Kevin Garnett hasn't played in the NBA since 2016, but for more than five years, he's been eyeing an ownership role with the Minnesota Timberwolves. Taylor said on WCCO radio that he expects the WNBA's Minnesota Lynx team to remain as a part of the same ownership group. A potential buyer's group including Kevin Garnett is out of the process to buy the Minnesota Timberwolves. In Garnett’s Instagram story on Thursday, he wrote that he “got the news that the process in trying to acquire the Timberwolves was over” for him and his group. Minnesota Timberwolves owner Glen Taylor was considering a sale of the team, and Garnett was reportedly interested in putting a group together to buy it. Another group has entered the Minnesota Timberwolves ownership sweepstakes. According to ESPN, the Wilf Family has emerged as a top candidate to buy the NBA franchise from billionaire Glen Taylor. "Just got the news that this process in trying to acquire the TWOLVES IS OVER for me n my group," Garnett said. It appears Kevin Garnett won’t be involved in any potential sale of the Minnesota Timberwolves. Minnesota native Glen A. Taylor enjoys the privilege of being one of the state’s richest men, a status he’s earned from a 6-decade long career that’s taken in industry, politics, media and sport. Moments such as this always create some anxiety for a basketball operations department, with decision-makers wondering if a new ownership group will overhaul a front office. The Minnesota Timberwolves are for sale, and franchise icon Kevin Garnett is part of a group of investors looking to buy the team, the Hall of Famer announced Tuesday. The Minnesota Timberwolves could be under new ownership before the fall. Unfortunately, Garnett’s group is now out. Glen Taylor has held a majority ownership stake of the Minnesota Timberwolves since 1994 and the Minnesota Lynx since 2002. Whatever the case may be, it is clear that a change in ownership in Minnesota appears to be forthcoming. Could one of the most interesting NBA developments of 2020 involve the transfer of ownership of the Minnesota Timberwolves to a group that includes Minnesota legend Kevin Garnett? It's no secret that Glen Taylor has thought about selling his stake in the Minnesota Timberwolves for years, but he's never pulled the trigger on a … Timberwolves minority ownership group from China. The best player in Minnesota Timberwolves history is no longer in the running to buy the franchise. MINNEAPOLIS An ownership group led by longtime NBA player Arron Afflalo is putting together an offer to buy the Minnesota Timberwolves, two people with knowledge of the bid said. NBA ownership politics source sports Source Sports | News, Highlights and Interviews TV SOURCE SPORTS: Kevin Garnett’s Bid To Buy The Minnesota Timberwolves Has Been Withdrawn. The Minnesota Timberwolves could be owned by the same group that owns the Minnesota Vikings. On Tuesday afternoon, rumors surrounding Taylor and his future as majority owner of the Wolves and Lynx organization quickly spread after Sportico reported Taylor is looking into selling his stake in the organization. The Hall of Famer shared the news on his Instagram account where he explained that his group is "going to focus on other things." They have only moved past the first round of the playoffs once in three decades. Glen A. Taylor (born April 20, 1941) is an American billionaire businessman who is the majority owner of the An ownership group led by longtime NBA player Arron Afflalo is putting together an offer to buy the Minnesota Timberwolves, two people with knowledge of the bid said. Here's a look inside how he can make that happen. July 14, 2016 By Minnesota News Network. The uncertainty surrounding the potential acquisition of the Minnesota Timberwolves by a minority owner of the Memphis Grizzlies has exposed turmoil within the Memphis ownership group… It’s not necessarily too much of a surprse given the team’s lack of success under Taylor. SOHH 14 hours ago 2 min read. Billionaire Minnesota Timberwolves owner Glen Taylor has put his NBA franchise on the market. The Minnesota Timberwolves are indisputably the worst franchise in NBA history, "boasting" the lowest all-time winning percentage and 8-of-30 seasons with a winning record. Taylor wants to sell the team to an owner willing to keep the Wolves in Minnesota long term. Memphis Grizzlies minority owner Steve Kaplan’s pursuit of a new role in the ownership group of the Minnesota Timberwolves has hit a wall, two people with … A strong case could be made for the Timberwolves as the worst franchise in all of professional sports. The Minnesota Timberwolves are for sale, and franchise icon Kevin Garnett is part of a group of investors looking to buy the team, the Hall of Famer announced Tuesday. Will Minnesota's front-office strategy change? But in 2020, that might be coming to an end. The people spoke to The Associated Press on condition of anonymity Friday because the deal was still in the process of being submitted. MINNEAPOLIS — An ownership group led by longtime NBA player Arron Afflalo is putting together an offer to buy the Minnesota Timberwolves, two people with knowledge of the bid said. Former Timberwolves star Kevin Garnett was also said to have interest in putting together a group to make a bid, but there has been no traction on that front, either, per Windhorst. Taylor said on WCCO radio that he expects the WNBA's Minnesota Lynx to remain part of the same ownership group. An ownership group led by longtime NBA player Arron Afflalo is putting together an offer to buy the Minnesota Timberwolves, two people with knowledge of the bid said. An ownership group led by longtime NBA player Arron Afflalo is putting together an offer to buy the Minnesota Timberwolves, two people with knowledge of the bid said. Former Minnesota and Boston Celtics legend Kevin Garnett confirmed that he and his group were no longer in the process of trying to acquire the team from current owner Glen Taylor.. Garnett took to Instagram to let the public know about the current situation. Timberwolves legend Kevin Garnett expressed on … The NBA’s first Chinese owner said Wednesday that he hopes to use his ties in China to help the Minnesota Timberwolves become a global brand along the lines of the Los Angeles Lakers or New York Knicks. Hall of Famer Kevin Garnett and a group of investors are among those interested in purchasing the Timberwolves from owner Glen Taylor. An ownership group led by longtime NBA player Arron Afflalo is putting together an offer to buy the Minnesota Timberwolves, two people with knowledge of the bid said. Minnesota Timberwolves Jace Frederick Jace has covered a slew of sports since he joined the Pioneer Press in May 2015, but his primary duty is covering high schools. 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. Former NBA guard Arron Afflalo is reportedly heading an ownership group that is hoping to buy the Minnesota Timberwolves.. Several bidders – including Meyer Orbach, who bought a minority stake in the team back in 2016 — are looking to buy the Timberwolves. Last week, Timberwolves owner Glen Taylor announced plans to sell the team after 26 years of primary ownership. But the Timberwolves have a creative and resourceful executive in president of basketball operations Gersson Rosas.
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