Madison Square Garden officials are denying a report in US Weekly Wednesday that troubled golf star Tiger Woods has been holed up in the Oyster Bay Cove estate of Cablevision chief James Dolan.

"It's complete bull -- " said MSG spokesman Barry Watkins. Dolan is chairman of MSG, and chief executive of Cablevision, which owns Newsday. "It's categorically untrue and preposterous on its face."

The report quoted an anonymous source saying Dolan reached out to Woods a week after revelations of the golf legend's extramarital affairs broke following a car accident on Thanksgiving night, and that he invited Woods to stay at the North Shore estate. The weekly also said Dolan has allowed Woods and his wife, Elin, use of a fleet of corporate aircraft, and reported Woods is undergoing counseling at the Dolan home.

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"The entire report is untrue," said Watkins. US Weekly reported that Dolan has in the past helped troubled athletes, including basketball player Vin Baker.

US Weekly spokeswoman Cheryl Crowley said, "We're definitely standing behind our story."