Last year Minnesota Timberwolves owner Glenn Taylor said he was looking to sell the franchise — but he wasn’t going to sell it to just anyone. He wanted an investor or group of investors who were committed to keeping the team in Minnesota. Sort of the anti-Maloofs.
Apparently there is a group stepping forward, and they have former Minnesota coach Flip Saunders as their front man (and the guy who would take over running the basketball side of the business).
Taylor confirmed there are talks in speaking to the Associated Press.
Taylor confirmed on Monday night that he has had conversations with the former coach, who approached Taylor at the behest of a group of prospective buyers. The identities of the investors were not immediately known. But if they are successful in purchasing the team, Saunders would be expected to take over as the leader of basketball operations….
Sports talk radio station KFXN-FM first reported the talks, but a deal is far from imminent. Taylor has been looking for a successor to buy in as a minority partner, with the plan to take over as majority owner in a few years, when Taylor is ready to relinquish control. After watching a season that started with playoff aspirations swirl down the drain thanks to a litany of injuries, Taylor isn’t in any hurry to make a deal.
Again, this is how you sell your small market franchise if you care about the city. Sorry Sacramento.
We’ll be watching this develop but it could be years in happening. David Stern himself said at All-Star weekend Taylor is not eager to sell. Long term, Saunders coming in might not be good news for GM David Kahn, but to his credit (and despite his missteps) he has built a team that, when healthy, should be an up-and-coming playoff team in the West. Hopefully we get to see those Timberwolves next season.
On Monday, Dion Waiters agreed to a one-year, $2.9 million deal with the Heat, far less than most people thought he would get as one of the few significant free agents still on the market. Tuesday afternoon, he posted an explanation on Instagram for his deal.
Here’s what he said:
I didn’t do it for the money… I did it for the opportunity to go out & ball & have fun. Everything else will take care of its self!!! I just felt like it was the best situation for me…& my family. I could have waited & got wat I wanted. But I rather be happy then miserable at the end of the day!!! Meaning Yu can have everything & still not be happy… #heatnation let’s get it!!! #provethemwrong #stamped #Philly
It seems clear, based on the market, that the kinds of offers Waiters was hoping for weren’t out there for him. In Miami, with Dwyane Wade gone, he’ll probably start at shooting guard and have plenty of opportunities to prove himself in hopes of landing a long-term deal next summer.
While we wait for the Celtics to make a bigger move to trade for another star, they’re filling out the end of their roster. Sheridan Hoops’ Michael Scotto is reporting that they’ve signed Demetrius Jackson, the No. 45 pick in last month’s draft, to a four-year deal.
Jackson declared for the draft after his junior season at Notre Dame. Talent-wise, he has the chance to be a major steal for Boston — DraftExpress has him ranked as the 17th-best overall prospect in this year’s draft class. But he might not play much his first year. The Celtics’ roster is already crowded and there’s still the chance that they’ll make another move with some of their much-vaunted assets if the right star becomes available.
ATLANTA (AP) — The Atlanta Hawks have signed undrafted rookie free agent center Matt Costello of Michigan State.
The 6-foot-9, 245-pound Costello averaged 5.7 points and 5 rebounds on the Hawks’ summer league team in Las Vegas.
Costello averaged 10.7 points and 8.2 rebounds as a senior at Michigan State. He holds the school’s career record with 146 blocked shots.
Terms of the deal were not released.
Jamal Crawford knows how to get buckets.
He does it against NBA level defenders, so put him in a free-flowing pro-am — let’s say the Seattle pro-am in his hometown — and he barely breaks a sweat dropping 44. And nailing the game winner.
Doc Rivers hopes to see a lot of that next season.