Tag: Glen Taylor

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.

Timberwolves bringing back GM David Kahn for another year


We are going to have David Kahn to kick around for another year.

Minnesota owner Glen Taylor told the Pioneer Press the team plans to bring David Kahn back next season. Kahn is in the final year of his deal but the team has two one-year options and they are picking one up.

“I like David; I’m happy with him,” Taylor said.

Taylor said he and Kahn will firm up the option at season’s end. The Wolves (21-19), who play host to the Los Angeles Lakers tonight, are tied with Kevin McHale’s Houston Rockets for the eighth playoff spot in the Western Conference.

It’s weird to type this but here goes — Kahn deserves to be back.

His Ricky Rubio gambit has paid off in droves, Kevin Love has evolved into a star and by brining in Rick Adelman as coach this is suddenly a team that has to be respected in the West. They may well reach the playoffs this season.

It doesn’t excuse the many odd choices that made Kahn a joke around the league — hello Jonny Flynn — but he has built the foundation of a good team and he deserves the chance to make it grow.

Kevin Love says no deal yet, but reports swirling

Kevin Love

I’m going to go with what Kevin Love says about the current state of his extension.

A report came from Pioneer Press Tuesday night that Love and the Timberwolves had agreed to a four-year, $62 million extension to his rookie deal. That is reportedly about what the Timberwolves had been offering, but short of the extra year and roughly $18 million max deal that Love wants.

Then Love tweeted this.

If you read it on the Internet it must be true right? #sarcasm

I’m going with Love on this, I think he’d know. Also, other outlets such as ESPN are reporting that the two sides are still talking.

This impasse has been going on for a while — Minny offering four years, roughly $60 million, Love wanting five years, $80 million (the exact figures of a max deal would not be known until this year’s revenue is official for the league).

Minnesota is trying to lowball and save a few bucks on their franchise player and the face of the team in the community. Whether this is coming from GM David Kahn or owner Glen Taylor isn’t known, but it’s stupid wherever it is coming from. Love deserves the max, he’s earned it.

Minnesota is building something with Love and Ricky Rubio as the cornerstones. But the only way you really top off a great team is with some free agent role players to fill in the gaps — and it’s hard enough to get top role players to Minnesota (over bigger market, warmer climate stops) without everyone thinking you’re cheap, too.

The thinking must be that Love (like most guys after their rookie deals) wants his first big payday and will take what is offered to get the bucks. If no deal is reached by midnight Eastern on Wednesday night, Love will get a qualifying offer from Minnesota, which means they can match any offer from another team (which under the new rules can’t be more than four years, about $60 million anyway).

But if Love signs the qualifying offer and is willing to pay for $6.1 million next season (less than half the Minny offer) he could leave after next season as a free agent. And set The Wolves back. To post-Garnett like days. Big risk.

Report: Kevin Love has not been offered contract extension

Kevin Love

Among the no-brainers out there is that Kevin Love is deserving of a max contract extension off his rookie deal. He’s entering his fourth year as an All-Star and double-double machine who has improved his game this season. He will be at the core of any Timberwolves turnaround.

But he hasn’t gotten even the offer of a contract extension, reports Peter Vecsey in the New York Post. Yes, you should look at the author and publication and take it with a grain of salt, but it’s still worth noting.

According to the messenger, All-Star Kevin Love has not been offered an extension….

You got that right; according to my source, if one isn’t submitted by Jan. 15, 10 days before the league deadline to enrich players in Love’s position (Russell Westbrook is another), then don’t bother.

This sounds a whole lot like an agent trying to pressure a team into making an offer sooner rather than later. (Love’s agent is Jeff Schwartz, I don’t know Vecsey’s sources but draw your own conclusions.) The team is taking its time (they have until the 25th), the player and agent want to move things along, so they set an artificial deadline. They threaten not to sign qualifying offers and try to get out of town.

None of this is going to happen, Love is going to get his extension. For all the laughing at Wolves GM David Kahn over the years (and there have been good reasons to do so) he has built a good young team with Love, Ricky Rubio and some solid players around them (and Michael Beasley). It took a while for Love to get out of Kurt Rambis’ dog house, but he has blossomed. You don’t let Love go, not even Kahn would do that. The deal will happen. This is just the blustery negotiations.

Maybe Adelman came to Minnesota in spite of GM Kahn

rick adelman

It is official — the Minnesota Timberwolves have announced that they have reached a deal with Rick Adelman to become the franchises next head coach. Sure, PBT and every other news outlet in America reported that yesterday, but now the team is confirming it.

But is Adelman doing this in spite of GM David Kahn? Or does he even have eyes on that job?

We praised Kahn for his summer, but Adrian Wojnarowski at Yahoo says that the Wolves got Adelman only because owner Glen Taylor stepped in and took over. Woj details how Adelman has not liked Kahn since Kahn was a beat reporter at the Oregonian while Adelman was the coach there.

“Rick would never agree to anything with Kahn,” one league official connected to Adelman said Monday. “This had to be [a deal] with Taylor. …Rick has talked many times of his dislike for Kahn….”

Adelman took the job despite Kahn, and the owner won’t let Kahn get in the way of what Adelman wants, and what he tells him needs to happen there.

Adelman also took the job because of the $5 million a year, four years guaranteed deal. Money talks and there were questions if the Wolves would step up on that count, but Taylor did.

This leads to another fun bit of speculation yet, something our man Matt Moore mused about on twitter.

At the start of this summer, Adelman mused about wanting a front office job. Right now he has a longer contract than Kahn and the ear of the owner. If Adelman says they need to make a player move and Kahn disagrees, it sounds like Adelman may have the power. And it is entirely possible Adelman will be able to push Kahn aside and take over both the coach and GM jobs.

Just something to watch.

But know that just because Kahn had a good summer and Adelman is on board in Minnesota, there is still plenty of friction and drama in that front office.