Madison Square Garden Sports (MSGS) 10-K17 Aug 232023 FY Annual reportFinancial data

Company Profile

Cover

Cover - USD ($) $ in Billions	12 Months Ended
Cover - USD ($) $ in Billions	Jun. 30, 2023	Jul. 31, 2023	Dec. 31, 2022
Document Type	10-K
Document Annual Report	true
Document Period End Date	Jun. 30, 2023
Document Transition Report	false
Entity File Number	1-36900
Entity Registrant Name	MADISON SQUARE GARDEN SPORTS CORP.
Entity Incorporation, State or Country Code	DE
EIN	47-3373056
Entity Address, Street Address	Two Penn Plaza
Entity Address, City	New York
Entity Address, State	NY
Entity Address, Postal Zip Code	10121
City Area Code	212
Local Phone Number	465-4111
Title of each class	Class A Common Stock
Trading Symbol(s)	MSGS
Name of each exchange on which registered	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Document Financial Statement Restatement Recovery Analysis [Flag]	false
Document Financial Statement Error Correction [Flag]	false
Entity Shell Company	false
Entity Public Float			$ 3.4
Entity Central Index Key	0001636519
Current Fiscal Year End Date	--06-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false
Documents Incorporated by Reference	Documents incorporated by reference — Certain information required for Part III of this report is incorporated herein by reference to the proxy statement for the 2023 annual meeting of the Company’s stockholders, expected to be filed within 120 days after the close of our fiscal year.
Class A Common Stock
Entity Common Stock, Shares Outstanding		19,363,843
Class B Common Stock
Entity Common Stock, Shares Outstanding		4,529,517

Audit Information

Audit Information	12 Months Ended
Audit Information	Jun. 30, 2023
Audit Information [Abstract]
Auditor Name	Deloitte & Touche LLP
Auditor Location	New York, New York
Auditor Firm ID	34

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands		Jun. 30, 2023	Jun. 30, 2022
Current Assets:
Cash and cash equivalents		$ 40,398	$ 91,018
Restricted cash	[1]	61	0
Prepaid expenses		24,768	18,810
Other current assets		27,898	19,868
Total current assets		149,233	205,269
Property and equipment, net		30,501	32,892
Right-of-use lease assets		715,283	686,782
Amortizable intangible assets, net		0	636
Indefinite-lived intangible assets		103,644	112,144
Goodwill		226,523	226,955
Investments		67,374	4,736
Other assets		22,459	32,552
Total assets		1,315,017	1,301,966
Current Liabilities:
Short-term debt		30,000	30,000
Accrued liabilities:
Employee related costs		144,310	119,279
League-related accrual		106,926	75,269
Other accrued liabilities		17,561	6,796
Operating lease liabilities, current	[2]	49,745	43,699
Deferred revenue		157,051	132,369
Total current liabilities		520,528	438,299
Long-term debt		295,000	220,000
Operating lease liabilities, noncurrent	[2]	746,437	699,587
Defined benefit obligations		4,526	5,005
Other employee related costs		49,070	43,411
Deferred tax liabilities, net		24,024	8,917
Deferred revenue, noncurrent		12,666	31,122
Other liabilities		0	1,002
Total liabilities		1,652,251	1,447,343
Commitments and contingencies (see Note 12)
Madison Square Garden Sports Corp. Stockholders’ Equity:
Preferred stock, par value $0.01, 15,000 shares authorized; none outstanding as of June 30, 2023 and 2022		0	0
Additional paid-in capital		16,846	17,573
Treasury stock, at cost, 1,084 and 751 shares as of June 30, 2023 and 2022, respectively		(179,410)	(128,026)
Accumulated deficit		(173,910)	(35,699)
Accumulated other comprehensive loss		(1,009)	(1,186)
Total Madison Square Garden Sports Corp. stockholders’ equity		(337,234)	(147,089)
Nonredeemable noncontrolling interests		0	1,712
Total equity		(337,234)	(145,377)
Total liabilities and equity		1,315,017	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
Nonrelated Party
Current Assets:
Accounts receivable, net		40,139	47,240
Current Liabilities:
Accounts payable		9,093	11,263
Related Party
Current Assets:
Accounts receivable, net		15,969	28,333
Current Liabilities:
Accounts payable		$ 5,842	$ 19,624

[1]See Note 2 for more information regarding the nature of restricted cash.[2]As of June 30, 2023, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,700 and $707,124, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that were payable to Sphere Entertainment.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares shares in Thousands	Jun. 30, 2023	Jun. 30, 2022
Preferred stock, par value (dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	15,000	15,000
Preferred stock, shares outstanding	0	0
Treasury stock, shares	1,084	751
Class A Common Stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	120,000	120,000
Common stock, shares outstanding	19,364	19,697
Class B Common Stock
Common stock, par value (dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	30,000	30,000
Common stock, shares outstanding	4,530	4,530

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Statement [Abstract]
Revenues	[1]	$ 887,447	$ 821,354	$ 415,721
Operating expenses:
Direct operating expenses	[2]	548,811	500,564	281,890
Selling, general and administrative expenses	[3]	249,885	229,668	206,700
Depreciation and amortization		3,577	5,042	5,574
Operating income (loss)		85,174	86,080	(78,443)
Other income (expense):
Interest income		2,392	313	32
Interest expense		(22,884)	(11,735)	(10,561)
Miscellaneous income (expense), net		25,239	(726)	(346)
Other income (expense)		4,747	(12,148)	(10,875)
Income (loss) before income taxes		89,921	73,932	(89,318)
Income tax (expense) benefit		(44,293)	(25,052)	73,421
Net income (loss)		45,628	48,880	(15,897)
Less: Net loss attributable to nonredeemable noncontrolling interests		(2,165)	(2,251)	(1,943)
Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders		$ 47,793	$ 51,131	$ (13,954)
Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders (USD per share)		$ 1.90	$ 2.11	$ (0.58)
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders (USD per share)		$ 1.89	$ 2.10	$ (0.58)
Weighted-average number of common shares outstanding:
Basic (shares)		24,090	24,246	24,129
Diluted (shares)		24,194	24,405	24,129

[1]Include revenues from related parties of $190,000, $178,696 and $147,029 for the years ended June 30, 2023, 2022 and 2021, respectively.[2]Include net charges from related parties of $100,545, $98,422 and $46,995 for the years ended June 30, 2023, 2022 and 2021, respectively.[3]Include net charges from related parties of $62,103, $67,776 and $55,059 for the years ended June 30, 2023, 2022 and 2021, respectively.

Consolidated Statements of Op_2

Consolidated Statements of Operations (Parenthetical) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Revenues	[1]	$ 887,447	$ 821,354	$ 415,721
Direct operating expenses from related party		100,545	98,422	46,995
Selling, general and administrative expenses from related party		62,103	67,776	55,059
Related Party
Revenues		$ 190,000	$ 178,696	$ 147,029

[1]Include revenues from related parties of $190,000, $178,696 and $147,029 for the years ended June 30, 2023, 2022 and 2021, respectively.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income (loss)	$ 45,628	$ 48,880	$ (15,897)
Benefit plans:
Net unamortized gains (losses) arising during the period	215	1,078	(38)
Amounts reclassified from accumulated other comprehensive loss:
Amortization of net actuarial loss included in net periodic benefit cost	18	133	103
Settlement loss	30	9	47
Total recognized in other comprehensive income (loss)	263	1,220	112
Other comprehensive income, before income taxes	263	1,220	112
Income tax expense related to items of other comprehensive income	(86)	(379)	0
Other comprehensive income, net of income taxes	177	841	112
Comprehensive income (loss)	45,805	49,721	(15,785)
Less: Comprehensive loss attributable to nonredeemable noncontrolling interests	(2,165)	(2,251)	(1,943)
Comprehensive income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders	$ 47,970	$ 51,972	$ (13,842)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Cash flows from operating activities:
Net income (loss)	$ 45,628,000	$ 48,880,000	$ (15,897,000)
Adjustments to reconcile net income (loss) to net cash provided by (used in) operating activities:
Depreciation and amortization	3,577,000	5,042,000	5,574,000
Share-based compensation expense	25,203,000	24,245,000	30,437,000
Provision for (benefit from) deferred income taxes	15,022,000	24,480,000	(73,664,000)
Unrealized (gain)/loss on equity investments with readily determinable fair value and warrants	(26,561,000)	461,000	0
Provision for (recovery of) doubtful accounts	0	0	(175,000)
Other non-cash adjustments	3,330,000	1,833,000	1,084,000
Change in assets and liabilities:
Accounts receivable, net	5,976,000	26,957,000	(66,619,000)
Net related party receivables	11,534,000	(21,084,000)	(6,285,000)
Prepaid expenses and other assets	(5,666,000)	(8,922,000)	(22,062,000)
Investments	(10,575,000)	(3,197,000)	0
Accounts payable	(2,081,000)	8,947,000	(75,000)
Net related party payables	(13,927,000)	2,507,000	(863,000)
Accrued and other liabilities	69,019,000	40,213,000	49,192,000
Deferred revenue	7,590,000	772,000	34,578,000
Operating lease right-of-use assets and lease liabilities	24,404,000	26,922,000	29,449,000
Net cash provided by (used in) operating activities	152,473,000	178,056,000	(35,326,000)
Cash flows from investing activities:
Capital expenditures	(1,181,000)	(932,000)	(466,000)
Cash outflow associated with disposal of subsidiary	(3,024,000)	0	0
Purchases of investments	(13,554,000)	(2,000,000)	0
Net cash used in investing activities	(17,759,000)	(2,932,000)	(466,000)
Cash flows from financing activities:
Accelerated share repurchase	(75,060,000)	0	0
Taxes paid in lieu of shares issued for equity-based compensation	(17,897,000)	(18,306,000)	(13,891,000)
Dividends paid	(170,923,000)	0	0
Proceeds from NHL advance	0	0	30,000,000
Proceeds from revolving credit facilities	215,000,000	0	30,000,000
Repayment of revolving credit facility	(140,000,000)	(135,000,000)	(25,000,000)
Payments for financing costs	0	(2,836,000)	(4,562,000)
Other financing activities	3,607,000	0	608,000
Net cash (used in) provided by financing activities	(185,273,000)	(156,142,000)	17,155,000
Net (decrease) increase in cash, cash equivalents and restricted cash	(50,559,000)	18,982,000	(18,637,000)
Cash, cash equivalents and restricted cash from beginning of period	91,018,000	72,036,000	90,673,000
Cash, cash equivalents and restricted cash at end of period	40,459,000	91,018,000	72,036,000
Non-cash investing and financing activities:
Capital expenditures incurred but not yet paid	$ 256,000	$ 128,000	$ 165,000

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interests - 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	Nonredeemable Noncontrolling Interests
Total equity beginning balance at Jun. 30, 2020	$ (203,435)	$ (206,986)	$ 249	$ 5,940	$ (167,431)	$ (43,605)	$ (2,139)	$ 3,551
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net Loss including portion attributable to nonredeemable noncontrolling interest	(15,897)	(13,954)		0		(13,954)		(1,943)
Other comprehensive income (loss)	112	112					112	0
Comprehensive income (loss) attributable to the parent	(13,842)	(13,842)
Comprehensive income (loss) attributable to nonredeemable noncontrolling interest								(1,943)
Comprehensive loss including portion attributable to nonredeemable controlling interest	(15,785)
Share-based compensation	30,437	30,437		30,437
Tax withholding associated with shares issued for equity-based compensation	(13,891)	(13,891)		(11,023)		(2,868)
Common stock issued under stock incentive plans	808	808		(1,418)	20,697	(18,471)
Adjustments to noncontrolling interests	0	(834)		(834)				834
Total equity ending 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 Loss including portion attributable to nonredeemable noncontrolling interest	48,880	51,131				51,131		(2,251)
Other comprehensive income (loss)	841	841					841
Comprehensive income (loss) attributable to the parent	51,972	51,972
Comprehensive income (loss) attributable to nonredeemable noncontrolling interest								(2,251)
Comprehensive loss including portion attributable to nonredeemable controlling interest	49,721
Share-based compensation	24,245	24,245		24,245
Tax withholding associated with shares issued for equity-based compensation	(18,306)	(18,306)		(18,306)
Common stock issued under stock incentive plans	829	829		(9,947)	18,708	(7,932)
Adjustments to noncontrolling interests	0	(1,521)		(1,521)				1,521
Total equity ending 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 Loss including portion attributable to nonredeemable noncontrolling interest	45,628	47,793				47,793		(2,165)
Other comprehensive income (loss)	177	177					177
Comprehensive income (loss) attributable to the parent	47,970	47,970
Comprehensive income (loss) attributable to nonredeemable noncontrolling interest								(2,165)
Comprehensive loss including portion attributable to nonredeemable controlling interest	45,805
Share-based compensation	25,203	25,203		25,203
Tax withholding associated with shares issued for equity-based compensation	(17,897)	(17,897)		(17,897)
Common stock issued under stock incentive plans	2,876	2,876		(9,179)	20,983	(8,928)
Dividends declared ($7.00 per share)	(172,734)	(172,734)				(172,734)
Accelerated share repurchase	(75,060)	(75,060)		1,649	(72,367)	(4,342)
Adjustments to noncontrolling interests	(50)	(503)		(503)				453
Total equity ending balance at Jun. 30, 2023	$ (337,234)	$ (337,234)	$ 249	$ 16,846	$ (179,410)	$ (173,910)	$ (1,009)	$ 0

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity and Redeemable Noncontrolling Interests (Parenthetical)	12 Months Ended
	Jun. 30, 2023 $ / shares
Statement of Stockholders' Equity [Abstract]
Dividends declared (in dollars per share)	$ 7

Description of Business and Bas

Description of Business and Basis of Presentation	12 Months Ended
Description of Business and Basis of Presentation	Jun. 30, 2023
Description of Business And Basis of Presentation [Abstract]
Description of Business and Basis of Presentation	Description of Business and Basis of Presentation Description of Business Madison Square Garden Sports Corp. (together with its subsidiaries, the “Company” or “MSG Sports”) owns and operates a portfolio of assets featuring some of the most recognized teams in all of sports, including the New York Knickerbockers (“Knicks”) of the National Basketball Association (“NBA”) and the New York Rangers (“Rangers”) of the National Hockey League (“NHL”). Both the Knicks and the Rangers play their home games in Madison Square Garden Arena (“The Garden”). The Company’s other professional franchises include two development league teams — the Hartford Wolf Pack of the American Hockey League and the Westchester Knicks of the NBA G League. These professional sports franchises are collectively referred to herein as the “sports teams.” In addition, the Company previously owned a controlling interest in Counter Logic Gaming (“CLG”), a North American esports organization. In April 2023, the Company sold its controlling interest in CLG to Hard Carry Gaming Inc. (“NRG”), a professional gaming and entertainment company, in exchange for a noncontrolling equity interest in the combined NRG/CLG company. CLG and the sports teams are collectively referred to herein as the “teams.” The Company also operates a professional sports team performance center — the Madison Square Garden Training Center in Greenburgh, NY. 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 “Sphere Distribution Date”), the Company distributed all of the outstanding common stock of Sphere Entertainment Co. (formerly Madison Square Garden Entertainment Corp. and referred to herein as “Sphere Entertainment”) to its stockholders (the “Sphere Distribution”). Prior to the MSGE Distribution (as defined below), Sphere Entertainment owned, directly or indirectly, the entertainment business previously owned and operated by the Company through its MSG Entertainment business segment and the sports booking business previously owned and operated by the Company through its MSG Sports business segment. On July 9, 2021 MSG Networks merged with a subsidiary of Sphere Entertainment and became a wholly-owned subsidiary of Sphere Entertainment. Accordingly, agreements between the Company and MSG Networks are now effectively agreements with Sphere Entertainment on a consolidated basis. On April 20, 2023 (the “MSGE Distribution Date”), Sphere Entertainment distributed approximately 67% of the issued and outstanding shares of common stock of Madison Square Garden Entertainment Corp. (formerly MSGE Spinco, Inc. and referred to herein as “MSG Entertainment”) to its stockholders (the “MSGE Distribution”). All agreements between the Company and MSG Entertainment described herein were between the Company and Sphere Entertainment prior to the MSGE Distribution (except agreements entered into after the MSGE Distribution). Unless the context otherwise requires, all references to MSG Entertainment, Sphere Entertainment and MSG Networks refer to such entity, together with its direct and indirect subsidiaries. Reclassifications Certain reclassifications have been made in order to conform to the current period’s presentation and relate to the separation of Investments, which was previously reported in Other assets in the consolidated balance sheet as of June 30, 2022 and related reclassifications on the consolidated statements of cash flows for the year ended June 30, 2022. Impact of COVID-19 During fiscal years 2020 and 2021, COVID-19 disruptions materially impacted the Company’s revenues and the Company recognized materially less revenues, or in some cases, no revenues, across a number of areas. In fiscal year 2022, the Company’s operations and operating results were also impacted by temporary declines in attendance due to ongoing reduced tourism levels as well as an increase in COVID-19 cases during certain months of the fiscal year.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
Summary of Significant Accounting Policies	Jun. 30, 2023
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Principles of Consolidation The Company reports on a fiscal year basis ending on June 30 th . In these consolidated financial statements, the years ended on June 30, 2023, 2022, and 2021 are referred to as “fiscal year 2023”, “fiscal year 2022”, and “fiscal year 2021”, respectively. The consolidated financial statements of the Company include the accounts of Madison Square Garden Sports Corp. and its subsidiaries. For consolidated subsidiaries where the Company’s ownership is less than 100%, the relevant amounts attributable to investors other than the Company are reflected under “Nonredeemable noncontrolling interests,” “Net income (loss) attributable to nonredeemable noncontrolling interests” and “Comprehensive income (loss) attributable to nonredeemable noncontrolling interests” on the accompanying consolidated balance sheets, consolidated statements of operations and consolidated statements of comprehensive income (loss), respectively. All significant intracompany transactions and accounts within the Company’s consolidated financial statements have been eliminated. Use of Estimates The preparation of the accompanying financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, other current assets, goodwill, intangible assets, other long-lived assets, fair value of investments, deferred tax valuation allowance, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, revenue sharing expense (net of escrow), luxury tax expense, income tax expense, performance and share-based compensation, depreciation and amortization, litigation matters and other matters, as well as in the valuation of contingent consideration and noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the financial statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods. Revenue Recognition See Note 3 for details of accounting policies related to revenue recognition and other disclosures required under Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers . Direct Operating Expenses Direct operating expenses include compensation expense for the Company’s sports teams’ players and certain other team personnel, as well as NBA luxury tax, if applicable, NBA and NHL revenue sharing (net of escrow) and league assessments for the Company, event costs related to the presentation and production of the Company’s sporting events and other operating expenses, including expenses related to the Arena License Agreements which require the Company to pay arena license fees to MSG Entertainment in exchange for the right to use The Garden for games of the Knicks and the Rangers for a 35-year term. Player Costs and Other Team Personnel Transactions, NBA Luxury Tax, NBA and NHL Escrow System/Revenue Sharing, League Assessments, and Arena License Expenses Player Costs and Other Team Personnel Transactions Costs incurred to acquire player contracts, including signing bonuses, are deferred and amortized over the applicable NBA or NHL regular season on a straight-line basis over the fixed contract period of the respective player. The NBA and NHL seasons are typically from mid-October through mid-April and October through mid-April, respectively. Annual contractual player salaries are expensed over the applicable NBA, or NHL regular season typically on a straight-line basis. In certain player contracts the annual contractual salary amounts (including any applicable signing bonuses) may fluctuate such that expensing the salary for the entire fixed contract period on a straight-line basis over each regular season more appropriately reflects the economic benefit of the services provided. In instances where a player sustains what is deemed to be a season-ending or career-ending injury, a provision is recorded, when that determination can be reasonably made, for the remainder of the player’s seasonal or contractual salary and related costs, including any associated NBA luxury tax, net of any anticipated insurance recoveries. When players are traded, waived or contracts are terminated, any remaining unamortized signing bonuses and prepaid salaries are expensed to current operations. Amounts due to these individuals are generally paid over their remaining contract terms. Team personnel contract termination costs are recognized in the period in which those events occur. See Note 5 for further discussion of significant team personnel transactions. The NBA and NHL each have collective bargaining agreements (each, a “CBA”) with the respective league’s players association, to which the Company is subject. On April 26, 2023, the NBA and the National Basketball Players Association (“NBPA”) announced that a new seven-year CBA had been ratified by the NBA Board of Governors and the NBA players. The new NBA CBA expires after the 2029-30 season, but each of the NBA and the NBPA has the right to terminate the CBA effective following the 2028-29 season. The current NHL CBA is set to expire on September 15, 2026 (with the possibility of a one-year extension in certain circumstances). The NBA CBA contains a salary floor (i.e., a floor on each team’s aggregate player salaries with a requirement that the team pay any deficiency to the players on its roster) and a “soft” salary cap (i.e., a cap on each team’s aggregate player salaries but with certain exceptions that enable teams to pay more, sometimes substantially more, than the cap). The NHL CBA provides for a salary floor (i.e., a floor on each team’s aggregate player salaries) and a “hard” salary cap (i.e., teams may not exceed a stated maximum, which has been adjusted each season thereafter based upon league-wide revenues). NBA Luxury Tax Amounts in this paragraph are in thousands, except for luxury tax rates. The NBA CBA generally provides for a luxury tax that is applicable to all teams with aggregate player salaries exceeding a threshold that is set prior to each season based upon projected league-wide revenues (as defined under the CBA). The luxury tax rates for teams with aggregate player salaries above such threshold start at $1.50 for each $1.00 of team salary above the threshold up to $5,000 and scale up to $3.25 for each $1.00 of team salary that is from $15,000 to $20,000 over the threshold, and an additional tax rate increment of $0.50 applies for each additional $5,000 (or part thereof) of team salary in excess of $20,000 over the threshold. In addition, for teams that are taxpayers in at least three of four previous seasons, the above tax rates are increased by $1.00 for each increment. Fifty percent of the aggregate luxury tax payments is a funding source for the revenue sharing plan and the remaining 50% of such payments is distributed in equal shares to non-taxpaying teams. The Company recognizes the estimated amount associated with luxury tax expense or the amount it expects to receive as a non-tax paying team, if applicable, on a straight-line basis over the NBA regular season as a component of direct operating expenses. The new CBA includes certain changes to certain league rules and regulations, including revised luxury tax rates which will become effective with the 2025-26 season. NBA and NHL Escrow System/Revenue Sharing The NBA CBA also provides that players collectively receive a designated percentage of league-wide revenues (net of certain direct expenses) as compensation (approximately 49% to 51%), and the teams retain the remainder. The percentage of league-wide revenues paid as compensation and retained by the teams does not apply evenly across all teams and accordingly the Company may pay its players a higher or lower percentage of the Knicks’ revenues than other NBA teams. Throughout each season, NBA teams withhold 10% of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation exceeds the designated percentage of league-wide revenues, some or all of such escrowed amounts are distributed equally to all NBA teams. In the event that the league’s aggregate player compensation is below the designated percentage of league-wide revenues, the teams will remit the shortfall to the NBPA for distribution to the players. During the 2020-21 season, the escrow system above was eliminated and a new “Ten-and-Spread” system was put in place. Under the Ten-and-Spread system, based upon league-wide revenues, aggregate player compensation will be reduced by up to 10% of each player’s salary. If, for a particular season, compensation reductions in excess of 10% are needed, the excess will be divided by three and recouped via reductions to players’ compensation over the same season, and the subsequent two seasons. The reduction of players’ salary for any one season is capped at 20% and carried over to the subsequent season as additional compensation reductions. Each team is entitled to receive an equal one-thirtieth share of the compensation reductions up to 10% and the excess above 10% is allocated in proportion to each team’s player payroll. This system was in place until the new CBA took effect on July 1, 2023. The NBA also has a revenue sharing plan that generally requires the distribution of a pool of funds to teams with below-average net revenues (as defined in the plan), subject to reduction or elimination based on individual team market size and profitability. The plan is funded by a combination of disproportionate contributions from teams with above-average net revenues, subject to certain profit-based limits (each as defined in the plan); 50% of aggregate league-wide luxury tax proceeds; and collective league sources, if necessary. Additional amounts may also be distributed on a discretionary basis, funded by assessments on playoff ticket revenues and through collective league sources. The NHL CBA provides that each season the players receive as player compensation 50% of that season’s league-wide revenues. Because the aggregate amount to be paid to the players is based upon league-wide revenues and not on a team-by-team basis, the Company may pay its players a higher or lower percentage of the Rangers’ revenues than other NHL teams pay of their own revenues. In order to implement the escrow system, NHL teams withhold a portion of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation for a season exceeds the designated percentage (50%) of that season’s league-wide revenues, the excess is retained by the league. Any such excess funds are distributed to all teams in equal shares. The NHL CBA limits the amount of deductions to be withheld from player salaries each year. If annual excess deductions from player salaries are insufficient to limit league-wide player salaries to 50% of that season’s league-wide revenues, any shortfall will be carried forward to future seasons and remain due from the players to the league. The NHL CBA provides for a revenue sharing plan which generally requires the distribution of a pool of funds approximating 6.055% of league-wide revenues to certain qualifying lower-revenue teams. Under the NHL CBA, the pool is funded as follows: (a) 50% from contributions by the top ten revenue earning teams (based on preseason and regular season revenues) in accordance with a formula; (b) then from payments by teams participating in the playoffs, with each team contributing 35% of its gate receipts for each home playoff game (although this provision was waived for the 2020-21 season); and (c) the remainder from centrally-generated NHL sources. The Rangers are consistently among the top ten revenue teams and, accordingly, have consistently contributed to the top ten revenue teams component of the plan. The Company recognizes the amount of its estimated revenue sharing expense associated with the preseason and regular season, net of the amount the Company expects to receive from the escrow, on a straight-line basis over the applicable NBA and NHL seasons as a component of direct operating expenses. In years when the Knicks or the Rangers participate in the playoffs, the Company recognizes its estimate of the playoff revenue sharing contribution in the periods when the playoffs occur. As of June 30, 2023 and 2022, the Company had net revenue sharing liabilities, recorded within League-related accruals, of $94,822 and $64,717, respectively. League Assessments As members of the NBA and NHL, the Knicks and the Rangers, respectively, are also subject to annual league assessments. The governing bodies of each league determine the amount of each season’s league assessments that are required from each member team. The NBA imposes on each team a 6% assessment on regular season ticket revenue. The Company recognizes its teams’ estimated league assessments on a straight-line basis over the applicable NBA or NHL season. Arena License Expenses The Knicks and the Rangers play their home games at The Garden pursuant to the Arena License Agreements with MSG Entertainment, which owns and operates The Garden. Generally, the financial statements reflect the monthly payments made for the Arena License Agreements throughout the contract year in equal installments, and straight-line rent expense recorded by each team equally over each team’s individual event days. See Note 7 for more information on the accounting for leases. Advertising Expenses Advertising costs are typically charged to expense when incurred. Total advertising costs classified in selling, general and administrative expenses were $7,279, $4,840 and $2,291 for the years ended June 30, 2023, 2022 and 2021, respectively. Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes . The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and changes in estimates with regard to uncertain tax positions. Deferred tax assets are subject to an ongoing assessment of realizability. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the realization of its deductible temporary differences. If such estimates and related assumptions change in the future, the Company may be required to record valuation allowances against its deferred tax assets, resulting in additional income tax expense in the Company’s consolidated statements of operations. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense. Share-based Compensation The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the award. Share-based compensation cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award, except for restricted stock units granted to non-employee directors which, unless otherwise provided under the applicable award agreement, are fully vested, and are expensed at the grant date. The Company accounts for forfeitures as they occur. In addition, for the Company’s stock option awards, the Company applies the fair value recognition provisions of ASC Topic 718 Compensation — Stock Compensation . ASC Topic 718 requires companies to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The Company determines the fair value as of the grant date. For awards with graded vesting conditions, the values of the awards are determined by valuing all vesting tranches in the aggregate as one award using an average expected term. The Company determines its assumptions for option-pricing models in accordance with ASC Topic 718 and SEC Staff Accounting Bulletin (“SAB”) No. 107, Share-Based Payment based on the following: • The expected term of stock options is estimated using the simplified method. • The expected risk-free interest rate is based on the U.S. Treasury interest rate where the term is consistent with the expected term of the stock options. • The expected volatility is based on the historical volatility of the Company’s stock price. In December 2007, the SEC staff issued SAB No. 110, Certain Assumptions Used In Valuation Methods — Expected Term . SAB No. 110 allows companies to continue to use the simplified method, as defined in SAB No. 107, to estimate the expected term of stock options under certain circumstances. The simplified method for estimating expected term uses the mid-point between the vesting term and the contractual term of the stock option. The Company has analyzed the circumstances in which the use of the simplified method is allowed. The Company has opted to use the simplified method for stock options the Company granted in fiscal year 2019 because management believes that the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term. Earnings (Loss) Per Common Share Basic earnings (loss) per common share (“EPS”) attributable to the Company’s common stockholders is based upon net income (loss) attributable to the Company’s common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the effect of the assumed vesting of restricted stock units and exercise of stock options (see Note 15) only in the periods in which such effect would have been dilutive. For the periods when a net loss is reported, the computation of diluted EPS equals the basic EPS calculation since common stock equivalents were antidilutive due to losses from operations. Holders of Class A Common Stock and Class B Common Stock are entitled to receive dividends equally on a per-share basis if and when such dividends are declared. As the holders of Class A and Class B common stock are entitled to identical dividend and liquidation rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net earnings (loss) per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis. Cash and Cash Equivalents The Company considers the balance of its investment in funds that substantially hold highly liquid securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or is at fair value. Checks outstanding in excess of related book balances are included in accounts payable in the accompanying consolidated balance sheets. The Company presents the change in these book cash overdrafts as cash flows from operating activities. Restricted Cash The Company’s restricted cash includes cash deposited in escrow accounts and, prior to the December 2021 credit facility amendments described below, cash required to be held under the Company’s revolving credit facilities. Cash is required to be withheld from player salaries and deposited in an escrow account which is in the name of the Company pursuant to the NHL CBA. That escrow account will be distributed to the players and NHL teams based on the provisions of the NHL CBA. See Note 13 for more information related to the Company’s revolving credit facilities. The carrying amount of restricted cash approximates fair value due to the short-term maturity of these instruments. Changes in restricted cash are reflected on the accompanying consolidated statement of cash flows in accordance with Accounting Standards Update (“ASU”) No. 2016-18, Statement of Cash Flows (Topic 230) , which is included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Company’s consolidated statements of cash flows. Accounts Receivable Accounts receivable are recorded net of the allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts to reserve for expected credit losses. The allowance for doubtful accounts is estimated based on the Company’s analysis of receivables aging, historical experience, as well as current and expected economic conditions and industry trends. The Company had no allowance for doubtful accounts as of June 30, 2023 and 2022. Long-Lived and Indefinite-Lived Assets The Company’s long-lived and indefinite-lived assets consist of property and equipment, right-of-use (“ROU”) assets, goodwill, indefinite-lived intangible assets and amortizable intangible assets. Property and equipment is stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to leasehold improvements, amortized over the shorter of the lease term or the asset’s estimated useful life. The useful lives of the Company’s long-lived assets are based on estimates of the period over which the Company expects the assets to be of economic benefit to the Company. In estimating the useful lives, the Company considers factors such as, but not limited to, risk of obsolescence, anticipated use, plans of the Company, and applicable laws and permit requirements. Identifiable intangible assets with finite useful lives are amortized on a straight-line basis over their respective estimated useful lives. Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized. Impairment of Long-Lived and Indefinite-Lived Assets In assessing the recoverability of the Company’s long-lived and indefinite-lived assets, the Company must make estimates and assumptions regarding future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized as well as the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve significant uncertainties and judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. If these estimates or material related assumptions change in the future, the Company may be required to record impairment charges related to its long-lived and/or indefinite-lived assets. Goodwill is tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. If the Company can support the conclusion that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company would not need to perform a quantitative impairment test for that reporting unit. If the Company cannot support such a conclusion or the Company does not elect to perform the qualitative assessment, the first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The Company generally determines the fair value of a reporting unit using an income approach, such as the discounted cash flow method, in instances when it does not perform the qualitative assessment of goodwill. The amount of an impairment loss is measured as the amount by which a reporting unit’s carrying value exceeds its fair value determined in step one, not to exceed the carrying amount of goodwill. The second step of the goodwill impairment test compared the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeded the implied fair value of that goodwill, an impairment loss was recognized in an amount equal to that excess. The implied fair value of goodwill was determined in the same manner as the amount of goodwill that would be recognized in a business combination. The Company performs its goodwill impairment test at the reporting unit level, which is the same as or one level below the operating segment level. The Company has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes. Identifiable indefinite-lived intangible assets are tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or substantive changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. In the qualitative assessment, the Company must evaluate the totality of qualitative factors, including any recent fair value measurements, that impact whether an indefinite-lived intangible asset other than goodwill has a carrying amount that more likely than not exceeds its fair value. The Company must proceed to conducting a quantitative analysis if the Company (i) determines that such an impairment is more likely than not to exist, or (ii) foregoes the qualitative assessment entirely. Under the quantitative assessment, the impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, then an impairment loss is recognized in an amount equal to that excess. The Company generally determines the fair value of an indefinite-lived intangible asset using an income approach, such as the relief from royalty method, in instances when it does not perform the qualitative assessment of the intangible asset. For other long-lived assets, including right-of-use lease assets and intangible assets that are amortized, the Company evaluates assets for recoverability when there is an indication of potential impairment. If the undiscounted cash flows from a group of assets being evaluated is less than the carrying value of that group of assets, the fair value of the asset group is determined and the carrying value of the asset group is written down to fair value. The Company generally determines the fair value of a finite-lived intangible asset using an income approach, such as the discounted cash flow method. Investments The Company’s equity method investments are carried at cost, plus or minus the Company’s share of net earnings or losses of the investment, subject to certain other adjustments. The cost of equity method investments includes transaction costs of the acquisition. As required by GAAP, to the extent that there is a basis difference between the cost and the underlying equity in the net assets of an equity investment, the Company allocates such differences between tangible and intangible assets. The Company’s share of net earnings or losses of the investment, inclusive of amortization expense for intangible assets associated with the investment, will be reflected in equity in earnings (loss) of nonconsolidated affiliates on the Company’s consolidated statements of operations. Dividends received from the investee reduce the carrying amount of the investment. Due to the timing of receiving financial information from its nonconsolidated affiliates, the Company records its share of net earnings or losses of such affiliates on a three-month lag basis. In addition to equity method investments, the Company has equity investments with and without readily determinable fair values. The Company measures equity investments without readily determinable fair values at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Changes in observable price are reflected within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. For equity investments with readily determinable fair values, changes in the fair value of those investments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The Company has investments in certain derivative instruments, including warrants, which are measured at fair value using the Black-Scholes option pricing model. Changes in the fair value of derivative instruments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The Company recognizes the value of the equity method investments, equity investments with and without readily determinable fair values, and derivative instruments within Investments in the accompanying consolidated balance sheets. Purchases and sales of equity securities with and without readily determinable fair values, except for those equity investments held in trust under the Company’s Executive Deferred Compensation Plan as described in Note 14, are classified as investing activities in the Company’s consolidated statements of cash flows in accordance with ASC subtopic 230-10-45-12(b) and 45-13(b). The equity securities held in trust are considered trading account securities by the Company and purchases and sales of those securities are classified as operating activities in the Company’s consolidated statements of cash flows in accordance with ASC Subtopic 230-10-45-18 and 45-19. Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated. Defined Benefit Pension Plans The Company has unfunded defined benefit plans. The expense recognized by the Company is determined using certain assumptions, including discount rates, among others. The Company recognizes the benefit obligation of its defined benefit pension plans (other than multiemployer plans) as a liability in the consolidated balance sheets and recognizes changes in the benefit obligation in the year in which the changes occur through other comprehensive income (loss). Fair Value Measurements The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I — Quoted prices for identical instruments in active markets. • Level II — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III — Instruments whose significant value drivers are unobservable. Recent Accounting Pronouncements Recently Issued Accounting Pronouncements Not Yet Adopted In Ma

Revenue Recognition

Revenue Recognition	12 Months Ended
Revenue Recognition	Jun. 30, 2023
Revenue Recognition [Abstract]
Revenue Recognition	Revenue Recognition Contracts with Customers All revenue recognized in the consolidated statements of operations is considered to be revenue from contracts with customers in accordance with ASC Topic 606. For the year ended June 30, 2023, the Company did not have any impairment losses on receivables or contract assets arising from contracts with customers. The Company recognizes revenue when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of promised goods or services are transferred to customers. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and the determination of whether to include such estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. The Company accounts for taxes collected from customers and remitted to governmental authorities on a net basis and excludes these amounts from revenues. In addition, the Company defers certain costs to fulfill the Company’s contracts with customers to the extent such costs relate directly to the contracts, are expected to generate resources that will be used to satisfy the Company’s performance obligations under the contracts, and are expected to be recovered through revenue generated under the contracts. Contract fulfillment costs are expensed as the Company satisfies the related performance obligations. Arrangements with Multiple Performance Obligations The Company has contracts with customers, including multi-year sponsorship agreements, that contain multiple performance obligations. Payment terms for such arrangements can vary by contract, but payments are generally due in installments throughout the contractual term. The performance obligations included in each sponsorship agreement vary and may include various advertising benefits such as, but not limited to, signage, digital advertising, event or property specific advertising, as well as non-advertising benefits such as suite licenses and event tickets. To the extent the Company’s multi-year arrangements provide for performance obligations that are consistent over the multi-year contractual term, such performance obligations generally meet the definition of a series as provided for under the accounting guidance. If performance obligations meet the definition of a series, the contractual fees for all years during the contract term are aggregated and the related revenue is recognized proportionately as the underlying performance obligations are satisfied. The timing of revenue recognition for each performance obligation is dependent upon the facts and circumstances surrounding the Company’s satisfaction of its respective performance obligation. The Company allocates the transaction price for such arrangements to each performance obligation within the arrangement based on the estimated relative standalone selling price of the performance obligation. The Company’s process for determining its estimated standalone selling prices involves management’s judgment and considers multiple factors including company specific and market specific factors that may vary depending upon the unique facts and circumstances related to each performance obligation. Key factors considered by the Company in developing an estimated standalone selling price for its performance obligations include, but are not limited to, prices charged for similar performance obligations, the Company’s ongoing pricing strategy and policies, and consideration of pricing of similar performance obligations sold in other arrangements with multiple performance obligations. The Company may incur costs such as commissions to obtain its multi-year sponsorship agreements. The Company assesses such costs for capitalization on a contract by contract basis. To the extent costs are capitalized, the Company estimates the useful life of the related contract asset which may be the underlying contract term or the estimated customer life depending on the facts and circumstances surrounding the contract. The contract asset is amortized over the estimated useful life. Principal versus Agent Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service before transfer to the customer. When the Company concludes that it controls the good or service before transfer to the customer, the Company is considered a principal in the transaction and records revenue on a gross basis. When the Company concludes that it does not control the good or service before transfer to the customer but arranges for another entity to provide the good or service, the Company acts as an agent and records revenue on a net basis in the amount it earns for its agency service. The Company’s revenue recognition policies that summarize the nature, amount, timing and uncertainty associated with each of the Company’s revenue sources are discussed further below. The Company’s professional sports teams derive event-related revenues principally from ticket sales which are recognized as the related games occur. The Company’s revenues also include revenue from the license of The Garden’s suites. Suite license arrangements are generally multi-year fixed fee arrangements that include annual fee increases. Payment terms for suite license arrangements can vary by contract, but payments are generally due in installments prior to each license year. The Company’s performance obligation under such arrangements is to provide the licensee with access to the suite when events occur at The Garden. Because suite and club licenses cover both the Knicks and the Rangers games and events that MSG Entertainment presents at The Garden, suite and club rental revenue is shared between us and MSG Entertainment under Arena License Agreements. Pursuant to the Arena Licenses Agreements, the Knicks and the Rangers are entitled to 35% and 32.5%, respectively, of the revenues received by MSG Entertainment in connection with suite and club licenses. The Company accounts for the performance obligation under these types of arrangements as a series and, as a result, the related suite license fees for all years during the license term are aggregated and revenue is recognized proportionately over the license period as the Company satisfies the related performance obligation. Progress toward satisfaction of the Company’s suite license performance obligations is measured as access to the suite is provided to the licensee throughout the contractual term of the license. For the year ended June 30, 2021, access to suites for Knicks and Rangers games was primarily sold by way of individual tickets, thus minimal suite license revenue was recognized. Event-related revenue also includes food, beverage and merchandise sales which are recognized at the point goods are provided to customers. Payment is received at the point of sale and sales tax collected from customers is excluded from revenue. Pursuant to the Arena License Agreements, the Knicks and the Rangers receive 50% of net profits from the sales of food and beverages during their games at The Garden. In addition to event-related revenue, MSG Sports maintains local media rights arrangements which provide for the licensing of team-related programming to MSG Networks. MSG Sports, pursuant to the terms of the agreements, receives such rights fees in equal monthly installments throughout each license year. The transaction price under these arrangements is variable in nature as certain credit provisions exist to the extent that the sports teams’ games are unavailable for broadcast during an individual league season. The Company estimates the transaction price at the beginning of each fiscal year, which coincides with the annual contractual term. In estimating the transaction price, the Company considers the contractually agreed upon license fees as well as considerations with respect to the number of games expected to be available for broadcast by MSG Networks over the upcoming year. The resulting transaction price is allocated entirely to the rights provided for the related contract year and revenue is recognized using an output measure of progress toward satisfaction of the Company’s performance obligations within the contract year, as the underlying benefits are conveyed to the licensee. The Company’s sports teams also derive revenue from the distribution of league-wide national and international television contracts and other league-wide revenue sources. The transaction price for each of these revenues is based upon the expected distribution values as communicated by the applicable league. The timing of revenue recognition is dependent on the nature of the underlying performance obligation, which is generally over time. Receipt of league-wide revenues generally occurs at the time of communication or according to a specified timeline. After suspending the 2019-20 seasons in March 2020 due to COVID-19, the NHL and NBA subsequently restarted their seasons, which were completed in September and October 2020, respectively. As a result, revenue for the year ended June 30, 2021 includes revenue for league distributions that otherwise would have been recognized during the third and fourth quarters of fiscal year 2020. MSG Sports also earns revenues from the sale of advertising in the form of sponsorships and signage, which are not related to any specific event. The Company’s performance obligations with respect to this advertising are satisfied as the related benefits are delivered over the term of the respective agreements. Amounts collected in advance of the Company’s satisfaction of its contractual performance obligations are recorded as a contract liability within deferred revenue and are recognized as the Company satisfies the related performance obligations. The following table disaggregates the Company’s revenues by type of goods or services in accordance with the disclosure requirements per ASC Subtopic 280-10-50-38 to 40 and the disaggregation of revenue required disclosures in accordance with ASC Subtopic 606-10-50-5 for the years ended June 30, 2023, 2022 and 2021: Years Ended June 30, 2023 2022 2021 Event-related (a) $ 362,527 $ 331,807 $ 28,511 Media rights (b) 288,965 275,637 285,059 Sponsorship, signage and suite licenses 196,483 172,813 52,931 League distributions and other 39,472 41,097 49,220 Total revenues from contracts with customers $ 887,447 $ 821,354 $ 415,721 _________________ (a) Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden. (b) Consists of (i) local media rights fees from MSG Networks, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees. Contract Balances The timing of revenue recognition, billings and cash collections results in billed receivables, contract assets and contract liabilities on the consolidated balance sheets. The following table provides information about contract balances from the Company’s contracts with customers as of June 30, 2023, 2022 and 2021. June 30, June 30, June 30, 2023 2022 2021 Receivables from contracts with customers, net (a) $ 20,134 $ 24,729 $ 30,834 Contract assets, current (b) 19,465 13,839 9,604 Deferred revenue, including non-current portion (c) (d) 169,717 163,491 162,628 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of June 30, 2023, 2022 and 2021 the Company’s receivables from contracts with customers above included $0 , $1,258 and $213, respectively, related to various related parties. See Note 17 for further details on these related party arrangements. Receivables from contracts with customers, net, excludes amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow and luxury tax payments. As of June 30, 2023, the Company had receivable balances related to escrow and player compensation recoveries of $1,544 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,rec o rded in Accounts receivable, net and Other assets, respectively. (b) Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue, including non-current portion primarily relates to the Company’s receipt of consideration from customers or billing customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. The non-current portion of deferred revenue primarily consists of amounts received from the NBA in December 2020 of league distributions in advance of the Company’s recognition. The Company’s deferred revenue with MSG Networks was $0, $0 and $260 as of June 30, 2023, 2022 and 2021, respectively. (d) Revenue recognized for the year ended June 30, 2023 relating to the deferred revenue balance as of July 1, 2022 was $130,878. Revenue recognized for the year ended June 30, 2022 relating to the deferred revenue balance as of July 1, 2021 was $121,271. Transaction Price Allocated to the Remaining Performance Obligations The following table depicts the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2023. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks, league-wide national and international television contracts, and certain other arrangements with variable consideration. Fiscal year ending June 30, 2024 $ 141,327 Fiscal year ending June 30, 2025 97,893 Fiscal year ending June 30, 2026 57,568 Fiscal year ending June 30, 2027 30,551 Fiscal year ending June 30, 2028 13,098 Thereafter 13,255 $ 353,692

Computation of Earnings (Loss)

Computation of Earnings (Loss) per Common Share	12 Months Ended
Computation of Earnings (Loss) per Common Share	Jun. 30, 2023
Earnings Per Share [Abstract]
Computation of Earnings (Loss) per Common Share	Computation of Earnings (Loss) per Common Share The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings (loss) per common share attributable to the Company’s stockholders (“EPS”) and the number of shares excluded from diluted earnings (loss) per common share, as they were anti-dilutive. Years Ended June 30, 2023 2022 2021 Net income (loss) allocable to common shares, basic and diluted (numerator): Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders $ 47,793 $ 51,131 $ (13,954) Less: Dividends to other-than-common stockholders (a) 2,042 — — Net earnings (loss) allocable to common shares, basic and diluted (numerator): $ 45,751 $ 51,131 $ (13,954) Weighted-average shares (denominator): Weighted-average shares for basic EPS 24,090 24,246 24,129 Dilutive effect of shares issuable under share-based compensation plans 104 159 — Weighted-average shares for diluted EPS 24,194 24,405 24,129 Weighted-average shares excluded from diluted earnings (loss) per share — — 315 Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp’s stockholders $ 1.90 $ 2.11 $ (0.58) Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp’s stockholders $ 1.89 $ 2.10 $ (0.58)

Team Personnel Transactions

Team Personnel Transactions	12 Months Ended
Team Personnel Transactions	Jun. 30, 2023
Team Personnel Transactions [Abstract]
Team Personnel Transactions	Team Personnel TransactionsDirect operating and selling, general and administrative expenses in the accompanying consolidated statements of operations include net provisions for transactions relating to the Company’s sports teams for (i) waivers/contract termination costs, (ii) player trades and (iii) season-ending injuries (“Team Personnel Transactions”). Team Personnel Transactions amounted to $4,412, $737 and $44,242 for the years ended June 30, 2023, 2022 and 2021, respectively.

Cash, Cash Equivalent and Restr

Cash, Cash Equivalent and Restricted Cash	12 Months Ended
Cash, Cash Equivalent and Restricted Cash	Jun. 30, 2023
Cash and Cash Equivalents [Abstract]
Cash and Cash Equivalents Disclosure [Text Block]	Cash, Cash Equivalent and Restricted Cash The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of June 30, June 30, June 30, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 40,398 $ 91,018 $ 64,902 $ 77,852 Restricted cash (a) 61 — 7,134 12,821 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 40,459 $ 91,018 $ 72,036 $ 90,673 _________________ (a) See Note 2 for more information regarding the nature of restricted cash.

Leases

Leases	12 Months Ended
Leases	Jun. 30, 2023
Leases [Abstract]
Leases	Leases The Company’s leases primarily consist of the lease of the Company’s corporate offices under the Sublease Agreement with MSG Entertainment (the “Sublease Agreement”) for the Company’s principal executive offices at Two Pennsylvania Plaza in New York, until April 2023, the lease of CLG performance center in Los Angeles, CA, and an aircraft lease entered into in June 2023. In addition, the Company accounts for the rights of use of The Garden pursuant to the Arena License Agreements as leases under the ASC Topic 842, Leases . The Company determines whether an arrangement contains a lease at the inception of the arrangement. If a lease is determined to exist, the lease term is assessed based on the date when the underlying asset is made available for the Company’s use by the lessor. The Company’s assessment of the lease term reflects the non-cancelable term of the lease, inclusive of any rent-free periods and/or periods covered by early-termination options which the Company is reasonably certain not to exercise, as well as periods covered by renewal options which the Company is reasonably certain of exercising. The Company also determines lease classification as either operating or finance at lease commencement, which governs the pattern of expense recognition and the presentation reflected in the consolidated statements of operations over the lease term. For leases with a term exceeding 12 months, a lease liability is recorded on the Company’s consolidated balance sheet at lease commencement reflecting the present value of the fixed minimum payment obligations over the lease term. A corresponding ROU asset equal to the initial lease liability is also recorded, adjusted for any prepaid rent and/or initial direct costs incurred in connection with execution of the lease and reduced by any lease incentives received. The Company includes fixed payment obligations related to non-lease components in the measurement of ROU assets and lease liabilities, as the Company has elected to account for lease and non-lease components together as a single lease component. ROU assets associated with finance leases are presented separate from operating lease ROU assets and are included within Property and equipment, net on the Company’s consolidated balance sheets. For purposes of measuring the present value of the Company’s fixed payment obligations for a given lease, the Company uses its incremental borrowing rate, determined based on information available at lease commencement, as rates implicit in the underlying leasing arrangements are typically not readily determinable. The Company’s incremental borrowing rate reflects the rate it would pay to borrow on a secured basis and incorporates the term and economic environment surrounding the associated lease. For operating leases, fixed lease payments are recognized as lease expense on a straight-line basis over the lease term. For finance leases, the initial ROU asset is depreciated on a straight-line basis over the lease term, along with recognition of interest expense associated with accretion of the lease liability, which is ultimately reduced by the related fixed payments. For leases with a term of 12 months or less (“short-term leases”), any fixed lease payments are recognized on a straight-line basis over the lease term and are not recognized on the consolidated balance sheet. Variable lease costs for both operating and finance leases, if any, are recognized as incurred and such costs are excluded from lease balances recorded on the consolidated balance sheet. The Company is party to a sublease agreement with MSG Entertainment for the Company’s principal executive offices at Two Pennsylvania Plaza in New York. The sublease right of use assets and liabilities are recorded on the balance sheet at lease commencement based on the present value of minimum base rent and other fixed payments over the reasonably certain lease term. In November 2021, Sphere Entertainment entered into a new lease for principal executive offices at Two Pennsylvania Plaza in New York, which was assigned to MSG Entertainment in connection with the MSGE Distribution (the “New MSGE Lease Agreement”). In accordance with the terms of the Sublease Agreement and the New MSGE Lease Agreement, the lease term of the Sublease Agreement was extended until October 31, 2024. The Company has accounted for this extension as a lease remeasurement and remeasured the right-of-use asset and operating lease liability utilizing the Company’s incremental borrowing rate as of the date of remeasurement. In accordance with the terms of the Sublease Agreement, the Company has committed to enter into a new sublease agreement with MSG Entertainment for a lease term equivalent to the New MSGE Lease Agreement term, which ends January 31, 2046. In addition, in connection with the New MSGE Lease Agreement, the Company has entered into a commitment whereby if the New MSGE Lease Agreement were terminated under certain circumstances, the Company would be required to enter into a new lease for executive offices in Two Pennsylvania Plaza directly with the landlord, with a consistent lease term through January 31, 2046. As the Company has not yet entered into a new sublease for or taken possession of the new executive office space at Two Pennsylvania Plaza, no additional right-of-use assets or operating lease liabilities have been recorded as of June 30, 2023 related to the commitments discussed above. In addition, we are party to long term leases with MSG Entertainment through June 30, 2055 that allow the Knicks and the Rangers to play their home games at The Garden. The Arena License Agreements provide for fixed payments to be made from inception through June 30, 2055 in 12 equal installments during each year of the contractual term. The contracted license fee for the first full contract year ended June 30, 2021 was approximately $22,500 for the Knicks and approximately $16,700 for the Rangers, and then for each subsequent year, the license fees are 103% of the license fees for the immediately preceding contract year. At the time of the Sphere Distribution, The Garden was not available for use due to the government-mandated suspension of events in response to COVID-19. As a result, the Company was not required to pay license fees under the Arena License Agreements until games resumed at The Garden. On December 16, 2020 and January 14, 2021, respectively, the Knicks and the Rangers resumed playing their homes games at The Garden as part of their 2020-21 seasons. However, fans were initially prohibited from attending games due to government-mandated assembly restrictions. Effective February 23, 2021, New York venues with at least a 10,000-person capacity were permitted to operate at 10% capacity, and the Knicks and the Rangers began playing games at The Garden with a limited number of fans in attendance on February 23 and 26, 2021, respectively. When games were played at The Garden by the Knicks and the Rangers either without fans in attendance or with limited fans in attendance due to government mandated capacity constraints, the applicable license fees under the Arena License Agreements were substantially reduced. Effective May 19, 2021, event venues such as The Garden were permitted to host guests at full capacity, subject to certain restrictions, including, for example, restrictions for unvaccinated guests. As a result, the Knicks played three home playoff games with ticket sales of approximately 15,000-16,500 per game during the fiscal year ended June 30, 2021. As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments associated with the Knicks playoff games during the 2021 NBA playoffs. Costs associated with such payments were considered variable lease costs for the year ended June 30, 2021. Effective July 1, 2021, the Company began paying license fees under the Arena License Agreements in their full contractual amounts. The Knicks and the Rangers are entitled to use The Garden on home game days, which are usually nonconsecutive, for a pre-defined period of time before and after the game. In evaluating the Company’s lease cost, the Company considered the timing of payments throughout the lease terms and the nonconsecutive periods of use, provided for within each license. While payments are made throughout the contract year in twelve equal installments under each arrangement, the periods of use only span each of the individual team event days. As such, the Company concluded that the related straight-line operating lease costs should be recorded by each team equally over each team’s individual event days. In June 2023, the Company entered into a lease agreement for an aircraft with a term through December 30, 2031. The lease right of use asset and liability were recorded in the Company’s accompanying consolidated balance sheet as of June 30, 2023 based on the present value of minimum lease fixed payments over the lease term utilizing the Company’s incremental borrowing rate as of the lease commencement date. As of June 30, 2023, the Company’s existing operating leases, which are recorded in the accompanying consolidated financial statements, have remaining lease terms ranging from 4 months to 32 years. In certain instances, leases include options to renew, with varying option terms. The exercise of lease renewal, if available under the lease options, is generally at the Company’s discretion and is considered in the Company’s assessment of the respective lease term. The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants. The following table summarizes the ROU assets and lease liabilities recorded on the Company’s consolidated balance sheet as of June 30, 2023 and 2022: Line Item in the Company’s Consolidated Balance Sheet June 30, 2023 June 30, 2022 Right-of-use assets: Operating leases Right-of-use lease assets $ 715,283 $ 686,782 Lease liabilities: Operating leases, current (a) Operating lease liabilities, current 49,745 43,699 Operating leases, noncurrent (a) Operating lease liabilities, noncurrent 746,437 699,587 Total lease liabilities $ 796,182 $ 743,286 —————— (a) As of June 30, 2023, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,700 and $707,124, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that were payable to Sphere Entertainment. The following table summarizes the activity recorded within the Company’s consolidated statement of operations for the years ended June 30, 2023, 2022, and 2021: Years Ended June 30, Line Item in the Company’s Consolidated Statement of Operations 2023 2022 2021 Operating lease cost Direct operating expenses $ 68,233 $ 68,311 $ 35,801 Operating lease cost Selling, general and administrative expenses 2,452 2,450 2,444 Short-term lease cost Direct operating expenses 185 161 122 Variable lease cost (a) Direct operating expenses — — 1,209 Total lease cost $ 70,870 $ 70,922 $ 39,576 —————— (a) As a result of the unique circumstances due to COVID-19, the Company agreed to make certain variable lease payments to Sphere Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs. Supplemental Information For the years ended June 30, 2023 and 2022, cash paid for amounts included in the measurement of lease liabilities was $44,986 and $43,846, respectively. For the years ended June 30, 2023 and 2022, non-cash additions to right-of-use assets and operating lease liabilities was $45,357 and $1,244, respectively. The weighted average remaining lease term for operating leases recorded on the accompanying consolidated balance sheet as of June 30, 2023 and 2022 was 30.5 years and 32.7 years, respectively. The weighted average discount rate was 7.10% and 7.13% as of June 30, 2023 and 2022, respectively, and represented the Company’s estimated incremental borrowing rate, assuming a secured borrowing, based on the remaining lease term at the time of either (i) adoption of the standard or (ii) the period in which the lease term expectation commenced or was modified. Maturities of operating lease liabilities as of June 30, 2023 are as follows: Fiscal year ending June 30, 2024 $ 51,577 Fiscal year ending June 30, 2025 51,681 Fiscal year ending June 30, 2026 52,155 Fiscal year ending June 30, 2027 53,516 Fiscal year ending June 30, 2028 54,919 Thereafter 2,042,175 Total lease payments 2,306,023 Less imputed interest (1,509,841) Total lease liabilities $ 796,182

Property and Equipment

Property and Equipment	12 Months Ended
Property and Equipment	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Property and Equipment	Property and Equipment As of June 30, 2023 and 2022, property and equipment consisted of the following assets: June 30, June 30, Estimated Useful Lives Land $ 5,153 $ 5,153 Buildings 51,465 51,444 Up to 45 years Equipment 21,587 21,042 2 years to 20 years Furniture and fixtures 631 786 4 years to 10 years Leasehold improvements 564 1,072 Shorter of term of lease or life of improvement Construction in progress 218 189 79,618 79,686 Less accumulated depreciation and amortization (49,117) (46,794) $ 30,501 $ 32,892

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
Goodwill and Intangible Assets	Jun. 30, 2023
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 of goodwill identified as of the impairment test date. The Company’s goodwill is $226,523 and $226,955 as of June 30, 2023 and 2022, respectively. The decrease in goodwill was attributable to the Company’s disposal of CLG in April 2023. The Company’s indefinite-lived intangible assets as of June 30, 2023 and 2022 are as follows: June 30, June 30, Sports franchises $ 102,564 $ 111,064 Photographic related rights 1,080 1,080 $ 103,644 $ 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. The decrease in the indefinite-lived intangible assets was attributable to the Company’s disposal of CLG in April 2023. The Company had no intangible assets subject to amortization as of June 30, 2023 as a result of the disposal of CLG in April 2023. The Company’s intangible assets subject to amortization as of June 30, 2022 were as follows: 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 Amortization expense for intangible assets was

Investments

Investments	12 Months Ended
Investments	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	Investments The Company’s investments in nonconsolidated affiliates which are accounted for under the equity method of accounting, equity investments with readily determinable fair values, equity investments without readily determinable fair values, and derivative instruments, which are reported within Investments in the accompanying consolidated balance sheets consisted of the following: June 30, Equity method investments: NRG $ 11,948 Equity investments with readily determinable fair values: Xtract One Technologies Inc. (“Xtract One”) common stock 22,408 Other equity investments with readily determinable fair values 14,406 Equity investments without readily determinable fair values (a) 5,514 Derivative instruments: Xtract One warrants 13,098 Total investments $ 67,374 June 30, Equity investments with readily determinable fair values: Other equity investments with readily determinable fair values $ 2,736 Equity investments without readily determinable fair values (a) 2,000 Total investments $ 4,736 _________________ (a) For the years ended June 30, 2023 and 2022, the Company did not have any impairment charges or changes in carrying value recorded to its equity securities without readily determinable fair values. Equity Method Investments The Company determined that it has the ability to exert significant influence over the investee and therefore accounts for these investments under the equity method of accounting. NRG In April 2023, the Company sold its controlling interest in CLG to NRG, a professional gaming and entertainment company in exchange for a noncontrolling equity interest in the combined NRG/CLG company. The Company received preferred shares representing approximately 25% of the capital stock of NRG. The Company recorded the investment in NRG at fair value as an equity method investment. The Company deconsolidated the CLG business in the fourth fiscal quarter of 2023 and recorded a loss of $1,031 within Miscellaneous income (expense) Equity Investments with Readily Determinable Fair Values The Company holds investments in equity instruments with readily determinable fair value, which are included within Investments in the accompanying consolidated balance sheets, including the following: • Xtract One, a technology-driven threat detection and security solution company that is listed on the Toronto Stock Exchange under the symbol “XTRA”. The Company holds common stock of Xtract One and holds warrants entitling the Company to acquire additional shares of common stock of Xtract One which are considered derivative instruments. Refer to Note 11 for further details regarding the Company’s warrants, including the inputs used in determining the fair value of the warrants. • Other equity investments held in trust under the Company’s Executive Deferred Compensation Plan. Refer to Note 14 for further details regarding the plan. The fair value of the Company’s investments in common stock of Xtract One and other investments held in trust are determined based on quoted market prices in active markets, which are classified within Level I of the fair value hierarchy. The cost basis and carrying value of equity investments with readily determinable fair values are as follows: June 30, 2023 Cost Basis Carrying Value / Fair Value Xtract One common stock $ 6,783 $ 22,408 Other equity investments with readily determinable fair values 13,772 14,406 $ 20,555 $ 36,814 June 30, 2022 Cost Basis Carrying Value / Fair Value Other equity investments with readily determinable fair values $ 3,197 $ 2,736 $ 3,197 $ 2,736 The following table summarizes the realized and unrealized gains on equity investments with readily determinable fair values, recorded within Miscellaneous income (expense), net within the Company’s consolidated statement of operations, for the years ended June 30, 2023 and 2022. The Company did not have any investments in the year ended June 30, 2021, and therefore no gains or losses were recorded. Years Ended June 30, 2023 2022 Unrealized gain - Xtract One common stock $ 15,625 $ — Unrealized gain (loss) - other equity investments with readily determinable fair values 1,095 (461) Realized loss - other equity investments with readily determinable fair values (4) — $ 16,716 $ (461)

Fair Value Measurements

Fair Value Measurements	12 Months Ended
Fair Value Measurements	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value Measurements	Fair Value Measurements The following table presents the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents: Fair Value Hierarchy June 30, 2023 2022 Assets: Money market accounts I $ 17,330 $ 26,018 Time deposit I 1,457 56,082 Equity investments I 36,814 2,736 Warrants III 13,098 — Total assets measured at fair value $ 68,699 $ 84,836 Level I Inputs Assets that are classified within Level I of the fair value hierarchy and 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. Refer to Note 10 for further details regarding equity investments. Level III Inputs The Company’s level III assets consist of warrants entitling the Company to acquire additional common shares of Xtract One. The Company’s warrants are included within Investments in the accompanying consolidated balance sheets. Changes in the fair value of derivative instruments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The fair value of the Company’s warrants in Xtract One were determined using the Black-Scholes option pricing model. The following are key assumptions used to calculated the fair value of the warrants as of June 30, 2023: June 30, Expected term 2.34 years Expected volatility 74.43 % Risk-free interest rate 4.68 % The following table presents additional information about our assets for which we utilize Level III inputs to determine fair value: Year Ended June 30, 2023 Balance at beginning of period $ — Purchase of warrants 3,257 Unrealized gains on warrants 9,841 Balance at ending of period $ 13,098 The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: June 30, 2023 June 30, 2022 Carrying Fair Carrying Fair Liabilities Debt, current (a) $ 30,000 $ 30,000 $ 30,000 $ 30,000 Long-term debt (b) $ 295,000 $ 295,000 $ 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 13 for further details.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
Commitments and Contingencies	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Contractual Obligations and Off Balance Sheet Arrangements The Company has certain future cash payments required under contracts entered into by the Company in the normal course of business. As of June 30, 2023, future cash payments required under contracts entered into by the Company in the normal course of business in excess of one year are as follows: Off-Balance Sheet Commitments (a) Contractual (b) Total (c) Fiscal year ending June 30, 2024 $ 200,561 $ 104,683 $ 305,244 Fiscal year ending June 30, 2025 220,342 5,886 226,228 Fiscal year ending June 30, 2026 120,878 3,249 124,127 Fiscal year ending June 30, 2027 67,084 2,492 69,576 Fiscal year ending June 30, 2028 30,606 2,492 33,098 Thereafter 31,914 7,539 39,453 $ 671,385 $ 126,341 $ 797,726 _________________ (a) Consist principally of the Company’s obligations under employment agreements that the Company has with its sports teams’ personnel that are generally guaranteed regardless of employee injury or termination. (b) Consist primarily of amounts earned under employment agreements that the Company has with certain of its sports teams’ personnel. (c) Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 14 for further information on the Company’s pension obligations. In addition, see Note 7 for information on the contractual obligations related to future lease payments, which are reflected on the consolidated balance sheet as lease liabilities as of June 30, 2023. See Note 13 for further details of the outstanding balances under the 2021 Knicks Revolving Credit Facility, the 2021 Rangers Revolving Credit Facility and the 2021 Rangers NHL Advance Agreement (as defined below).

Debt

Debt	12 Months Ended
Debt	Jun. 30, 2023
Debt [Abstract]
Debt Disclosure [Text Block]	Debt Knicks Revolving Credit Facility On September 30, 2016, New York Knicks, LLC (“Knicks LLC”), a wholly owned subsidiary of the Company, entered into a credit agreement (the “2016 Knicks Credit Agreement”) with a syndicate of lenders providing for a senior secured revolving credit facility of up to $200,000 with a term of five years (the “2016 Knicks Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The 2016 Knicks Revolving Credit Facility would have matured and any unused commitments thereunder would have expired on September 30, 2021. On November 6, 2020, the Company amended and restated the 2016 Knicks Credit Agreement in its entirety (the “2020 Knicks Credit Agreement”). On December 14, 2021, Knicks LLC entered into Amendment No. 2 to the 2020 Knicks Credit Agreement, which amended and restated the 2020 Knicks Credit Agreement (the “2021 Knicks Credit Agreement”). The 2021 Knicks Credit Agreement provides for a senior secured revolving credit facility of up to $275,000 (the “2021 Knicks Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The maturity date of the 2021 Knicks Credit Agreement is December 14, 2026. Amounts borrowed may be distributed to the Company except during an event of default. All borrowings under the 2021 Knicks Revolving Credit Facility are subject to the satisfaction of certain customary conditions. Borrowings under the 2021 Knicks Credit Agreement bear interest at a floating rate, which at the option of Knicks LLC may be either (i) a base rate plus a margin ranging from 0.250% to 0.500% per annum or (ii) term Secured Overnight Financing Rate (“SOFR”) plus a credit spread adjustment of 0.100% per annum plus a margin ranging from 1.250% to 1.500% per annum depending on the credit rating applicable to the NBA’s league-wide credit facility. Knicks LLC is required to pay a commitment fee ranging from 0.250% to 0.300% per annum in respect of the average daily unused commitments under the 2021 Knicks Revolving Credit Facility. During the year ended June 30, 2023, the Company borrowed an additional $55,000 and made principal repayments of $40,000 under the 2021 Knicks Revolving Credit Facility. The outstanding balance under the 2021 Knicks Revolving Credit Facility was $235,000 as of June 30, 2023, which was recorded as Long-term debt in the accompanying consolidated balance sheet. The interest rate on the 2021 Knicks Revolving Credit Facility as of June 30, 2023 was 6.43%. During the year ended June 30, 2023 the Company made interest payments of $13,085 in respect of the 2021 Knicks Revolving Credit Facility. In addition, on July 10, 2023, the Company borrowed an additional $25,000 under 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 agreement contain certain customary representations and warranties, affirmative covenants and events of default. The 2021 Knicks Revolving Credit Facility contains certain restrictions on the ability of Knicks LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Knicks Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Knicks Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any Knicks LLC’s collateral. The 2021 Knicks Revolving Credit Facility requires Knicks LLC to comply with a debt service ratio of at least 1.5:1.0 over a trailing four quarter period. As of June 30, 2023, Knicks LLC was in compliance with this financial covenant. Knicks Holdings Credit Facility On November 6, 2020, Knicks Holdings, LLC, an indirect, wholly-owned subsidiary of the Company and the direct parent of Knicks LLC (“Knicks Holdings”), entered into a credit agreement with a syndicate of lenders (the “2020 Knicks Holdings Credit Agreement”). The 2020 Knicks Holdings Credit Agreement provided for a revolving credit facility of up to $75,000 (the “2020 Knicks Holdings Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. On December 14, 2021, the Company terminated the 2020 Knicks Holdings Revolving Credit Facility in its entirety. Rangers Revolving Credit Facility On January 25, 2017, New York Rangers, LLC (“Rangers LLC”), a wholly owned subsidiary of the Company, entered into a credit agreement (the “2017 Rangers Credit Agreement”) with a syndicate of lenders providing for a senior secured revolving credit facility of up to $150,000 with a term of five years (the “2017 Rangers Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The 2017 Rangers Revolving Credit Facility would have matured and any unused commitments thereunder would have expired on January 25, 2022. On November 6, 2020, the Company amended and restated the 2017 Rangers Credit Agreement in its entirety (the “2020 Rangers Credit Agreement”). On December 14, 2021, Rangers LLC entered into Amendment No. 3 to the 2020 Rangers Credit Agreement, which amended and restated the 2020 Rangers Credit Agreement (the “2021 Rangers Credit Agreement”). The 2021 Rangers Credit Agreement provides for a senior secured revolving credit facility of up to $250,000 (the “2021 Rangers Revolving Credit Facility”) to fund working capital needs and for general corporate purposes. The maturity date of the 2021 Rangers Credit Agreement is December 14, 2026. Amounts borrowed may be distributed to the Company except during an event of default. All borrowings under the 2021 Rangers Revolving Credit Facility are subject to the satisfaction of certain customary conditions. Borrowings under the 2021 Rangers Revolving Credit Facility bear interest at a floating rate, which at the option of Rangers LLC may be either (i) a base rate plus a margin ranging from 0.500% to 1.000% per annum or (ii) term SOFR plus a credit spread adjustment of 0.100% per annum plus a margin ranging from 1.500% to 2.000% per annum depending on the credit rating applicable to the NHL’s league-wide credit facility. Rangers LLC is required to pay a commitment fee ranging from 0.375% to 0.625% per annum in respect of the average daily unused commitments under the 2021 Rangers Revolving Credit Facility. During the year ended June 30, 2023, the Company borrowed $160,000 and made principal repayments of $100,000 under the 2021 Rangers Revolving Credit Facility. The outstanding balance under the 2021 Rangers Revolving Credit Facility was $60,000 as of June 30, 2023, 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 June 30, 2023 was 6.95%. During the year ended June 30, 2023 the Company made interest payments of $4,911 in respect of 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 agreement contain certain customary representations and warranties, affirmative covenants and events of default. The 2021 Rangers Revolving Credit Facility contains certain restrictions on the ability of Rangers LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Rangers Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Rangers Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any of Rangers LLC’s assets securing the obligations under the 2021 Rangers Revolving Credit Facility. The 2021 Rangers Revolving Credit Facility requires Rangers LLC to comply with a debt service ratio of at least 1.5:1.0 over a trailing four quarter period. As of June 30, 2023, Rangers LLC was in compliance with this financial covenant. 2021 Rangers NHL Advance Agreement On March 19, 2021, Rangers LLC, Rangers Holdings, LLC and MSG NYR Holdings LLC entered into an advance agreement with the NHL (the “2021 Rangers NHL Advance Agreement”) pursuant to which the NHL advanced $30,000 to Rangers LLC. The advance is to be utilized solely and exclusively to pay for Rangers LLC operating expenses. All obligations under the 2021 Rangers NHL Advance Agreement are senior to and shall have priority over all secured and other indebtedness of Rangers LLC, Rangers Holdings, LLC and MSG NYR Holdings LLC. All borrowings under the 2021 Rangers NHL Advance Agreement were made on a non-revolving basis and bear interest at 3.00% per annum, ending on the date any such advances are fully repaid. Advances received under the 2021 Rangers NHL Advance Agreement are payable upon demand by the NHL. It is expected that the advanced amount will be set off against funds that would otherwise be paid, distributed or transferred by the NHL to Rangers LLC. The outstanding balance under the 2021 Rangers NHL Advance Agreement was $30,000 as of June 30, 2023 and was recorded as Debt in the accompanying consolidated balance sheet. During the year ended June 30, 2023 the Company made interest payments of $675. Deferred Financing Costs The following table summarizes deferred financing costs, net of amortization, related to the Company’s credit facilities as reported on the accompanying consolidated balance sheets: June 30, June 30, Other current assets $ 1,145 $ 1,145 Other assets 2,810 3,954

Benefit Plans

Benefit Plans	12 Months Ended
Benefit Plans	Jun. 30, 2023
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans Defined Benefit Pension Plans The Company sponsors the MSG Sports, LLC Excess Cash Balance Plan (the “Excess Cash Balance Plan”), an unfunded non-contributory, non-qualified excess cash balance plan and the MSG Sports, LLC Excess Retirement Plan, an unfunded non-contributory, non-qualified defined benefit pension plan for the benefit of certain employees (collectively referred to as “Pension Plans”). All benefits in the Company’s Pension Plans are frozen and participants are not able to earn benefits for future service under these plans, and no employee of the Company who was not already a participant as of the date the respective plan was frozen may become a participant in the Pension Plans. Existing account balances under the Excess Cash Balance Plan are credited with monthly interest in accordance with the terms of the plan. The following table summarizes the projected benefit obligations and the amounts recorded on the Company’s consolidated balance sheets as of June 30, 2023 and 2022, associated with the Pension Plans based upon actuarial valuations as of those measurement dates. June 30, 2023 2022 Change in benefit obligation: Benefit obligation at beginning of period $ 8,314 $ 9,600 Interest cost 239 123 Actuarial gain (215) (1,078) Benefits paid (248) (248) Plan settlements paid (253) (83) Benefit obligation at end of period $ 7,837 $ 8,314 The actuarial gain of $215, included in the change in benefit obligation for pension benefits in the year ended June 30, 2023, is primarily the result of increases in the discount rate and demographic experience as of June 30, 2023. Amounts recognized in the consolidated balance sheets as of June 30, 2023 and 2022 consist of: June 30, 2023 2022 Current liabilities (included in accrued employee related costs) $ (3,311) $ (3,309) Non-current liabilities (included in Defined benefit obligations) (4,526) (5,005) $ (7,837) $ (8,314) Accumulated other comprehensive loss, before income tax, as of June 30, 2023 and 2022 consists of the following amounts that have not yet been recognized in net periodic benefit cost: June 30, 2023 2022 Actuarial loss $ (543) $ (807) The following table presents components of net periodic benefit cost for the Pension Plans included in the accompanying consolidated statements of operations for the years ended June 30, 2023, 2022 and 2021. Components of net periodic benefit cost are reported in Miscellaneous income (expense), net Years Ended June 30, 2023 2022 2021 Interest cost $ 239 $ 123 $ 145 Recognized actuarial loss 18 133 103 Settlement loss recognized (a) 30 9 47 Net periodic benefit cost $ 287 $ 265 $ 295 _________________ (a) For the years ended June 30, 2023, 2022 and 2021, lump-sum payments totaling $253, $83 and $328, respectively, were distributed to vested participants of the Excess Cash Balance Plan, triggering the recognition of settlement losses in accordance with ASC Topic 715. Due to these pension settlements, the Company was required to remeasure its pension plan liability as of June 30, 2023, June 30, 2022, and June 31, 2021 for the years ended June 30, 2023, 2022 and 2021, respectively. Discount rates used for the projected benefit obligation and interest cost were 4.38% and 2.97% as of June 30, 2023, respectively, 1.89% and 0.86% as of June 30, 2022, respectively, and 1.73% and 0.91% as of June 30, 2021, respectively. Additionally, settlement charges of $30, $9 and $47 were recognized in Miscellaneous income (expense), net Other pre-tax changes benefit obligations recognized in other comprehensive income (loss) for the years ended June 30, 2023, 2022 and 2021 are as follows: Years Ended June 30, 2023 2022 2021 Actuarial gain (loss), net $ 215 $ 1,078 $ (38) Recognized actuarial loss 18 133 103 Settlement loss recognized 30 9 47 Total recognized in other comprehensive income (loss) $ 263 $ 1,220 $ 112 Assumptions Weighted-average assumptions used to determine benefit obligations (made at the end of the period) as of June 30, 2023 and 2022 are as follows: June 30, 2023 2022 Discount rate 5.44 % 4.60 % Interest crediting rate 3.77 % 2.76 % Weighted-average assumptions used to determine net periodic benefit cost (made at the beginning of the period) for the years ended June 30, 2023, 2022 and 2021 are as follows: Years Ended June 30, 2023 2022 2021 Discount rate - projected benefit obligation 4.60 % 2.35 % 2.35 % Discount rate - interest cost 4.27 % 1.84 % 1.84 % The discount rates were determined (based on the expected duration of the benefit payments for the plans) from the Willis Towers Watson U.S. Rate Link: 40-90 Discount Rate Model as of June 30, 2023, 2022, and 2021 to select a rate at which the Company believed the plans’ benefits could be effectively settled. This model was developed by examining the yields on selected highly rated corporate bonds. Estimated Future Benefit Payments The following table presents estimated future fiscal year benefit payments: Fiscal year ending June 30, 2024 $ 3,409 Fiscal year ending June 30, 2025 588 Fiscal year ending June 30, 2026 561 Fiscal year ending June 30, 2027 445 Fiscal year ending June 30, 2028 426 Fiscal years ending June 30, 2029 – 2033 1,881 Defined Contribution Pension Plans MSG Sports employees participate in The Madison Square Garden 401(k) Savings Plan (the “401(k) Plan”), which is a multiple employer plan sponsored by MSG Entertainment Holdings, LLC, a wholly owned subsidiary of MSG Entertainment. In addition, the Company sponsors the MSG Sports LLC Excess Savings Plan (the “Excess Savings Plan”), which provides non-qualified retirement benefits to eligible MSG Sports employees. Expense related to the 401(k) Plan and Excess Savings Plan was $4,897, $4,956, and $2,310 for the years ended June 30, 2023, 2022, and 2021, respectively. Multiemployer Plans The Company contributes to a number of multiemployer defined benefit pension plans, multiemployer defined contribution pension plans, and multiemployer health and welfare plans that provide benefits to retired union-represented employees under the terms of CBAs. Multiemployer Defined Benefit Pension Plans The multiemployer defined benefit pension plans to which the Company contributes generally provide for retirement and death benefits for eligible union-represented employees based on specific eligibility/participant requirements, vesting periods and benefit formulas. The risks to the Company of participating in these multiemployer defined benefit pension plans are different from single-employer defined benefit pension plans in the following aspects: • Assets contributed to a multiemployer defined benefit pension plan by one employer may be used to provide benefits to employees of other participating employers. • If a participating employer stops contributing to a multiemployer defined benefit pension plan, the unfunded obligations of the plan may be borne by the remaining participating employers. • If the Company chooses to stop participating in some of these multiemployer defined benefit pension plans, the Company may be required to pay those plans an amount based on the Company’s proportion of the underfunded status of the plan, referred to as a withdrawal liability. However, cessation of participation in a multiemployer defined benefit pension plan and subsequent payment of any withdrawal liability is subject to the collective bargaining process. The following table outlines the Company’s participation in multiemployer defined benefit pension plans for the years ended June 30, 2023, 2022 and 2021, and summarizes the contributions that the Company has made during each period. The “EIN” and “Pension Plan Number” columns provide the Employer Identification Number and the three-digit plan number for each applicable plan. The most recent Pension Protection Act zone status available as of June 30, 2023 and 2022 relates to the plan’s two most recent years ended which are indicated. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The “FIP/RP Status Pending/Implemented” column indicates whether a funding improvement plan (“FIP”) for yellow/orange zone plans or a rehabilitation plan (“RP”) for red zone plans is either pending or has been implemented by the trustees of such plan. The zone status and any FIP or RP information is based on information that the Company received from the plan, and the zone status is as certified by the plan’s actuary. The last column lists the expiration date(s) or a range of expiration dates of the CBA to which the plans are subject. There are no other significant changes that affect such comparability. PPA Zone Status FIP/RP Status Pending / Implemented MSG Sports As of June 30, Years Ended June 30, Plan Name EIN Pension Plan Number 2023 2022 2023 2022 2021 Surcharge Imposed Expiration Date of CBA National Basketball Association Players’ Pension Plan 832172122 001 Yellow Yellow Implemented $ 4,113 $ — $ 3,526 No 6/1/2030 (with certain termination rights becoming effective 6/2029) as of as of 2/1/2022 2/1/2021 National Hockey League Players’ Retirement Benefit Plan 462555356 001 Green Green No 1,413 1,276 1,153 No 9/15/26 as of as of 4/30/2022 4/30/2021 All Other Multiemployer Defined Benefit Pension Plans 453 373 371 $ 5,979 $ 1,649 $ 5,050 The Company was not listed as providing more than 5 percent of the total contributions in any Form 5500 for the years ended June 30, 2023, 2022 and 2021. Multiemployer Defined Contribution Pension Plans and Multiemployer Plans That Provide Health and Welfare Benefits The Company contributed $1,113, $1,092 and $1,273 for the years ended June 30, 2023, 2022 and 2021, respectively, to multiemployer defined contribution pension plans. In addition, the Company contributed $274, $278 and $3,526 for the years ended June 30, 2023, 2022 and 2021, respectively, to multiemployer plans that provide health and welfare benefits to retired employees. Executive Deferred Compensation Plan The Company sponsors the Madison Square Garden Sports Corp. Executive Deferred Compensation Plan (the “Deferred Compensation Plan”), which was established in November 2021, for the purpose of permitting a select group of highly-compensated employees to defer the employee’s annual base salary and bonus into the Deferred Compensation Plan with returns on such deferrals tracking the performance of certain investments. Amounts deferred and invested by employees under the Deferred Compensation Plan are placed in an irrevocable trust established by the Company and all assets of the trust are subject to the creditors of the Company in the event of insolvency. In accordance with ASC Topic 710, Compensation – General (“ASC Topic 710”), the assets of the trust are consolidated with the accounts of the Company and are recognized in the Company’s consolidated balance sheet. In accordance with ASC Topic 710, the Company remeasures the deferred compensation liability, with a charge (or credit) to compensation cost in the Company’s consolidated statements of operations, to reflect changes in the fair value of the assets owed to the participants of the Deferred Compensation Plan. The Company remeasures the fair value of the assets held in trust in accordance with ASC Topic 321, Investments – Equity Securities , and recognizes unrealized gains and losses in Miscellaneous income (expense), net in the Company’s consolidated statements of operations. The Company recorded compensation expense/(compensation cost credits) of $1,091 and $(461), for the years ended June 30, 2023 and 2022, respectively, within Selling, general and administrative expenses to reflect the remeasurement of the Deferred Compensation Plan liability. In addition, the Company recorded gains/(losses) of $1,091 and $(461), for the years ended June 30, 2023 and 2022, respectively, within Miscellaneous income (expense), net to reflect the remeasurement of the fair value of assets under the Deferred Compensation Plan. Amounts recognized in the consolidated balance sheets as of June 30, 2023 and 2022 related to the Deferred Compensation Plan consist of: June 30, June 30, 2023 2022 Non-current assets (included in investments) $ 14,406 $ 2,736 Current liabilities (included in accrued employee related costs) (1,358) (123) Non-current liabilities (included in other employee related costs) (13,048) (2,613)

Share-Based Compensation

Share-Based Compensation	12 Months Ended
Share-Based Compensation	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-based Compensation	Share-based Compensation The Company has two share-based compensation plans: the 2015 Employee Stock Plan (the “Employee Stock Plan”) and the 2015 Stock Plan for Non-Employee Directors (the “Non-Employee Director Plan”). Under the Employee Stock Plan, the Company is authorized to grant incentive stock options, non-qualified stock options, restricted shares, restricted stock units (“RSUs”), performance RSUs (“PSUs”), stock appreciation rights and other equity-based awards. The Company may grant awards for up to 2,650 shares of the Company’s Class A Common Stock (subject to certain adjustments). Options and stock appreciation rights under the Employee Stock Plan must be granted with an exercise price of not less than the fair market value of a share of the Company’s Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant (or up to one Under the Non-Employee Director Plan, the Company is authorized to grant non-qualified stock options, restricted shares, restricted stock units, stock appreciation rights and other equity-based awards. The Company may grant awards for up to 160 shares of the Company’s Class A Common Stock (subject to certain adjustments). Options under the Non-Employee Director Plan must be granted with an exercise price of not less than the fair market value of a share of the Company’s Class A Common Stock on the date of grant and must expire no later than 10 years from the date of grant (or up to one In connection with the Sphere Distribution, pursuant to the terms of the incentive plans and award agreements, (i) each holder of an RSU and PSU granted under the Employee Stock Plan received one Sphere Entertainment RSU or PSU in respect of every one Company RSU or PSU owned on the Record Date and continues to be entitled to a share of the Company’s Class A Common Stock (or cash or other property) for each Company RSU or PSU in accordance with the existing award agreement, (ii) one share of Sphere Entertainment Class A Common Stock was issued under the Sphere Entertainment Non-Employee Director Plan in respect of every one RSU outstanding under the Company’s Non-Employee Director Plan, which remain outstanding and continue to be entitled to a share of the Company’s Class A Common Stock (or cash or other property) in accordance with the existing award agreement, and (iii) each option to purchase the Company’s Class A Common Stock became two options: one option to acquire Sphere Entertainment Class A Common Stock and one option to acquire the Company’s Class A Common Stock. The existing exercise price was allocated between the Company’s options and the new Sphere Entertainment options based upon the volume-weighted average prices of the Sphere Entertainment Class A Common Stock and the Company’s Class A Common Stock using the 10-day volume weighted average trading price immediately following the Sphere Distribution, and the underlying share amount was consistent with the one-to-one distribution ratio in the Sphere Distribution. Other than the split of the options and the allocation of the existing exercise price, there were no additional adjustments to the existing options in connection with the Sphere Distribution. The Company’s RSUs/PSUs and/or stock options held by individuals who are solely Sphere Entertainment or MSG Entertainment employees will not be expensed by the Company; however, such RSUs/PSUs and/or stock options do have a dilutive effect on earnings (loss) per share available to the Company’s common stockholders. Share-based Compensation Expense Share-based compensation expense is generally recognized straight-line over the vesting term of the award, which typically provides for three-year cliff or graded vesting subject to continued employment. For awards that are graded vesting and subject to performance conditions, in addition to continued employment, the Company uses the graded-vesting method to recognize share-based compensation expense. Share-based compensation expense was recognized in the consolidated statements of operations as a component of direct operating expenses or selling, general and administrative expenses. Share-based compensation expense recorded during the years ended June 30, 2023, 2022 and 2021 was $25,203, $24,245 and $30,437, respectively. There were no costs related to share-based compensation in operations that were capitalized for the years ended June 30, 2023, 2022 and 2021. As of June 30, 2023, there was $14,439 of unrecognized compensation cost related to unvested RSUs and PSUs held by the Company’s employees. The cost is expected to be recognized over a weighted-average period of approximately 2.0 years for unvested RSUs and PSUs. As a result of an agreement to settle an action (the “Settlement”) filed by a purported stockholder of the Company derivatively on behalf of the Company against certain directors of the Company who are members of the Dolan family and against the directors of the Company who were members of the Compensation Committee, Mr. Dolan voluntarily relinquished a one-time equity award granted by the Company in October 2018 pursuant to his 2018 employment agreement, and the related award agreements were canceled. The one-time equity award included: 32 target performance stock units and three grants of stock options to purchase an aggregate of 449 shares of Class A Common Stock, which were to vest over a four-year period. The Settlement became effective October 8, 2020 and therefore, upon cancellation, the Company recorded previously unrecognized share-based compensation expense of approximately $7,400 related to this award during the year ended June 30, 2021. Restricted Stock Units Award Activity The following table summarizes activity related to the Company’s RSUs and PSUs, held by the Company Sphere Entertainment, and MSG Entertainment employees, for the year ended June 30, 2023: Number of Weighted-Average Fair Value Per Share At Date of Grant (a) RSUs PSUs Unvested award balance as of June 30, 2022 199 189 $ 198.21 Granted 97 60 $ 165.33 Vested (170) (87) $ 213.06 Forfeited (2) (2) $ 160.31 Unvested award balance as of June 30, 2023 124 160 $ 167.08 _________________ (a) Weighted-average fair value per share at date of grant does not reflect any adjustment associated with the Sphere Distribution. See above for a discussion of the treatment of RSUs and PSUs in connection with the Sphere Distribution. The fair value of RSUs and PSUs that vested during the year ended June 30, 2023 was $40,944. Upon delivery, RSUs and PSUs granted under the Employee Stock Plan were net share-settled to cover the required statutory tax withholding obligations. To fulfill the employees’ statutory minimum tax withholding obligations for the applicable income and other employment taxes, 117 of these RSUs and PSUs, with an aggregate value of $17,897, inclusive of $4,233 related to Sphere Entertainment and MSG Entertainment employees (who vested in the Company’s RSUs and PSUs), were retained by the Company and the taxes paid are reflected as financing activity in the accompanying consolidated statement of cash flows for the year ended June 30, 2023. The fair value of RSUs and PSUs that vested during the years ended June 30, 2022 and 2021 was $40,490 and $36,099, respectively. The weighted-average fair value per share at grant date of RSUs and PSUs granted during the years ended June 30, 2022 and 2021 was $162.09 and $162.81, respectively. Stock Options Award Activity The following table summarizes activity related to the Company’s stock options for the year ended June 30, 2023: Number of Weighted-Average Exercise Price Per Share (a) Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Time Vesting Options Balance as of June 30, 2022 94 $ 145.78 5.46 $ 490 Granted — $ — Cancelled — $ — Balance as of June 30, 2023 94 $ 138.78 4.46 $ 4,623 Exercisable as of June 30, 2023 94 $ 138.78 4.46 $ 4,623 _________________ (a) Weighted-average exercise price per share does not reflect any adjustment associated with the Sphere Distribution. See above for a discussion of the treatment of options in connection with the Sphere Distribution.

Stock Repurchase Program

Stock Repurchase Program	12 Months Ended
Stock Repurchase Program	Jun. 30, 2023
Stock Repurchase Program [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 matter 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 was 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 was classified as an equity instrument under ASC Subtopic 815-40. The Company has treated the initial and final 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 June 30, 2023, the Company had $184,639 of availability remaining under its stock repurchase authorization.

Related Party Transactions

Related Party Transactions	12 Months Ended
Related Party Transactions	Jun. 30, 2023
Related Party Transactions [Abstract]
Related Party Transactions	Related Party TransactionsAs of June 30, 2023, 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 Sphere Entertainment, MSG Entertainment and AMC Networks Inc. (“AMC Networks”). Current Related Party Arrangements The Company is party to the following agreements and/or arrangements with MSG Entertainment as of June 30, 2023: • Arena License Agreements, entered into in April 2020, 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, and (vi) provides other general services within The Garden; • 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. As of January 1, 2023, the Company has been providing certain services that were previously provided by MSG Entertainment under the agreements on an interim basis, and MSG Entertainment fully reimburses the Company for the costs of providing such services; • Team sponsorship allocation agreement with MSG Entertainment, pursuant to which the teams continue receiving an allocation of sponsorship and signage revenues associated with the sponsorship agreements; • 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, ticketing, sponsorship and premium hospitality-related 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; • Interest-bearing advances to MSG Entertainment in connection with the construction of new premium hospitality suites at The Garden; • 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; and • Other agreements with MSG Entertainment entered into in connection with the Sphere Distribution, including a trademark license agreement and certain other arrangements. The Company is also party to the following agreements and/or arrangements with Sphere Entertainment (including through its subsidiary MSG Networks) as of June 30, 2023: • Media rights agreements between the Company and MSG Networks, entered into in July 2015 with stated terms of 20 years, providing MSG Networks with local telecast rights for Knicks and Rangers games in exchange for media rights fees; • Arrangements with MSG Networks pursuant to which the Knicks and the Rangers have allocated revenues with MSG Networks related to virtual advertising inventory; • Other agreements with Sphere Entertainment in connection with the Sphere Distribution, including a distribution agreement, a tax disaffiliation agreement and an employee matters agreement and certain other arrangements; and • Other agreements with MSG Networks entered into in connection with the MSGS Distribution, including an employee matters agreement, agreements related to audio-only distribution rights for Knicks and Rangers games, and certain other arrangements. In addition, the Company shared certain executive support costs, including office space, executive assistants, security and transportation costs for: (i) the Company’s Executive Chairman with Sphere Entertainment and, following the MSGE Distribution, MSG Entertainment; (ii) the Company’s Vice Chairman with AMC Networks, Sphere Entertainment and, following the MSGE Distribution, MSG Entertainment, and (iii) the Company’s Executive Vice President with Sphere Entertainment and AMC Networks. The Company also previously shared such costs for the Company’s former Chief Executive Officer with Sphere Entertainment through March 31, 2022. Additionally, the Company, Sphere Entertainment, AMC Networks, and, following the MSGE Distribution, MSG Entertainment allocated the costs of certain personal aircraft and helicopter usage by their shared executives. From time to time the Company has entered into, and may in the future 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, Non-Executive Chairman and former Chief Executive Officer of 605, LLC. James L. Dolan and Kristin A. Dolan own 50% of 605, LLC. 605, LLC has provided audience measurement and data analytics services to the Company and its subsidiaries in the ordinary course of business. Revenues and Operating Expenses (Credits) The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying consolidated statements of operations for the years ended June 30, 2023, 2022 and 2021: Years Ended June 30, 2023 2022 2021 Revenues (a) $ 190,000 $ 178,696 $ 147,029 Operating expenses (credits): Expense pursuant to Services agreement with MSG Entertainment 36,458 38,102 36,730 Rent expense pursuant to Sublease agreement with MSG Entertainment 2,918 2,978 2,636 Costs associated with the Sponsorship sales and service representation agreements 19,329 22,316 16,016 Operating lease expense associated with the Arena License Agreements 67,619 67,620 36,629 Other costs associated with the Arena License Agreements 36,240 33,894 10,345 Other operating expenses (credits), net 84 1,288 (302) (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	12 Months Ended
Income Taxes	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Income tax expense (benefit) attributable to operations is comprised of the following components: Years Ended June 30, 2023 2022 2021 Current expense (benefit): Federal $ 23,161 $ — $ — State and other 6,110 572 243 29,271 572 243 Deferred expense (benefit): Federal (643) 18,664 (21,096) State and other 15,665 5,816 (52,568) 15,022 24,480 (73,664) Income tax expense (benefit) $ 44,293 $ 25,052 $ (73,421) The income tax expense (benefit) attributable to operations differs from the amount derived by applying the statutory federal rate to pre-tax income principally due to the effect of the following items: Years Ended June 30, 2023 2022 2021 Federal tax expense (benefit) at statutory federal rate $ 18,883 $ 15,525 $ (18,757) State income taxes, net of federal benefit 15,066 8,763 (7,331) Change in the estimated applicable tax rate used to determine deferred taxes 1,788 (3,191) (896) Capital loss carryover (2,728) — — GAAP income of consolidated partnership attributable to non-controlling interests 455 473 408 Return to provision 366 (2,476) — Change in valuation allowance 2,728 — (52,108) Nondeductible officers’ compensation 5,238 5,156 4,081 Nondeductible disability insurance premiums expense 1,227 964 392 Other nondeductible expenses 558 379 862 Excess tax benefit related to shared based-payments awards 636 (678) (72) Other 76 137 — Income tax expense (benefit) $ 44,293 $ 25,052 $ (73,421) The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and liabilities at June 30, 2023 and 2022 are as follows: June 30, 2023 2022 Deferred tax asset: Net operating loss carryforwards $ — $ 21,171 Capital loss and tax credit carryforwards 2,728 6,547 Accrued employee benefits 20,760 21,687 Accrued expenses 27,186 7,525 Restricted stock units and stock options 4,717 6,348 Arena deferred rent adjustment 26,268 17,044 Deferred revenue accelerated for tax purposes 9,506 10,920 Other 462 7,240 Total deferred tax assets $ 91,627 $ 98,482 Less valuation allowance (2,728) — Net deferred tax assets $ 88,899 $ 98,482 Deferred tax liabilities: Intangible and other assets $ (102,570) $ (97,653) Prepaid expenses (10,353) (9,746) Total deferred tax liabilities $ (112,923) $ (107,399) Net deferred tax liability $ (24,024) $ (8,917) In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. As of June 30, 2023, based on current facts and circumstances, management believes that it is more likely than not that the Company will not realize the benefit for a portion of its deferred tax assets related to capital loss carryforwards. The Company will continue to assess the realizability of its deferred tax assets on a quarterly basis. The Company does not have any uncertain tax positions as of June 30, 2023 and 2022. Prior to the Sphere Distribution, the Company and Sphere Entertainment entered into a Tax Disaffiliation Agreement (“TDA”) that governs the parties’ respective rights, responsibilities and obligations with respect to taxes and tax benefits. Under the TDA, the Company will generally be responsible for all U.S. federal, state, local and other applicable income taxes of Sphere Entertainment for any taxable period or portion of such period ending on or before the Sphere Distribution Date. The Company was notified in April 2020 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. The Company does not expect the examinations, when finalized, to result in material changes. The federal and state statute of limitations are currently open for tax returns for years starting with 2020 and 2016, respectively During the year ended June 30, 2023, the Company made income tax payments of $18,615.

Concentrations of Risk

Concentrations of Risk	12 Months Ended
Concentrations of Risk	Jun. 30, 2023
Risks and Uncertainties [Abstract]
Concentrations of Risk	Concentrations of Risk Financial instruments that may potentially subject the Company to a concentration of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are invested in money market accounts and a time deposit. The Company monitors the financial institutions and money market funds where it invests its cash and cash equivalents with diversification among counterparties to mitigate exposure to any single financial institution. The Company’s emphasis is primarily on safety of principal and liquidity and secondarily on maximizing the yield on its investments. The following individual non-related parties accounted for the following percentages of the Company’s consolidated receivable balances recorded in Accounts receivable, net and Other assets in the accompanying consolidated balance sheets: June 30, 2023 2022 Entity A 17 % 35 % Entity B 52 % 35 % The following individual non-related parties accounted for the following percentages of the Company’s consolidated revenue balances: Years Ended June 30, 2023 2022 2021 Entity B 13 % 14 % 32 % Entity A 3 % 3 % 12 % Revenues from MSG Networks amounted to $172,340 , $163,037 and $145,098 for the years ended June 30, 2023, 2022 and 2021, which represented 19%, 20% and 35%, respectively, of the Company’s consolidated revenues (see Note 17). As of June 30, 2023, approximately 109 full-time and part-time employees, which represent approximately 11.3% of the Company’s workforce, are subject to CBAs. There are no union employees subject to CBAs that expired as of June 30, 2023 and there are no union employees subject to CBAs that will expire by June 30, 2024.

Schedule II Valuation and Quali

Schedule II Valuation and Qualifying Accounts	12 Months Ended
Schedule II Valuation and Qualifying Accounts	Jun. 30, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Schedule II Valuation and Qualifying Accounts	SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS (in thousands) (Additions) / Deductions Balance at Charged to Costs and Expenses Charged to Other Accounts Deductions Balance at Year ended June 30, 2023 Allowance for doubtful accounts $ — $ — $ — $ — $ — Deferred tax valuation allowance — (2,728) — — (2,728) $ — $ (2,728) $ — $ — $ (2,728) Year ended June 30, 2022 Allowance for doubtful accounts $ — $ — $ — $ — $ — Deferred tax valuation allowance — — — — — $ — $ — $ — $ — $ — Year ended June 30, 2021 Allowance for doubtful accounts $ (180) $ 175 $ — $ 5 $ — Deferred tax valuation allowance (48,133) 51,496 (3,363) (a) — — $ (48,313) $ 51,671 $ (3,363) $ 5 $ — _________________ (a) Includes amounts related to return to provision adjustments.

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
Summary of Significant Accounting Policies (Policies)	Jun. 30, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The Company reports on a fiscal year basis ending on June 30 th
Use of Estimates	Use of Estimates The preparation of the accompanying financial statements in conformity with generally accepted accounting principles (“GAAP”) requires management to make estimates and assumptions about future events. These estimates and the underlying assumptions affect the amounts of assets and liabilities reported, disclosures about contingent assets and liabilities, and reported amounts of revenues and expenses. Such estimates include the valuation of accounts receivable, other current assets, goodwill, intangible assets, other long-lived assets, fair value of investments, deferred tax valuation allowance, tax accruals and other liabilities. In addition, estimates are used in revenue recognition, revenue sharing expense (net of escrow), luxury tax expense, income tax expense, performance and share-based compensation, depreciation and amortization, litigation matters and other matters, as well as in the valuation of contingent consideration and noncontrolling interests resulting from business combination transactions. Management believes its use of estimates in the financial statements to be reasonable. Management evaluates its estimates on an ongoing basis using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s financial statements in future periods.
Revenue Recognition	Revenue Recognition See Note 3 for details of accounting policies related to revenue recognition and other disclosures required under Accounting Standards Codification (“ASC”) Topic 606, Revenue from Contracts with Customers . Contracts with Customers All revenue recognized in the consolidated statements of operations is considered to be revenue from contracts with customers in accordance with ASC Topic 606. For the year ended June 30, 2023, the Company did not have any impairment losses on receivables or contract assets arising from contracts with customers. The Company recognizes revenue when, or as, performance obligations under the terms of a contract are satisfied, which generally occurs when, or as, control of promised goods or services are transferred to customers. Revenue is measured as the amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services (“transaction price”). To the extent the transaction price includes variable consideration, the Company estimates the amount of variable consideration that should be included in the transaction price utilizing the most likely amount to which the Company expects to be entitled. Variable consideration is included in the transaction price if, in the Company’s judgment, it is probable that a significant future reversal of cumulative revenue under the contract will not occur. Estimates of variable consideration and the determination of whether to include such estimated amounts in the transaction price are based largely on an assessment of the Company’s anticipated performance and all information that is reasonably available. The Company accounts for taxes collected from customers and remitted to governmental authorities on a net basis and excludes these amounts from revenues. In addition, the Company defers certain costs to fulfill the Company’s contracts with customers to the extent such costs relate directly to the contracts, are expected to generate resources that will be used to satisfy the Company’s performance obligations under the contracts, and are expected to be recovered through revenue generated under the contracts. Contract fulfillment costs are expensed as the Company satisfies the related performance obligations. Arrangements with Multiple Performance Obligations The Company has contracts with customers, including multi-year sponsorship agreements, that contain multiple performance obligations. Payment terms for such arrangements can vary by contract, but payments are generally due in installments throughout the contractual term. The performance obligations included in each sponsorship agreement vary and may include various advertising benefits such as, but not limited to, signage, digital advertising, event or property specific advertising, as well as non-advertising benefits such as suite licenses and event tickets. To the extent the Company’s multi-year arrangements provide for performance obligations that are consistent over the multi-year contractual term, such performance obligations generally meet the definition of a series as provided for under the accounting guidance. If performance obligations meet the definition of a series, the contractual fees for all years during the contract term are aggregated and the related revenue is recognized proportionately as the underlying performance obligations are satisfied. The timing of revenue recognition for each performance obligation is dependent upon the facts and circumstances surrounding the Company’s satisfaction of its respective performance obligation. The Company allocates the transaction price for such arrangements to each performance obligation within the arrangement based on the estimated relative standalone selling price of the performance obligation. The Company’s process for determining its estimated standalone selling prices involves management’s judgment and considers multiple factors including company specific and market specific factors that may vary depending upon the unique facts and circumstances related to each performance obligation. Key factors considered by the Company in developing an estimated standalone selling price for its performance obligations include, but are not limited to, prices charged for similar performance obligations, the Company’s ongoing pricing strategy and policies, and consideration of pricing of similar performance obligations sold in other arrangements with multiple performance obligations. The Company may incur costs such as commissions to obtain its multi-year sponsorship agreements. The Company assesses such costs for capitalization on a contract by contract basis. To the extent costs are capitalized, the Company estimates the useful life of the related contract asset which may be the underlying contract term or the estimated customer life depending on the facts and circumstances surrounding the contract. The contract asset is amortized over the estimated useful life. Principal versus Agent Revenue Recognition The Company reports revenue on a gross or net basis based on management’s assessment of whether the Company acts as a principal or agent in the transaction. The determination of whether the Company acts as a principal or an agent in a transaction is based on an evaluation of whether the Company controls the good or service before transfer to the customer. When the Company concludes that it controls the good or service before transfer to the customer, the Company is considered a principal in the transaction and records revenue on a gross basis. When the Company concludes that it does not control the good or service before transfer to the customer but arranges for another entity to provide the good or service, the Company acts as an agent and records revenue on a net basis in the amount it earns for its agency service. The Company’s revenue recognition policies that summarize the nature, amount, timing and uncertainty associated with each of the Company’s revenue sources are discussed further below. The Company’s professional sports teams derive event-related revenues principally from ticket sales which are recognized as the related games occur. The Company’s revenues also include revenue from the license of The Garden’s suites. Suite license arrangements are generally multi-year fixed fee arrangements that include annual fee increases. Payment terms for suite license arrangements can vary by contract, but payments are generally due in installments prior to each license year. The Company’s performance obligation under such arrangements is to provide the licensee with access to the suite when events occur at The Garden. Because suite and club licenses cover both the Knicks and the Rangers games and events that MSG Entertainment presents at The Garden, suite and club rental revenue is shared between us and MSG Entertainment under Arena License Agreements. Pursuant to the Arena Licenses Agreements, the Knicks and the Rangers are entitled to 35% and 32.5%, respectively, of the revenues received by MSG Entertainment in connection with suite and club licenses. The Company accounts for the performance obligation under these types of arrangements as a series and, as a result, the related suite license fees for all years during the license term are aggregated and revenue is recognized proportionately over the license period as the Company satisfies the related performance obligation. Progress toward satisfaction of the Company’s suite license performance obligations is measured as access to the suite is provided to the licensee throughout the contractual term of the license. For the year ended June 30, 2021, access to suites for Knicks and Rangers games was primarily sold by way of individual tickets, thus minimal suite license revenue was recognized. Event-related revenue also includes food, beverage and merchandise sales which are recognized at the point goods are provided to customers. Payment is received at the point of sale and sales tax collected from customers is excluded from revenue. Pursuant to the Arena License Agreements, the Knicks and the Rangers receive 50% of net profits from the sales of food and beverages during their games at The Garden. In addition to event-related revenue, MSG Sports maintains local media rights arrangements which provide for the licensing of team-related programming to MSG Networks. MSG Sports, pursuant to the terms of the agreements, receives such rights fees in equal monthly installments throughout each license year. The transaction price under these arrangements is variable in nature as certain credit provisions exist to the extent that the sports teams’ games are unavailable for broadcast during an individual league season. The Company estimates the transaction price at the beginning of each fiscal year, which coincides with the annual contractual term. In estimating the transaction price, the Company considers the contractually agreed upon license fees as well as considerations with respect to the number of games expected to be available for broadcast by MSG Networks over the upcoming year. The resulting transaction price is allocated entirely to the rights provided for the related contract year and revenue is recognized using an output measure of progress toward satisfaction of the Company’s performance obligations within the contract year, as the underlying benefits are conveyed to the licensee. The Company’s sports teams also derive revenue from the distribution of league-wide national and international television contracts and other league-wide revenue sources. The transaction price for each of these revenues is based upon the expected distribution values as communicated by the applicable league. The timing of revenue recognition is dependent on the nature of the underlying performance obligation, which is generally over time. Receipt of league-wide revenues generally occurs at the time of communication or according to a specified timeline. After suspending the 2019-20 seasons in March 2020 due to COVID-19, the NHL and NBA subsequently restarted their seasons, which were completed in September and October 2020, respectively. As a result, revenue for the year ended June 30, 2021 includes revenue for league distributions that otherwise would have been recognized during the third and fourth quarters of fiscal year 2020. MSG Sports also earns revenues from the sale of advertising in the form of sponsorships and signage, which are not related to any specific event. The Company’s performance obligations with respect to this advertising are satisfied as the related benefits are delivered over the term of the respective agreements.
Direct Operating Expenses	Direct Operating Expenses Direct operating expenses include compensation expense for the Company’s sports teams’ players and certain other team personnel, as well as NBA luxury tax, if applicable, NBA and NHL revenue sharing (net of escrow) and league assessments for the Company, event costs related to the presentation and production of the Company’s sporting events and other operating expenses, including expenses related to the Arena License Agreements which require the Company to pay arena license fees to MSG Entertainment in exchange for the right to use The Garden for games of the Knicks and the Rangers for a 35-year term. Player Costs and Other Team Personnel Transactions, NBA Luxury Tax, NBA and NHL Escrow System/Revenue Sharing, League Assessments, and Arena License Expenses Player Costs and Other Team Personnel Transactions Costs incurred to acquire player contracts, including signing bonuses, are deferred and amortized over the applicable NBA or NHL regular season on a straight-line basis over the fixed contract period of the respective player. The NBA and NHL seasons are typically from mid-October through mid-April and October through mid-April, respectively. Annual contractual player salaries are expensed over the applicable NBA, or NHL regular season typically on a straight-line basis. In certain player contracts the annual contractual salary amounts (including any applicable signing bonuses) may fluctuate such that expensing the salary for the entire fixed contract period on a straight-line basis over each regular season more appropriately reflects the economic benefit of the services provided. In instances where a player sustains what is deemed to be a season-ending or career-ending injury, a provision is recorded, when that determination can be reasonably made, for the remainder of the player’s seasonal or contractual salary and related costs, including any associated NBA luxury tax, net of any anticipated insurance recoveries. When players are traded, waived or contracts are terminated, any remaining unamortized signing bonuses and prepaid salaries are expensed to current operations. Amounts due to these individuals are generally paid over their remaining contract terms. Team personnel contract termination costs are recognized in the period in which those events occur. See Note 5 for further discussion of significant team personnel transactions. The NBA and NHL each have collective bargaining agreements (each, a “CBA”) with the respective league’s players association, to which the Company is subject. On April 26, 2023, the NBA and the National Basketball Players Association (“NBPA”) announced that a new seven-year CBA had been ratified by the NBA Board of Governors and the NBA players. The new NBA CBA expires after the 2029-30 season, but each of the NBA and the NBPA has the right to terminate the CBA effective following the 2028-29 season. The current NHL CBA is set to expire on September 15, 2026 (with the possibility of a one-year extension in certain circumstances). The NBA CBA contains a salary floor (i.e., a floor on each team’s aggregate player salaries with a requirement that the team pay any deficiency to the players on its roster) and a “soft” salary cap (i.e., a cap on each team’s aggregate player salaries but with certain exceptions that enable teams to pay more, sometimes substantially more, than the cap). The NHL CBA provides for a salary floor (i.e., a floor on each team’s aggregate player salaries) and a “hard” salary cap (i.e., teams may not exceed a stated maximum, which has been adjusted each season thereafter based upon league-wide revenues). NBA Luxury Tax Amounts in this paragraph are in thousands, except for luxury tax rates. The NBA CBA generally provides for a luxury tax that is applicable to all teams with aggregate player salaries exceeding a threshold that is set prior to each season based upon projected league-wide revenues (as defined under the CBA). The luxury tax rates for teams with aggregate player salaries above such threshold start at $1.50 for each $1.00 of team salary above the threshold up to $5,000 and scale up to $3.25 for each $1.00 of team salary that is from $15,000 to $20,000 over the threshold, and an additional tax rate increment of $0.50 applies for each additional $5,000 (or part thereof) of team salary in excess of $20,000 over the threshold. In addition, for teams that are taxpayers in at least three of four previous seasons, the above tax rates are increased by $1.00 for each increment. Fifty percent of the aggregate luxury tax payments is a funding source for the revenue sharing plan and the remaining 50% of such payments is distributed in equal shares to non-taxpaying teams. The Company recognizes the estimated amount associated with luxury tax expense or the amount it expects to receive as a non-tax paying team, if applicable, on a straight-line basis over the NBA regular season as a component of direct operating expenses. The new CBA includes certain changes to certain league rules and regulations, including revised luxury tax rates which will become effective with the 2025-26 season. NBA and NHL Escrow System/Revenue Sharing The NBA CBA also provides that players collectively receive a designated percentage of league-wide revenues (net of certain direct expenses) as compensation (approximately 49% to 51%), and the teams retain the remainder. The percentage of league-wide revenues paid as compensation and retained by the teams does not apply evenly across all teams and accordingly the Company may pay its players a higher or lower percentage of the Knicks’ revenues than other NBA teams. Throughout each season, NBA teams withhold 10% of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation exceeds the designated percentage of league-wide revenues, some or all of such escrowed amounts are distributed equally to all NBA teams. In the event that the league’s aggregate player compensation is below the designated percentage of league-wide revenues, the teams will remit the shortfall to the NBPA for distribution to the players. During the 2020-21 season, the escrow system above was eliminated and a new “Ten-and-Spread” system was put in place. Under the Ten-and-Spread system, based upon league-wide revenues, aggregate player compensation will be reduced by up to 10% of each player’s salary. If, for a particular season, compensation reductions in excess of 10% are needed, the excess will be divided by three and recouped via reductions to players’ compensation over the same season, and the subsequent two seasons. The reduction of players’ salary for any one season is capped at 20% and carried over to the subsequent season as additional compensation reductions. Each team is entitled to receive an equal one-thirtieth share of the compensation reductions up to 10% and the excess above 10% is allocated in proportion to each team’s player payroll. This system was in place until the new CBA took effect on July 1, 2023. The NBA also has a revenue sharing plan that generally requires the distribution of a pool of funds to teams with below-average net revenues (as defined in the plan), subject to reduction or elimination based on individual team market size and profitability. The plan is funded by a combination of disproportionate contributions from teams with above-average net revenues, subject to certain profit-based limits (each as defined in the plan); 50% of aggregate league-wide luxury tax proceeds; and collective league sources, if necessary. Additional amounts may also be distributed on a discretionary basis, funded by assessments on playoff ticket revenues and through collective league sources. The NHL CBA provides that each season the players receive as player compensation 50% of that season’s league-wide revenues. Because the aggregate amount to be paid to the players is based upon league-wide revenues and not on a team-by-team basis, the Company may pay its players a higher or lower percentage of the Rangers’ revenues than other NHL teams pay of their own revenues. In order to implement the escrow system, NHL teams withhold a portion of each player’s salary and contribute the withheld amounts to an escrow account. If the league’s aggregate player compensation for a season exceeds the designated percentage (50%) of that season’s league-wide revenues, the excess is retained by the league. Any such excess funds are distributed to all teams in equal shares. The NHL CBA limits the amount of deductions to be withheld from player salaries each year. If annual excess deductions from player salaries are insufficient to limit league-wide player salaries to 50% of that season’s league-wide revenues, any shortfall will be carried forward to future seasons and remain due from the players to the league. The NHL CBA provides for a revenue sharing plan which generally requires the distribution of a pool of funds approximating 6.055% of league-wide revenues to certain qualifying lower-revenue teams. Under the NHL CBA, the pool is funded as follows: (a) 50% from contributions by the top ten revenue earning teams (based on preseason and regular season revenues) in accordance with a formula; (b) then from payments by teams participating in the playoffs, with each team contributing 35% of its gate receipts for each home playoff game (although this provision was waived for the 2020-21 season); and (c) the remainder from centrally-generated NHL sources. The Rangers are consistently among the top ten revenue teams and, accordingly, have consistently contributed to the top ten revenue teams component of the plan. The Company recognizes the amount of its estimated revenue sharing expense associated with the preseason and regular season, net of the amount the Company expects to receive from the escrow, on a straight-line basis over the applicable NBA and NHL seasons as a component of direct operating expenses. In years when the Knicks or the Rangers participate in the playoffs, the Company recognizes its estimate of the playoff revenue sharing contribution in the periods when the playoffs occur. As of June 30, 2023 and 2022, the Company had net revenue sharing liabilities, recorded within League-related accruals, of $94,822 and $64,717, respectively. League Assessments As members of the NBA and NHL, the Knicks and the Rangers, respectively, are also subject to annual league assessments. The governing bodies of each league determine the amount of each season’s league assessments that are required from each member team. The NBA imposes on each team a 6% assessment on regular season ticket revenue. The Company recognizes its teams’ estimated league assessments on a straight-line basis over the applicable NBA or NHL season. Arena License Expenses
Advertising Expenses	Advertising ExpensesAdvertising costs are typically charged to expense when incurred.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with ASC Topic 740, Income Taxes . The Company’s provision for income taxes is based on current period income, changes in deferred tax assets and liabilities and changes in estimates with regard to uncertain tax positions. Deferred tax assets are subject to an ongoing assessment of realizability. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax asset will not be realized. The Company’s ability to realize its deferred tax assets depends upon the generation of sufficient future taxable income to allow for the realization of its deductible temporary differences. If such estimates and related assumptions change in the future, the Company may be required to record valuation allowances against its deferred tax assets, resulting in additional income tax expense in the Company’s consolidated statements of operations. Interest and penalties, if any, associated with uncertain tax positions are included in income tax expense.
Share-based Compensation	Share-based Compensation The Company measures the cost of employee services received in exchange for an award of equity-based instruments based on the grant date fair value of the award. Share-based compensation cost is recognized in earnings over the period during which an employee is required to provide service in exchange for the award, except for restricted stock units granted to non-employee directors which, unless otherwise provided under the applicable award agreement, are fully vested, and are expensed at the grant date. The Company accounts for forfeitures as they occur. In addition, for the Company’s stock option awards, the Company applies the fair value recognition provisions of ASC Topic 718 Compensation — Stock Compensation . ASC Topic 718 requires companies to estimate the fair value of share-based payment awards on the date of grant using an option-pricing model. The Company determines the fair value as of the grant date. For awards with graded vesting conditions, the values of the awards are determined by valuing all vesting tranches in the aggregate as one award using an average expected term. The Company determines its assumptions for option-pricing models in accordance with ASC Topic 718 and SEC Staff Accounting Bulletin (“SAB”) No. 107, Share-Based Payment based on the following: • The expected term of stock options is estimated using the simplified method. • The expected risk-free interest rate is based on the U.S. Treasury interest rate where the term is consistent with the expected term of the stock options. • The expected volatility is based on the historical volatility of the Company’s stock price. In December 2007, the SEC staff issued SAB No. 110, Certain Assumptions Used In Valuation Methods — Expected Term . SAB No. 110 allows companies to continue to use the simplified method, as defined in SAB No. 107, to estimate the expected term of stock options under certain circumstances. The simplified method for estimating expected term uses the mid-point between the vesting term and the contractual term of the stock option. The Company has analyzed the circumstances in which the use of the simplified method is allowed. The Company has opted to use the simplified method for stock options the Company granted in fiscal year 2019 because management believes that the Company does not have sufficient historical exercise data to provide a reasonable basis upon which to estimate the expected term.
Earnings (Loss) Per Common Share	Earnings (Loss) Per Common Share Basic earnings (loss) per common share (“EPS”) attributable to the Company’s common stockholders is based upon net income (loss) attributable to the Company’s common stockholders divided by the weighted-average number of common shares outstanding during the period. Diluted EPS reflects the effect of the assumed vesting of restricted stock units and exercise of stock options (see Note 15) only in the periods in which such effect would have been dilutive. For the periods when a net loss is reported, the computation of diluted EPS equals the basic EPS calculation since common stock equivalents were antidilutive due to losses from operations. Holders of Class A Common Stock and Class B Common Stock are entitled to receive dividends equally on a per-share basis if and when such dividends are declared. As the holders of Class A and Class B common stock are entitled to identical dividend and liquidation rights, the undistributed earnings are allocated on a proportionate basis to each class of common stock and the resulting basic and diluted net earnings (loss) per share attributable to common stockholders are, therefore, the same for both Class A and Class B common stock on both an individual and combined basis.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers the balance of its investment in funds that substantially hold highly liquid securities that mature within three months or less from the date the fund purchases these securities to be cash equivalents. The carrying amount of cash and cash equivalents either approximates fair value due to the short-term maturity of these instruments or is at fair value. Checks outstanding in excess of related book balances are included in accounts payable in the accompanying consolidated balance sheets. The Company presents the change in these book cash overdrafts as cash flows from operating activities.
Restricted Cash	Restricted Cash The Company’s restricted cash includes cash deposited in escrow accounts and, prior to the December 2021 credit facility amendments described below, cash required to be held under the Company’s revolving credit facilities. Cash is required to be withheld from player salaries and deposited in an escrow account which is in the name of the Company pursuant to the NHL CBA. That escrow account will be distributed to the players and NHL teams based on the provisions of the NHL CBA. See Note 13 for more information related to the Company’s revolving credit facilities. The carrying amount of restricted cash approximates fair value due to the short-term maturity of these instruments. Changes in restricted cash are reflected on the accompanying consolidated statement of cash flows in accordance with Accounting Standards Update (“ASU”) No. 2016-18, Statement of Cash Flows (Topic 230) , which is included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the Company’s consolidated statements of cash flows.
Accounts Receivable	Accounts ReceivableAccounts receivable are recorded net of the allowance for doubtful accounts. The Company maintains an allowance for doubtful accounts to reserve for expected credit losses. The allowance for doubtful accounts is estimated based on the Company’s analysis of receivables aging, historical experience, as well as current and expected economic conditions and industry trends. The Company had no allowance for doubtful accounts as of June 30, 2023 and 2022.
Long Lived and Indefinite Lived Assets	Long-Lived and Indefinite-Lived Assets The Company’s long-lived and indefinite-lived assets consist of property and equipment, right-of-use (“ROU”) assets, goodwill, indefinite-lived intangible assets and amortizable intangible assets. Property and equipment is stated at cost. Depreciation is calculated on a straight-line basis over the estimated useful lives of the assets or, with respect to leasehold improvements, amortized over the shorter of the lease term or the asset’s estimated useful life. The useful lives of the Company’s long-lived assets are based on estimates of the period over which the Company expects the assets to be of economic benefit to the Company. In estimating the useful lives, the Company considers factors such as, but not limited to, risk of obsolescence, anticipated use, plans of the Company, and applicable laws and permit requirements. Identifiable intangible assets with finite useful lives are amortized on a straight-line basis over their respective estimated useful lives. Goodwill and identifiable intangible assets that have indefinite useful lives are not amortized. Impairment of Long-Lived and Indefinite-Lived Assets In assessing the recoverability of the Company’s long-lived and indefinite-lived assets, the Company must make estimates and assumptions regarding future cash flows and other factors to determine the fair value of the respective assets. These estimates and assumptions could have a significant impact on whether an impairment charge is recognized as well as the magnitude of any such charge. Fair value estimates are made at a specific point in time, based on relevant information. These estimates are subjective in nature and involve significant uncertainties and judgments and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates. If these estimates or material related assumptions change in the future, the Company may be required to record impairment charges related to its long-lived and/or indefinite-lived assets. Goodwill is tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. If the Company can support the conclusion that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, the Company would not need to perform a quantitative impairment test for that reporting unit. If the Company cannot support such a conclusion or the Company does not elect to perform the qualitative assessment, the first step of the goodwill impairment test is used to identify potential impairment by comparing the fair value of a reporting unit with its carrying amount, including goodwill. The Company generally determines the fair value of a reporting unit using an income approach, such as the discounted cash flow method, in instances when it does not perform the qualitative assessment of goodwill. The amount of an impairment loss is measured as the amount by which a reporting unit’s carrying value exceeds its fair value determined in step one, not to exceed the carrying amount of goodwill. The second step of the goodwill impairment test compared the implied fair value of the reporting unit’s goodwill with the carrying amount of that goodwill. If the carrying amount of the reporting unit’s goodwill exceeded the implied fair value of that goodwill, an impairment loss was recognized in an amount equal to that excess. The implied fair value of goodwill was determined in the same manner as the amount of goodwill that would be recognized in a business combination. The Company performs its goodwill impairment test at the reporting unit level, which is the same as or one level below the operating segment level. The Company has one operating and reportable segment and one reporting unit for goodwill impairment testing purposes. Identifiable indefinite-lived intangible assets are tested annually for impairment as of August 31 st and at any time upon the occurrence of certain events or substantive changes in circumstances. The Company has the option to perform a qualitative assessment to determine if an impairment is more likely than not to have occurred. In the qualitative assessment, the Company must evaluate the totality of qualitative factors, including any recent fair value measurements, that impact whether an indefinite-lived intangible asset other than goodwill has a carrying amount that more likely than not exceeds its fair value. The Company must proceed to conducting a quantitative analysis if the Company (i) determines that such an impairment is more likely than not to exist, or (ii) foregoes the qualitative assessment entirely. Under the quantitative assessment, the impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, then an impairment loss is recognized in an amount equal to that excess. The Company generally determines the fair value of an indefinite-lived intangible asset using an income approach, such as the relief from royalty method, in instances when it does not perform the qualitative assessment of the intangible asset. For other long-lived assets, including right-of-use lease assets and intangible assets that are amortized, the Company evaluates assets for recoverability when there is an indication of potential impairment. If the undiscounted cash flows from a group of assets being evaluated is less than the carrying value of that group of assets, the fair value of the asset group is determined and the carrying value of the asset group is written down to fair value. The Company generally determines the fair value of a finite-lived intangible asset using an income approach, such as the discounted cash flow method.
Contingencies and Contingent Consideration	Contingencies Liabilities for loss contingencies arising from claims, assessments, litigation, fines and penalties and other sources are recorded when it is probable that a liability has been incurred and the amount of the assessment can be reasonably estimated.
Defined Benefit Pension Plans and Other Postretirement Benefit Plan	Defined Benefit Pension Plans The Company has unfunded defined benefit plans. The expense recognized by the Company is determined using certain assumptions, including discount rates, among others. The Company recognizes the benefit obligation of its defined benefit pension plans (other than multiemployer plans) as a liability in the consolidated balance sheets and recognizes changes in the benefit obligation in the year in which the changes occur through other comprehensive income (loss).
Fair Value Measurement	Fair Value Measurements The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: • Level I — Quoted prices for identical instruments in active markets. • Level II — Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable or whose significant value drivers are observable. • Level III — Instruments whose significant value drivers are unobservable.
Recent Accounting Pronouncements	Recent Accounting Pronouncements Recently Issued Accounting Pronouncements Not Yet Adopted In March 2023, the Financial Accounting Standards Board issued ASU No. 2023-01, Leases (Topic 842): Common Control Arrangements. This ASU amends certain provisions of ASC 842, Leases that apply to arrangements between related parties under common control. The new guidance is effective for the Company in the first quarter of fiscal year 2025. The Company is currently evaluating the impact this standard will have on its consolidated financial statements.
Operating Leases	The Company’s leases primarily consist of the lease of the Company’s corporate offices under the Sublease Agreement with MSG Entertainment (the “Sublease Agreement”) for the Company’s principal executive offices at Two Pennsylvania Plaza in New York, until April 2023, the lease of CLG performance center in Los Angeles, CA, and an aircraft lease entered into in June 2023. In addition, the Company accounts for the rights of use of The Garden pursuant to the Arena License Agreements as leases under the ASC Topic 842, Leases . The Company determines whether an arrangement contains a lease at the inception of the arrangement. If a lease is determined to exist, the lease term is assessed based on the date when the underlying asset is made available for the Company’s use by the lessor. The Company’s assessment of the lease term reflects the non-cancelable term of the lease, inclusive of any rent-free periods and/or periods covered by early-termination options which the Company is reasonably certain not to exercise, as well as periods covered by renewal options which the Company is reasonably certain of exercising. The Company also determines lease classification as either operating or finance at lease commencement, which governs the pattern of expense recognition and the presentation reflected in the consolidated statements of operations over the lease term. For leases with a term exceeding 12 months, a lease liability is recorded on the Company’s consolidated balance sheet at lease commencement reflecting the present value of the fixed minimum payment obligations over the lease term. A corresponding ROU asset equal to the initial lease liability is also recorded, adjusted for any prepaid rent and/or initial direct costs incurred in connection with execution of the lease and reduced by any lease incentives received. The Company includes fixed payment obligations related to non-lease components in the measurement of ROU assets and lease liabilities, as the Company has elected to account for lease and non-lease components together as a single lease component. ROU assets associated with finance leases are presented separate from operating lease ROU assets and are included within Property and equipment, net on the Company’s consolidated balance sheets. For purposes of measuring the present value of the Company’s fixed payment obligations for a given lease, the Company uses its incremental borrowing rate, determined based on information available at lease commencement, as rates implicit in the underlying leasing arrangements are typically not readily determinable. The Company’s incremental borrowing rate reflects the rate it would pay to borrow on a secured basis and incorporates the term and economic environment surrounding the associated lease.
Executive Deferred Compensation Plan	Amounts deferred and invested by employees under the Deferred Compensation Plan are placed in an irrevocable trust established by the Company and all assets of the trust are subject to the creditors of the Company in the event of insolvency. In accordance with ASC Topic 710, Compensation – General (“ASC Topic 710”), the assets of the trust are consolidated with the accounts of the Company and are recognized in the Company’s consolidated balance sheet. In accordance with ASC Topic 710, the Company remeasures the deferred compensation liability, with a charge (or credit) to compensation cost in the Company’s consolidated statements of operations, to reflect changes in the fair value of the assets owed to the participants of the Deferred Compensation Plan. The Company remeasures the fair value of the assets held in trust in accordance with ASC Topic 321, Investments – Equity Securities
Investment, Policy	Investments The Company’s equity method investments are carried at cost, plus or minus the Company’s share of net earnings or losses of the investment, subject to certain other adjustments. The cost of equity method investments includes transaction costs of the acquisition. As required by GAAP, to the extent that there is a basis difference between the cost and the underlying equity in the net assets of an equity investment, the Company allocates such differences between tangible and intangible assets. The Company’s share of net earnings or losses of the investment, inclusive of amortization expense for intangible assets associated with the investment, will be reflected in equity in earnings (loss) of nonconsolidated affiliates on the Company’s consolidated statements of operations. Dividends received from the investee reduce the carrying amount of the investment. Due to the timing of receiving financial information from its nonconsolidated affiliates, the Company records its share of net earnings or losses of such affiliates on a three-month lag basis. In addition to equity method investments, the Company has equity investments with and without readily determinable fair values. The Company measures equity investments without readily determinable fair values at cost, less any impairment, adjusted for observable price changes from orderly transactions for identical or similar investments of the same issuer. Changes in observable price are reflected within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. For equity investments with readily determinable fair values, changes in the fair value of those investments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The Company has investments in certain derivative instruments, including warrants, which are measured at fair value using the Black-Scholes option pricing model. Changes in the fair value of derivative instruments are measured at each reporting date and are recorded within Miscellaneous income (expense), net in the accompanying consolidated statements of operations. The Company recognizes the value of the equity method investments, equity investments with and without readily determinable fair values, and derivative instruments within Investments in the accompanying consolidated balance sheets. Purchases and sales of equity securities with and without readily determinable fair values, except for those equity investments held in trust under the Company’s Executive Deferred Compensation Plan as described in Note 14, are classified as investing activities in the Company’s consolidated statements of cash flows in accordance with ASC subtopic 230-10-45-12(b) and 45-13(b). The equity securities held in trust are considered trading account securities by the Company and purchases and sales of those securities are classified as operating activities in the Company’s consolidated statements of cash flows in accordance with ASC Subtopic 230-10-45-18 and 45-19.
Equity Method Investments	Equity Method InvestmentsThe Company determined that it has the ability to exert significant influence over the investee and therefore accounts for these investments under the equity method of accounting.

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
Revenue Recognition (Tables)	Jun. 30, 2023
Revenue Recognition [Abstract]
Disaggregation of Revenue	The following table disaggregates the Company’s revenues by type of goods or services in accordance with the disclosure requirements per ASC Subtopic 280-10-50-38 to 40 and the disaggregation of revenue required disclosures in accordance with ASC Subtopic 606-10-50-5 for the years ended June 30, 2023, 2022 and 2021: Years Ended June 30, 2023 2022 2021 Event-related (a) $ 362,527 $ 331,807 $ 28,511 Media rights (b) 288,965 275,637 285,059 Sponsorship, signage and suite licenses 196,483 172,813 52,931 League distributions and other 39,472 41,097 49,220 Total revenues from contracts with customers $ 887,447 $ 821,354 $ 415,721 _________________ (a) Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden. (b) Consists of (i) local media rights fees from MSG Networks, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees.
Contract with Customer	The following table provides information about contract balances from the Company’s contracts with customers as of June 30, 2023, 2022 and 2021. June 30, June 30, June 30, 2023 2022 2021 Receivables from contracts with customers, net (a) $ 20,134 $ 24,729 $ 30,834 Contract assets, current (b) 19,465 13,839 9,604 Deferred revenue, including non-current portion (c) (d) 169,717 163,491 162,628 _________________ (a) Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of June 30, 2023, 2022 and 2021 the Company’s receivables from contracts with customers above included $0 , $1,258 and $213, respectively, related to various related parties. See Note 17 for further details on these related party arrangements. Receivables from contracts with customers, net, excludes amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow and luxury tax payments. As of June 30, 2023, the Company had receivable balances related to escrow and player compensation recoveries of $1,544 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,rec o rded in Accounts receivable, net and Other assets, respectively. (b) Contract assets, which are reported as Other current assets in the Company’s consolidated balance sheets, primarily relate to the Company’s rights to consideration for goods or services transferred to the customer, for which the Company does not have an unconditional right to bill as of the reporting date. Contract assets are transferred to accounts receivable once the Company’s right to consideration becomes unconditional. (c) Deferred revenue, including non-current portion primarily relates to the Company’s receipt of consideration from customers or billing customers in advance of the Company’s transfer of goods or services to those customers. Deferred revenue is reduced and the related revenue is recognized once the underlying goods or services are transferred to the customer. The non-current portion of deferred revenue primarily consists of amounts received from the NBA in December 2020 of league distributions in advance of the Company’s recognition. The Company’s deferred revenue with MSG Networks was $0, $0 and $260 as of June 30, 2023, 2022 and 2021, respectively. (d) Revenue recognized for the year ended June 30, 2023 relating to the deferred revenue balance as of July 1, 2022 was $130,878. Revenue recognized for the year ended June 30, 2022 relating to the deferred revenue balance as of July 1, 2021 was $121,271.
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction	The following table depicts the estimated revenue expected to be recognized in the future related to performance obligations that are unsatisfied (or partially unsatisfied) as of June 30, 2023. In developing the estimated revenue, the Company applies the allowable practical expedient and does not disclose information about remaining performance obligations that have original expected durations of one year or less. Additionally, the Company has elected to exclude variable consideration from its disclosure related to the remaining performance obligations under its local media rights arrangements with MSG Networks, league-wide national and international television contracts, and certain other arrangements with variable consideration. Fiscal year ending June 30, 2024 $ 141,327 Fiscal year ending June 30, 2025 97,893 Fiscal year ending June 30, 2026 57,568 Fiscal year ending June 30, 2027 30,551 Fiscal year ending June 30, 2028 13,098 Thereafter 13,255 $ 353,692

Computation of Earnings (Loss_2

Computation of Earnings (Loss) per Common Share (Tables)	12 Months Ended
Computation of Earnings (Loss) per Common Share (Tables)	Jun. 30, 2023
Earnings Per Share [Abstract]
Schedule of Earnings (Loss) per Share	Computation of Earnings (Loss) per Common Share The following table presents a reconciliation of weighted-average shares used in the calculations of basic and diluted earnings (loss) per common share attributable to the Company’s stockholders (“EPS”) and the number of shares excluded from diluted earnings (loss) per common share, as they were anti-dilutive. Years Ended June 30, 2023 2022 2021 Net income (loss) allocable to common shares, basic and diluted (numerator): Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders $ 47,793 $ 51,131 $ (13,954) Less: Dividends to other-than-common stockholders (a) 2,042 — — Net earnings (loss) allocable to common shares, basic and diluted (numerator): $ 45,751 $ 51,131 $ (13,954) Weighted-average shares (denominator): Weighted-average shares for basic EPS 24,090 24,246 24,129 Dilutive effect of shares issuable under share-based compensation plans 104 159 — Weighted-average shares for diluted EPS 24,194 24,405 24,129 Weighted-average shares excluded from diluted earnings (loss) per share — — 315 Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp’s stockholders $ 1.90 $ 2.11 $ (0.58) Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp’s stockholders $ 1.89 $ 2.10 $ (0.58)

Cash, Cash Equivalent and Res_2

Cash, Cash Equivalent and Restricted Cash (Tables)	12 Months Ended
Cash, Cash Equivalent and Restricted Cash (Tables)	Jun. 30, 2023
Cash and Cash Equivalents [Abstract]
Restrictions on Cash and Cash Equivalents [Table Text Block]	The following table provides a summary of the amounts recorded as cash, cash equivalents and restricted cash. As of June 30, June 30, June 30, June 30, Captions on the consolidated balance sheets: Cash and cash equivalents $ 40,398 $ 91,018 $ 64,902 $ 77,852 Restricted cash (a) 61 — 7,134 12,821 Cash, cash equivalents and restricted cash on the consolidated statements of cash flows $ 40,459 $ 91,018 $ 72,036 $ 90,673 _________________ (a) See Note 2 for more information regarding the nature of restricted cash.

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Jun. 30, 2023
Leases [Abstract]
Supplemental Balance Sheet Information	The following table summarizes the ROU assets and lease liabilities recorded on the Company’s consolidated balance sheet as of June 30, 2023 and 2022: Line Item in the Company’s Consolidated Balance Sheet June 30, 2023 June 30, 2022 Right-of-use assets: Operating leases Right-of-use lease assets $ 715,283 $ 686,782 Lease liabilities: Operating leases, current (a) Operating lease liabilities, current 49,745 43,699 Operating leases, noncurrent (a) Operating lease liabilities, noncurrent 746,437 699,587 Total lease liabilities $ 796,182 $ 743,286 —————— (a) As of June 30, 2023, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,700 and $707,124, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that were payable to Sphere Entertainment.
Supplemental Income Statement Information	The following table summarizes the activity recorded within the Company’s consolidated statement of operations for the years ended June 30, 2023, 2022, and 2021: Years Ended June 30, Line Item in the Company’s Consolidated Statement of Operations 2023 2022 2021 Operating lease cost Direct operating expenses $ 68,233 $ 68,311 $ 35,801 Operating lease cost Selling, general and administrative expenses 2,452 2,450 2,444 Short-term lease cost Direct operating expenses 185 161 122 Variable lease cost (a) Direct operating expenses — — 1,209 Total lease cost $ 70,870 $ 70,922 $ 39,576 —————— (a) As a result of the unique circumstances due to COVID-19, the Company agreed to make certain variable lease payments to Sphere Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs.
Lease Maturity	Maturities of operating lease liabilities as of June 30, 2023 are as follows: Fiscal year ending June 30, 2024 $ 51,577 Fiscal year ending June 30, 2025 51,681 Fiscal year ending June 30, 2026 52,155 Fiscal year ending June 30, 2027 53,516 Fiscal year ending June 30, 2028 54,919 Thereafter 2,042,175 Total lease payments 2,306,023 Less imputed interest (1,509,841) Total lease liabilities $ 796,182

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
Property and Equipment (Tables)	Jun. 30, 2023
Property, Plant and Equipment [Abstract]
Schedule of Property, Plant and Equipment	As of June 30, 2023 and 2022, property and equipment consisted of the following assets: June 30, June 30, Estimated Useful Lives Land $ 5,153 $ 5,153 Buildings 51,465 51,444 Up to 45 years Equipment 21,587 21,042 2 years to 20 years Furniture and fixtures 631 786 4 years to 10 years Leasehold improvements 564 1,072 Shorter of term of lease or life of improvement Construction in progress 218 189 79,618 79,686 Less accumulated depreciation and amortization (49,117) (46,794) $ 30,501 $ 32,892

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
Goodwill and Intangible Assets (Tables)	Jun. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Indefinite-Lived Intangible Assets	The Company’s indefinite-lived intangible assets as of June 30, 2023 and 2022 are as follows: June 30, June 30, Sports franchises $ 102,564 $ 111,064 Photographic related rights 1,080 1,080 $ 103,644 $ 112,144
Schedule of Intangible Assets Subject to Amortization	The Company’s intangible assets subject to amortization as of June 30, 2022 were as follows: 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

Investments (Tables)

Investments (Tables)	12 Months Ended
Investments (Tables)	Jun. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Equity Method Investments	The Company’s investments in nonconsolidated affiliates which are accounted for under the equity method of accounting, equity investments with readily determinable fair values, equity investments without readily determinable fair values, and derivative instruments, which are reported within Investments in the accompanying consolidated balance sheets consisted of the following: June 30, Equity method investments: NRG $ 11,948 Equity investments with readily determinable fair values: Xtract One Technologies Inc. (“Xtract One”) common stock 22,408 Other equity investments with readily determinable fair values 14,406 Equity investments without readily determinable fair values (a) 5,514 Derivative instruments: Xtract One warrants 13,098 Total investments $ 67,374 June 30, Equity investments with readily determinable fair values: Other equity investments with readily determinable fair values $ 2,736 Equity investments without readily determinable fair values (a) 2,000 Total investments $ 4,736 _________________
Equity Securities without Readily Determinable Fair Value	The Company’s investments in nonconsolidated affiliates which are accounted for under the equity method of accounting, equity investments with readily determinable fair values, equity investments without readily determinable fair values, and derivative instruments, which are reported within Investments in the accompanying consolidated balance sheets consisted of the following: June 30, Equity method investments: NRG $ 11,948 Equity investments with readily determinable fair values: Xtract One Technologies Inc. (“Xtract One”) common stock 22,408 Other equity investments with readily determinable fair values 14,406 Equity investments without readily determinable fair values (a) 5,514 Derivative instruments: Xtract One warrants 13,098 Total investments $ 67,374 June 30, Equity investments with readily determinable fair values: Other equity investments with readily determinable fair values $ 2,736 Equity investments without readily determinable fair values (a) 2,000 Total investments $ 4,736 _________________
Debt Securities, Trading, and Equity Securities, FV-NI	The cost basis and carrying value of equity investments with readily determinable fair values are as follows: June 30, 2023 Cost Basis Carrying Value / Fair Value Xtract One common stock $ 6,783 $ 22,408 Other equity investments with readily determinable fair values 13,772 14,406 $ 20,555 $ 36,814 June 30, 2022 Cost Basis Carrying Value / Fair Value Other equity investments with readily determinable fair values $ 3,197 $ 2,736 $ 3,197 $ 2,736 The following table summarizes the realized and unrealized gains on equity investments with readily determinable fair values, recorded within Miscellaneous income (expense), net within the Company’s consolidated statement of operations, for the years ended June 30, 2023 and 2022. The Company did not have any investments in the year ended June 30, 2021, and therefore no gains or losses were recorded. Years Ended June 30, 2023 2022 Unrealized gain - Xtract One common stock $ 15,625 $ — Unrealized gain (loss) - other equity investments with readily determinable fair values 1,095 (461) Realized loss - other equity investments with readily determinable fair values (4) — $ 16,716 $ (461)

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2023
Fair Value Disclosures [Abstract]
Fair Value, Assets Measured on Recurring Basis	The following table presents the Company’s assets that are measured at fair value on a recurring basis, which include cash equivalents: Fair Value Hierarchy June 30, 2023 2022 Assets: Money market accounts I $ 17,330 $ 26,018 Time deposit I 1,457 56,082 Equity investments I 36,814 2,736 Warrants III 13,098 — Total assets measured at fair value $ 68,699 $ 84,836
Fair Value Measurement Inputs and Valuation Techniques	The following are key assumptions used to calculated the fair value of the warrants as of June 30, 2023: June 30, Expected term 2.34 years Expected volatility 74.43 % Risk-free interest rate 4.68 %
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation	The following table presents additional information about our assets for which we utilize Level III inputs to determine fair value: Year Ended June 30, 2023 Balance at beginning of period $ — Purchase of warrants 3,257 Unrealized gains on warrants 9,841 Balance at ending of period $ 13,098
Schedule of Financial Instruments	The carrying value and fair value of the Company’s financial instruments reported in the accompanying consolidated balance sheets are as follows: June 30, 2023 June 30, 2022 Carrying Fair Carrying Fair Liabilities Debt, current (a) $ 30,000 $ 30,000 $ 30,000 $ 30,000 Long-term debt (b) $ 295,000 $ 295,000 $ 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 13 for further details.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Other Commitments	As of June 30, 2023, future cash payments required under contracts entered into by the Company in the normal course of business in excess of one year are as follows: Off-Balance Sheet Commitments (a) Contractual (b) Total (c) Fiscal year ending June 30, 2024 $ 200,561 $ 104,683 $ 305,244 Fiscal year ending June 30, 2025 220,342 5,886 226,228 Fiscal year ending June 30, 2026 120,878 3,249 124,127 Fiscal year ending June 30, 2027 67,084 2,492 69,576 Fiscal year ending June 30, 2028 30,606 2,492 33,098 Thereafter 31,914 7,539 39,453 $ 671,385 $ 126,341 $ 797,726 _________________ (a) Consist principally of the Company’s obligations under employment agreements that the Company has with its sports teams’ personnel that are generally guaranteed regardless of employee injury or termination. (b) Consist primarily of amounts earned under employment agreements that the Company has with certain of its sports teams’ personnel. (c) Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 14 for further information on the Company’s pension obligations. In addition, see Note 7 for information on the contractual obligations related to future lease payments, which are reflected on the consolidated balance sheet as lease liabilities as of June 30, 2023.

Debt (Tables)

Debt (Tables)	12 Months Ended
Debt (Tables)	Jun. 30, 2023
Debt [Abstract]
Schedule of Deferred Financing Costs	The following table summarizes deferred financing costs, net of amortization, related to the Company’s credit facilities as reported on the accompanying consolidated balance sheets: June 30, June 30, Other current assets $ 1,145 $ 1,145 Other assets 2,810 3,954

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
Benefit Plans (Tables)	Jun. 30, 2023
Retirement Benefits [Abstract]
Schedule of Net Funded Status	The following table summarizes the projected benefit obligations and the amounts recorded on the Company’s consolidated balance sheets as of June 30, 2023 and 2022, associated with the Pension Plans based upon actuarial valuations as of those measurement dates. June 30, 2023 2022 Change in benefit obligation: Benefit obligation at beginning of period $ 8,314 $ 9,600 Interest cost 239 123 Actuarial gain (215) (1,078) Benefits paid (248) (248) Plan settlements paid (253) (83) Benefit obligation at end of period $ 7,837 $ 8,314
Schedule of Amounts Recognized in Balance Sheet	Amounts recognized in the consolidated balance sheets as of June 30, 2023 and 2022 consist of: June 30, 2023 2022 Current liabilities (included in accrued employee related costs) $ (3,311) $ (3,309) Non-current liabilities (included in Defined benefit obligations) (4,526) (5,005) $ (7,837) $ (8,314)
Schedule of Net Periodic Benefit Cost Not yet Recognized	Accumulated other comprehensive loss, before income tax, as of June 30, 2023 and 2022 consists of the following amounts that have not yet been recognized in net periodic benefit cost: June 30, 2023 2022 Actuarial loss $ (543) $ (807)
Schedule of Net Periodic Benefit Cost	The following table presents components of net periodic benefit cost for the Pension Plans included in the accompanying consolidated statements of operations for the years ended June 30, 2023, 2022 and 2021. Components of net periodic benefit cost are reported in Miscellaneous income (expense), net Years Ended June 30, 2023 2022 2021 Interest cost $ 239 $ 123 $ 145 Recognized actuarial loss 18 133 103 Settlement loss recognized (a) 30 9 47 Net periodic benefit cost $ 287 $ 265 $ 295 _________________ (a) For the years ended June 30, 2023, 2022 and 2021, lump-sum payments totaling $253, $83 and $328, respectively, were distributed to vested participants of the Excess Cash Balance Plan, triggering the recognition of settlement losses in accordance with ASC Topic 715. Due to these pension settlements, the Company was required to remeasure its pension plan liability as of June 30, 2023, June 30, 2022, and June 31, 2021 for the years ended June 30, 2023, 2022 and 2021, respectively. Discount rates used for the projected benefit obligation and interest cost were 4.38% and 2.97% as of June 30, 2023, respectively, 1.89% and 0.86% as of June 30, 2022, respectively, and 1.73% and 0.91% as of June 30, 2021, respectively. Additionally, settlement charges of $30, $9 and $47 were recognized in Miscellaneous income (expense), net
Schedule of Amounts Recognized in Other Comprehensive Income (Loss)	Other pre-tax changes benefit obligations recognized in other comprehensive income (loss) for the years ended June 30, 2023, 2022 and 2021 are as follows: Years Ended June 30, 2023 2022 2021 Actuarial gain (loss), net $ 215 $ 1,078 $ (38) Recognized actuarial loss 18 133 103 Settlement loss recognized 30 9 47 Total recognized in other comprehensive income (loss) $ 263 $ 1,220 $ 112
Schedule of Assumptions Used	Weighted-average assumptions used to determine benefit obligations (made at the end of the period) as of June 30, 2023 and 2022 are as follows: June 30, 2023 2022 Discount rate 5.44 % 4.60 % Interest crediting rate 3.77 % 2.76 % Weighted-average assumptions used to determine net periodic benefit cost (made at the beginning of the period) for the years ended June 30, 2023, 2022 and 2021 are as follows: Years Ended June 30, 2023 2022 2021 Discount rate - projected benefit obligation 4.60 % 2.35 % 2.35 % Discount rate - interest cost 4.27 % 1.84 % 1.84 %
Schedule of Expected Benefit Payments	The following table presents estimated future fiscal year benefit payments: Fiscal year ending June 30, 2024 $ 3,409 Fiscal year ending June 30, 2025 588 Fiscal year ending June 30, 2026 561 Fiscal year ending June 30, 2027 445 Fiscal year ending June 30, 2028 426 Fiscal years ending June 30, 2029 – 2033 1,881
Schedule of Multiemployer Plans	The following table outlines the Company’s participation in multiemployer defined benefit pension plans for the years ended June 30, 2023, 2022 and 2021, and summarizes the contributions that the Company has made during each period. The “EIN” and “Pension Plan Number” columns provide the Employer Identification Number and the three-digit plan number for each applicable plan. The most recent Pension Protection Act zone status available as of June 30, 2023 and 2022 relates to the plan’s two most recent years ended which are indicated. Among other factors, plans in the red zone are generally less than 65% funded, plans in the orange zone are both less than 80% funded and have an accumulated funding deficiency or are expected to have a deficiency in any of the next six plan years, plans in the yellow zone are less than 80% funded, and plans in the green zone are at least 80% funded. The “FIP/RP Status Pending/Implemented” column indicates whether a funding improvement plan (“FIP”) for yellow/orange zone plans or a rehabilitation plan (“RP”) for red zone plans is either pending or has been implemented by the trustees of such plan. The zone status and any FIP or RP information is based on information that the Company received from the plan, and the zone status is as certified by the plan’s actuary. The last column lists the expiration date(s) or a range of expiration dates of the CBA to which the plans are subject. There are no other significant changes that affect such comparability. PPA Zone Status FIP/RP Status Pending / Implemented MSG Sports As of June 30, Years Ended June 30, Plan Name EIN Pension Plan Number 2023 2022 2023 2022 2021 Surcharge Imposed Expiration Date of CBA National Basketball Association Players’ Pension Plan 832172122 001 Yellow Yellow Implemented $ 4,113 $ — $ 3,526 No 6/1/2030 (with certain termination rights becoming effective 6/2029) as of as of 2/1/2022 2/1/2021 National Hockey League Players’ Retirement Benefit Plan 462555356 001 Green Green No 1,413 1,276 1,153 No 9/15/26 as of as of 4/30/2022 4/30/2021 All Other Multiemployer Defined Benefit Pension Plans 453 373 371 $ 5,979 $ 1,649 $ 5,050
Deferred Compensation Plan	Amounts recognized in the consolidated balance sheets as of June 30, 2023 and 2022 related to the Deferred Compensation Plan consist of: June 30, June 30, 2023 2022 Non-current assets (included in investments) $ 14,406 $ 2,736 Current liabilities (included in accrued employee related costs) (1,358) (123) Non-current liabilities (included in other employee related costs) (13,048) (2,613)

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
Share-Based Compensation (Tables)	Jun. 30, 2023
Share-Based Payment Arrangement [Abstract]
RSU and PSU Activity	The following table summarizes activity related to the Company’s RSUs and PSUs, held by the Company Sphere Entertainment, and MSG Entertainment employees, for the year ended June 30, 2023: Number of Weighted-Average Fair Value Per Share At Date of Grant (a) RSUs PSUs Unvested award balance as of June 30, 2022 199 189 $ 198.21 Granted 97 60 $ 165.33 Vested (170) (87) $ 213.06 Forfeited (2) (2) $ 160.31 Unvested award balance as of June 30, 2023 124 160 $ 167.08 _________________ (a) Weighted-average fair value per share at date of grant does not reflect any adjustment associated with the Sphere Distribution. See above for a discussion of the treatment of RSUs and PSUs in connection with the Sphere Distribution.
Stock Option Activity	The following table summarizes activity related to the Company’s stock options for the year ended June 30, 2023: Number of Weighted-Average Exercise Price Per Share (a) Weighted-Average Remaining Contractual Term (In Years) Aggregate Intrinsic Value Time Vesting Options Balance as of June 30, 2022 94 $ 145.78 5.46 $ 490 Granted — $ — Cancelled — $ — Balance as of June 30, 2023 94 $ 138.78 4.46 $ 4,623 Exercisable as of June 30, 2023 94 $ 138.78 4.46 $ 4,623 _________________ (a) Weighted-average exercise price per share does not reflect any adjustment associated with the Sphere Distribution. See above for a discussion of the treatment of options in connection with the Sphere Distribution.

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
Related Party Transactions (Tables)	Jun. 30, 2023
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying consolidated statements of operations for the years ended June 30, 2023, 2022 and 2021: Years Ended June 30, 2023 2022 2021 Revenues (a) $ 190,000 $ 178,696 $ 147,029 Operating expenses (credits): Expense pursuant to Services agreement with MSG Entertainment 36,458 38,102 36,730 Rent expense pursuant to Sublease agreement with MSG Entertainment 2,918 2,978 2,636 Costs associated with the Sponsorship sales and service representation agreements 19,329 22,316 16,016 Operating lease expense associated with the Arena License Agreements 67,619 67,620 36,629 Other costs associated with the Arena License Agreements 36,240 33,894 10,345 Other operating expenses (credits), net 84 1,288 (302)

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	Income tax expense (benefit) attributable to operations is comprised of the following components: Years Ended June 30, 2023 2022 2021 Current expense (benefit): Federal $ 23,161 $ — $ — State and other 6,110 572 243 29,271 572 243 Deferred expense (benefit): Federal (643) 18,664 (21,096) State and other 15,665 5,816 (52,568) 15,022 24,480 (73,664) Income tax expense (benefit) $ 44,293 $ 25,052 $ (73,421)
Schedule of Effective Income Tax Rate Reconciliation	The income tax expense (benefit) attributable to operations differs from the amount derived by applying the statutory federal rate to pre-tax income principally due to the effect of the following items: Years Ended June 30, 2023 2022 2021 Federal tax expense (benefit) at statutory federal rate $ 18,883 $ 15,525 $ (18,757) State income taxes, net of federal benefit 15,066 8,763 (7,331) Change in the estimated applicable tax rate used to determine deferred taxes 1,788 (3,191) (896) Capital loss carryover (2,728) — — GAAP income of consolidated partnership attributable to non-controlling interests 455 473 408 Return to provision 366 (2,476) — Change in valuation allowance 2,728 — (52,108) Nondeductible officers’ compensation 5,238 5,156 4,081 Nondeductible disability insurance premiums expense 1,227 964 392 Other nondeductible expenses 558 379 862 Excess tax benefit related to shared based-payments awards 636 (678) (72) Other 76 137 — Income tax expense (benefit) $ 44,293 $ 25,052 $ (73,421)
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences which give rise to significant portions of the deferred tax assets and liabilities at June 30, 2023 and 2022 are as follows: June 30, 2023 2022 Deferred tax asset: Net operating loss carryforwards $ — $ 21,171 Capital loss and tax credit carryforwards 2,728 6,547 Accrued employee benefits 20,760 21,687 Accrued expenses 27,186 7,525 Restricted stock units and stock options 4,717 6,348 Arena deferred rent adjustment 26,268 17,044 Deferred revenue accelerated for tax purposes 9,506 10,920 Other 462 7,240 Total deferred tax assets $ 91,627 $ 98,482 Less valuation allowance (2,728) — Net deferred tax assets $ 88,899 $ 98,482 Deferred tax liabilities: Intangible and other assets $ (102,570) $ (97,653) Prepaid expenses (10,353) (9,746) Total deferred tax liabilities $ (112,923) $ (107,399) Net deferred tax liability $ (24,024) $ (8,917)

Concentrations of Risk (Tables)

Concentrations of Risk (Tables)	12 Months Ended
Concentrations of Risk (Tables)	Jun. 30, 2023
Risks and Uncertainties [Abstract]
Schedule of Concentration Risk	The following individual non-related parties accounted for the following percentages of the Company’s consolidated receivable balances recorded in Accounts receivable, net and Other assets in the accompanying consolidated balance sheets: June 30, 2023 2022 Entity A 17 % 35 % Entity B 52 % 35 % The following individual non-related parties accounted for the following percentages of the Company’s consolidated revenue balances: Years Ended June 30, 2023 2022 2021 Entity B 13 % 14 % 32 % Entity A 3 % 3 % 12 %

Description of Business and B_2

Description of Business and Basis of Presentation (Details)	12 Months Ended
Description of Business and Basis of Presentation (Details)	Jun. 30, 2023 segment team	Apr. 20, 2023
Description of Business And Basis of Presentation [Abstract]
Number of development league teams \| team	2
Number of reportable segments \| segment	1
Sphere Entertainment Distribution of Shares %	67%	67%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Direct Operating Expenses-League) (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Other accrued liabilities
League Related [Line Items]
Net Revenue Sharing	$ 94,822	$ 64,717

Summary of Significant Accoun_4

Summary of Significant Accounting Policies (Advertising Costs, Policy) (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Accounting Policies [Abstract]
Advertising expense	$ 7,279	$ 4,840	$ 2,291

Summary of Significant Accoun_5

Summary of Significant Accounting Policies (Accounts Receivable) (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Accounting Policies [Abstract]
Allowance for doubtful accounts	$ 0	$ 0

Summary of Significant Accoun_6

Summary of Significant Accounting Policies (Long-Lived and Indefinite-Lived Assets) (Narrative) (Details)	12 Months Ended
	Jun. 30, 2023 segment reporting_unit
Accounting Policies [Abstract]
Number of operating segments	1
Number of reportable segments	1
Number of reporting units \| reporting_unit	1

Revenue Recognition (Narrative)

Revenue Recognition (Narrative) (Details)	Jun. 30, 2023
Knicks and Rangers \| Event-Related, Food And Beverage
Disaggregation of Revenue [Line Items]
Percentage of net profits receivable	50%
MSG Entertainment \| Knicks \| Event-Related, Suite And Club Rental Revenue
Disaggregation of Revenue [Line Items]
Percentage of revenues receivable	35%
MSG Entertainment \| Rangers \| Event-Related, Suite And Club Rental Revenue
Disaggregation of Revenue [Line Items]
Percentage of revenues receivable	32.50%

Revenue Recognition (Disaggrega

Revenue Recognition (Disaggregation of Revenue) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Disaggregation of Revenue [Line Items]
Revenues	[1]	$ 887,447	$ 821,354	$ 415,721
Event-related
Disaggregation of Revenue [Line Items]
Revenues	[2]	362,527	331,807	28,511
Media rights
Disaggregation of Revenue [Line Items]
Revenues	[3]	288,965	275,637	285,059
Sponsorship, signage and suite licenses
Disaggregation of Revenue [Line Items]
Revenues		196,483	172,813	52,931
League distributions and other
Disaggregation of Revenue [Line Items]
Revenues		$ 39,472	$ 41,097	$ 49,220

[1]Include revenues from related parties of $190,000, $178,696 and $147,029 for the years ended June 30, 2023, 2022 and 2021, respectively.[2]Consists of (i) ticket sales and other ticket-related revenues, and (ii) food, beverage and merchandise sales at The Garden.[3]Consists of (i) local media rights fees from MSG Networks, (ii) revenue from the distribution through league-wide national and international television contracts, and (iii) other local radio rights fees.

Revenue Recognition (Contract B

Revenue Recognition (Contract Balances) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Contract Balances [Line Items]
Contract with customer, deferred revenue, revenue recognized		$ 130,878	$ 121,271
Receivables from contracts with customer, net
Contract Balances [Line Items]
Contract with customer, asset	[1]	20,134	24,729	$ 30,834
Other current assets
Contract Balances [Line Items]
Contract with customer, asset	[2]	19,465	13,839	9,604
Deferred revenue, including non-current portion
Contract Balances [Line Items]
Contract with customer, liability	[3],[4]	169,717	163,491	162,628
Net related party receivables
Contract Balances [Line Items]
Contract with customer, asset		0	1,258	213
Deferred Revenue [Member] \| MSG Networks
Contract Balances [Line Items]
Contract with customer, liability		0	0	$ 260
Accounts receivable, net
Contract Balances [Line Items]
Escrow and Player Compensation Recoveries		$ 1,544	12,464
Other assets
Contract Balances [Line Items]
Player Compensation Recoveries			$ 6,782

[1] Receivables from contracts with customers, which are reported in Accounts receivable, net and Net related party receivables in the Company’s consolidated balance sheets, represent the Company’s unconditional rights to consideration under its contracts with customers. As of June 30, 2023, 2022 and 2021 the Company’s receivables from contracts with customers above included $0 , $1,258 and $213, respectively, related to various related parties. See Note 17 for further details on these related party arrangements. Receivables from contracts with customers, net, excludes amounts recorded in Accounts receivable, net, associated with amounts due from the NBA and NHL related to escrow and luxury tax payments. As of June 30, 2023, the Company had receivable balances related to escrow and player compensation recoveries of $1,544 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,rec o rded in Accounts receivable, net and Other assets, respectively.

Revenue Recognition (Remaining

Revenue Recognition (Remaining Performance Obligation) (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 353,692
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	$ 141,327
Remaining performance obligation period (years)	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	$ 97,893
Remaining performance obligation period (years)	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	$ 57,568
Remaining performance obligation period (years)	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	$ 30,551
Remaining performance obligation period (years)	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	$ 13,098
Remaining performance obligation period (years)	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation	$ 13,255
Remaining performance obligation period (years)

Computation of Earnings (Loss_3

Computation of Earnings (Loss) per Common Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Earnings Per Share [Abstract]
Net income (loss) attributable to Madison Square Garden Sports Corp.’s stockholders	$ 47,793	$ 51,131	$ (13,954)
Less: Dividends to other-than-common stockholders (a)	2,042	0	0
Net earnings (loss) allocable to common shares, basic and diluted (numerator):	$ 45,751	$ 51,131	$ (13,954)
Weighted-average shares for basic EPS	24,090	24,246	24,129
Dilutive effect of shares issuable under share-based compensation plans	104	159	0
Weighted-average shares for diluted EPS	24,194	24,405	24,129
Weighted-average shares excluded from diluted earnings (loss) per share	0	0	315
Basic earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders (USD per share)	$ 1.90	$ 2.11	$ (0.58)
Diluted earnings (loss) per common share attributable to Madison Square Garden Sports Corp.’s stockholders (USD per share)	$ 1.89	$ 2.10	$ (0.58)

Team Personnel Transactions (De

Team Personnel Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Team Personnel Transactions [Abstract]
Provisions for team personnel transactions	$ 4,412	$ 737	$ 44,242

Cash, Cash Equivalent and Res_3

Cash, Cash Equivalent and Restricted Cash (Details) - USD ($) $ in Thousands		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021	Jun. 30, 2020
Cash and Cash Equivalents [Abstract]
Cash and cash equivalents		$ 40,398	$ 91,018	$ 64,902	$ 77,852
Restricted cash	[1]	61	0	7,134	12,821
Cash, cash equivalents and restricted cash on the consolidated statements of cash flows		$ 40,459	$ 91,018	$ 72,036	$ 90,673

[1]See Note 2 for more information regarding the nature of restricted cash.

Leases (Details)

Leases (Details) ticket in Thousands, $ in Thousands	12 Months Ended
Leases (Details) ticket in Thousands, $ in Thousands	Jun. 30, 2023 USD ($) ticket	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Lessee, Lease, Description [Line Items]
Non-cash additions to ROU and lease liabilities	$ 45,357	$ 1,244
Description of option to extend	In certain instances, leases include options to renew, with varying option terms. The exercise of lease renewal, if available under the lease options, is generally at the Company’s discretion and is considered in the Company’s assessment of the respective lease term.
Description of guarantees or covenants	The Company’s lease agreements do not contain material residual value guarantees or material restrictive covenants.
Operating lease payments	$ 44,986	$ 43,846
Weighted average remaining lease term (years)	30 years 6 months	32 years 8 months 12 days
Weighted average discount rate (percent)	7.10%	7.13%
Assumption and judgments, discount rate, description	the Company’s estimated incremental borrowing rate, assuming a secured borrowing, based on the remaining lease term at the time of either (i) adoption of the standard or (ii) the period in which the lease term expectation commenced or was modified
Knicks
Lessee, Lease, Description [Line Items]
Operating Lease, Lease Income, Lease Payments			$ 22,500
Rangers
Lessee, Lease, Description [Line Items]
Operating Lease, Lease Income, Lease Payments			$ 16,700
Arena Leases
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Variable Lease Payment, Terms and Conditions	As a result of the unique circumstances due to COVID-19 during the prior season, the Company agreed to make certain variable lease payments associated with the Knicks playoff games during the 2021 NBA playoffs. Costs associated with such payments were considered variable lease costs for the year ended June 30, 2021. Effective July 1, 2021, the Company began paying license fees under the Arena License Agreements in their full contractual amounts.
Arena Leases \| MSG Entertainment
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Description		In addition, we are party to long term leases with MSG Entertainment through June 30, 2055 that allow the Knicks and the Rangers to play their home games at The Garden. The Arena License Agreements provide for fixed payments to be made from inception through June 30, 2055 in 12 equal installments during each year of the contractual term. The contracted license fee for the first full contract year ended June 30, 2021 was approximately $22,500 for the Knicks and approximately $16,700 for the Rangers, and then for each subsequent year, the license fees are 103% of the license fees for the immediately preceding contract year.
Minimum
Lessee, Lease, Description [Line Items]
Ticket sales \| ticket	15,000
Lessee, Operating Lease, Remaining Lease Term	4 months
Maximum
Lessee, Lease, Description [Line Items]
Ticket sales \| ticket	16,500
Lessee, Operating Lease, Remaining Lease Term	32 years

Leases (Balance Sheet Informati

Leases (Balance Sheet Information) (Details) - USD ($) $ in Thousands		Jun. 30, 2023	Jun. 30, 2022
Lessee, Lease, Description [Line Items]
Right-of-use lease assets		$ 715,283	$ 686,782
Operating lease liabilities, current	[1]	49,745	43,699
Operating lease liabilities, noncurrent	[1]	746,437	699,587
Total lease liabilities		796,182	743,286
MSG Entertainment
Lessee, Lease, Description [Line Items]
Operating lease liabilities, current		43,700	43,028
Operating lease liabilities, noncurrent		$ 707,124	$ 699,587

[1]As of June 30, 2023, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,700 and $707,124, respectively, that are payable to MSG Entertainment. As of June 30, 2022, Operating lease liabilities, current and Operating leases liabilities, noncurrent included balances of $43,028 and $699,587, respectively, that were payable to Sphere Entertainment.

Leases (Income Statement Inform

Leases (Income Statement Information) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023		Jun. 30, 2022		Jun. 30, 2021
Lessee, Lease, Description [Line Items]
Lease, Cost	$ 70,870		$ 70,922		$ 39,576
Direct operating expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	68,233		68,311		35,801
Short-term lease cost	185		161		122
Variable Lease, Cost	0	[1]	0	[1]	1,209
Selling, general and administrative expenses
Lessee, Lease, Description [Line Items]
Operating lease cost	$ 2,452		$ 2,450		$ 2,444

[1]As a result of the unique circumstances due to COVID-19, the Company agreed to make certain variable lease payments to Sphere Entertainment associated with the Knicks playoff games during the 2021 NBA playoffs.

Leases (Lease Maturities) (Deta

Leases (Lease Maturities) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Leases [Abstract]
Fiscal year ending June 30, 2024	$ 51,577
Fiscal year ending June 30, 2025	51,681
Fiscal year ending June 30, 2026	52,155
Fiscal year ending June 30, 2027	53,516
Fiscal year ending June 30, 2028	54,919
Thereafter	2,042,175
Total lease payments	2,306,023
Less imputed interest	(1,509,841)
Total lease liabilities	$ 796,182	$ 743,286
Weighted average remaining lease term (years)	30 years 6 months	32 years 8 months 12 days

Property and Equipment (Schedul

Property and Equipment (Schedule of Property, Plant and Equipment) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 79,618	$ 79,686
Less accumulated depreciation and amortization	(49,117)	(46,794)
Property and equipment, net	30,501	32,892
Land
Property, Plant and Equipment [Line Items]
Property and equipment, gross	5,153	5,153
Buildings
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 51,465	51,444
Buildings \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	45 years
Equipment
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 21,587	21,042
Equipment \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	2 years
Equipment \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	20 years
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 631	786
Furniture and fixtures \| Minimum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	4 years
Furniture and fixtures \| Maximum
Property, Plant and Equipment [Line Items]
Estimated useful lives (years)	10 years
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 564	1,072
Estimated useful life	Shorter of term of lease or life of improvement
Construction in progress
Property, Plant and Equipment [Line Items]
Property and equipment, gross	$ 218	$ 189

Property and Equipment (Narrati

Property and Equipment (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Property, Plant and Equipment [Abstract]
Depreciation and amortization expense	$ 3,410	$ 3,982	$ 4,515

Goodwill and Intangible Asset_2

Goodwill and Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Impairment of goodwill	$ 0
Goodwill		$ 226,523	$ 226,955
Impairment of indefinite-lived intangible assets	$ 0
Amortization of finite-lived intangible assets		$ 167	$ 1,059	$ 1,059

Goodwill and Intangible Asset_3

Goodwill and Intangible Assets (Schedule of Indefinite-Lived Intangible Assets) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	$ 103,644	$ 112,144
Sports franchises
Indefinite-lived Intangible Assets by Major Class [Line Items]
Indefinite-lived intangible assets	102,564	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	Jun. 30, 2023	Jun. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Gross		$ 5,900
Accumulated Amortization		(5,264)
Net	$ 0	636
Trade names
Finite-Lived Intangible Assets [Line Items]
Gross		2,300
Accumulated Amortization		(2,262)
Net		38
Non-compete agreements
Finite-Lived Intangible Assets [Line Items]
Gross		2,400
Accumulated Amortization		(2,360)
Net		40
Other intangibles
Finite-Lived Intangible Assets [Line Items]
Gross		1,200
Accumulated Amortization		(642)
Net		$ 558

Investments - Schedule of Equit

Investments - Schedule of Equity Method Investments (Details) - USD ($) $ in Thousands		Jun. 30, 2023	Jun. 30, 2022
Schedule of Equity Method Investments [Line Items]
Equity investments without readily determinable fair values	[1]	$ 5,514	$ 2,000
Xtract One warrants		13,098
Investments		67,374	4,736
NRG
Schedule of Equity Method Investments [Line Items]
Equity method investments:		11,948
Xtract One
Schedule of Equity Method Investments [Line Items]
Equity investments with readily determinable fair values		22,408
Other Equity Investments
Schedule of Equity Method Investments [Line Items]
Equity method investments:			$ 2,736
Equity investments with readily determinable fair values		$ 14,406

[1]For the years ended June 30, 2023 and 2022, the Company did not have any impairment charges or changes in carrying value recorded to its equity securities without readily determinable fair values.

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
Investments - Narrative (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Apr. 30, 2023
NRG
Schedule of Equity Method Investments [Line Items]
Ownership percentage	25%	25%
CLG \| Disposal Group, Disposed of by Means Other than Sale, Not Discontinued Operations
Schedule of Equity Method Investments [Line Items]
Disposal group, not discontinued operation, loss on disposal	$ 1,031
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]	Miscellaneous income (expense), net

Investments - Cost Basis and Ca

Investments - Cost Basis and Carrying Value of Equity Investments with Readily Determinable Fair Values (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Schedule of Equity Method Investments [Line Items]
Cost Basis	$ 20,555	$ 3,197
Carrying Value / Fair Value	36,814	2,736
Total assets measured at fair value	68,699	84,836
Equity Securities \| Fair Value, Inputs, Level 1
Schedule of Equity Method Investments [Line Items]
Total assets measured at fair value	36,814	2,736
Xtract One
Schedule of Equity Method Investments [Line Items]
Cost Basis	6,783
Carrying Value / Fair Value	22,408
Other Equity Investments
Schedule of Equity Method Investments [Line Items]
Cost Basis	13,772	3,197
Carrying Value / Fair Value	$ 14,406	$ 2,736

Investments - Realized and Unre

Investments - Realized and Unrealized Gains on Equity Investments with Readily Determinable Fair Values (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Schedule of Equity Method Investments [Line Items]
Gain (loss)	$ 16,716	$ (461)
Xtract One
Schedule of Equity Method Investments [Line Items]
Unrealized gain (loss)	15,625	0
Other Equity Investments
Schedule of Equity Method Investments [Line Items]
Unrealized gain (loss)	1,095	(461)
Realized gain (loss)	(4)	0
Gain (loss)	$ 1,091	$ (461)

Fair Value Measurements (Assets

Fair Value Measurements (Assets and Liabilities Measured on Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 68,699	$ 84,836
Fair Value, Inputs, Level 1 \| Money market accounts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	17,330	26,018
Fair Value, Inputs, Level 1 \| Time deposit
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	1,457	56,082
Fair Value, Inputs, Level 1 \| Equity Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	36,814	2,736
Fair Value, Inputs, Level 3 \| Warrant
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 13,098	$ 0

Fair Value Measurements (Valuat

Fair Value Measurements (Valuation Inputs) (Details) - Fair Value, Inputs, Level 3	Jun. 30, 2023
Measurement Input, Expected Term
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	2.34
Measurement Input, Price Volatility
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0.7443
Measurement Input, Risk Free Interest Rate
Fair Value Measurement Inputs and Valuation Techniques [Line Items]
Warrants and Rights Outstanding, Measurement Input	0.0468

Fair Value Measurements (Additi

Fair Value Measurements (Additional Information About Level 3 Inputs) (Details) - Warrant - Fair Value, Inputs, Level 3 - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Balance at beginning of period	$ 13,098	$ 0
Purchase of warrants	3,257
Unrealized gains on warrants	9,841
Balance at ending of period	$ 13,098

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of Fair Value, Financial Instruments) (Details) - USD ($) $ in Thousands		Jun. 30, 2023	Jun. 30, 2022
Reported Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term Debt, Fair Value	[1]	$ 30,000	$ 30,000
Long-term Debt, Fair Value	[2]	295,000	220,000
Estimate of Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Short-term Debt, Fair Value	[1]	30,000	30,000
Long-term Debt, Fair Value	[2]	$ 295,000	$ 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 13 for further details.[2]The Company’s long-term debt is classified within Level II of the fair value hierarchy as it is valued using quoted indices of similar securities for which the inputs are readily observable. The fair value of the Company’s long-term debt is the same as its carrying amount as the facilities bear interest at a variable rate indexed to current market conditions. See Note 13 for more information.

Commitments and Contingencies_2

Commitments and Contingencies (Contractual Obligations And Off Balance Sheet Arrangements) (Details) $ in Thousands	Jun. 30, 2023 USD ($)
Other Commitments [Line Items]
Fiscal year ending June 30, 2024	$ 305,244	[1]
Fiscal year ending June 30, 2025	226,228	[1]
Fiscal year ending June 30, 2026	124,127	[1]
Fiscal year ending June 30, 2027	69,576	[1]
Fiscal year ending June 30, 2028	33,098	[1]
Thereafter	39,453	[1]
Total other commitments	797,726	[1]
Off-Balance Sheet Commitments
Other Commitments [Line Items]
Fiscal year ending June 30, 2024	200,561	[2]
Fiscal year ending June 30, 2025	220,342	[2]
Fiscal year ending June 30, 2026	120,878	[2]
Fiscal year ending June 30, 2027	67,084	[2]
Fiscal year ending June 30, 2028	30,606	[2]
Thereafter	31,914	[2]
Total other commitments	671,385	[2]
Contractual Obligations reflected on the Balance Sheet
Other Commitments [Line Items]
Fiscal year ending June 30, 2024	104,683	[3]
Fiscal year ending June 30, 2025	5,886	[3]
Fiscal year ending June 30, 2026	3,249	[3]
Fiscal year ending June 30, 2027	2,492	[3]
Fiscal year ending June 30, 2028	2,492	[3]
Thereafter	7,539	[3]
Total other commitments	$ 126,341	[3]

[1]Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain. See Note 14 for further information on the Company’s pension obligations. In addition, see Note 7 for information on the contractual obligations related to future lease payments, which are reflected on the consolidated balance sheet as lease liabilities as of June 30, 2023.[2]Consist principally of the Company’s obligations under employment agreements that the Company has with its sports teams’ personnel that are generally guaranteed regardless of employee injury or termination.[3]Consist primarily of amounts earned under employment agreements that the Company has with certain of its sports teams’ personnel.

Debt (Knicks and Rangers Credit

Debt (Knicks and Rangers Credit Facilities Narrative) (Details)					12 Months Ended
	Jul. 10, 2023 USD ($)	Nov. 06, 2020 USD ($)	Jan. 25, 2017 USD ($)	Sep. 30, 2016 USD ($)	Jun. 30, 2023 USD ($) fiscal_quarter	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Line of Credit Facility [Line Items]
Short-term debt					$ 30,000,000	$ 30,000,000
Repayments of Lines of Credit					140,000,000	$ 135,000,000	$ 25,000,000
2021 Rangers Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, amount outstanding					60,000,000
Proceeds from (Repayments of) Debt					160,000,000
2021 Knicks Revolving Credit Facility
Line of Credit Facility [Line Items]
Line of credit facility, amount outstanding					235,000,000
Proceeds from (Repayments of) Debt					55,000,000
Debt Instrument, Annual Principal Payment					$ 40,000,000
2021 Knicks Revolving Credit Facility \| Subsequent Event
Line of Credit Facility [Line Items]
Proceeds from (Repayments of) Debt	$ 25,000,000
Knicks \| 2016 Knicks Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity				$ 200,000,000
Debt instrument term				5 years
Knicks \| 2020 Knicks Holdings Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 75,000,000
Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 275,000,000
Covenant compliance					Knicks LLC was in compliance with this financial covenant
Long-term debt, percentage bearing variable interest, percentage rate					6.43%
Interest paid					$ 13,085,000
Collateral					All obligations under the 2021 Knicks Revolving Credit Facility are secured by a first lien security interest in certain of Knicks LLC’s assets, including, but not limited to, (i) the Knicks LLC’s membership rights in the NBA, (ii) revenues to be paid to 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.
Subjective acceleration clause					Knicks LLC is required to make mandatory prepayments in certain circumstances, including without limitation if the maximum available amount under the 2021 Knicks Revolving Credit Facility is greater than 350% of qualified revenues.
Mandatory prepayment clause - qualified revenues reference threshold (percent)					350%
Restrictive covenants					The 2021 Knicks Revolving Credit Facility contains certain restrictions on the ability of Knicks LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Knicks Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Knicks Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any Knicks LLC’s collateral.
Debt service ratio					1.5
Number of trailing quarters used to judge debt service ratio \| fiscal_quarter					4
Credit facility expiration date		Dec. 14, 2026
Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged \| Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage					0.30%
Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged \| Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage					0.25%
Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity		$ 250,000,000
Long-term debt, percentage bearing variable interest, percentage rate					6.95%
Interest paid					$ 4,911,000
Collateral					All obligations under the 2021 Rangers Revolving Credit Facility are, subject to the 2021 Rangers NHL Advance Agreement (as defined below), secured by a first lien security interest in certain of Rangers LLC’s assets, including, but not limited to, (i) Rangers LLC’s membership rights in the NHL, (ii) revenues to be paid to Rangers LLC by the NHL pursuant to certain U.S. and Canadian national broadcast agreements, and (iii) revenues to be paid to Rangers LLC pursuant to local media contracts.
Subjective acceleration clause					Rangers LLC is required to make mandatory prepayments in certain circumstances, including without limitation if qualified revenues are less than 17% of the maximum available amount under the 2021 Rangers Revolving Credit Facility.
Mandatory prepayment clause - maximum available under credit facility threshold (percent)					1,700%
Restrictive covenants					The 2021 Rangers Revolving Credit Facility contains certain restrictions on the ability of Rangers LLC to take certain actions as provided in (and subject to various exceptions and baskets set forth in) the 2021 Rangers Revolving Credit Facility, including the following: (i) incurring additional indebtedness and contingent liabilities; (ii) creating liens on certain assets; (iii) making restricted payments during the continuance of an event of default under the 2021 Rangers Revolving Credit Facility; (iv) engaging in sale and leaseback transactions; (v) merging or consolidating; and (vi) taking certain actions that would invalidate the secured lenders’ liens on any of Rangers LLC’s assets securing the obligations under the 2021 Rangers Revolving Credit Facility.
Repayments of Lines of Credit					$ 100,000,000
Debt service ratio					1.5
Number of trailing quarters used to judge debt service ratio \| fiscal_quarter					4
Credit facility expiration date		Dec. 14, 2026
Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged \| Maximum
Line of Credit Facility [Line Items]
Commitment fee percentage					0.625%
Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged \| Minimum
Line of Credit Facility [Line Items]
Commitment fee percentage					0.375%
Rangers \| 2017 Rangers Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Maximum borrowing capacity			$ 150,000,000
Debt instrument term			5 years
Base Rate \| Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					0.50%
Base Rate \| Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					0.25%
Base Rate \| Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					1%
Base Rate \| Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					0.50%
SOFR \| Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					0.10%
SOFR \| Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					1.50%
SOFR \| Knicks \| 2021 Knicks Revolving Credit Facility \| Collateral Pledged \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					1.25%
SOFR \| Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					0.10%
SOFR \| Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged \| Maximum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					2%
SOFR \| Rangers \| 2021 Rangers Revolving Credit Facility \| Collateral Pledged \| Minimum
Line of Credit Facility [Line Items]
Basis spread on variable rate (percent)					1.50%

Debt (Rangers Advance Narrative

Debt (Rangers Advance Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Mar. 19, 2021
Short-term Debt [Line Items]
Short-term Debt, terms	Advances received under the 2021 Rangers NHL Advance Agreement are payable upon demand by the NHL.
Short-term debt	$ 30,000	$ 30,000
Collateral Pledged \| 2021 Rangers NHL Advance \| Rangers
Short-term Debt [Line Items]
Short-term debt, maximum capacity			$ 30,000
Short-term debt, percentage bearing fixed interest rate	3%
Short-term debt	$ 30,000
Interest paid	$ 675

Debt (Deferred Financing Costs

Debt (Deferred Financing Costs For Revolving Credit Facilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Other current assets
Line of Credit Facility [Line Items]
Debt issuance costs, net	$ 1,145	$ 1,145
Other assets
Line of Credit Facility [Line Items]
Debt issuance costs, net	$ 2,810	$ 3,954

Benefit Plans (Schedule of Chan

Benefit Plans (Schedule of Changes in Benefit Obligation and Plan Assets) (Details) - MSGS Pension Plans - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of period	$ 8,314	$ 9,600
Interest cost	239	123	$ 145
Actuarial gain	(215)	(1,078)
Benefits paid	(248)	(248)
Plan settlements paid	(253)	(83)
Benefit obligation at end of period	$ 7,837	$ 8,314	$ 9,600

Benefit Plans (Narrative) (Deta

Benefit Plans (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Gain (loss)	$ 16,716	$ (461)
Other Equity Investments
Defined Benefit Plan Disclosure [Line Items]
Gain (loss)	1,091	(461)
MSGS Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain	$ (215)	$ (1,078)

Benefit Plans (Schedule of Amou

Benefit Plans (Schedule of Amounts Recognized in Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Defined Benefit Plan Disclosure [Line Items]
Non-current liabilities (included in Defined benefit obligations)	$ (4,526)	$ (5,005)
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Current liabilities (included in accrued employee related costs)	(3,311)	(3,309)
Non-current liabilities (included in Defined benefit obligations)	(4,526)	(5,005)
Total liabilities related to defined benefit plan	$ (7,837)	$ (8,314)

Benefit Plans (Schedule of Net

Benefit Plans (Schedule of Net Periodic Benefit Cost Not yet Recognized) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Actuarial loss	$ (543)	$ (807)

Benefit Plans (Schedule of Ne_2

Benefit Plans (Schedule of Net Periodic Benefit Cost) (Details) - USD ($) $ in Thousands					12 Months Ended
		Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]					Miscellaneous income (expense), net	Miscellaneous income (expense), net	Miscellaneous income (expense), net
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Settlement and Curtailment Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]					Miscellaneous income (expense), net	Miscellaneous income (expense), net	Miscellaneous income (expense), net
Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Interest cost					$ 239	$ 123	$ 145
Recognized actuarial loss					18	133	103
Settlement loss recognized	[1]				30	9	47
Net periodic benefit cost					287	265	295
Payment for pension benefits					$ 253	$ 83	$ 328
Discount rate - projected benefit obligation \| Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)		4.38%	1.89%	1.73%	4.60%	2.35%	2.35%
Discount rate - interest cost \| Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)		2.97%	0.86%	0.91%	4.27%	1.84%	1.84%

[1]For the years ended June 30, 2023, 2022 and 2021, lump-sum payments totaling $253, $83 and $328, respectively, were distributed to vested participants of the Excess Cash Balance Plan, triggering the recognition of settlement losses in accordance with ASC Topic 715. Due to these pension settlements, the Company was required to remeasure its pension plan liability as of June 30, 2023, June 30, 2022, and June 31, 2021 for the years ended June 30, 2023, 2022 and 2021, respectively. Discount rates used for the projected benefit obligation and interest cost were 4.38% and 2.97% as of June 30, 2023, respectively, 1.89% and 0.86% as of June 30, 2022, respectively, and 1.73% and 0.91% as of June 30, 2021, respectively. Additionally, settlement charges of $30, $9 and $47 were recognized in Miscellaneous income (expense), net

Benefit Plans (Schedule of Am_2

Benefit Plans (Schedule of Amounts Recognized in Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	$ 215	$ 1,078	$ (38)
Recognized actuarial loss	18	133	103
Settlement loss recognized	30	9	47
Total recognized in other comprehensive income (loss)	263	1,220	112
Other Comprehensive Income (Loss) \| Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Actuarial gain (loss), net	215	1,078	(38)
Recognized actuarial loss	18	133	103
Settlement loss recognized	30	9	47
Total recognized in other comprehensive income (loss)	$ 263	$ 1,220	$ 112

Benefit Plans (Schedule of Assu

Benefit Plans (Schedule of Assumptions Used) (Details) - Pension Plans				12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Discount rate (percent)				5.44%	4.60%
Interest crediting rate (percent)				3.77%	2.76%
Discount rate - projected benefit obligation
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)	4.38%	1.89%	1.73%	4.60%	2.35%	2.35%
Discount rate - interest cost
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan discount rate (percent)	2.97%	0.86%	0.91%	4.27%	1.84%	1.84%

Benefit Plans (Schedule of Expe

Benefit Plans (Schedule of Expected Benefit Payments) (Details) - Pension Plans $ in Thousands	Jun. 30, 2023 USD ($)
Defined Benefit Plan Disclosure [Line Items]
Fiscal year ending June 30, 2024	$ 3,409
Fiscal year ending June 30, 2025	588
Fiscal year ending June 30, 2026	561
Fiscal year ending June 30, 2027	445
Fiscal year ending June 30, 2028	426
Fiscal years ending June 30, 2029 – 2033	$ 1,881

Benefit Plan (Defined Contribut

Benefit Plan (Defined Contribution Plan) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Savings Plans
Defined Contribution Plan Disclosure [Line Items]
Plan expense	$ 4,897	$ 4,956	$ 2,310

Benefit Plan (Schedule of Multi

Benefit Plan (Schedule of Multiemployer Defined Benefit Pension Plans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Multiemployer Plan [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 5,979	$ 1,649	$ 5,050
Pension Plan, All Other
Multiemployer Plan [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 453	$ 373	371
Pension Plan, All Other \| National Basketball Association Players’ Pension Plan
Multiemployer Plan [Line Items]
Multiemployer Plan, Pension, Significant, Plan Number	001
Multiemployer Plan, Pension, Significant, Certified Zone Status [Fixed List]	Yellow	Yellow
Multiemployer Plan, Pension, Significant, Certified Zone Status, Date	Feb. 01, 2022	Feb. 01, 2021
Multiemployer Plan, Pension, Significant, Funding Improvement or Rehabilitation Plan, Implementation Status [Fixed List]	Implemented
Multiemployer Plan, Employer Contribution, Cost	$ 4,113	$ 0	3,526
Multiemployer Plan, Pension, Significant, Surcharge [Fixed List]	No
Collective-bargaining arrangement, description	6/1/2030 (with certain termination rights becoming effective 6/2029)
Multiemployer Plan, Pension, Significant, Employer Identification Number	832172122
Pension Plan, All Other \| National Hockey League Players’ Retirement Benefit Plan
Multiemployer Plan [Line Items]
Multiemployer Plan, Pension, Significant, Plan Number	001
Multiemployer Plan, Pension, Significant, Certified Zone Status [Fixed List]	Green	Green
Multiemployer Plan, Pension, Significant, Certified Zone Status, Date	Apr. 30, 2022	Apr. 30, 2021
Multiemployer Plan, Pension, Significant, Funding Improvement or Rehabilitation Plan, Implementation Status [Fixed List]	No
Multiemployer Plan, Employer Contribution, Cost	$ 1,413	$ 1,276	1,153
Multiemployer Plan, Pension, Significant, Surcharge [Fixed List]	No
Collective-bargaining arrangement, description	9/15/26
Multiemployer Plan, Pension, Significant, Employer Identification Number	462555356
Multiemployer Defined Contribution Pension Plans
Multiemployer Plan [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 1,113	1,092	1,273
Postretirement Health Coverage
Multiemployer Plan [Line Items]
Multiemployer Plan, Employer Contribution, Cost	$ 274	$ 278	$ 3,526

Benefit Plans (Executive Deferr

Benefit Plans (Executive Deferred Compensation Plan) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Retirement Benefits [Abstract]
Compensation expense/(compensation cost credits)	$ 1,091	$ (461)
Non-current assets (included in investments)	14,406	2,736
Current liabilities (included in accrued employee related costs)	(1,358)	(123)
Non-current liabilities (included in other employee related costs)	$ (13,048)	$ (2,613)

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) shares in Thousands			12 Months Ended
	Oct. 08, 2020 grant shares	Apr. 17, 2020	Jun. 30, 2023 USD ($) plan shares	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)	Apr. 13, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of plans \| plan			2
Vesting period (years)			3 years
Period used to determine weighted-average trading price (days)		10 days
Share-Based Payment Arrangement, Amount Capitalized, Continuing Operations \| $			$ 0	$ 0	$ 0
Share-based Payment Arrangement, Accelerated Cost \| $					7,400,000
Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						2
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)			3 years
Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)			3 years
Continuing Operations
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense \| $			$ 25,203,000	$ 24,245,000	$ 30,437,000
Class A Common Stock \| Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1
2015 Stock Plan for Non-Employee Directors \| Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Days after service on the Board ceases			90 days
2015 Stock Plan for Non-Employee Directors \| Class A Common Stock \| Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized \| shares			160
Expiration period (years)			10 years
2015 Stock Plan for Non-Employee Directors \| Class A Common Stock \| Options \| Expiration Triggered By The Death of the Grantee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period (years)			1 year
2015 Employee Stock Plan \| Class A Common Stock \| Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized \| shares			2,650
Expiration period (years)			10 years
2015 Employee Stock Plan \| Class A Common Stock \| Options \| Expiration Triggered By The Death of the Grantee
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expiration period (years)			1 year
Employee \| Performance Stock Units and Performance Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cost not yet recognized \| $			$ 14,439,000
Period of cost recognition (years)			2 years
Mr. Dolan \| Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)	4 years
Share-Based Compensation Arrangement By Share-based Payment Award, Options, Number Of Grants Forfeited In Period \| grant	3
Mr. Dolan \| Performance Stock Units (PSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period \| shares	32
Mr. Dolan \| Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Nonvested Options Forfeited, Number of Shares \| shares	449
MSG Entertainment \| Performance Stock Units and Performance Restricted Stock Units
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1
MSG Entertainment \| Class A Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1
Distribution ratio		1
MSG Entertainment \| Class A Common Stock \| Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares distributed per share						1

Share-Based Compensation (Sched

Share-Based Compensation (Schedule of Share-based Compensation, Restricted Stock Units Award Activities) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Jun. 30, 2023		Jun. 30, 2022	Jun. 30, 2021
Unvested Share Units Awards [Roll Forward]
Unvested award, beginning balance (USD per share)	[1]	$ 198.21
Granted (USD per share)		165.33	[1]	$ 162.09	$ 162.81
Vested (USD per share)	[1]	213.06
Forfeited (USD per share)	[1]	160.31
Unvested award, ending balance (USD per share)	[1]	$ 167.08		$ 198.21
Fair value of instruments vested in period		$ 40,944		$ 40,490	$ 36,099
Shares withheld for tax withholding obligation, value		117
Payment for tax withholding		$ 17,897		$ 18,306	$ 13,891
Sphere Entertainment
Unvested Share Units Awards [Roll Forward]
Payment for tax withholding		4,233
Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Payment for tax withholding		$ 17,897
RSUs \| Restricted Stock Units (RSUs)
Unvested Share Units Awards [Roll Forward]
Unvested award, beginning balance (shares)		199
Granted (shares)		97
Vested (shares)		(170)
Forfeited (shares)		(2)
Unvested award, ending balance (shares)		124		199
PSUs \| Performance Stock Units and Performance Restricted Stock Units
Unvested Share Units Awards [Roll Forward]
Unvested award, beginning balance (shares)		189
Granted (shares)		60
Vested (shares)		(87)
Forfeited (shares)		(2)
Unvested award, ending balance (shares)		160		189

[1]Weighted-average fair value per share at date of grant does not reflect any adjustment associated with the Sphere Distribution. See above for a discussion of the treatment of RSUs and PSUs in connection with the Sphere Distribution.

Share-Based Compensation (Sch_2

Share-Based Compensation (Schedule of Share-based Compensation Activities, Stock Option) (Details) - Time Vesting Options - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Beginning balance (shares)		94
Granted (shares)		0
Cancelled (shares)		0
Ending balance (shares)		94	94
Exercisable (shares)		94
Beginning balance (USD per share)	[1]	$ 145.78
Granted (USD per share)	[1]	0
Cancelled (USD per share)	[1]	0
Ending balance (USD per share)	[1]	138.78	$ 145.78
Exercisable (USD per share)	[1]	$ 138.78
Weighted average remaining contractual term (years)		4 years 5 months 15 days	5 years 5 months 15 days
Aggregate intrinsic value		$ 4,623	$ 490
Exercisable, weighted-average remaining contractual term (years)		4 years 5 months 15 days
Exercisable, aggregate intrinsic value		$ 4,623

[1]Weighted-average exercise price per share does not reflect any adjustment associated with the Sphere Distribution. See above for a discussion of the treatment of options in connection with the Sphere Distribution.

Share-Based Compensation (Sch_3

Share-Based Compensation (Schedule of Stock Option Assumption) (Details)	12 Months Ended
	Jun. 30, 2023
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period (years)	3 years

Stock Repurchase Program (Detai

Stock Repurchase Program (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 01, 2022	Jun. 30, 2023	Jan. 31, 2023	Oct. 28, 2022	Oct. 06, 2022	Oct. 01, 2015
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, authorized amount						$ 525,000
Accelerated Share Repurchase Program, Authorized Amount					$ 75,000
Accelerated Share Repurchase Program, Additional Shares Authorized			67,681
Accelerated Share Repurchase Program with JP Morgan
Equity, Class of Treasury Stock [Line Items]
Accelerated Share Repurchase Program, Authorized Amount					$ 75,000
Payments for Repurchase of Common Stock	$ 75,000
Class A Common Stock
Equity, Class of Treasury Stock [Line Items]
Accelerated Share Repurchase Program, Authorized Shares	388,777
Accelerated Share Repurchase Program, Percentage of Shares Expected to Repurchase	80%
Accelerated Share Repurchase Program, Per Share				$ 154.33
Accelerated Share Repurchase Program, Average Purchase Price Per Share			$ 164.31
Class A Common Stock \| 2015 share repurchase program
Equity, Class of Treasury Stock [Line Items]
Stock repurchase program, remaining authorized amount		$ 184,639

Related Party Transactions (Own

Related Party Transactions (Ownership Percentage) (Details)	Jun. 30, 2023
Related Party Ownership Percentage [Line Items]
Aggregate voting power held by related party (percent)	71%
Class A Common Stock
Related Party Ownership Percentage [Line Items]
Percentage of common stock owned by related party	3.20%
Class B Common Stock
Related Party Ownership Percentage [Line Items]
Percentage of common stock owned by related party	100%

Related Party Transactions (Tra

Related Party Transactions (Transactions by Type Table) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Related Party Transaction [Line Items]
Revenues	[1]	$ 887,447	$ 821,354	$ 415,721
Related Party
Related Party Transaction [Line Items]
Revenues		190,000	178,696	147,029
Sphere Entertainment
Related Party Transaction [Line Items]
Expense pursuant to Services agreement with MSG Entertainment		36,458	38,102	36,730
Rent expense pursuant to Sublease agreement with MSG Entertainment		2,918	2,978	2,636
Costs associated with the Sponsorship sales and service representation agreements		19,329	22,316	16,016
Operating lease expense associated with the Arena License Agreements		67,619	67,620	36,629
Other costs associated with the Arena License Agreements		36,240	33,894	10,345
Other operating expenses (credits), net		$ 84	$ 1,288	$ (302)

[1]Include revenues from related parties of $190,000, $178,696 and $147,029 for the years ended June 30, 2023, 2022 and 2021, respectively.

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details)	12 Months Ended
Related Party Transactions (Narrative) (Details)	Jun. 30, 2023
Kristin A. Dolan \| 605, LLC
Related Party Transaction [Line Items]
Ownership percentage	50%
Sponsorship Sales And Service Representation Agreements \| MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	10 years
Arena License Agreements \| MSG Entertainment
Related Party Transaction [Line Items]
License agreement term	35 years
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

Income Taxes (Schedule of Compo

Income Taxes (Schedule of Components of Income Tax Expense (Benefit)) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Current federal tax expense (benefit)	$ 23,161	$ 0	$ 0
Current state and local tax expense (benefit)	6,110	572	243
Current income tax expense (benefit)	29,271	572	243
Deferred federal income tax expense (benefit)	(643)	18,664	(21,096)
Deferred state and local income tax expense (benefit)	15,665	5,816	(52,568)
Deferred income tax expense (benefit)	15,022	24,480	(73,664)
Income tax expense (benefit)	$ 44,293	$ 25,052	$ (73,421)

Income Taxes (Schedule of Effec

Income Taxes (Schedule of Effective Income Tax Rate Reconciliation) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Income Tax Disclosure [Abstract]
Federal tax expense (benefit) at statutory federal rate	$ 18,883	$ 15,525	$ (18,757)
State income taxes, net of federal benefit	15,066	8,763	(7,331)
Change in the estimated applicable tax rate used to determine deferred taxes	1,788	(3,191)	(896)
Capital loss carryover	(2,728)	0	0
GAAP income of consolidated partnership attributable to non-controlling interests	455	473	408
Return to provision	366	(2,476)	0
Change in valuation allowance	2,728	0	(52,108)
Nondeductible officers' compensation	5,238	5,156	4,081
Nondeductible disability insurance premiums expense	1,227	964	392
Other nondeductible expenses	558	379	862
Excess tax benefit related to shared based-payments awards	636	(678)	(72)
Other	76	137	0
Income tax expense (benefit)	$ 44,293	$ 25,052	$ (73,421)

Income Taxes (Schedule of Defer

Income Taxes (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Income Tax Disclosure [Abstract]
Net operating loss carryforwards	$ 0	$ 21,171
Capital loss and tax credit carryforwards	2,728	6,547
Accrued employee benefits	20,760	21,687
Accrued expenses	27,186	7,525
Restricted stock units and stock options	4,717	6,348
Arena leases deferred rent adjustment	26,268	17,044
Deferred revenue accelerated for tax purposes	9,506	10,920
Other	462	7,240
Total deferred tax assets	91,627	98,482
Less valuation allowance	(2,728)	0
Net deferred tax assets	88,899	98,482
Intangible and other assets	(102,570)	(97,653)
Prepaid expenses	(10,353)	(9,746)
Total deferred tax liabilities	(112,923)	(107,399)
Net deferred tax liability	$ (24,024)	$ (8,917)

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Jun. 30, 2022
Income Taxes [Abstract]
Unrecognized tax benefits	$ 0	$ 0
Income Taxes Paid, Net	$ 18,615

Concentrations of Risk (Schedul

Concentrations of Risk (Schedules of Concentration of Risk, by Risk Factor) (Details)	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
Entity A \| Accounts Receivable \| Credit Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	17%	35%
Entity A \| Revenue Benchmark \| Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	3%	3%	12%
Entity B \| Accounts Receivable \| Credit Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	52%	35%
Entity B \| Revenue Benchmark \| Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage	13%	14%	32%

Concentrations of Risk (Narrati

Concentrations of Risk (Narrative) (Details) $ in Thousands		12 Months Ended
Concentrations of Risk (Narrative) (Details) $ in Thousands		Jun. 30, 2023 USD ($) employee	Jun. 30, 2022 USD ($)	Jun. 30, 2021 USD ($)
Concentration Risk [Line Items]
Revenues	[1]	$ 887,447	$ 821,354	$ 415,721
Number of full and part-time employees subject to CBAs \| employee		109
Percentage of employees subject to CBAs		11.30%
Workforce Subject to Collective Bargaining Arrangements Already Expired As Of Current Year End \| Unionized Employees Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage		0%
Workforce Subject to Collective Bargaining Arrangements Expiring within One Year \| Unionized Employees Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage		0%
MSG Networks
Concentration Risk [Line Items]
Revenues		$ 172,340	$ 163,037	$ 145,098
MSG Networks \| Revenue Benchmark \| Customer Concentration Risk
Concentration Risk [Line Items]
Concentration risk percentage		19%	20%	35%

[1]Include revenues from related parties of $190,000, $178,696 and $147,029 for the years ended June 30, 2023, 2022 and 2021, respectively.

Schedule II Valuation and Qua_2

Schedule II Valuation and Qualifying Accounts (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2021
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	$ 0	$ 0	$ (48,313)
Charged to Costs and Expenses	(2,728)	0	51,671
Charged to Other Accounts	0	0	(3,363)
Deductions	0	0	5
Balance at End of Period	(2,728)	0	0
Allowance for doubtful accounts
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	0	0	(180)
Charged to Costs and Expenses	0	0	175
Charged to Other Accounts	0	0	0
Deductions	0	0	5
Balance at End of Period	0	0	0
Deferred tax valuation allowance
SEC Schedule, 12-09, Movement in Valuation Allowances and Reserves [Roll Forward]
Balance at Beginning of Period	0	0	(48,133)
Charged to Costs and Expenses	(2,728)	0	51,496
Charged to Other Accounts	0	0	(3,363)	[1]
Deductions	0	0	0
Balance at End of Period	$ (2,728)	$ 0	$ 0

[1]Includes amounts related to return to provision adjustments.