the Company’s Board of Directors authorized a $75,000 accelerated share repurchase (“ASR”) program under the Company’s existing share repurchase authorization. On October 28, 2022, the Company entered into a $75,000 ASR agreement with JPMorgan Chase Bank, National Association (“JP Morgan”). Pursuant to the ASR agreement, the Company made a payment of $75,000 to JP Morgan and JP Morgan delivered 388,777 initial shares of Class A Common Stock to the Company on November 1, 2022, representing 80% of the total shares expected to be repurchased under the ASR (determined based on the closing price of the Company’s Class A Common Stock of $154.33 on October 28, 2022). The ASR was completed on January 31, 2023 with JP Morgan delivering 67,681 additional shares of Class A Common Stock to the Company upon final settlement. The average purchase price per share for shares of Class A Common Stock purchased by the Company pursuant to the ASR was $164.31. The ASR is accounted for as a repurchase of shares and as an equity forward contract indexed to the Company’s Class A Common Stock. The equity forward contract is classified as an equity instrument under ASC Subtopic 815-40. The Company has treated the initial shares of Class A Common Stock delivered as treasury shares as of the date the shares were physically delivered in computing the weighted average shares of outstanding Class A Common Stock for both basic and diluted earnings per share. As of December 31, 2022, the Company had $184,639 of availability remaining under its stock repurchase authorization .

Related Party Transactions

Related Party Transactions	6 Months Ended
	Dec. 31, 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 December 31, 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 3.2% 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 71.0% 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”). The Company is party to the following agreements and/or arrangements with MSG Entertainment (including its subsidiary MSG Networks), as applicable: • 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 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 between the Company and MSG Networks, 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 and executive support services, in exchange for service fees and (ii) provides certain services to MSG Entertainment, such as certain communications, legal 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 aircraft it leases from other related parties 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 shares 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 costs for the Company’s former 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 usage 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. Revenues and Operating Expenses 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 three and six months ended December 31, 2022 and 2021: Three Months Ended December 31, Six Months Ended December 31, 2022 2021 2022 2021 Revenues (a) $ 74,950 $ 70,131 $ 83,124 $ 77,378 Operating expenses: Corporate expenses pursuant to Services Agreement with MSG Entertainment $ 9,817 $ 10,990 $ 19,330 $ 19,874 Rent expense (sublease) due to MSG Entertainment 723 765 1,421 1,480 Costs associated with the Sponsorship sales and service representation agreements 5,726 5,735 8,659 8,468 Operating lease expense associated with the Arena License Agreements 31,617 27,686 32,928 28,997 Other costs associated with the Arena License Agreements 15,097 11,370 16,067 12,019 Other operating expenses, net (62) 208 5 321 ____________________ (a) 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.

Income Taxes

Income Taxes	6 Months Ended
	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense for the three and six months ended December 31, 2022 is $24,555 and $4,062, respectively, with an effective tax rate of 53% and 55%, respectively. In general, the Company is required to use an estimated annual effective tax rate to measure the tax benefit or tax expense recognized in an interim period. The estimated annual effective tax rate exceeds the statutory federal tax rate of 21% primarily due to state taxes, nondeductible officers’ compensation, and disability insurance premiums expense. The estimated annual effective tax rate is revised on a quarterly basis. Income tax expense for the three months ended December 31, 2021 of $17,115 reflects an effective tax rate of 53% and income tax benefit for the six months ended December 31, 2021 of $4,054 reflects an effective tax rate of 71%. In general, the Company is required to use an estimated annual effective tax rate to measure the tax benefit or tax expense recognized in an interim period. The estimated annual effective tax rate exceeds the statutory federal tax rate of 21% in the three and six months ended December 31, 2021 primarily due to state taxes, nondeductible officers’ compensation, disability insurance premiums expense and excess tax benefit on share-based payment awards that was recognized in the first quarter of fiscal year 2022. The estimated annual effective tax rate is revised on a quarterly basis. 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.

Accounting Policies (Policies)

Accounting Policies (Policies)	6 Months Ended
	Dec. 31, 2022
Accounting Policies [Abstract]
Basis of Presentation	Basis of PresentationThe accompanying unaudited consolidated interim financial statements (referred to as the “Financial Statements” herein) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) and Article 10 of Regulation S-X of the SEC for interim financial information, and should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 (“fiscal year 2022”). The Financial Statements presented in this Quarterly Report on Form 10-Q are unaudited; however, in the opinion of management, the Financial Statements reflect all adjustments, consisting solely of normal recurring adjustments, necessary for a fair presentation of the results for the interim periods presented. The results of operations for the periods presented are not necessarily indicative of the results that might be expected for future interim periods or for the full year. The dependence of MSG Sports on revenues from its NBA and NHL sports teams generally means it earns a disproportionate share of its revenues in the second and third quarters of the Company’s fiscal year, which is when the majority of the teams’ games are played.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements of the Company include the accounts of Madison Square Garden Sports Corp. and its subsidiaries. All significant intercompany transactions and balances have been eliminated in consolidation. In addition, the consolidated financial statements of the Company include the accounts from CLG, in which the Company has a controlling voting interest. The Company’s consolidation criteria are based on authoritative accounting guidance for voting interest, controlling interest or variable interest entities. CLG is consolidated with the equity owned by other shareholders shown as nonredeemable noncontrolling interests in the accompanying consolidated balance sheets, and the other shareholders’ portion of net earnings (loss) and other comprehensive income (loss) shown as net income (loss) or comprehensive income (loss) attributable to nonredeemable noncontrolling interests in the accompanying consolidated statements of operations and consolidated statements of comprehensive income (loss), respectively.
Use of Estimates	Use of Estimates The preparation of the accompanying Financial Statements in conformity with 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, goodwill, intangible assets, other long-lived assets, deferred tax valuation allowance, 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, Remaining Performance Obligation	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, league-wide national and international television contracts, and certain other arrangements with variable consideration.
Accelerated Stock Repurchase Agreement	The ASR is accounted for as a repurchase of shares and as an equity forward contract indexed to the Company’s Class A Common Stock. The equity forward contract is classified as an equity instrument under ASC Subtopic 815-40. The Company has treated the initial shares of Class A Common Stock delivered as treasury shares as of the date the shares were physically delivered in computing the weighted average shares of outstanding Class A Common Stock for both basic and diluted earnings per share.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Dec. 31, 2022
Revenue Recognition [Abstract]
Schedule of Disaggregation of Revenue	The following table disaggregates the Company’s revenues by type of goods or services in accordance with the required entity-wide disclosure requirements set forth in 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 three and six months ended December 31, 2022 and 2021: Three Months Ended Six Months Ended December 31, December 31, 2022 2021 2022 2021 Event-related (a) $ 142,308 $ 109,074 $ 147,654 $ 112,944 Media rights (b) 118,158 112,308 125,144 118,894 Sponsorship, signage and suite licenses 81,021 58,534 85,835 61,704 League distributions and other 12,207 9,665 19,150 14,833 Total revenues from contracts with customers $ 353,694 $ 289,581 $ 377,783 $ 308,375 _________________ (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, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees.
Schedule of Contract with Customer, Contract Assets and Liabilities	The following table provides information about contract balances from the Company’s contracts with customers as of December 31, 2022 and June 30, 2022. December 31, June 30, 2022 2022 Receivables from contracts with customers, net (a) $ 59,668 $ 24,729 Contract assets, current (b) 13,485 13,839 Deferred revenue, including non-current portion (c), (d) 219,222 163,491 _________________ (a) Receivables from contracts with customers, net, which are reported in Accounts receivable, net and Net related party receivables in the Company’s accompanying consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of December 31, 2022 and June 30, 2022, the Company’s receivables reported above incl uded $5,971 and $1,258, respectively, related to various related parties associated with contracts with customers. See Note 15 for further details on 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 player compensation recoveries and luxury tax payments. As of December 31, 2022, the Company had receivable balances related to escrow and player compensation recoveries of $15,593 recorded in Account s receivable, net. As of June 30, 2022, the Company had receivable balances related to escrow and player compensation recover ies of $12,464 and $6,782, reco rded in Accounts receivable, net and Other assets, respectively. (b) Contract assets, current, which are reported as Other current assets in the Company’s accompanying 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 a 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 related to local media rights was $10,700 and $0 as of December 31, 2022 and June 30, 2022, respectively. See Note 15 for further details on these related party arrangements.
Schedule of Revenue, Remaining Performance Obligation	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 December 31, 2022 and is based on current projections. 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, league-wide national and international television contracts, and certain other arrangements with variable consideration. Fiscal Year 2023 (remainder) $ 89,745 Fiscal Year 2024 127,850 Fiscal Year 2025 88,491 Fiscal Year 2026 52,674 Fiscal Year 2027 28,675 Thereafter 24,972 $ 412,407

Computation of Earnings (Loss_2

Computation of Earnings (Loss) per Common Share (Tables)	6 Months Ended
	Dec. 31, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table presents a reconciliation of earnings allocated to common shares and 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. Three Months Ended Six Months Ended December 31, December 31, 2022 2021 2022 2021 Net earnings (loss) allocable to common shares, basic and diluted (numerator): Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders $ 22,491 $ 15,845 $ 4,671 $ (560) Less: Dividends to other-than-common stockholders (a) 2,056 — 2,056 — Net earnings allocable to common shares, basic and diluted (numerator): $ 20,435 $ 15,845 $ 2,615 $ (560) Weighted-average shares (denominator): Weighted-average shares for basic EPS 24,130 24,261 24,213 24,217 Dilutive effect of shares issuable under share-based compensation plans 59 112 93 — Weighted-average shares for diluted EPS 24,189 24,373 24,306 24,217 Weighted-average shares excluded from diluted EPS — — — 154 Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders $ 0.85 $ 0.65 $ 0.11 $ (0.02) Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders $ 0.84 $ 0.65 $ 0.11 $ (0.02) _________________ (a) Dividends to other-than-common stockholders consists of forfeitable rights to dividends declared and payable to holders of the Company’s unvested restricted stock units and performance restricted stock units.

Cash, Cash Equivalents and Re_2

Cash, Cash Equivalents and Restricted Cash (Tables)	6 Months Ended
	Dec. 31, 2022
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]
Schedule Of Cash, Cash Equivalents, Restricted Cash And Restricted Cash Equivalents	The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of December 31, June 30, December 31, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 43,912 $ 91,018 $ 54,815 $ 64,902 Restricted cash (a) 1,246 — 745 7,134 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 45,158 $ 91,018 $ 55,560 $ 72,036 _________________ (a) Restricted cash as of December 31, 2022 and December 31, 2021 primarily included cash deposited in an escrow account (see Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information). For the period ended June 30, 2021, restricted cash relates to the Company’s revolving credit facilities (see Note 11 for more information).

Leases (Tables)

Leases (Tables)	6 Months Ended
	Dec. 31, 2022
Leases [Abstract]
Schedule of Supplemental Information	The following table summarizes the right-of-use assets and lease liabilities recorded on the Company’s accompanying consolidated balance sheets as of December 31, 2022 and June 30, 2022: Line Item in the Company’s Consolidated Balance Sheet December 31, June 30, Right-of-use assets: Operating leases Right-of-use lease assets $ 678,110 $ 686,782 Lease liabilities: Operating leases, current (a) Operating lease liabilities, current $ 43,751 $ 43,699 Operating leases, noncurrent (a) Operating lease liabilities, noncurrent 702,667 699,587 Total lease liabilities $ 746,418 $ 743,286 _________________ (a) As of December 31, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,380 and $702,667, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment.
Schedule of Lease Cost	The following table summarizes the activity recorded within the Company’s accompanying consolidated statements of operations for the three and six months ended December 31, 2022 and 2021: Line Item in the Company’s Consolidated Statement of Operations Three Months Ended December 31, Six Months Ended December 31, 2022 2021 2022 2021 Operating lease cost Direct operating expenses $ 31,811 $ 27,860 $ 33,214 $ 29,267 Operating lease cost Selling, general and administrative expenses 613 613 1,226 1,224 Short-term lease cost Direct operating expenses 70 41 115 77 Total lease cost $ 32,494 $ 28,514 $ 34,555 $ 30,568
Schedule of Operating Lease Liability	Maturities of operating lease liabilities as of December 31, 2022 are as follows: Fiscal Year 2023 (remainder) $ 22,809 Fiscal Year 2024 45,361 Fiscal Year 2025 44,900 Fiscal Year 2026 45,374 Fiscal Year 2027 46,735 Thereafter 2,066,577 Total lease payments 2,271,756 Less imputed interest (1,525,338) Total lease liabilities $ 746,418

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	6 Months Ended
	Dec. 31, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Indefinite-Lived Intangible Assets	The Company’s indefinite-lived intangible assets as of December 31, 2022 and June 30, 2022 are as follows: Sports franchises $ 111,064 Photographic related rights 1,080 $ 112,144
Schedule of Intangible Assets Subject to Amortization	The Company’s intangible assets subject to amortization are as follows: December 31, 2022 Gross Accumulated Net Trade names $ 2,300 $ (2,300) $ — Non-compete agreements 2,400 (2,400) — Other intangibles 1,200 (702) 498 $ 5,900 $ (5,402) $ 498 June 30, 2022 Gross Accumulated Net Trade names $ 2,300 $ (2,262) $ 38 Non-compete agreements 2,400 (2,360) 40 Other intangibles 1,200 (642) 558 $ 5,900 $ (5,264) $ 636

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
	Dec. 31, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets Measured on a 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 December 31, June 30, Assets: Money market accounts I $ 31,135 $ 26,018 Time deposit I 713 56,082 Equity investments I 12,126 2,736 Total assets measured at fair value $ 43,974 $ 84,836 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.
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: December 31, 2022 June 30, 2022 Carrying Fair Carrying Fair Liabilities Debt, current (a) $ 30,000 $ 30,000 $ 30,000 $ 30,000 Long-term debt (b) $ 405,000 $ 405,000 $ 220,000 $ 220,000 _________________ (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 based on valuation of similar securities. See Note 11 for further details. (b) 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 debt bears interest at a variable rate indexed to current market conditions. See Note 11 for further details.

Debt (Tables)

Debt (Tables)	6 Months Ended
	Dec. 31, 2022
Debt Disclosure [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: December 31, June 30, Other current assets $ 1,145 $ 1,145 Other assets 3,382 3,954

Benefit Plans (Tables)

Benefit Plans (Tables)	6 Months Ended
	Dec. 31, 2022
Defined Benefit Plans and Other Postretirement Benefit Plans Disclosures [Abstract]
Schedule of Net Periodic Benefit Cost	The following table presents components of net periodic benefit cost for the MSGS Pension Plans included in the accompanying consolidated statements of operations for the three and six months ended December 31, 2022 and 2021. Net periodic benefit cost is reported in Miscellaneous income (expense), net. Three Months Ended Six Months Ended December 31, December 31, 2022 2021 2022 2021 Interest cost $ 60 $ 31 $ 120 $ 62 Recognized actuarial loss 4 33 8 66 Net periodic benefit cost $ 64 $ 64 $ 128 $ 128
Schedule of Deferred Compensation Plan	The following table summarizes amounts recognized related to the Deferred Compensation Plan in the consolidated balance sheets: December 31, June 30, Non-current assets (included in other assets) $ 12,126 $ 2,736 Current liabilities (included in accrued employee related costs) (1,140) (123) Non-current liabilities (included in other employee related costs) (10,986) (2,613)

Share-based Compensation (Table

Share-based Compensation (Tables)	6 Months Ended
	Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]
Schedule of Share-based Payment Arrangement Restricted Stock Unit	The following table summarizes activity related to the Company’s restricted stock units and performance restricted stock units, collectively referred to as “RSUs,” held by the Company and MSG Entertainment employees and non-employee directors, for the six months ended December 31, 2022: Number of Weighted-Average Fair Value Per Share at Date of Grant (a) Nonperformance Performance Unvested award balance, June 30, 2022 199 189 $ 198.21 Granted 73 57 $ 161.41 Vested (135) (87) $ 218.14 Forfeited / Cancelled (1) (1) $ 158.48 Unvested award balance, December 31, 2022 136 158 $ 167.13 _____________________ (a) Weighted-average fair value per share at date of grant does not reflect any adjustments to awards granted prior to the MSGE Distribution.
Schedule of Share-based Payment Arrangement Option	The following table summarizes activity related to the Company’s stock options for the six months ended December 31, 2022: Number of Weighted-Average Exercise Price Per Share Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Balance as of June 30, 2022 94 $ 145.78 Granted — $ — Cancelled — $ — Balance as of December 31, 2022 94 $ 138.78 4.96 $ 4,180 Exercisable as of December 31, 2022 94 $ 138.78 4.96 $ 4,180

Related Party Transactions (Tab

Related Party Transactions (Tables)	6 Months Ended
	Dec. 31, 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 three and six months ended December 31, 2022 and 2021: Three Months Ended December 31, Six Months Ended December 31, 2022 2021 2022 2021 Revenues (a) $ 74,950 $ 70,131 $ 83,124 $ 77,378 Operating expenses: Corporate expenses pursuant to Services Agreement with MSG Entertainment $ 9,817 $ 10,990 $ 19,330 $ 19,874 Rent expense (sublease) due to MSG Entertainment 723 765 1,421 1,480 Costs associated with the Sponsorship sales and service representation agreements 5,726 5,735 8,659 8,468 Operating lease expense associated with the Arena License Agreements 31,617 27,686 32,928 28,997 Other costs associated with the Arena License Agreements 15,097 11,370 16,067 12,019 Other operating expenses, net (62) 208 5 321 ____________________ (a) 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.

Description of Business and B_2

Description of Business and Basis of Presentation - Narrative (Details)	6 Months Ended
	Dec. 31, 2022 numberOfOperatingSegment numberOfReportableSegment
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Number of operating segments | numberOfOperatingSegment	1
Number of reportable segments | numberOfReportableSegment	1

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		$ 353,694	$ 289,581	$ 377,783	$ 308,375
Event-related
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers	[1]	142,308	109,074	147,654	112,944
Media rights
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers	[2]	118,158	112,308	125,144	118,894
Sponsorship, signage and suite licenses
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		81,021	58,534	85,835	61,704
League distributions and other
Disaggregation of Revenue [Line Items]
Total revenues from contracts with customers		$ 12,207	$ 9,665	$ 19,150	$ 14,833
[1]Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden.[2]Consists of (i) local media rights fees, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees.

Revenue Recognition - Contract

Revenue Recognition - Contract Balances (Details) - USD ($) $ in Thousands		6 Months Ended
		Dec. 31, 2022	Jun. 30, 2022
Contract Assets and Liabilities [Line Items]
Contract with customer, deferred revenue, revenue recognized		$ 73,474
Receivables from contracts with customers, net
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	[1]	59,668	$ 24,729
Contract assets, current
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net	[2]	13,485	13,839
Deferred Revenue
Contract Assets and Liabilities [Line Items]
Deferred revenue, including non-current portion	[3],[4]	219,222	163,491
Deferred Revenue | NBA
Contract Assets and Liabilities [Line Items]
Deferred revenue, including non-current portion		30,000	30,000
Deferred Revenue | Local media rights
Contract Assets and Liabilities [Line Items]
Deferred revenue, including non-current portion		10,700	0
Net related party receivables | Affiliated Entities
Contract Assets and Liabilities [Line Items]
Contracts with customers, assets, net		5,971	1,258
Accounts receivable, net
Contract Assets and Liabilities [Line Items]
Escrow recoveries		$ 15,593	12,464
Other Assets
Contract Assets and Liabilities [Line Items]
Player compensation recoveries			$ 6,782
[1] Receivables from contracts with customers, net, which are reported in Accounts receivable, net and Net related party receivables in the Company’s accompanying consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of December 31, 2022 and June 30, 2022, the Company’s receivables reported above incl uded $5,971 and $1,258, respectively, related to various related parties associated with contracts with customers. See Note 15 for further details on 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 player compensation recoveries and luxury tax payments. As of December 31, 2022, the Company had receivable balances related to escrow and player compensation recoveries of $15,593 recorded in Account s receivable, net. As of June 30, 2022, the Company had receivable balances related to escrow and player compensation recover ies of $12,464 and $6,782, reco rded in Accounts receivable, net and Other assets, respectively.

Revenue Recognition - Remaining

Revenue Recognition - Remaining Performance Obligation (Details) $ in Thousands	Dec. 31, 2022 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 412,407
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 89,745
Remaining performance obligation period	6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 127,850
Remaining performance obligation period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 88,491
Remaining performance obligation period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 52,674
Remaining performance obligation period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 28,675
Remaining performance obligation period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 24,972
Remaining performance obligation period	1 year

Computation of Earnings (Loss_3

Computation of Earnings (Loss) per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Net earnings (loss) allocable to common shares, basic and diluted (numerator):
Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders	$ 22,491	$ 15,845	$ 4,671	$ (560)
Less: Dividends to non-common stockholders	2,056	0	2,056	0
Net earnings allocable to common shares, basic and diluted (numerator):	$ 20,435	$ 15,845	$ 2,615	$ (560)
Weighted-average shares (denominator):
Weighted-average shares for basic EPS (in shares)	24,130	24,261	24,213	24,217
Dilutive effect of shares issuable under share-based compensation plans (in shares)	59	112	93	0
Weighted-average shares for diluted EPS (in shares)	24,189	24,373	24,306	24,217
Weighted-average shares excluded from diluted EPS (in shares)	0	0	0	154
Basic earnings (loss) per common share, attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	$ 0.85	$ 0.65	$ 0.11	$ (0.02)
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.'s stockholders (in USD per share)	$ 0.84	$ 0.65	$ 0.11	$ (0.02)

Team Personnel Transactions (De

Team Personnel Transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Team Personnel Transactions [Abstract]
Team personnel transaction expense	$ 29	$ (302)	$ (300)	$ 425

Cash, Cash Equivalents and Re_3

Cash, Cash Equivalents and Restricted Cash (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021
Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents [Abstract]
Cash and cash equivalents		$ 43,912	$ 91,018	$ 54,815	$ 64,902
Restricted cash	[1]	1,246	0	745	7,134
Cash, cash equivalents and restricted cash on the consolidated statements of cash flows		$ 45,158	$ 91,018	$ 55,560	$ 72,036
[1]Restricted cash as of December 31, 2022 and December 31, 2021 primarily included cash deposited in an escrow account (see Note 2 to the consolidated financial statements included in the Company’s Annual Report on Form 10-K for the year ended June 30, 2022 for more information). For the period ended June 30, 2021, restricted cash relates to the Company’s revolving credit facilities (see Note 11 for more information).

Leases - Lease Term (Details)

Leases - Lease Term (Details)	Dec. 31, 2022
Minimum
Lessee, Lease, Description [Line Items]
Operating lease term	5 months
Maximum
Lessee, Lease, Description [Line Items]
Operating lease term	33 years

Leases - Assets and Liabilities

Leases - Assets and Liabilities Recognized (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Jun. 30, 2022
Lessee, Lease, Description [Line Items]
Right-of-use lease assets		$ 678,110	$ 686,782
Operating lease liabilities, current	[1]	43,751	43,699
Operating lease liabilities, noncurrent	[1]	702,667	699,587
Total lease liabilities		746,418	743,286
MSG Entertainment
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current		43,380	43,028
Operating lease liabilities, noncurrent		$ 702,667	$ 699,587
[1]As of December 31, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,380 and $702,667, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating lease liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that are payable to MSG Entertainment.

Leases - Costs Incurred in the

Leases - Costs Incurred in the Period (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Lessee, Lease, Description [Line Items]
Total lease cost	$ 32,494	$ 28,514	$ 34,555	$ 30,568
Direct operating expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	31,811	27,860	33,214	29,267
Short-term lease cost	70	41	115	77
Selling, general and administrative expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 613	$ 613	$ 1,226	$ 1,224

Leases - Supplemental Informati

Leases - Supplemental Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021
Leases [Abstract]
Operating lease payments	$ 22,526	$ 21,689
Operating lease, weighted average remaining term	32 years 3 months 18 days
Operating lease, weighted average discount rate	7.13%

Leases - Remaining Liabilities

Leases - Remaining Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Leases [Abstract]
Fiscal Year 2023 (remainder)	$ 22,809
Fiscal Year 2024	45,361
Fiscal Year 2025	44,900
Fiscal Year 2026	45,374
Fiscal Year 2027	46,735
Thereafter	2,066,577
Total lease payments	2,271,756
Less imputed interest	(1,525,338)
Total lease liabilities	$ 746,418	$ 743,286

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended
	Dec. 31, 2022	Sep. 30, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021	Jun. 30, 2022
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill impairment		$ 0
Goodwill	$ 226,955			$ 226,955		$ 226,955
Impairment of indefinite-lived intangible assets		$ 0
Amortization of intangible assets	$ 30		$ 265	$ 138	$ 530

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets - Schedule of Indefinite-Lived Intangible Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
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	Dec. 31, 2022	Jun. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Gross	$ 5,900	$ 5,900
Accumulated Amortization	(5,402)	(5,264)
Net	498	636
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross	2,300	2,300
Accumulated Amortization	(2,300)	(2,262)
Net	0	38
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross	2,400	2,400
Accumulated Amortization	(2,400)	(2,360)
Net	0	40
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Gross	1,200	1,200
Accumulated Amortization	(702)	(642)
Net	$ 498	$ 558

Fair Value Measurements - Asset

Fair Value Measurements - Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 43,974	$ 84,836
Level I | Money market accounts
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	31,135	26,018
Level I | Time deposit
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	713	56,082
Level I | Equity investments
Fair Value, Assets And Liabilities Measured On Recurring And Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 12,126	$ 2,736

Fair Value Measurements - Sched

Fair Value Measurements - Schedule of Financial Instruments (Details) - USD ($) $ in Thousands		Dec. 31, 2022	Jun. 30, 2022
Carrying Value
Schedule Of Financial Instruments [Line Items]
Debt, current	[1]	$ 30,000	$ 30,000
Long-term debt	[2]	405,000	220,000
Fair Value
Schedule Of Financial Instruments [Line Items]
Debt, current	[1]	30,000	30,000
Long-term debt	[2]	$ 405,000	$ 220,000
[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 based on valuation of similar securities. See Note 11 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 debt bears interest at a variable rate indexed to current market conditions. See Note 11 for further details

Debt - Knicks and Rangers Credi

Debt - Knicks and Rangers Credit Facilities (Details)			6 Months Ended
	Jan. 25, 2017 USD ($)	Sep. 30, 2016 USD ($)	Dec. 31, 2022 USD ($) fiscal_quarter	Feb. 03, 2023 USD ($)	Dec. 14, 2021 USD ($)	Nov. 06, 2020 USD ($)
2021 Knicks Revolving Credit Facility
Line of Credit Facility [Line Items]
Proceeds from debt			$ 55,000,000
Annual principal payment			15,000,000
Line of credit facility amount outstanding			$ 260,000,000
Effective interest rate			5.86%
Interest payments			$ 5,053,000
2021 Rangers Revolving Credit Facility
Line of Credit Facility [Line Items]
Proceeds from debt			160,000,000
Annual principal payment			15,000,000
Line of credit facility amount outstanding			$ 145,000,000
Effective interest rate			6.40%
Interest payments			$ 1,569,000
2021 Rangers Revolving Credit Facility | Subsequent Event
Line of Credit Facility [Line Items]
Annual principal payment				$ 15,000,000
Collateral Pledged | 2016 Knicks Revolving Credit Facility | Knicks
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 200,000,000
Debt instrument, term		5 years
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks
Line of Credit Facility [Line Items]
Maximum borrowing capacity					$ 275,000,000
Debt service ratio			1.5
Debt service ratio, terms, number of trailing quarters | fiscal_quarter			4
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Credit spread adjustment			0.10%
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage			0.25%
Qualified revenues threshold, percentage of available credit facility			350%
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Minimum | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			0.25%
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			1.25%
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage			0.30%
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Maximum | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			0.50%
Collateral Pledged | 2021 Knicks Revolving Credit Facility | Knicks | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			1.50%
Collateral Pledged | 2017 Rangers Revolving Credit Facility | Rangers
Line of Credit Facility [Line Items]
Maximum borrowing capacity	$ 150,000,000
Debt instrument, term	5 years
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers
Line of Credit Facility [Line Items]
Maximum borrowing capacity					$ 250,000,000
Debt service ratio			1.5
Debt service ratio, terms, number of trailing quarters | fiscal_quarter			4
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Credit spread adjustment			0.10%
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage			0.375%
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Minimum | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			0.50%
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Minimum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			1.50%
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage			0.625%
Qualified revenues threshold, percentage of available credit facility			17%
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Maximum | Base Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			1%
Collateral Pledged | 2021 Rangers Revolving Credit Facility | Rangers | Maximum | Secured Overnight Financing Rate (SOFR) Overnight Index Swap Rate
Line of Credit Facility [Line Items]
Basis spread on variable rate			2%
Uncollateralized | 2020 Knicks Holdings Revolving Credit Facility | Knicks
Line of Credit Facility [Line Items]
Maximum borrowing capacity						$ 75,000,000

Debt - Rangers Advance Agreemen

Debt - Rangers Advance Agreement (Details) - USD ($) $ in Thousands	3 Months Ended
	Dec. 31, 2022	Jun. 30, 2022	Mar. 19, 2021
Debt [Line Items]
Debt	$ 30,000	$ 30,000
Collateral Pledged | 2021 Rangers NHL Advance | Rangers
Debt [Line Items]
Maximum capacity			$ 30,000
Fixed interest rate	3%
Debt	$ 30,000
Interest payments	$ 450

Debt - Other Deferred Financing

Debt - Other Deferred Financing Costs (Details) - USD ($) $ in Thousands	Dec. 31, 2022	Jun. 30, 2022
Other current assets
Debt Instrument [Line Items]
Debt issuance costs, net	$ 1,145	$ 1,145
Other assets
Debt Instrument [Line Items]
Debt issuance costs, net	$ 3,382	$ 3,954

Benefit Plans - Schedule of Net

Benefit Plans - Schedule of Net Periodic Benefit Cost (Details) - Pension Plan - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 60	$ 31	$ 120	$ 62
Recognized actuarial loss	4	33	8	66
Net periodic benefit cost	$ 64	$ 64	$ 128	$ 128

Benefit Plans - Narratives (Det

Benefit Plans - Narratives (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Savings Plans
Defined Contribution Plan Disclosure [Line Items]
Savings plan expense	$ 1,072	$ 899	$ 2,137	$ 1,838

Benefit Plans - Executive Defer

Benefit Plans - Executive Deferred Compensation Plan (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2022	Dec. 31, 2022	Jun. 30, 2022
Deferred Compensation Plan [Line Items]
Deferred compensation arrangement with individual, compensation expense	$ 449	$ 346
Current liabilities (included in accrued employee related costs)	(1,140)	(1,140)	$ (123)
Non-current liabilities (included in other employee related costs)	(10,986)	(10,986)	(2,613)
Equity investments | Level I
Deferred Compensation Plan [Line Items]
Non-current assets (included in other assets)	$ 12,126	$ 12,126	$ 2,736

Share-based Compensation - Narr

Share-based Compensation - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Share-Based Payment Arrangement [Abstract]
Share-based compensation expense	$ 11,619	$ 7,354	$ 18,839	$ 12,205
Share-based compensation capitalized in property and equipment	$ 0	$ 0	$ 0	$ 0

Share-based Compensation - Rest

Share-based Compensation - Restricted Stock Units Activity (Details) - Restricted Stock Units (RSUs) - $ / shares shares in Thousands		6 Months Ended
		Dec. 31, 2022		Dec. 31, 2021
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Beginning balance (USD per share)	[1]	$ 198.21
Granted (USD per share)		161.41	[1]	$ 161.16
Vested (USD per share)	[1]	218.14
Forfeited / Cancelled (USD per share)	[1]	158.48
Ending balance (USD per share)	[1]	$ 167.13
Nonperformance Based Vesting RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (shares)		199
Granted (shares)		73
Vested (shares)		(135)
Forfeited / Cancelled (shares)		(1)
Ending balance (shares)		136
Performance Based Vesting RSUs
Share-based Compensation Arrangement by Share-based Payment Award, Non-Option Equity Instruments, Outstanding [Roll Forward]
Beginning balance (shares)		189
Granted (shares)		57
Vested (shares)		(87)
Forfeited / Cancelled (shares)		(1)
Ending balance (shares)		158
[1]Weighted-average fair value per share at date of grant does not reflect any adjustments to awards granted prior to the MSGE Distribution.

Share-based Compensation - Re_2

Share-based Compensation - Restricted Stock Units Activity Narrative (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Dec. 31, 2022		Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payment for tax witholding	$ 15,440		$ 12,142
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Instruments vested in period	$ 34,233		$ 38,828
Shares withheld for tax withholding obligation, value (shares)	100
Payment for tax witholding	$ 15,441
Granted (USD per share)	$ 161.41	[1]	$ 161.16
Restricted Stock Units (RSUs) | MSG Entertainment
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Payment for tax witholding	$ 4,233
[1]Weighted-average fair value per share at date of grant does not reflect any adjustments to awards granted prior to the MSGE Distribution.

Share-based Compensation - Stoc

Share-based Compensation - Stock Options Activity (Details) $ / shares in Units, shares in Thousands, $ in Thousands	6 Months Ended
	Dec. 31, 2022 USD ($) $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Weighted average remaining contractual term	4 years 11 months 15 days
Exercisable, weighted-average remaining contractual term	4 years 11 months 15 days
Aggregate intrinsic value | $	$ 4,180
Exercisable, aggregate intrinsic value | $	$ 4,180
Nonperformance Based Vesting RSUs
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
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Abstract]
Beginning balance (USD per share) | $ / shares	$ 145.78
Granted (USD per share) | $ / shares	0
Cancelled (USD per share) | $ / shares	0
Ending balance (USD per share) | $ / shares	138.78
Exercisable (USD per share) | $ / shares	$ 138.78

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($)	Nov. 01, 2022	Jan. 31, 2023	Dec. 31, 2022	Oct. 28, 2022	Oct. 06, 2022	Sep. 11, 2015
Class of Stock [Line Items]
Stock repurchase program, authorized amount						$ 525,000,000
Accelerated share repurchase program, authorized amount					$ 75,000,000
Stock repurchase program, remaining authorized amount			$ 184,639,000
Class A Common Stock
Class of Stock [Line Items]
Accelerated share repurchase program, authorized (in shares)	388,777
Accelerated share repurchase program, percentage of shares expected to repurchase	80%
Accelerated share repurchase program (in USD per share)				$ 154.33
Class A Common Stock | Subsequent Event
Class of Stock [Line Items]
Accelerated share repurchase program, additional shares authorized (in shares)		67,681
Accelerated share repurchase program average purchase price (in USD per share)		$ 164.31
Accelerated Share Repurchase Program With JPMorgan Chase Bank, National Association
Class of Stock [Line Items]
Accelerated share repurchase program, authorized amount				$ 75,000,000
Payments for repurchase of common stock	$ 75,000,000

Related Party Transactions - Na

Related Party Transactions - Narrative (Details)	6 Months Ended
	Dec. 31, 2022
Related Party Transaction [Line Items]
Aggregate voting power held by related party	71%
Director | A605 L L C
Related Party Transaction [Line Items]
Ownership percentage	50%
Arena License Agreements | MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	35 years
Related party transaction, percentage of net profits from sales and catering services	50%
Media Rights Agreements | MSG Networks
Related Party Transaction [Line Items]
License agreement term	20 years
Sponsorship Sales And Service Representation Agreements | MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	10 years
Class B Common Stock
Related Party Transaction [Line Items]
Percentage of common stock owned by related party	100%
Class A Common Stock
Related Party Transaction [Line Items]
Percentage of common stock owned by related party	3.20%

Related Party Transactions - Tr

Related Party Transactions - Transactions by Type Table (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Revenues	[1]	$ 74,950	$ 70,131	$ 83,124	$ 77,378
Other operating expenses, net		(62)	208	5	321
MSG Entertainment
Related Party Transaction [Line Items]
Corporate expenses pursuant to Services Agreement with MSG Entertainment		9,817	10,990	19,330	19,874
Rent expense (sublease) due to MSG Entertainment		723	765	1,421	1,480
Costs associated with the Sponsorship sales and service representation agreements		5,726	5,735	8,659	8,468
Operating lease expense associated with the Arena License Agreements		31,617	27,686	32,928	28,997
Other costs associated with the Arena License Agreements		$ 15,097	$ 11,370	$ 16,067	$ 12,019
[1](a) 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.

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2022	Dec. 31, 2021	Dec. 31, 2022	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Income tax expense (benefit)	$ 24,555	$ 17,115	$ 4,062	$ (4,054)
Effective income tax rate	53%	53%	55%	71%
Federal statutory income tax rate	21%	21%	21%	21%