įollowing the success of the New York Americans, the Madison Square Garden Corporation established the New York Rangers, which began play in 1926. On January 15, 1925, shortly after the Garden opened, the corporation's name was changed to the Madison Square Garden Corporation. On May 31, 1923, Tex Rickard incorporated the New Madison Square Garden Corporation for the purpose of building and operating the third Madison Square Garden. 4.2 Los Angeles Clippers arena proposal.
and subsequently spun off its entertainment division as Madison Square Garden Entertainment. In 2020, The Madison Square Garden Company rebranded as Madison Square Garden Sports Corp.
the new company took the name “The Madison Square Garden Company”. In 2015, the original company spun off the sports and entertainment division into a separate company and the original company was renamed to MSG Networks, Inc. The original company was established in 2010 when Cablevision spun off the New York Knicks, New York Rangers, Madison Square Garden, MSG Network and other entertainment assets as an independent, publicly traded company. These include the National Basketball Association's New York Knicks and their NBA G League affiliate, the Westchester Knicks, and the National Hockey League's New York Rangers and their American Hockey League affiliate, the Hartford Wolf Pack. MSG Sports manages professional sports teams. (also known as MSG Sports) is an American sports holding company based in New York City.
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