727 shifting into Park question

BornNaked said
Where are the gates that lock the shifter? Do I need to pull the center console to adjust?

Below the shift handle

https://www.coperacingtrans.com/?product=crt-shift-r-gate-66-70-floor-shifter-copy
Try just unscrewing the knob a turn at a time from down.
You'll find different ranges of movement with knob at different heights.