
	Commitments
	June 30, 2027		June 30, 2028		June 30, 2029		June 30, 2030		June 30, 2031		Thereafter		Total

Contractual obligations	$	11,688	$	11,487	$	10,834	$	10,442	$	3,466	$	—	$	47,917
Letters of credit	18,169		—		—		—		—		—		18,169

Total commitments	$	29,857	$	11,487	$	10,834	$	10,442	$	3,466	$	—	$	66,086

See Note 8. Leases for more information regarding the Company’s contractually obligated minimum lease payments for operating leases having an initial non-cancelable term in excess of one year for the Company’s venues and corporate office. These commitments are presented exclusive of the imputed interest used to reflect the payment’s present value.

See Note 12. Pension Plans and Other Postretirement Benefit Plans for information on the future funding requirements under our pension obligations. Pension obligations have been excluded from the table above as the timing of the future cash payments is uncertain.

On April 20, 2023, a subsidiary of the Company, MSG Entertainment Holdings, LLC (“MSG Entertainment Holdings”), entered into a delayed draw term loan facility (the “DDTL Facility”) with Sphere Entertainment. Pursuant to the DDTL Facility, MSG Entertainment Holdings committed to lend up to $65,000 in delayed draw term loans to Sphere Entertainment on an unsecured basis until October 20, 2024. On July 14, 2023, Sphere Entertainment drew down the full amount of $65,000 under the DDTL Facility. On August 9, 2023, Sphere Entertainment repaid the full principal amount of the DDTL Facility and accrued interest and commitment fees by delivering 1,923 shares of the Company’s Class A common stock held by Sphere Entertainment, as permitted as payment under the DDTL Facility.

The Company is a defendant in various lawsuits. Although the outcome of these lawsuits cannot be predicted with certainty (including the extent of available insurance, if any), management does not believe that resolution of these lawsuits will have a material adverse effect on the Company.