Rumor: Kevin Garnett, Flip Saunders could pair up to help buy Timberwolves

5 Comments

Flip Saunders wants to do more than coach.

Kevin Garnett has made more than $315 million in his NBA career and will find it hard to walk away from the game.

So maybe those two together — paired with some real money men — could buy an NBA team. Say, maybe the Minnesota Timberwolves, which owner Glen Taylor would like to sell. It’s a possibility suggests Charlie Walters of the Pioneer Press.

The contract extension Kevin Garnett, 38, will sign with the Timberwolves this summer will be for two years. During that period, Garnett and Wolves president-coach Flip Saunders are expected to try to form a group to buy the team from Glen Taylor….

Garnett has amassed more than $325 million in salaries during 20 seasons in the NBA. Saunders, who turns 60 on Monday, has made an estimated $40 million during 17 seasons as a NBA coach.

There is a report out of Minnesota that KG and the Timberwolves will reach a two-year contract after this season. While I find that hard to buy — Garnett does not have a lot left in the tank — him sticking around the franchise where he made his name makes some sense.

In today’s NBA marketplace, even a small market team like the Timberwolves will draw north of $750 million, so Garnett and Saunders would still need some hedge fund guy or the equivalent.

But Taylor’s goal for a while has been to keep the team in the Twin Cities, to find a partner who sees the area as he does. With KG and Saunders he could have his answer.