There are rumblings that New York Knicks owner James Dolan could be seeking offers to buy the team, but Dolan refutes these reports.
According to Bill Simmons of The Ringer, the chatter around NBA All-Star weekend centered around James Dolan and his supposed intention to sell the New York Knicks.
On his podcast, Simmons spoke about the growing belief that Dolan is looking for an offer.
“Multiple people told me this, who know things. James Dolan is courting offers for the Knicks,” Simmons said. “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.”
“This is what I’ve pieced together. [Dolan] really cares about the buildings and the in-game/in-concert experience. And he wants to put even more money into that. The Knicks are just a pain in the a–, people s–t on him for it. He feels if he can just sell the Knicks for some crazy price, then he can put the money into that music/in-game experience stuff that he cares about. So, the Knicks are available.”
Simmons is well-connected throughout the league, but the Knicks and Dolan are refuting his report. The Knicks released a statement to the media regarding the report.
https://twitter.com/ShamsCharania/status/1097572365943427072?s=20
This isn’t the first time a possible sale has been brought up recently. In an interview with Ian O’Connor of ESPN, Dolan said that he would consider selling the team, but no one had approached him with a “bona fide offer.”
At this point, this seems like speculation more than anything. Every year there are rumblings and reports that Dolan is looking to sell the team. Every year these reports turn out to be false. We shall see if this time will be any different.
