Glen Taylor Rumors
Garnett said he’s enjoying doing Area 21, but doesn’t know what his future holds. He’s pursuing various business ventures and said he’d love to go into ownership or management at some point, including with the Minnesota Timberwolves, where he spent the majority of his Hall Of Fame career, with one caveat: He wouldn’t want to do it with the current ownership group. “I don’t want to be partners with Glen [Taylor], and I wouldn’t want to be partners with Glen in Minnesota,” he said. “I would love to be part of a group that buys him out and kind of removes him and go forward.”
The absentee approach has led to tension between Pera and his minority owners, sources said. Kaplan tried to extricate himself from the situation a year and a half ago when he entered into negotiations with Timberwolves owner Glen Taylor to join the team as a minority partner with the intent on one day purchasing a majority stake in the franchise. But that agreement fell through, the second time Kaplan has missed out on a chance to become the lead owner of an NBA franchise. He was outbid by Tony Ressler for the Atlanta Hawks in 2015.
The Athletic sat down with Timberwolves owner Glen Taylor for a wide-ranging interview. Here is the story from Part I of the conversation. Part II will run on Monday and focus on Taylor reflecting on his long run as NBA Chairman of the Board, which ended this fall. In a league where the franchise values are skyrocketing to almost unfathomable levels, Minnesota Timberwolves owner Glen Taylor says he is in no hurry to cash in.
The Timberwolves did not announce terms of the deal, but owner Glen Taylor told The Associated Press in August that he offered Wiggins a five-year, $146.5 million extension. “I’m very excited to continue my career with the Timberwolves,” Wiggins said in a statement released by the team. “I love it here. The fans and organization have supported me from my first day here in Minnesota. I want to thank Glen Taylor, Tom Thibodeau, the entire coaching staff and my teammates for believing in me. We’ve had some good times over the last three seasons, but the best is yet to come. I look forward to doing right by them and bringing this team to the postseason.”