Reported about 12 hours ago
A recent analysis highlights the investment potential of Madison Square Garden Sports Corp (MSGS), trading at about half its estimated value due to ownership of the Knicks and Rangers. With an anticipated annual appreciation of 10-12% for these teams, purchasing MSGS could yield a compounding return of 20-24% per year, making it an attractive long-term investment despite existing risks from company control and market discounts. Investors are urged to maintain a long-term perspective to benefit from the steadily increasing value of sports franchises.
Source: YAHOO