Andrew Lustgarten is President and Chief Executive Officer of Madison Square Garden Sports Corp. (MSG Sports), a leading professional sports company with a premier collection of assets.
Mr. Lustgarten is responsible for setting the overall business strategy and overseeing the day-to-day operations for the Company’s sports franchises, featuring the New York Knicks (NBA) and the New York Rangers (NHL). In addition, the Company’s properties include two development league teams – the Westchester Knicks (NBAGL) and the Hartford Wolf Pack (AHL) – as well as Counter Logic Gaming, a North American esports organization, and Knicks Gaming, an NBA 2K League franchise. Mr. Lustgarten also leads efforts to advance the Company’s business, including pursuing new initiatives to enhance these sports brands, as well as identifying opportunities for growth.
Along with his role at MSG Sports, Mr. Lustgarten serves as President of Madison Square Garden Entertainment Corp. (MSG Entertainment), which became a standalone company in April 2020 when The Madison Square Garden Company (MSG) separated its entertainment and sports businesses through a spin-off transaction. MSG Entertainment’s portfolio features a wide array of venues and entertainment brands, including Madison Square Garden – home to the New York Knicks and New York Rangers.
Before the spin-off, Mr. Lustgarten served as President of the combined MSG for more than two years. Prior to this, he served as MSG’s Executive Vice President of Corporate Development, during which time he played a critical role in overseeing various transactions and investments that diversified the Company’s sports and entertainment portfolio.
Prior to joining MSG, Mr. Lustgarten spent seven years at the National Basketball Association, where he served as Senior Vice President, Global Strategy, and before that, Special Assistant to the Commissioner. He played a key role in negotiating the league’s landmark media rights deals in 2014 and its collective bargaining agreement. He also oversaw the NBA’s global strategy group, as well as several strategic initiatives, including the league’s revenue sharing plan and external investment in NBA China. Prior to joining the NBA, Mr. Lustgarten worked at Cablevision Systems Corporation in finance and in investment banking at Bear Stearns & Co.
In March 2014, Mr. Lustgarten was named to Sports Business Journal’s Forty Under 40 list of the most influential executives in sports. He serves on the board of governors for the National Basketball Association and the National Hockey League and is on the board of directors of Tao Group Hospitality, Boston Calling Events, and Counter Logic Gaming. He is also on the board of the Garden of Dreams Foundation, a non-profit organization that works closely with all areas of MSG Sports and MSG Entertainment to assist young people in need. Mr. Lustgarten is Chairman of the board of the Lustgarten Foundation for Pancreatic Cancer Research, which as the nation’s largest private supporter of pancreatic cancer research, has directed more than $188 million to research and assembled the best scientific minds to help find a cure.
Mr. Lustgarten earned an M.B.A. from Columbia Business School, with concentrations in finance and management, and received a Bachelor’s degree in Economics from the University of Pennsylvania. He lives in New York with his wife and three children.