MSGS Spinco, Inc. Sample Contracts

AMENDED AND RESTATED CREDIT AGREEMENT dated as of November 6, 2020 among NEW YORK RANGERS, LLC, as Borrower the LENDERS party hereto, JPMORGAN CHASE BANK, N.A., as Agent JPMORGAN CHASE BANK, N.A., THE BANK OF NOVA SCOTIA, TRUIST SECURITIES, INC. and...
Credit Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

AMENDED AND RESTATED CREDIT AGREEMENT, dated as of November 6, 2020 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), among NEW YORK RANGERS, LLC, as the Borrower, the LENDERS party hereto, and JPMORGAN CHASE BANK, N.A., as the Agent.

Mr. Bryan Warner MSG Spinco, Inc. (to be renamed MSG Rangers Corp.) Two Pennsylvania Plaza New York, NY 10121 Dear Bryan:
Employment Agreement • September 3rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

This letter agreement (the “Agreement”), effective as of the closing of the spin-off of MSGS Spinco, Inc. (to be renamed MSG Rangers Corp., the “Company”) from Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp., “MSGK”) (the “Effective Date”), will confirm the terms of your employment with the Company as of the Effective Date.

EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP.), MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND MADISON SQUARE GARDEN ENTERTAINMENT CORP. Dated as of September 30, 2026
Employee Matters Agreement • September 30th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

THIS EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of September 30, 2026, is by and between Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp. at the Distribution), a Nevada corporation (“MSG Sports”), MSGS Spinco, Inc. (to be renamed MSG Rangers Corp. at the Distribution), a Nevada corporation and an indirect wholly-owned subsidiary of MSG Sports (“Spinco”) and Madison Square Garden Entertainment Corp., a Nevada corporation (“MSG Entertainment” and, together with MSG Sports and Spinco, each, a “Party” and collectively, the “Parties”) solely for purposes of Articles III, IX and X.

TRANSITION SERVICES AGREEMENT BY AND BETWEEN MSG SPORTS, LLC (TO BE RENAMED MSG KNICKS, LLC) AND MSG NYR HOLDINGS, LLC dated as of September 30, 2026
Transition Services Agreement • September 30th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

Transition Services Agreement, dated as of September 30, 2026 (this “Agreement”), between MSG Sports, LLC (to be renamed MSG Knicks, LLC) a Delaware limited liability company (“Knicksco”), and MSG NYR Holdings, LLC, a Delaware limited liability company (“Rangersco”).

SECURITY AGREEMENT dated as of January 25, 2017, between NEW YORK RANGERS, LLC and JPMORGAN CHASE BANK, N.A., as Collateral Agent
Security Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

SECURITY AGREEMENT, dated as of January 25, 2017 (this “Agreement”), between NEW YORK RANGERS, LLC, a Delaware limited liability company (the “Grantor”), and JPMORGAN CHASE BANK, N.A., as Collateral Agent (the “Collateral Agent”).

DISTRIBUTION AGREEMENT BY AND BETWEEN MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP. ) AND MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) Dated as of [●], 2026
Distribution Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • Nevada

This Distribution Agreement (this “Agreement”), is dated as of [●], 2026, by and between Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp.), a Nevada corporation (“MSG Sports”), and MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation and a direct wholly-owned subsidiary of MSG Sports (“Spinco” and, together with MSG Sports, the “Parties”).

CONTRIBUTION AGREEMENT BY AND AMONG MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP.), MSG SPORTS, LLC AND MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) Dated as of [•], 2026
Contribution Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

CONTRIBUTION AGREEMENT (this “Agreement”), dated as of [•], 2026, by and among MADISON SQUARE GARDEN SPORTS CORP. (to be renamed MSG Knickerbockers Corp. at the Effective Time), a Nevada corporation (“MSG Sports”), MSG SPORTS, LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of MSG Sports (“MSG Sports LLC”), and MSGS SPINCO, INC. (to be renamed MSG Rangers Corp. prior to the Effective Time), a Nevada corporation (“Spinco”).

CONTRIBUTION AGREEMENT BY AND AMONG MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP.), MSG SPORTS, LLC AND MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) Dated as of September 30, 2026
Contribution Agreement • September 30th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

CONTRIBUTION AGREEMENT (this “Agreement”), dated as of September 30, 2026, by and among MADISON SQUARE GARDEN SPORTS CORP. (to be renamed MSG Knickerbockers Corp. at the Effective Time), a Nevada corporation (“MSG Sports”), MSG SPORTS, LLC, a Delaware limited liability company and a direct wholly-owned subsidiary of MSG Sports (“MSG Sports LLC”), and MSGS SPINCO, INC. (to be renamed MSG Rangers Corp. prior to the Effective Time), a Nevada corporation (“Spinco”).

TRANSITION SERVICES AGREEMENT BY AND BETWEEN MSG SPORTS, LLC (TO BE RENAMED MSG KNICKS, LLC) AND MSG NYR HOLDINGS, LLC dated as of [●], 2026
Transition Services Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

Transition Services Agreement, dated as of [●], 2026 (this “Agreement”), between MSG Sports, LLC (to be renamed MSG Knicks, LLC) a Delaware limited liability company (“Knicksco”), and MSG NYR Holdings, LLC, a Delaware limited liability company (“Rangersco”).

SPONSORSHIP SALES AND SERVICE REPRESENTATION AGREEMENT
Sponsorship Sales and Service Representation Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

THIS SPONSORSHIP SALES AND SERVICE REPRESENTATION AGREEMENT (this “Agreement”) is made and entered into as of April 15, 2020 (the “Effective Date”) by and between New York Rangers, LLC (“Rangers, LLC”), a Delaware limited liability company with offices at 2 Penn Plaza, New York, NY 10121, and MSG Entertainment Group, LLC (formerly MSG Sports & Entertainment, LLC), a Delaware limited liability company with offices at 2 Penn Plaza, New York, NY 10121 (“Representative”).

ARENA LICENSE AGREEMENT between MSG ARENA, LLC and NEW YORK RANGERS, LLC Dated as of April 15, 2020
Arena License Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

This ARENA LICENSE AGREEMENT (this “Agreement”) is made as of April 15, 2020 (the “Effective Date”) between MSG Arena, LLC, a Delaware limited liability company (“Licensor”), and New York Rangers, LLC, a Delaware limited liability company (the “Rangers”). Licensor and the Rangers are each referred to individually as a “Party” and collectively as the “Parties.”

TAX DISAFFILIATION AGREEMENT BETWEEN MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP.) AND MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) dated as of September 30, 2026
Tax Disaffiliation Agreement • September 30th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

THIS TAX DISAFFILIATION AGREEMENT (the “Agreement”) is dated as of September 30, 2026, by and between Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp. at the Effective Time (as defined below)), a Nevada corporation (“MSG Sports”), and MSGS Spinco, Inc. (to be renamed MSG Rangers Corp. at the Effective Time), a Nevada corporation and a direct wholly-owned subsidiary of MSG Sports (“Spinco” and, together with MSG Sports, the “Parties”, and each, a “Party”). Unless otherwise indicated, all “Section” references in this Agreement are to sections of the Agreement.

FORM OF PERFORMANCE RESTRICTED STOCK UNITS AGREEMENT
Performance Restricted Stock Units Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Pursuant to MSG Knickerbockers Corp.’s 2015 Employee Stock Plan, as amended, on [Date] (the “Grant Date”), you were granted performance restricted stock units, each of which represents an unfunded, unsecured promise by MSG Knickerbockers Corp. (formerly known as Madison Square Garden Sports Corp.) (“MSG Knickerbockers”) to deliver to you one share of MSG Knickerbockers Class A Common Stock. In conjunction with the spin-off of MSG Rangers Corp. (formerly known as MSGS Spinco, Inc.) (the “Company”) from MSG Knickerbockers on [Date] (the “Distribution Date”), and pursuant to the Company’s 2026 Employee Stock Plan (the “Plan”), you are receiving the award described in this Performance Restricted Stock Units Agreement (the “Agreement”) of performance restricted stock units (the “Units”), each of which represents an unfunded, unsecured promise by the Company to deliver to you one share of the Company’s Class A Common Stock, par value $.01 per share (“Share”).

DISTRIBUTION AGREEMENT BY AND BETWEEN MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP. ) AND MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) Dated as of September 30, 2026
Distribution Agreement • September 30th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • Nevada

This Distribution Agreement (this “Agreement”), is dated as of September 30, 2026, by and between Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp.), a Nevada corporation (“MSG Sports”), and MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation and a direct wholly-owned subsidiary of MSG Sports (“Spinco” and, together with MSG Sports, the “Parties”).

REGISTRATION RIGHTS AGREEMENT BY AND AMONG MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND THE DOLAN FAMILY AFFILIATES
Registration Rights Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Registration Rights Agreement (this “Agreement”) dated as of [•], 2026 (but effective as provided in Section 9(k)), by and among MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation (the “Company”), the parties set forth on Annex A to this Agreement (the “Dolan Family Affiliates”) and the Qualifying Creditors, if any, who have agreed in writing to become bound by this Agreement. Certain capitalized terms used in this Agreement are defined in Annex B hereto.

TAX DISAFFILIATION AGREEMENT BETWEEN MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP.) AND MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) dated as of [●], 2026
Tax Disaffiliation Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

THIS TAX DISAFFILIATION AGREEMENT (the “Agreement”) is dated as of [●], 2026, by and between Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp. at the Effective Time (as defined below)), a Nevada corporation (“MSG Sports”), and MSGS Spinco, Inc. (to be renamed MSG Rangers Corp. at the Effective Time), a Nevada corporation and a direct wholly-owned subsidiary of MSG Sports (“Spinco” and, together with MSG Sports, the “Parties”, and each, a “Party”). Unless otherwise indicated, all “Section” references in this Agreement are to sections of the Agreement.

STANDSTILL AGREEMENT BY AND AMONG MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND THE DOLAN FAMILY GROUP
Standstill Agreement • September 25th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Standstill Agreement (this “Agreement”), dated as of [•], 2026, by and among MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation (the “Company”), each of the members of the Dolan Family Group listed on Schedule I to this Agreement (the “Dolan Family Parties”) and, as and to the extent provided herein, their transferees, successors and assigns.

STANDSTILL AGREEMENT BY AND AMONG MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND THE DOLAN FAMILY GROUP
Standstill Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Standstill Agreement (this “Agreement”), dated as of [•], 2026, by and among MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation (the “Company”), each of the members of the Dolan Family Group listed on Schedule I to this Agreement (the “Dolan Family Parties”) and, as and to the extent provided herein, their transferees, successors and assigns.

FORM OF RESTRICTED STOCK UNITS AGREEMENT
Restricted Stock Units Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Pursuant to MSG Knickerbockers Corp.’s 2015 Employee Stock Plan, as amended, on [Date] (the “Grant Date”), you were granted restricted stock units, each of which represents an unfunded, unsecured promise by MSG Knickerbockers Corp. (formerly known as Madison Square Garden Sports Corp.) (“MSG Knickerbockers”) to deliver to you one share of MSG Knickerbockers Class A Common Stock. In conjunction with the spin-off of MSG Rangers Corp. (formerly known as MSGS Spinco, Inc.) (the “Company”) from MSG Knickerbockers on [Date] (the “Distribution Date”), and pursuant to the Company’s 2026 Employee Stock Plan (the “Plan”), you are receiving the award described in this Restricted Stock Units Agreement (the “Agreement”) of [#RSUs] restricted stock units (the “Units”), each of which represents an unfunded, unsecured promise by the Company to deliver to you one share of the Company’s Class A Common Stock, par value $.01 per share (“Share”).

EMPLOYEE MATTERS AGREEMENT BY AND BETWEEN MADISON SQUARE GARDEN SPORTS CORP. (TO BE RENAMED MSG KNICKERBOCKERS CORP.), MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND MADISON SQUARE GARDEN ENTERTAINMENT CORP. Dated as of [●], 2026
Employee Matters Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

THIS EMPLOYEE MATTERS AGREEMENT (this “Agreement”), dated as of [●], 2026, is by and between Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp. at the Distribution), a Nevada corporation (“MSG Sports”), MSGS Spinco, Inc. (to be renamed MSG Rangers Corp. at the Distribution), a Nevada corporation and an indirect wholly-owned subsidiary of MSG Sports (“Spinco”) and Madison Square Garden Entertainment Corp., a Nevada corporation (“MSG Entertainment” and, together with MSG Sports and Spinco, each, a “Party” and collectively, the “Parties”) solely for purposes of Articles III, IX and X.

INDEMNIFICATION AGREEMENT
Indemnification Agreement • September 3rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • Nevada

This INDEMNIFICATION AGREEMENT is made this ______ day of ___________ (the “Agreement”) by and between MSG Rangers Corp., a Nevada corporation (the “Company”), and __________________ (“Indemnitee”).

AMENDMENT NO. 3, dated as of December 14, 2021 (this “Amendment”), to the AMENDED AND RESTATED CREDIT AGREEMENT, dated as of November 6, 2020 (as amended, supplemented or otherwise modified prior to the date hereof, the “Existing Credit Agreement”;...
Amendment No. 3 to Amended and Restated Credit Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • New York

SECOND AMENDED AND RESTATED CREDIT AGREEMENT, dated as of November 6December 14, 2020 2021 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), among NEW YORK RANGERS, LLC, as the Borrower, the LENDERS party hereto, and JPMORGAN CHASE BANK, N.A., as the Agent.

Contract
Credit Agreement • May 15th, 2026 • MSGS Spinco, Inc.

AMENDMENT NO. 2 dated as of March 19, 2021 (this “Amendment”), to the CREDIT AGREEMENT, dated as of January 25, 2017 (as amended, supplemented or otherwise modified prior to the date hereof, the “Credit Agreement”; capitalized terms used and not defined herein shall have the meanings assigned to such terms in the Credit Agreement), among NEW YORK RANGERS, LLC, a Delaware limited liability company (the “Borrower”), the LENDERS party thereto and JPMORGAN CHASE BANK, N.A. (“JPMorgan”), as Agent (in such capacity, the “Agent”).

REGISTRATION RIGHTS AGREEMENT BY AND AMONG MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND THE CHARLES F. DOLAN CHILDREN TRUSTS
Registration Rights Agreement • August 14th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Registration Rights Agreement (this “Agreement”) dated as of [•], 2026 (but effective as provided in Section 10(l)), by and among MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation (the “Company”), the Charles F. Dolan Children Trusts, created under an Agreement dated December 22, 2009, between Kathleen M. Dolan, Paul J. Dolan, Matthew J. Dolan and Mary S. Dolan, as Grantors and Trustees (the “Children Trusts”), and the Qualifying Creditors, if any, who have agreed in writing to become bound by this Agreement. Certain capitalized terms used in this Agreement are defined in Annex A hereto.

REGISTRATION RIGHTS AGREEMENT BY AND AMONG MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND THE CHARLES F. DOLAN CHILDREN TRUSTS
Registration Rights Agreement • September 25th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Registration Rights Agreement (this “Agreement”) dated as of [•], 2026 (but effective as provided in Section 10(l)), by and among MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation (the “Company”), the Charles F. Dolan Children Trusts, created under an Agreement dated December 22, 2009, between Kathleen M. Dolan, Paul J. Dolan, Matthew J. Dolan and Mary S. Dolan, as Grantors and Trustees (the “Children Trusts”), and the Qualifying Creditors, if any, who have agreed in writing to become bound by this Agreement. Certain capitalized terms used in this Agreement are defined in Annex A hereto.

FORM OF NON-EMPLOYEE DIRECTOR AWARD AGREEMENT
Non-Employee Director Award Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Pursuant to the 2026 Stock Plan for Non-Employee Directors (the “Plan”) of MSG Rangers Corp. (formerly known as MSGS Spinco, Inc.) (the “Company”), you have been granted, effective as of [Grant Date], [Quantity Granted] restricted stock units (“Units”) (such grant, the “Award”). The Units are granted subject to the terms and conditions set forth below and in the Plan.

INDEMNIFICATION AGREEMENT
Indemnification Agreement • July 23rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation • Nevada

This INDEMNIFICATION AGREEMENT is made this ______ day of ___________(the “Agreement”) by and between MSG Rangers Corp., a Nevada corporation (the “Company”), and __ ________________ (“Indemnitee”).

FORM OF TRANSFER CONSENT AGREEMENT
Transfer Consent Agreement • September 25th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

THIS TRANSFER CONSENT AGREEMENT is made this [•] day of [•], 2026 by and among: (i) the NATIONAL HOCKEY LEAGUE, a joint venture organized as an unincorporated association (the “NHL”); (ii) NEW YORK RANGERS, LLC, a Delaware limited liability company (“Rangers LLC”), RANGERS HOLDINGS, LLC, a Delaware limited liability company (“RH LLC”), MSG NYR HOLDINGS, LLC, a Delaware limited liability company (“MSG NYR Holdings”), and MSGS SPINCO, INC., a Nevada corporation to be renamed MSG Rangers Corp. (“Spinco”) (the entities listed in this clause (ii) are referred to collectively as the “Club Parties”); and (iii) MSG SPORTS, LLC, a Delaware limited liability company to be renamed MSG Knicks, LLC (“MSG Sports”), and MADISON SQUARE GARDEN SPORTS CORP., a Nevada corporation to be renamed MSG Knickerbockers Corp. (“Remainco”) (the entities listed in this clause (iii) are referred to collectively as the “Transferring Parties”, and together with the Club Parties, the “Transaction Parties”).

REGISTRATION RIGHTS AGREEMENT BY AND AMONG MSGS SPINCO, INC. (TO BE RENAMED MSG RANGERS CORP.) AND THE DOLAN FAMILY AFFILIATES
Registration Rights Agreement • September 25th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

Registration Rights Agreement (this “Agreement”) dated as of [•], 2026 (but effective as provided in Section 9(k)), by and among MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.), a Nevada corporation (the “Company”), the parties set forth on Annex A to this Agreement (the “Dolan Family Affiliates”) and the Qualifying Creditors, if any, who have agreed in writing to become bound by this Agreement. Certain capitalized terms used in this Agreement are defined in Annex B hereto.

September ____, 2026 Mr. Jamaal Lesane MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.) Two Pennsylvania Plaza New York, NY 10121 Dear Jamaal:
Employment Agreement • September 25th, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

This letter agreement (the “Agreement”), effective as of the closing of the spin-off of MSGS Spinco, Inc. (to be renamed MSG Rangers Corp., the “Company”) from Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp., “MSGK”) (the “Effective Date”), will confirm the terms of your employment with the Company as of the Effective Date.

Mr. James L. Dolan MSGS Spinco, Inc. (to be renamed MSG Rangers Corp.) Two Pennsylvania Plaza New York, NY 10121 Dear Jim:
Employment Agreement • September 3rd, 2026 • MSGS Spinco, Inc. • Services-miscellaneous amusement & recreation

This letter agreement (the “Agreement”), effective as of the closing of the spin-off of MSGS Spinco, Inc. (to be renamed MSG Rangers Corp., the “Company”) from Madison Square Garden Sports Corp. (to be renamed MSG Knickerbockers Corp., “MSGK”) (the “Effective Date”), will confirm the terms of your employment with the Company.