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Madison Square Garden Rebuts Reports That James Dolan Is Selling the Knicks

Tony Owusu

In what could either be construed as good or bad news for Knicks fans, Madison Square Garden Co. officially rebutted reports that chairman and Knicks owner James Dolan has been courting offers for the NBA franchise. The Knicks franchise is the NBA's most valuable, with a Forbes' valuation of $4 billion.