James Dolan Says He Has 'No Plans Whatsoever' to Sell Knicks or Rangers

New York Knicks and New York Rangers owner James Dolan said Friday that he has no intention of selling either team.

"I have no plans whatsoever to sell at this point," Dolan said when asked if he would sell if the right offer came along, per ESPN's Tim Bontemps. "I'm not retiring anytime soon. It's a family-controlled asset, so someone in the family will own it."

Dolan, executive chairman and CEO of Madison Square Garden Sports and Madison Square Garden Entertainment, has been in charge of the NBA and NHL franchises since the 1990s.

The Knicks haven't won an NBA title since 1973 and haven't reached the NBA Finals since 1999 when they fell to the San Antonio Spurs in five games. The Rangers, on the other hand, have found more success, reaching the Stanley Cup Final in 2014, but they haven't won a title since 1994.

Both teams also don't appear to be legitimate title contenders this year, though the Rangers have a better chance. The Knicks sit seventh in the NBA's Eastern Conference with a 27-23 record, and the Rangers sit third in the NHL's Metropolitan Division with a 26-14-8 record.

Rumors surfaced over the summer regarding Dolan exploring a sale of the teams, but MSG quickly rebuffed those reports with a statement saying there were no plans to sell either team.