The proposed spin-off is not an indication MSG Sports is looking to sell either the Knicks or Rangers, according to a sports law professor at Seton Hall.

The MSG Sports board has unanimously approved a plan to explore a possible spin-off separating the N.Y. Knicks and Rangers into to two distinct publicly traded companies.

Changes could be in store for the Madison Square Garden Sports Corp., which on Wednesday announced it is considering splitting the Knicks and Rangers into separate entities.

With his career perhaps winding down, Los Angeles Lakers star LeBron James reflected on what might've been his final trip to Madison Square Garden. The Lakers lost 112-100 to the New York Knicks on ...