Glen Taylor Timberwolves

Timberwolves owner talking to several prospective buyers


Glen Taylor’s priority in selling the Timberwolves is to find someone who will keep them in Minnesota and is willing to learn the business from him. Said investor would start by purchasing a quarter of the team, then mentor under Taylor as he buys more and more over time until he owned more than half.

He thought he had his man, but it turns out the search is not going quickly.

While people have lined up to talk to Taylor, he hasn’t found the right one, he told the Pioneer Press.

In July, Taylor said he and a prospective buyer “sort of” had an understanding for a deal before the coming season. Taylor would remain a minority partner in the Wolves. He said then that the new partner probably would come in as a 25 percent investor, then gradually buy more than 50 percent of the team. Those terms haven’t changed, Taylor said.

Taylor wouldn’t reveal the new interested parties, but including the initial prospect there now are believed to be three inquiring about obtaining majority interest in the Wolves.

“I continue to meet with several different parties who appear to have interest in completing a deal,” he said. “I’ll be patient and see if it works out.”

Taylor, a Minnesota senator, is not the kind of guy looking to just sell the team to someone looking to move it. Sorry Seattle.

Expect this to be a slow process. But Taylor’s efforts to find a buyer are ongoing.

Sixers’ Wilbekin hits game-winning three vs. Cavs (VIDEO)

Scottie Wilbekin
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LeBron James sat out the Cavs’ preseason game against the Sixers on Thursday night, but Cleveland still held the lead for all but the final 5.4 seconds. Then, Sixers rookie Scottie Wilbekin did this:

Wilbekin, who played college ball at Florida, has a chance to earn legitimate minutes for the Sixers this season as they try to find young talent on the cheap. This is a good start.

Derrick Rose’s eye still swollen, will rejoin Bulls Monday

Derrick Rose
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Eight days ago, Derrick Rose had surgery to repair a fractured orbital bone suffered in training camp. The Bulls said he would be ready to resume basketball activities in two weeks, and in the meantime will rejoin practice soon. That part is still on schedule — head coach Fred Hoiberg says Rose will be with the team when they return to Chicago on Monday following a two-game preseason road trip, but unless the swelling in his eye dies down, it could be a little longer before he can start practicing again.

Via K.C. Johnson of the Chicago Tribune:

It’s not ideal, but since there’s no structural damage to Rose’s face, once he’s cleared to resume practicing, it’s just a matter of getting back into game shape before he can start playing in games. The team is still optimistic he’ll be able to play opening night against the Cavaliers on October 27.