from my understanding the knob is attached to the shaft.

You have to loosen the shift gate to get it out of the way, not sure about how, then you should be able to undo the screw inside. now would also be a good time to clean all the stuff thats fallen in there over the years.

Screw in the new one and you should be good to go.

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'92 300CE
Metallic Black (Blue Flaked) on Parchment
Clear Corners
94-95 Tail-Lights
Debadged
Black Grille Insert
78.5k Miles

Future Upgrades:
Sportline Suspension
17" AMG Monoblocks or EVO II's
Euro Headlights
Performance Chip
AMG Exhaust

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