Glen Taylor Rumors

Minnesota Timberwolves owner Glen Taylor said Monday that he is ready to commit nearly $150 million to Andrew Wiggins with a max-level extension of his rookie contract. Before he does so, Taylor wants to sit down face-to-face with Wiggins to hear the former No. 1 overall pick commit to the franchise in a similar fashion.
Storyline: Andrew Wiggins Extension?
Taylor spoke with Wiggins when the two attended assistant coach Ryan Saunders’ wedding in July, but the owner is looking for a little more substance before they close the deal. Wiggins’ agent, Billy Duffy of BDA Sports, is expected to arrive in town next week to continue the discussions, and a five-year, $148 million extension could happen soon after.
Taylor said he wants to hear a commitment from Wiggins to work out often in the Twin Cities in the summer and improve all areas of his game to fulfill the obligations that come with a max deal. “I just think it’s important,” Taylor said. “If a guy is a real star and he really cares about it, which I think he does, I think it’s a commitment. I’m not sure that he wouldn’t do it anyway. But I think that’s part of the negotiations.”
Taylor, who also owns the Star Tribune, said he now owns about 70 percent of the team. Two minority owners are selling their stock, but Taylor’s stock is not available for the foreseeable future. “We have a couple of my limited [owners] that have indicated that they’re going to sell, and we have another limited [owner] that is going to buy them,” Taylor said. “I won’t be selling any of my stock. Whatever I have, I’m keeping.”

Max extension for Andrew Wiggins?

Timberwolves owner Glen Taylor reiterated on Friday that the team is working on signing forward Andrew Wiggins to a five-year maximum contract extension, saying that those discussions are in the early stages. “First of all, I think he likes it here, we like him, he can get the very best contract from me, better than he can get from anyone else,” Taylor, who also owns the Star Tribune, said in Mankato. “I don’t think we have any trouble of offering him the max anyway.”
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