The owner of Minnesota Timberwolves Glen Taylor has put the team up for sale after 25 years in the team’s investment group.
Among other things, the former wolf legend Kevin Garnett pulls the strings to buy the team.
According to Charley Waters via twincities.com::
“In basketball circles it is said that Kevin Garnett Group that wants to buy the Timberwolves from Glen Taylor These include two billionaires from California and another from Florida. Garnett’s investment is said to be $ 200 million and he would take over
Basketball operation with the authority to designate the GM and the coach. The offer price is expected to be $ 1.2 billion, including the Lynx. “
Taylor is According to reports looking for at least $ 1.2 billion for the team, which according to Forbes is worth $ 1.38 billion.