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James Dolan denies Knicks sale plans

Madison Square Garden Co. Executive Chairman and CEO James Dolan denied reports that the company is planning to sell the New York Knicks LLC.

ESPN.com earlier claimed that Dolan in an interview with the site did not rule out the option of selling the basketball team but he has yet to receive a solid offer. "No one has come through with a bona fide offer," Dolan said in the interview. "I think people have sent feelers out, but never any that were pursued."