X0306 4 2020-10-08 0 0001636519 Madison Square Garden Sports Corp. MSGS 0000933028 DOLAN JAMES LAWRENCE TWO PENN PLAZA NEW YORK NY 10121-0091 1 1 0 1 Executive Chairman Member of 13(d) Group 0001480991 Dolan Kristin A TWO PENN PLAZA NEW YORK NY 10121-0091 1 0 0 0 Options (Right to Buy) 214.20 2020-10-08 4 D 0 125015 D 2026-04-03 Class A Common Stock 125015 0 D Options (Right to Buy) 235.62 2020-10-08 4 D 0 144245 D 2026-04-03 Class A Common Stock 144245 0 D Options (Right to Buy) 267.74 2020-10-08 4 D 0 179732 D 2026-04-03 Class A Common Stock 179732 0 D Mr. Dolan voluntarily relinquished the awards of stock options in connection with the effective date of a settlement (the "Settlement") of a derivative action filed by a purported stockholder of the Company in connection with certain compensation packages for Mr. Dolan. Mr. Dolan entered into the Settlement solely because it will eliminate the distraction, burden, delay and expense of further litigation involving the claims to be released in the Settlement and will permit the Company to operate without further distraction to and diversion of its directors and executives with respect to the action. The options were originally scheduled to vest in four equal installments on September 15, 2019, September 15, 2020, September 15, 2021 and September 15, 2022. Securities were held directly by James L. Dolan, Kristin A. Dolan's spouse or jointly by James L. Dolan and Kristin A. Dolan. Ms. Dolan disclaimed beneficial ownership of these securities beneficially owned or deemed to be beneficially owned by Mr. Dolan (other than securities held jointly with her spouse) and this report shall not be deemed to be an admission that she is, for the purposes of Section 16 or for any other purpose, the beneficial owner of such securities. Mr. Dolan also voluntarily relinquished the award of performance stock units with a grant date fair value of $10 million in connection with the Settlement. See also note 3. /s/ James L. Dolan 2020-10-09 /s/ Mark C. Cresitello, Attorney-in-Fact for Kristin A. Dolan 2020-10-09