Madison Square Garden Sports Corp. (MSGS) announced that Paul DiCicco will join the company as Executive Vice President, Chief Financial Officer and Treasurer, effective May 11, 2026. The Board of Directors appointed him on April 28, 2026, and the public announcement was made on May 4, 2026.
DiCicco brings more than two decades of finance experience in the sports and entertainment sector. He previously served as Chief Financial Officer at Stephen Gould Corporation and as Senior Vice President, Corporate Controller at Harris Blitzer Sports and Entertainment, where he oversaw financial reporting, treasury, and investor relations for the Philadelphia 76ers and New Jersey Devils. Earlier in his career he worked as an auditor at PricewaterhouseCoopers, building a foundation in financial controls and compliance.
In his new role, DiCicco will report directly to Executive Chairman and CEO Jim Dolan. He will oversee all financial and accounting functions, including internal and external reporting, financial planning and analysis, treasury, investor relations, tax, and risk management. He will also support MSGS’s capital allocation strategy and help manage the financial aspects of the company’s ongoing strategic initiatives.
The appointment comes at a pivotal time for MSGS. The company is exploring a spin‑off that would separate its New York Knicks and New York Rangers businesses into distinct publicly traded entities, a move that requires sophisticated financial planning and execution. In addition, MSGS is renegotiating local media‑rights agreements with MSG Networks, which has faced financial distress. DiCicco’s experience in sports‑industry finance positions him to navigate these complex transactions and to strengthen the company’s financial discipline amid revenue growth and a negative earnings‑per‑share figure of $0.69 for the most recent twelve‑month period.
Jim Dolan said, “We are pleased to welcome Paul to MSG Sports in this important role. His proven track record of strategic financial leadership will be an asset as we continue to pursue our long‑term growth strategy for the Company.” DiCicco added, “Across my career I’ve had opportunities to lead global, high‑performing teams focused on driving financial performance, operational strategy, and revenue growth. I look forward to leveraging that experience at MSG Sports to advance business priorities.”
With MSGS’s market capitalization around $8.17 billion and a recent revenue of $1.07 billion, the new CFO will be tasked with turning a negative operating income into a positive one while managing debt and capital allocation. His role will be critical in ensuring that the spin‑off and media‑rights negotiations proceed smoothly, preserving shareholder value and supporting the company’s long‑term strategic objectives.
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