Related Party Transactions (Tables)

9 Months Ended

Mar. 31, 2025

The following table summarizes the composition and amounts of the transactions with the Company’s affiliates. These amounts are reflected in revenues and operating expenses in the accompanying consolidated statements of operations for the three and nine months ended March 31, 2025 and 2024:


	Three Months Ended March 31,				Nine Months Ended March 31,
	2025		2024		2025		2024
Revenues (a)	$	67,704	$	86,944	$	156,825	$	173,419
Operating expenses:

Expense pursuant to the Services Agreement	$	10,383	$	9,131	$	26,836	$	28,557
Rent expense pursuant to Sublease Agreement	1,973		731		7,151		2,233
Costs associated with the Sponsorship Sales and Service Representation Agreements	8,568		7,260		17,209		15,411
Operating lease expense associated with the Arena License Agreements	33,380		35,370		61,472		61,043
Other costs associated with the Arena License Agreements	16,746		16,788		31,565		30,409
Other operating credits, net	(1,135)		(666)		(1,711)		(1,985)

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(a)Primarily consist of local media rights recognized from the licensing of team-related programming under the media rights agreements covering the Knicks and the Rangers.