HoopsHype Glen Taylor rumors

May 28, 2014 Updates

Minnesota Timberwolves owner and printing company billionaire Glen Taylor has signed a purchase agreement to buy the Minneapolis Star Tribune. The Star Tribune reports publisher Mike Klingensmith wrote in an internal company memo that Taylor and the newspaper's owners signed the agreement Wednesday. St. Cloud TIMES

May 25, 2014 Updates

Timberwolves owner Glen Taylor interviewed Dave Joerger for 2½ hours on Saturday, the next step toward the Memphis Grizzlies coach and Minnesota native becoming the team’s 11th head coach. Taylor smiled when later asked about a meeting that brought two small-town Minnesotans from separate generations together. “Real good,” Taylor said. Minneapolis Star-Tribune

The Timberwolves decided on Joerger as the replacement for Rick Adelman on Saturday night after the Minnesota-born Grizzlies coach met with team leadership, including owner Glen Taylor, two people with knowledge of the situation told The Associated Press. Joerger, who went 50-32 in his first season as coach of the Grizzlies and helped the team to the seventh seed in the Western Conference playoff field, is still under contract for two more years in Memphis. But owner Robert Pera is believed to be considering a coaching change after he recently fired CEO Jason Levien and director of player personnel Stu Lash, and it remained unclear just how much the Timberwolves want to give to the Grizzlies for a coach many presume could be fired any day. NBA.com

May 22, 2014 Updates
May 21, 2014 Updates

Other reports have said the Wolves' front office could be interested in moving Love. However, Wolves owner Glen Taylor told the Pioneer Press that was not the team's plan. Radio host Mike Max joked with Newton about whether he received any trade offers as he walked off the Times Square stage in New York City. "Actually, I haven't had any offers. I'm waiting!" Newton said with a laugh. St. Paul Pioneer Press

May 19, 2014 Updates

Marc J. Spears: NBA started charge seeking to terminate Sterling's LAC ownership. If the BOG sustains a 3/4 vote, all ownership interests in LAC terminated. If terminated LAC will be sold to new owners. Sterling has opportunity to respond to charge by 5/27 & right to appear and make presentation. This hearing, planned for 6/3, will be presided over by NBA Board of Governors Chairman Glen Taylor, the Timberwolves owner. Twitter @SpearsNBAYahoo

April 30, 2014 Updates
April 29, 2014 Updates
April 18, 2014 Updates
April 13, 2014 Updates

Taylor and David Kahn, then president of basketball operations, decided in January 2012 to offer Love a four-year contract extension rather than the five-year maximum “designated player” deal that Love wanted. To convince him to sign, they offered the option of becoming an unrestricted free agent after three years. Taylor was asked if he now considers that decision a big mistake. He paused before answering. “Let’s wait one more year to answer that question,” Taylor said. “I think it’s a good question to ask at this point because Kevin has played as well as we hoped, and maybe even better. To have him tied up long probably would be better than not, but we still have one more year and we’ll see. My hope is it doesn’t make any difference, that Kevin can get the money one way or another and we’re in position to do that.” Minneapolis Star-Tribune

April 12, 2014 Updates
April 1, 2014 Updates

Minnesota business magnate Glen Taylor has made a formal offer to acquire the Star Tribune, which would add the state’s largest newspaper to his holdings of more than 80 companies. Taylor said in an interview Tuesday that he made a cash offer as an individual without any other investors. He declined to say how much he has offered to pay. “It isn’t that I’m interested in going around and buying papers in other parts of the country,” Taylor said. “I’m interested in this one because it’s a Minnesota paper.” Minneapolis Star-Tribune

If Taylor acquires the Star Tribune, he said he won’t take on a managing role with the company, although he might put a family member on the board. He also said the management would remain the same. Minneapolis Star-Tribune

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