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MSG Sports Considering Spinning Off New York Knicks, Rangers
7:23
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Bloomberg Television
MSG Sports Considering Spinning Off New York Knicks, Rangers
Randall Williams, Bloomberg US Sports Business Reporter, discusses Madison Square Garden Sports' plan to separate its New York Knicks business from its New York Rangers business. Madison Square Garden Sports Corp.’s board of directors approved a plan to explore spinning off the NBA’s New York Knicks and NHL’s New York Rangers, a move that would make it easier to attract investors to the teams.  Few sports conglomerates are worth more than the combined value of the Knicks and Rangers, who both play at Madison Square Garden, one of the most famous arenas in the world. Sportico values the Knicks at $9.85 billion, third in the NBA. The Rangers are worth $3.65 billion, second in the NHL behind the Toronto Maple Leafs. Shares of MSG have soared in recent months, driven in part by the strong performance of the Knicks. Recent earnings have also been boosted by the NBA’s new national media rights deal. However, MSG was valued at just over $7 billion at the end of trading Tuesday, far below the combined value of its assets. MSG said in a statement Wednesday that the potential transaction would allow its shareholders to better evaluate each team’s overall valuation. Shares in MSG rose over 16% in New York, the most since Nov. 2020, adding about $1 billion to its market value.  The Knicks have long been owner Jim Dolan’s most controversial asset. While the franchise failed to capture a title in the 90s — their last championship came in 1973 — the team in that era was seen as a gritty contender, with stars like Patrick Ewing and John Starks. The Rangers last won the Stanley Cup Finals in 1994. The Knicks made it to the Eastern Conference finals for the first time in 25 years last season, before ultimately falling to the Indiana Pacers. The Rangers have missed the playoffs the past two seasons after going to the postseason three straight years from 2021 to 2023. Dolan has been reluctant to sell the Knicks, though the franchise has been an acquisition target for years. In 2023, former MSG president and COO David Hopkinson said the franchise would consider selling minority stakes in either team. Investment firm Silver Lake Management owns a 10% stake in MSG Sports. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Feb 18, 2026
FT says ECB President Lagarde is leaving early
1:25
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Bloomberg Television
FT says ECB President Lagarde is leaving early
ECB President Christine Lagarde is expected to step down from her role before her eight-year term ends in October 2027, the FT has reported. Bloomberg's Francine Lacqua explains. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Feb 18, 2026
How the Super Bowl Came Back to San Francisco
2:48
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Bloomberg Television
How the Super Bowl Came Back to San Francisco
Super Bowl 60 was played in Levi Stadium in Santa Clara, California. The city had only hosted two other Super Bowls prior — and had to make a ton of upgrades to the stadium to bring the game back. Randall Williams takes a look at just how the Bay Area wooed the NFL in the latest Sports City. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/ More from Bloomberg: Bloomberg Radio: https://twitter.com/BloombergRadio Bloomberg Surveillance: https://twitter.com/bsurveillance Bloomberg Politics: https://twitter.com/bpolitics Bloomberg Originals: https://twitter.com/bbgoriginals Watch more on YouTube: Bloomberg Technology: https://www.youtube.com/@BloombergTechnology Bloomberg Originals: https://www.youtube.com/@business Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
Published Feb 18, 2026
Bloomberg Surveillance 2/18/2026
2:24:20
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Bloomberg Television
Bloomberg Surveillance 2/18/2026
Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. Chapters: 00:00:00 - Bloomberg Surveillance starts 00:05:27 - Keith Lerner, Truist Advisory Services 00:17:54 - Daniel Newman, Futurum 00:31:12 - Jill Ford, Wells Fargo 00:41:09 - Elyas Galou, BofA Securities 00:52:16 - Jim Zelter, Apollo Global Management 01:17:19 - Mitchell Green, Lead Edge Capital 01:31:07 - Oliver Chen, TD Cowen 01:40:04 - Alicia Levine, BNY Wealth 01:53:35 - Gil Luria, DA Davidson 02:05:12 - Nancy Lazar, Piper Sandler 02:15:30 - Nouriel Roubini, Roubini Macro Associates -------- Watch it live every week day from 6-9 ET on Bloomberg Television, YouTube, Roku, Apple TV, Samsung TV, Android TV, Rakuten TV. Watch more here: https://www.bloomberg.com/btv/series/bloomberg-surveillance Subscribe and turn on notifications so you don't miss any new Bloomberg Television videos: https://tinyurl.com/ysu5b8a9 Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com Follow Surveillance on X at: https://twitter.com/bsurveillance Follow the hosts: Jonathan Ferro: https://twitter.com/FerroTV Lisa Abramowicz: https://twitter.com/lisaabramowicz1 Annmarie Hordern: https://twitter.com/annmarie Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusiness Instagram: https://www.instagram.com/bloombergbusiness/ TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en Reddit: https://www.reddit.com/r/bloomberg/ LinkedIn: https://www.linkedin.com/company/bloomberg-news/
Published Feb 18, 2026