New York Knicks

The rise in valuation of Tesla Inc (NASDAQ: TSLA) shares has increased the wealth of its CEO, generating some incredible stories of just how rich Elon Musk is. The latest figure and what it means may shock you. What Happened: Musk is worth $287 billion as of Oct. 26. The figure from the Bloomberg...

The National Basketball Association kicked off its 75th season Oct. 19 with a doubleheader featuring four of the top teams in the league. As the NBA season kicks off in full force, here is a look at some of the publicly traded companies that could get a boost from the new season. 1. Madison Square...

The Phoenix Suns are nearing an NBA Championship for the 2020-2021 season, which would be the first title in team history. The Suns are majority-owned by Robert Sarver, but investors can own a piece of the team via a company that went public with a SPAC merger and has plans to own stakes in...

One of the most storied pro sports teams of all time is getting a new $5 billion valuation and a partial sale of the team that was revealed over the weekend. What Happened: Los Angeles Dodgers owners Mark Walter and Todd Boehly are purchasing 27% of the Los Angeles Lakers, according to Sportico....

The Atlanta Hawks beat the New York Knicks in a dramatic 107-105 victory on Sunday night, securing the win after a Trae Young buzzer-beater. The Series’ Storyline: Are the New York Knicks Actual Contenders? How To Watch: Game two of the Hawk-Knicks first-round series will be played at...

Pent-up demand for live sporting events and concerts continues to be a theme for investors seeking to find reopening stock plays. Add in a storied NBA franchise ending a playoff drought and investors could have two exciting stocks offering upside through the rest of 2021. What Happened: For the...

Even with an 8-8 record and a streak of missing the NBA playoffs for seven straight seasons, the New York Knicks could be a value play. Madison Square Garden Sports Corp (NYSE: MSGS): The New York Knicks are owned by Madison Square Garden Sports, along with the NHL’s New York Rangers...

The back-to-back NBA MVP signed the largest deal in league history and earned a supermax contract extension. What Happened: Giannis Antetokounmpo signed a five-year, $228 million supermax contract extension with the Milwaukee Bucks, the team that drafted him 15th overall in 2013. The deal, reported...

The Utah Jazz and Vivint Smart Home Arena are being sold to lifelong fan and Qualtrics founder Ryan Smith. The sale could be a boost to a publicly-traded company that owns several sports teams, including the New York Knicks. What Happened: ESPN reported a sale price of $1.66 billion for the ...

If you can't beat 'em, buy 'em out. Steve Ballmer, owner of the NBA's Los Angeles Clippers, is close to a deal to buy The Forum from Madison Square Garden Co (NYSE: MSG), according to an ESPN report. The purchase would eliminate one of the main obstacles to Ballmer's effort to...

Josh Brown said on Monday's "Halftime Report" he is downgrading Madison Square Garden Co (NYSE: MSG) on its lackluster NBA free agency performance. "You had room for two max deals, you got no one. No one wants to be here. It’s embarrassing," said the passionate Knicks...

The type of market a player lands in directly affects their ability to push product. No matter how fun the city might be, Zion Williamson landing in New Orleans isn't the outcome sneaker companies looking to sign the future NBA star to an endorsement deal are hoping for. Luck Of The Draw The...

A shareholder lawsuit filed against The Madison Square Garden Company (NYSE: MSG) and New York Knicks CEO James Dolan alleges he’s paid far more than similar CEOs and spends too much time away from the job touring with his band.  What Happened The lawsuit, first reported by...

Shares of sporting and entertainment company Madison Square Garden Co (NYSE: MSG) have gained more than 10 percent since the announcement of a split into two entities, but the stock remains undervalued, according to Imperial Capital. The Analyst Imperial Capital's David Miller initiated...

It looks like another losing season for the New York Knicks. More than halfway through their 2017-2018 schedule, the team ranks 11th in the NBA’s Eastern Conference with a 24-38 record. If they stay on pace, they’ll finish their fifth consecutive losing season and potentially miss their...