MSG Sports Sees Q3 Revenue Drop Amid Media Rights Strain

The New York Knicks cashed in on strong attendance at the Garden this season—support they’ll continue to need against the defending champion Boston Celtics in the playoff semifinals. But while the Knicks’ parent company is poised to return to the second round for a third straight year, turbulence surrounding broadcaster MSG Networks dragged down revenue.On Friday, Madison Square Garden Sports, which also owns the NHL’s New York Rangers, reported that it earned $424.2 mill