James Dolan states no plans to sell Knicks amid rising valuation

James Dolan announced there are no intentions to sell the New York Knicks, despite potential offers, including one from Elon Musk. Dolan cited the team's significantly increased valuation as a key reason for maintaining ownership. The announcement comes as the team continues to generate interest and speculation regarding its future. Dolan emphasized that the stock of the team has dramatically increased, reinforcing his decision to retain control.

• 1:12 AMYahoo Sports — "No, I don't think we're going to sell the team... The …