Jon Krawczynski: Sources tell @TheAthleticMIN that the Raine Group approached the Vikings to inquire about interest purchasing the Wolves a few months ago. There were initial discussions, but there are no active talks with the Wilfs/Vikings about the Wolves at this time
Jon Krawczynsky: Sources also tell @TheAthleticMIN that the Vikings ownership group very much wants the Wolves to stay in Minnesota. But the Vikings are not currently engaged on buying the team.
The Wilf family that owns the Minnesota Vikings has emerged as a serious candidate to buy the Minnesota Timberwolves, NFL sources told ESPN. Only recently did the Wilfs emerge as one of the groups bidding to buy the NBA team in their city from billionaire Glen Taylor, sources said. There are several bidders for the team, including metropolitan New York real estate developer Meyer Orbach, who bought a minority stake in the Timberwolves in 2016. Former Timberwolves standout Kevin Garnett also said he is forming a group to try to purchase the team.
But the Wilfs appear to be in a prime spot at this time to buy the Timberwolves, though a decision on the sale might not be made until September, sources said. Taylor has owned the team since 1994, when he bought it for about $88 million. He has retained The Raine Group to sell the franchise. He is seeking at least $1.2 billion for the team that has been valued at close to $1.4 billion.
Christopher Hine: Just got off the phone with Glen Taylor. Taylor mentioned one interested family from out of state is further along in the process of buying the team than others. Said he wasn't sure which group Kevin Garnett was attached to.
Darren Wolfson: I talked to Glen for 15ish minutes earlier this hour. We'll have a sound byte on @KSTP at 6:55. He did mention some groups talking to him about remaining on, thus he can help protect his guys in the organization. Will post full chat when editing computer frees up. #Timberwolves
Kevin Garnett: My passion for the Minnesota Timberwolves to be a championship team is well known but I have a deeper affection for the city of Minneapolis. I once again want to see Minneapolis as the diverse and loving community that I know it is. No two people love the city more than myself and Glen Taylor and I look forward to trying to work with him to achieve my dream.
Shams Charania: For Garnett, this bid is personal because of his stature within the franchise. Garnett wants to purchase the team and keep it in Minnesota, sources said. Glen Taylor told @JonKrawczynski that keeping the franchise in Minny is a requirement.
Shams Charania: Kevin Garnett and his group are preparing a bid to submit to Glen Taylor to purchase the Timberwolves, sources tell @TheAthleticNBA @Stadium.
Jon Krawczynski: Glen Taylor says he thinks the Timberwolves and Lynx will remain under one house should a sale happen. "The way I run it, it's all one thing. I would assume we would want to keep it that way and make it more efficient."
Shams Charania: NBA/Timberwolves legend Kevin Garnett and a group of investors are seriously interested in and exploring bid for Minnesota T’Wolves from Glen Taylor, sources tell @The Athletic @Stadium.
Christopher Hine: As @John Meyer pointed out, Kevin Garnett posted to his Instagram story that he’s involved with a group trying to buy the team
Jon Krawczynski: Glen Taylor to @TheAthleticMIN on potential Wolves sale: "People have inquired who are interested but they want to move the team. They are not a candidate. We’ve made that very clear."
The Minnesota Timberwolves are for sale. Billionaire owner Glen Taylor has retained The Raine Group to sell the franchise he’s owned since 1995, according to three people with direct knowledge of the matter. There are several parties who have bid on the team, two of the people said. A deal could be completed within a month, one of the people said.
Taylor, who bought the team for about $88 million, didn’t want a public auction and instead opted to ask Raine to find a buyer without the usual fanfare that accompanies a franchise sale, said the people, who were granted anonymity because the matter is private. The sale isn’t related to financial hardship created by the COVID-19 pandemic, one of the people said.
December 7, 2021 | 10:32 am EST Update
This preseason’s trade talks between Portland and Philadelphia never advanced beyond early framework discussions, sources told B/R. Olshey believed the Blazers were constructed well enough to compete in the Western Conference and had little interest in parting ways with McCollum.
Yet there still remain internal concerns about Lillard’s future in Portland. The last month of investigations and the team’s poor record—now 11-14 following Monday’s night’s loss to the Clippers—combined with mixed feelings about Billups’ leadership strategy, all while Lillard has struggled with a serious abdominal injury, has left an unsettled feeling among Blazers personnel despite Lillard’s unwavering public commitment to the organization. A lot of work lies ahead.
Shams Charania: Sources: Beginning Jan. 15, any NBA player who is not fully vaccinated will be unable to enter Canada to play games in Toronto. Canadian government will require all individuals entering Canada to be fully vaccinated.
Lauren Rosen: Tobias Harris (@Tobias Harris) on his teammates following last night’s W: “We all genuinely care for the next guy… It’s a great group of guys. Everybody gets along. We genuinely want to win for each other.” pic.twitter.com/QnQXzovz5u
“Long story short, I said I don’t want to do this anymore,” Hezonja recalled. “Initially I said I’m gonna have a whole year for myself. I want to get my groove, just basically all the passion back. Because it was draining and I felt like the person it’s impossible to drain it, but of course, when a lot of BS is happening and a lot of negativity, even the biggest ones get drained. So it was unfortunate, but I went back at it. And then, the call from PAO.”