Dolan To Sell Knicks. New york knicks owner james dolan instructed security to detain a fan who told him to sell the team after saturday's loss to the sacramento kings. The fact that it is a family business makes it unlikely that he would sell unless he got an offer that was too good to refuse.
New york knicks owner james dolan inherited the team from his father. James dolan was quoted back in december as saying that he would not rule out selling the knicks if the right offer came along, and that he had seen feelers in the $5 billion range. Dolan is the same guy who spent $100 million in.