Glen Taylor Timberwolves

Timberwolves owner Taylor finds successor to buy team


Timberwolves owner Glen Taylor said he wanted to sell the team but he wanted someone who could take the team over slowly in phases and would not move the team out of Minnesota. Not a lot of billionaires fitting that bill.

But apparently he has found one, he told the Star Tribune.

Glen Taylor, who has owned the Timberwolves for 18 seasons and the Lynx for 13, has found the successor he has been looking for. In the near future, Taylor will close a deal to sell 25 percent of the franchises, and eventually the new owner will own the majority.

This is good news for Timberwolves fans because the new owner has promised he will not move the team (and will sign papers saying this).

We don’t know the identity but the potential new owner is not a Twin Cities resident, Taylor said.

“Yes, I have [found a buyer], and we’re working on trying to put a deal together, and it would be a deal that would leave me involved for a number of years yet, but it would be a good transition,” Taylor said Sunday.

“I will be an owner for a number of years but gradually bring in a partner, if this would work out. I’d bring in a partner and … we’d work together. In the initial years, he would have less than 50 percent and then in the later years he would have more than 50 percent and would have the ownership.”

The Timberwolves have been among the teams losing money in the league year-over-year. How much the new CBA changes that remains to be seen. So does how the T-Wolves will deal with a young roster that has the potential to be good but will demand larger paychecks down the line.

Khris Middleton dunks, Jimmy Butler can’t stop him (VIDEO)

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Khris Middleton has more expectations and more pressure on him after a breakout season in Milwaukee, followed by him getting him PAID this summer.

Well, he looked pretty good on this play against the Bulls, making the steal then throwing down despite Jimmy Butler‘s efforts to stop him.

Middleton finished with 10 points on 5-of-7 shooting for the Bucks. However, Butler had the last laugh as he went off for 23 points on 12 shots and led the Bulls to the (meaningless) preseason win.

Somebody looks comfortable: Paul George drops 20 in first quarter

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Paul George‘s first experience starting as a power forward was going up against Anthony Davis — not just one of the best power forwards in the game, one of the handful of best players in the game period. That didn’t go well for George, and he wasn’t happy about it.

His second experience was in another preseason game Tuesday, going up against the Pistons and their four, Ersan İlyasova. He’s not quite as intimidating.

George scored 20 points on 7-of-8 shooting, 4-of-5 on threes — and that was just the first quarter (you can see it all in the video above).

As we have said before, George at the four is not a bad call by the Pacers, but some of that depends on the matchup. On the nights the Pacers face Davis or Blake Griffin or LaMarcus Aldridge or Zach Randolph (or a handful of others) the Pacers’ coaching staff is going to have to adjust. But there are a lot of nights where George at the four is going to force the other team to adjust, and that will play into the Pacers’ hands.