Updated: The Knicks have released a statement on the report.
“The story is 100% false. There has been nothing. No discussions. No plans to have discussions - nothing.”
Earlier: One of the most-iconic franchises in American sports could reportedly be on the market. That's what Bill Simmons of The Ringer is reporting, anyway.
Simmons reported on his latest podcast that James Dolan is "courting offers" for the New York Knicks. He heard the news at NBA All-Star weekend in Charlotte, North Carolina.
"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," he reports.
If someone offers Dolan a "crazy price" for his NBA team, a deal might happen.
“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,” Simmons added. “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.”
Dolan had admitted in an interview with ESPN earlier in the season that a sale was not out of the realm of possibility.
"I love the Knicks and Rangers, right, but you still have a responsibility to your shareholders. They're not there because they're fans. You don't invest hundreds of millions of dollars in a stock because you're a fan. You do it because you think that the business is going to increase in value, that the stock price is going to go up. You have a responsibility as the guy who runs the place to deliver on that for them, that's being open and transparent. And so in that position, I could never say that I wouldn't consider selling the Knicks. Now, my family is not in that position, and they are the majority shareholders. They hold the majority of the vote. ... As a majority owner, I don't want to sell, either. As the head of the public company, you can't say you can't sell, because then you're telling your shareholders that your own personal feelings about your assets are more important than their money. And they won't invest with you if you do that," he told ESPN.
The Knicks are heading into a major summer, with the franchise reportedly eyeing Kevin Durant, Kyrie Irving and others.
It seems unlikely that Dolan would consider selling the Knicks before we see what happens over the summer, but you never know.