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MSG Rangers Corp is primarily a professional sports franchise company, owning and operating the New York Rangers of the National Hockey League. Its key assets also include the Hartford Wolf Pack, the Rangers' affiliate in the American Hockey League, and a performance facility - the MSG Training Center in Greenburgh, New York - which supports its teams and some affiliates.
In addition to owning teams and training infrastructure, the company generates revenue through multiple streams associated with its hockey operations. These include ticket sales, sponsorships, signage, suite and club license sales, league distribution streams for media rights, and revenue sharing on food, beverage, and merchandise at its home venue, Madison Square Garden (The Garden). It has licensing agreements - such as an Arena License Agreement - for use of The Garden for home games, and contracts with entities like MSG Networks for the local telecast rights for its games.
Geographically, MSG Rangers operates in the New York metropolitan area, with its home games in Manhattan and training and performance operations in Greenburgh, New York. Its performance center services not only the Rangers, but also affiliates such as the Westchester Knicks (under its former parent company) during transitional arrangements. The company was spun off from MSG Knickerbockers Corp in late October 2026, becoming a standalone entity holding the Rangers-related business.
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