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.
August 4, 2021 | 8:51 pm EDT Update
Shams Charania: Free agent guard Raul Neto has agreed to a deal to return to the Washington Wizards, sources tell @TheAthletic @Stadium.
Fred Katz: Here are the 2nd-round picks the Wizards are giving up in the Dinwiddie trade: • Most favorable of CHI/LAL/DET 2022 2nd (to SAS) • Least favorable of WAS/MEM 2024 2nd (to LAL) • WAS 2028 2nd (to LAL) • Most favorable of MEM/WAS 2nd (to BKN) • 2025 GSW/WAS pick swap (to BKN)
LeBron James: Keep talking about my squad, our personnel ages, the way he plays, he stays injured, we’re past our time in this league, etc etc etc. Do me one favor PLEASE!!!! And I mean PLEASE!!! 🙏🏾 Keep that same narrative ENERGY when it begins! That’s all I ask. #ThankYou 👑
August 4, 2021 | 7:30 pm EDT Update
Adrian Wojnarowski: Restricted free agent guard Saben Lee is returning to the Detroit Pistons on a three-year deal, source tells ESPN.
The state Department of Health Services reported that 491 people with confirmed or probable cases said they had attended the Deer District or Bucks game “during their exposure or infectious periods” but the department could not say definitively that they caught the virus while viewing the game downtown or elsewhere. The department also said the figure was likely an undercount. “We anticipated an increase in positive cases due to the delta variant but 155% increase in one week is distressing,”Milwaukee Health Commissioner Kirsten Johnson said.