Taylor told The Associated Press on Friday that he is looking to add a minority partner who could buy a part of the team that includes an option to buy Taylor out after observing the day-to-day operations of running a professional sports team.
Taylor said he has yet to speak to any specific candidates, but made it clear that one of the biggest priorities for him will be a commitment to keeping the Timberwolves in Minnesota.
“I could find somebody to buy the team. That’s not my problem,” Taylor said at his office at Taylor Corp., a privately held printing and marketing giant. “I have to find someone that’s committed to here. It’s always best if it would be a Minnesotan. I’m telling you I don’t know that’s the way it’s going to work out. I haven’t had a lot of Minnesotans step up.”
The timing of this is no accident — next week the Minnesota legislature is set to vote on a plan for renovations and upgrades to the publicly owned Target Center. The amenities include new restaurants, high-end seating and some of the other key things that drive revenue for teams now. We all know the real fans are in the cheap seats, but that’s not where teams get the majority of their income anymore.
Taylor is not very subtle with his message — there are a host of people willing to pay for a team they can move to San Jose or Seattle or other cities out there. If we don’t get this renovation and a next owner, I don’t know what is going to happen.
Taylor does not want to just sell the team to anyone. Former senators are not the kind of people to generally sell out their state. And he has no plans to completely sell in the near future. But Minnesota has been put on notice.
MEMPHIS, Tenn. (AP) — The Memphis Grizzlies will own and run the NBA Development League’s newest team starting with the 2017-18 season.
The Grizzlies and the NBA Development League announced the expansion team Tuesday.
The newest D-League team will play in Southaven, Mississippi, which is just 20 miles south of Memphis. The arena already hosts the Mississippi Riverkings in the Southern Professional Hockey League.
The move makes the Grizzlies the 19th NBA team owning and running a D-League affiliate, which expands the league to 23 teams for the upcoming season.
The Grizzlies have been affiliated with the Iowa Energy, whom were just bought by the Timberwolves. Memphis eneral manager Chris Wallace says the D-League team will practice at the Grizzlies’ facilities at FedExForum and allow Memphis to best develop young players.
Report: Kyle Lowry’s Philadelphia area home was burglarized by jewelry heist ring
Kyle Lowry is a gold medalist from Rio and a Toronto All-Star (and should be again this season), but at heart he is a Philly guy. He was born and raised in Philadelphia, and went to college right there at Villanova. He still has a home in the area.
A multi-million dollar jewelry burglary ring is cracked in the Delaware Valley as investigators are trying to recover all the jewels stolen from victims, including an NBA star player….
The Main Line home of Toronto Raptors’ Kyle Lowry was hit, police sources said.
Responding to an email from CBS3, a spokesman for the Raptors said Lowry, a former Villanova basketball standout, politely declined comment for this story.
Lowry was far from alone in being targeted, and a couple of people who fell victim to the ring lost more than $500,000, according to the report.
The crew had ties to a shop on “Jewelers’ Row” in the city, which served as a front for the ring tried to move millions of dollars in stolen jewelry, according to the report. Wasim Shazad, the owner of the shop, was arrested but is now out on bail as he moves through the legal process.
NBA: Timberwolves got away with defensive three-second violation on pivotal stop in win over Nuggets
To the delight of the Trail Blazers, Pelicans, Kings, Timberwolves themselves and any other Western Conference team with playoff designs, Minnesota knocked off the eighth-place Nuggets on Sunday. Denver is now just a half game up for postseason position.
But perhaps the Nuggets would have more breathing room if the game featured correct officiating down the stretch.
Towns (MIN) is in the paint without actively guarding an opponent for longer than three seconds.
Towns is clearly matched up with Nikola Jokic, but the rules require Towns to be “within arms length of an offensive player and in a guarding position.” Towns is playing too far off Jokic to qualify.
Danilo Gallinari got away with travelling one second later, but a correct call would’ve stopped play and given any Denver player on the court – likely Gallinari, who’s shooting 89% from the line this season and 86% – a single free throw. Then, the Nuggets would’ve taken the ball out of bounds with a fresh chance to score.
Instead, with Towns covering the paint, Minnesota forced a miss and grabbed the defensive rebound. Denver began intentionally fouling, and the Timberwolves escaped with a 111-108 win that altered wide-open chase for the No. 8 seed in the West.
Pistons-Kings game delayed for smoke over court (video)