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MADISON SQUARE GARDEN SPORTS CORP.

(MSGS)
  Report
Delayed Nyse  -  04:00 2022-11-30 pm EST
162.84 USD   +1.78%
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Madison Square Garden Sports : Easier Entry Options for Knicks & Rangers Games as of April 1

03/22/2021 | 09:19am EST

Proof of Negative Antigen COVID-19 Test or Full Vaccination Will Be Accepted

for Entry to Madison Square Garden

The Garden is Partnering with Ambulnz, a DocGo Company, to Provide Onsite Antigen Testing Option;

Ambulnz Will Deliver Results Within 30 Minutes for $30

Tickets for New Batch of Rangers Games Go On-Sale Today at 2PM; Knicks on Tuesday at 2PM

New York, NY - March 22, 2021 - MSG Sports announced today that starting April 1, it will be easier for guests to attend Knicks and Rangers games at Madison Square Garden. Guests will have two new options to demonstrate they are eligible to attend an event - proof from a healthcare provider of a negative antigen COVID-19 test or full vaccination - in addition to a negative PCR COVID-19 test.

David Hopkinson, MSG Sports EVP and President of Team Business Operations, said: 'We are grateful that New York State has taken this major step forward. The addition of antigen COVID-19 testing and proof of vaccination provide fans with faster and easier ways to meet the entry requirements for attending a Knicks or Rangers game. We know this will be welcome news for our fans, who have already been incredible in doing whatever it takes to support their teams.'

Starting April 1, fans can utilize antigen testing or provide proof of full vaccination to gain entry to Madison Square Garden. Guests may choose any healthcare provider that offers antigen COVID-19 tests, which will need to be taken within six hours of the event start time. To make things more convenient, The Garden is partnering with Ambulnz, a DocGo company, to offer onsite antigen testing on event days. Ambulnz will deliver results within 30 minutes for $30. MSG Sports will provide more information soon, including how to schedule an appointment.

New York State has also launched the NY Forward Rapid Test Program, which has multiple testing center locations - including several near Madison Square Garden - that provide antigen COVID-19 testing, with results available within 30 minutes and for no more than $30. For more information on NY Forward or to make an appointment, please visit: https://forward.ny.gov/ny-forward-rapid-test-program.

For fans who have been vaccinated, their event date must fall at least 14 days after their second dose of the Pfizer-BioNtech or Moderna COVID-19 vaccine or a single dose of the Johnson & Johnson's Janssen COVID-19 vaccine. In addition, fans can still use a negative PCR COVID-19 test, which must be taken within 72 hours of the day of the event. For all three options - vaccine, antigen and PCR - guests will need to provide an appropriate ID matching the name on their testing or vaccination documentation.

Guests will also need to complete a quick and easy health survey and pass a temperature check. To help ensure a fast and efficient entry, guests are encouraged to download the MSG Venue App to access digital tickets and complete the health survey prior to arrival. All guests are required to wear a face covering while in The Garden, except when actively eating or drinking, which is only permitted in their assigned seat.

Rangers tickets go on sale today, March 22, for the following games: Tuesday, March 30 vs. the Washington Capitals; Tuesday, April 6 and Thursday, April 8 vs. the Pittsburgh Penguins. Please note, the March 30 Rangers game will not be eligible for the new entry requirement options.

On Tuesday, March 23, Knicks tickets will go on sale for the following games: Friday, April 2 vs. Dallas Mavericks; Friday, April 9 vs. Memphis Grizzlies; Sunday, April 11 vs. Toronto Raptors; and Monday, April 12 vs. Los Angeles Lakers. Both teams will make tickets available first to their preferred Season Ticket Members, before opening up to the general public at 2:00 PM.

Each team will have tickets available in a range of price points, starting at $50. Individuals can buy up to four tickets, which can be purchased through nyrangers.com or nyknicks.com. In addition, private suites with a full slate of amenities are also available with varying capacities, based on New York State regulations. Interested parties should contact msgsuites@msg.com or call 212-465-6155.

About Madison Square Garden Sports Corp.
Madison Square Garden Sports Corp. (MSG Sports) is a leading professional sports company, with a collection of assets that includes: the New York Knicks (NBA) and the New York Rangers (NHL); two development league teams - the Westchester Knicks (NBAGL) and the Hartford Wolf Pack (AHL); and esports teams through Counter Logic Gaming, a leading North American esports organization, and Knicks Gaming, an NBA 2K League franchise. MSG Sports also operates two professional sports team performance centers - the MSG Training Center in Greenburgh, NY and the CLG Performance Center in Los Angeles, CA. More information is available at www.msgsports.com.

About DocGo
DocGo is a leading provider of mobile medical services and medical transportation in the U.S. and UK. DocGo's TeleHealth Plus provides non-emergency medical services to patients in their homes, delivering the full promise and potential of telemedicine. Their experienced medical field staff of more than 2,000 EMTs, paramedics, and licensed practical nurses work under the guidance of MD1 Medical Care PC to fill the gap between a visit to the doctor's office and a traditional telemedicine call. DocGo's Ambulnz transportation offering uses disruptive, AI-powered technology to dispatch and manage their fleet, and is the only medical transportation company that offers ambulance, ambulette, and medical sedan options to accommodate every type of patient need. They have already tested 1,200,000 million individuals for COVID-19, helping manage the spread of the pandemic. For more information about DocGo, visit www.docgo.com.

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Disclaimer

Madison Square Garden Sports Corp. published this content on 22 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 March 2021 14:18:06 UTC.


ę Publicnow 2021
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Financials (USD)
Sales 2023 799 M - -
Net income 2023 37,9 M - -
Net Debt 2023 254 M - -
P/E ratio 2023 104x
Yield 2023 -
Capitalization 3 962 M 3 962 M -
EV / Sales 2023 5,28x
EV / Sales 2024 4,95x
Nbr of Employees -
Free-Float 62,7%
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Mean consensus BUY
Number of Analysts 6
Last Close Price 160,00 $
Average target price 222,83 $
Spread / Average Target 39,3%
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Managers and Directors
Andrew Sam Lustgarten Chief Executive Officer
David Hopkinson President & Chief Operating Officer
Victoria M. Mink CFO, Treasurer & Executive Vice President
James Lawrence Dolan Executive Chairman
Lisa R. Callahan Chief Medical Officer
Sector and Competitors