Contrary to prior speculation, a person close to New York Knicks owner James Dolan doesn't think he'd be willing to sell the team just yet:

“I don’t see him selling because it keeps him relevant,” said a person close to Dolan, according to Frank Isola of The Athletic. “It makes him matter. Maybe at some point, but not now.”

The original report by Bill Simmons of The Ringer suggested “the time is now” and that Dolan could be ready to sell it for some “crazy price” if someone came knocking with an offer. The Knicks quickly shut down that speculation, and this latest report from Isola lines up with that denial.

The Knicks are the highest-valued team, according to Forbes, topping the league at a whopping valuation of $4 billion.

Dolan recently sold the New York Liberty of the WNBA, which could set him up as a warmup to this blockbuster sale. Simmons suggested that Dolan's other interests like the music and in-game arena experience could make him sell the Knicks.

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At 63 years old and after 2o years of ownership, Dolan and the Knicks have yet to bring any hardware to New York. While he's more known for his ownership of the franchise than any other of his business conquests, it has brought him far more criticism than praise in the last two decades.

Dolan could very well be patient when it comes to cashing in on his longtime investment, but if he is indeed ready to sell at one point or another, there are waves of angry Knicks fans waiting for that moment to finally happen.