Madison Square Garden's ownership is fluctuating, but don't get too excited Knicks fans, this doesn't mean James Dolan is going away. According to Michael Baxter of X News Press, Elgethun Capital Management sold 1,376 shares during the second quarter, decreasing their stake in Madison Square Garden by 13.3 percent.

This does not change anything in regards to James Dolan. To the chagrin of Knicks fans everywhere, Dolan will still be running the show in New York. Earlier this year, there were rumors that Dolan was considering selling his stake in the team, but those rumors were quickly shot down by Dolan.

Additionally, the franchise was rated as the most valuable franchise in the NBA and seventh most valuable franchise in sports. Even when the franchise isn't a contender (so most of the time), they still make money hand over fist.

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Madison Square Garden is one of the biggest reasons why the Knicks are financially successful. The World's Most Famous Arena is a draw in itself. Players constantly talk about how they love to play there and they relish the opportunity to play on the Madison Square Garden floor. Additionally, basketball fans from all over the world flock to New York to catch a game at The Mecca.

The Knicks are trending upwards with David Fizdale at the helm. Of course, Kristaps Porzingis must come back healthy, but they have their superstar that they can build around. With promising young pieces around him like Frank Ntilikina and Kevin Knox, the Knicks are poised to be competitive again.

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