New York Knicks owner explores split of basketball and ice hockey franchises
Potential separation of sporting teams follows busy year for corporate spin-offs
Potential separation of sporting teams follows busy year for corporate spin-offs

Private equity groups and football clubs invited to submit bids to own a team in the new competition

US league looks to reassure potential team owners over slow path to profits

Basketball association appoints US bank and Raine as it seeks to exploit growing interest in the sport across the continent

Buss family exploring sale to Mark Walter that would value basketball team at close to $10bn

US sports team valuations are dwarfing those of European football clubs as investors are drawn to closed league model

Despite fears about what a Mamdani mayoralty might mean, big business continues to invest in the city