The Madison Square Garden Company is denying that chairman and New York Knicks owner James Dolan is courting offers to sell the team.
"There has been nothing. No discussions. No plans to have discussions - nothing," the company said in a statement Monday, according to ESPN's Ian Begley.
The news stems from comments made by The Ringer's Bill Simmons on his podcast Monday, where he suggested, according to his sources, that Dolan was seriously considering selling the Knicks.
"Multiple people told me this, who know things," Simmons said. "James Dolan is courting offers for the Knicks. It's happening. It's on. It's go-time. He's courting offers for the Knicks. That's what I heard at All-Star weekend from people I trust."
Dolan has served as chairman of The Madison Square Garden Company since 1999, when New York last made the NBA Finals. The Knicks currently own the league's worst record at 11-47.