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Sources indicate Taylor was also approached by former Memphis owner Michael Heisley, St. Louis businessman Dr. Richard Chaifetz and a group led by former coach Mike Dunleavy Sr. But none expressed a strong desire to keep the team in Minnesota long-term, sources said. 1500 ESPN

Minnesota Timberwolves, Mike Dunleavy, Michael Heisley, Owners, Richard Chaifetz 

Sean Deveney: #Timberwolves Flip Saunders on Rick Adelman: "He's our coach. I do expect him to be back." Twitter @SeanDeveney

Minnesota Timberwolves, Coaching, Flip Saunders, Rick Adelman 

Saunders said he’s talked to Adelman and he expects him to be back as coach. “I don’t think there are many organizations that can say they have two people associated that have combined for 1,600 wins,” Saunders said. Minneapolis Star-Tribune

Minnesota Timberwolves, Coaching, Flip Saunders, Rick Adelman 

Steve Aschburner: Flip in non-denial denial -- again -- on "Are you done coaching?" FS: "Right now Rick is our coach..." Better firm that up, Wolves. Twitter @AschNBA

Minnesota Timberwolves, Coaching, Flip Saunders, Rick Adelman 

Eight years after being fired as Timberwolves head coach, Flip Saunders returned to the team Friday morning when he was introduced as the new president for basketball operations. Saunders, 58, replaces David Kahn, who was fired by owner Glen Taylor on Thursday. He received a five-year contract and will also be a limited partner in the team’s ownership group, Taylor said. Minneapolis Star-Tribune

Minnesota Timberwolves, David Kahn, Owners, Flip Saunders, Glen Taylor 

Chris Mannix: Timberwolves owner Glen Taylor says "I have made the decision not to sell the team." Says he has offered to buy limited partners out. Twitter @ChrisMannixSI

Minnesota Timberwolves, Owners, Glen Taylor 

Has anything been decided with Rick yet? David Kahn: Not to my knowledge, no. And I think it’s a little premature still. I think people are positioning it as a decision. There’s no doubt in my mind that Rick Adelman wants to come back, hopes to come back and we’re all optimistic he will come back. We’re all similarly hopeful that his wife does not have another medical emergency that would prevent him from doing so. Minneapolis Star-Tribune

Minnesota Timberwolves, Coaching, David Kahn, Rick Adelman 

What are your emotions, reactions? Did it catch you by surprise? David Kahn: A little bit. I would say a mixture of disappointment, sadness and frankly a little bit of relief. Q. Why relief? David Kahn: I’ve been in a lot of hospital rooms the last 14 months. This has been an unbelievable challenge, the injuries we’ve had, starting with Ricky that night in March (2012), it just never stopped. And then when Rick’s wife took ill and he had to miss some time, you just never anticipate living your life this way where you’re constantly receiving bad news: Players missing time, coach missing time. It was just a really hard last 14 or so months. Minneapolis Star-Tribune

Minnesota Timberwolves, David Kahn 

Did you handle the contract extension with (Kevin Love) well? A. We handled it the best way we can, and of course I handled it per instructions from the owner. Glen and I talked about it at length. I think it actually took me some time to tell Glen it was imperative he receive max money. The only issue, the only quibble came down to that last year and as I’ve said countless times, for us the danger was if you commit for five years, you’re really committed for six because of the lockout year, which he was playing. It’s an awfully long time to string a contract out with all the variables that can occur mostly due to injuries and oftentimes to big men. That was it. I think Kevin really had his heart set on a fifth year. I think his friendship with Russell Westbrook (who signed a five-year deal with OKC) made it difficult to accept, but that’s why I also prevailed upon Glen that we should relent and give him a third-year option so he felt like he was winning something too. In every compromise it’s important for both sides to walk away with something that was valuable to have. That’s what that was all about. I never had any problems offering that third year option. I thought it was the right thing to do. Minneapolis Star-Tribune

Minnesota Timberwolves, David Kahn, Kevin Love 

David Kahn: Darko, we played Darko. Kurt Rambis and Dave Wohl both were big proponents of making the trade. And once we obtained Darko, I could see what they were talking about. Darko has enormous skills. Both Kurt and Bill Laimbeer played the big-man position in the league and they felt if it ever worked out for him psychologically, he could be one of the top three or four centers in the league. And gain the risk point was quite low when we made the trade and even the contract we gave him that many people talked about was really no more than what a backup center gets in our league this days, about $4 million a year. We didn’t pay him as a starting center even though we had him ticketed as our starting center. So I think there were some reasons to do it and I recognize those reasons even today. One of the things I wished we had done a better job of there was, I only learned after he left, I think there were some family pressures. He had so many visitors, so many family members here at times, there was a lot of pressure and stress in his life that maybe it would have helped to overcome. Minneapolis Star-Tribune

Minnesota Timberwolves, Darko Milicic, David Kahn 

Why did you guys like Flynn so much over Curry? David Kahn: Well, Curry didn’t visit (before the draft). That hurt because whenever you’re building consensus amongst all staff it’s hard when you don’t have a player visit for that reason alone and he wouldn’t visit. I’d only been there for two weeks. I couldn’t do anything about that. Flynn had leadership abilities at first blush. He was very dynamic, charismatic. You could see it his rookie season. The kid had a lot of confidence, plays bigger than he is. He just got hurt. He got hurt. He had a pre-condition nobody knew about his hip. During his recovery period, he knew something was wrong but he didn’t tell anybody it, there was a feeling of impingement in there (in his hip) and never described to trainers at Syracuse how deep it was. It really has hurt his career. I hope he recovers from it. He’s still a very young player. I remember Bill Laimbeer in a staff meeting before Jonny’s first season likening Jonny to Isiah Thomas. People like to sort of pile on after they have information that proves their point, but there wasn’t this kind of piling on the poor kid that year. There were a lot of people who liked him a lot. He had a lot of explosion that went away. Minneapolis Star-Tribune

Minnesota Timberwolves, Jonny Flynn, David Kahn, Stephen Curry 

Did you change your scouting system after not identifying Kenneth Faried in the 2011 draft? David Kahn: Yes. When I arrived, there really was no scouting database to speak of. When I asked list of top 10, top 30, top 40, nobody kept a list. It was kind of unbelievable to me. There was no infrastructure. And second year, one of things that hurt us was Fred Hoiberg, who I kept and I like a lot, ran the scouting but he left for Iowa State in May. We brought Tony Ronzone in, he was intended to supplant Fred. He’d be an additional body to Fred, his own skill set, largely international basketball, USA Basketball and other things. Fred left and we didn’t have somebody leading it those last few weeks heading into that draft. That’s two years in a row where we had change leading into draft period. Going into the 2011 draft, I tried to change system but it just didn’t implemented the way I wanted. We went to a system with scouts watching players play on numerous occasions as opposed to just once or twice, hopefully getting a much more meaningful understanding of their skill sets. We started to require scouts to come to meetings in January and February with clear opinions who should be funneled into a shorter list. We did that this past draft, I just felt I had to take control if we really wanted to make a change. We emphasized regional scouting and cross-checking and put a much more heightened emphasis on analytics and background research. Minneapolis Star-Tribune

Minnesota Timberwolves, David Kahn 

Flip Saunders has officially signed a multi-year deal to become pres. of basketball ops with an ownership stake in Timberwolves. Twitter @WindhorstESPN

Minnesota Timberwolves, Owners, Flip Saunders 

Dan Barreiro: Flip Saunders confirms to me that he has signed multi-year agreement to become Pres of Bball operations, minority owner of Wolves. Twitter

Minnesota Timberwolves, Owners, Flip Saunders 

The Minnesota Timberwolves today announced that the team has declined to exercise the one-year option in David Kahn's contract for the 2013-14 NBA season, and as a result, he will not return as President of Basketball Operations. Kahn was originally hired by the Timberwolves on May 22, 2009. NBA.com

Minnesota Timberwolves, David Kahn 

"We want to thank David for all of his efforts the past four years with our basketball team," said Timberwolves owner Glen Taylor. "These are always difficult decisions, but at this time, we believe it is in the best interest of our organization to make a change. We wish David all the best in the future." NBA.com

Minnesota Timberwolves, David Kahn, Owners, Glen Taylor 

Ken Berger: With Kahn out, details on an agreement making Flip Saunders the team president are being finalized, league source says. Twitter @KBergCBS

Minnesota Timberwolves, David Kahn, Flip Saunders 

Jon Krawczynski: Kahn to AP: "I dont think it's appropriate to say whehter it's fair or not. very grateful for opp that Glen gave me." Twitter

Minnesota Timberwolves, David Kahn, Owners, Glen Taylor 

Jon Krawczynski: Kahn to AP: "It's a team that's well positioned now. And i'm very proud of all the accomplishments that have occurred." Twitter

Minnesota Timberwolves, David Kahn 

Jon Krawczynski: Kahn to AP: "I've taken a lot of bullets for the team and will continue to do so. I'm happy to do it. That's what we're hired to do." Twitter

Minnesota Timberwolves, David Kahn