To the extent that a Louisville franchise would encroach on the territory of the Indiana Pacers and their league-approved 150-mile marketing radius, that risk might seem excessive to Herbert Simon, the NBA’s longest-tenured owner. An NBA source said Thursday that Simon would surely fight expansion in Louisville or Cincinnati, and that his influence on his fellow owners could be hard to overcome. A Pacers spokesman referred questions along those lines to the league.
The price tag on the Target Center renovations increased to at least $138 million with the addition of at least $9 million from the Minnesota Timberwolves and Lynx owner, the professional basketball teams announced in a news release Tuesday.
The latest infusion from Timberwolves-Lynx owner Glen Taylor will go toward fortifying the building’s Wi-Fi, new seats, a new railing in the lower bowl, more digital signs and a new skyway off the back of the arena. Taylor, who also owns the Star Tribune, will contribute another $9 million to $12 million.