Page 2 of 2 Previous

Continued: Hartman: Taylor finds his successor as Wolves owner

  • Article by: SID HARTMAN , Star Tribune
  • Last update: July 30, 2012 - 12:18 PM

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.

Unfortunately, the buyer is from outside the Twin Cities, but Taylor insists he will continue to own a share of the two teams and will make sure that they don't move out of the state.

"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."

Until the papers are signed, Taylor refuses to reveal the future owner's name. Apparently, though, he has agreed to keep the two teams in Minnesota as a part of the purchase agreement.

The Wolves and Lynx have 10 minority owners, and because the teams have been losing money, several of those owners have been trying to sell their shares, but Taylor hasn't allowed any to get out of ownership unless they can find someone else to buy their shares.

Taylor said that before turning the reins over in the future, his big goal is for the Wolves to be a contender for an NBA championship. They haven't been to the playoffs since reaching the Western Conference finals eight years ago.

Taylor, 71, saved the Wolves from moving in 1994 after former owners Marvin Wolfenson and Harvey Ratner were ready to sell the team to a group that wanted to move it to New Orleans. NBA Commissioner David Stern stepped in and refused to allow the move at the time, but had a buyer not been found the team would have been allowed to relocate eventually.

As for Taylor's goal to make the Wolves a playoff contender, the owner believes President of Basketball Operations David Kahn has done a good job in adding former Jazz star Andrei Kirilenko; Chase Budinger from the Rockets; Brandon "Bad Knees" Roy, who will come out of retirement; Alexey Shved of the Russian Olympic team; and former Celtics center Greg Stiemsma. Roy's contract is for two years, but if his knee problem forces him out again, the Wolves are off the hook for the second year.

Liriano's departure

Twins General Manager Terry Ryan explained why the club didn't try to sign Francisco Liriano rather than doing what they did Saturday night, trading him to the White Sox for infielder Eduardo Escobar and pitcher Pedro Hernandez.

"The question there is, which guy are you signing?" Ryan said. "Are you signing the April/May numbers or the June/July numbers? It's a little tough to zero in and figure out where you're going. It was so different, the two parts of his season with us to this point.

"There were times out there in his starts where things were working, and obviously there were times they weren't. You have to decide on which guy he is, and taking everything into consideration, we decided to let it play out, keep all the options open, and we decided to get a couple guys back."

Ryan added: "You try to get the best deal on the table, and I think obviously knowing what was offered and knowing who had interest, you could play this out a couple more days. But I was very concerned that if Frankie went out there and pitched [Sunday against Cleveland], you always take the chance that he might get hurt. You also put a lot of pressure on the kid, which I was tired of doing. He had a lot of pressure pitching in Chicago the other day, and it didn't go well [giving up three homers in 2 2/3 innings]. I had to take a lot of things into consideration on this thing."

Liriano's contract called for $5.5 million this season. So with 62 games left, the Twins will save around $2.1 million in his salary.

Jottings

• MLB Commissioner Bud Selig is the keynote speaker for Tuesday's luncheon at Target Field celebrating the 20th anniversary of the Reviving Baseball in Inner Cities (RBI) World Series. "This is an inner-city program which started out with nothing 20 years ago," Selig said. "They have over 200,000 kids playing baseball, including some people in the big leagues like CC Sabathia. It's been a remarkable program, it's one that I'm very, very proud of. So we're coming, the Twins organization is the host and I'm pleased. They do their usual remarkable job." The Twins are playing host to the RBI World Series for the second year in a row.

• Former Twins pitcher Phil Humber, now with the White Sox, talked to the Chicago Tribune about becoming teammates with Liriano again: "I played with Francisco and he is a great teammate," Humber said. "He is one of those guys who makes the guys around him better by the way he works hard. Everybody knows he has great stuff."

• The good news on Escobar, the 23-year-old infielder the Twins received as part of Saturday night's trade, is that even though he was only a .207 hitter with the White Sox, he was reportedly a popular player in the team's clubhouse. "He's such a good kid," major league home run leader Adam Dunn told the Associated Press. "We really enjoyed having him." Added longtime Chicago first baseman Paul Konerko, "He's probably going to play every day and become a household name over there."

• Heavyweights Travis Browne and Antonio "Bigfoot" Silva will headline the Ultimate Fighting Championship match at Target Center on Oct. 5.

• Some of Visanthe Shiancoe's former Vikings teammates were surprised the tight end didn't get picked up by anybody until the opening of training camp. The Patriots signed him for $1.2 million with only $400,000 guaranteed.

Sid Hartman can be heard weekdays on WCCO AM-830 at 6:40, 7:40 and 8:40 a.m. and on Sundays at 9:30 a.m. • shartman@startribune.com

  • related content

  • Timberwolves owner Glen Taylor

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

Cleveland 26 FINAL
Atlanta 24
Tennessee 24 FINAL
Philadelphia 43
Detroit 9 FINAL
New England 34
Green Bay 24 FINAL
Minnesota 21
Jacksonville 3 FINAL
Indianapolis 23
Cincinnati 22 FINAL
Houston 13
Tampa Bay 13 FINAL
Chicago 21
Arizona 3 FINAL
Seattle 19
St. Louis 24 FINAL
San Diego 27
Miami 36 FINAL
Denver 39
Washington 13 FINAL
San Francisco 17
Dallas 31 FINAL
NY Giants 28
NY Jets 6:00 PM
Buffalo
Baltimore 7:30 PM
New Orleans
Chicago 11/27/14 11:30 AM
Detroit
Philadelphia 11/27/14 3:30 PM
Dallas
Seattle 11/27/14 7:30 PM
San Francisco
LA Clippers 6:00 PM
Charlotte
Portland 6:00 PM
Philadelphia
Orlando 6:00 PM
Cleveland
Phoenix 6:30 PM
Toronto
New York 7:00 PM
Houston
Indiana 7:30 PM
Dallas
Chicago 8:00 PM
Utah
Pittsburgh 6:00 PM
Boston
Philadelphia 6:00 PM
NY Islanders
Ottawa 6:30 PM
Detroit
Minnesota 6:30 PM
Florida
East Carolina 11:00 AM
Green Bay
Nevada 12:30 PM
Weber State
Evansville 1:30 PM
Fresno State
Purdue 1:30 PM
Kansas State
Dillard 3:00 PM
Alcorn State
Clemson 3:00 PM
LSU
Georgia State 3:30 PM
Chicago State
MD-Eastern Shore 3:30 PM
Detroit
Missouri 4:00 PM
Arizona
Austin Peay 4:30 PM
Indiana State
Milwaukee 5:00 PM
Louisiana
Marist 5:00 PM
Fla Gulf Coast
Gardner-Webb 5:30 PM
Old Dominion
Hampton 6:00 PM
Appalachian St
Grambling St 6:00 PM
Ball State
FIU 6:00 PM
Ga Southern
Jacksonville 6:00 PM
IUPU-Ft Wayne
Colgate 6:00 PM
James Madison
Savannah State 6:00 PM
Louisville
Arizona State 6:00 PM
Maryland
Santa Clara 6:00 PM
Michigan State
Western Carolina 6:00 PM
Oakland
SE Louisiana 6:00 PM
Tenn Tech
Bucknell 6:00 PM
Toledo
Villanova 6:00 PM
VA Commonwealth
Nicholls 6:00 PM
Wake Forest
East Tenn St 6:00 PM
Winthrop
Murray State 6:00 PM
Xavier
Eastern Wash 6:30 PM
Indiana
Stephen F Austin 7:00 PM
Baylor
Lipscomb 7:00 PM
Belmont
Brown 7:00 PM
Illinois
Pepperdine 7:00 PM
Iowa
Rider 7:00 PM
Kansas
Prairie View 7:00 PM
Memphis
Clayton State 7:00 PM
Miss State
Miss Valley St 7:00 PM
TCU
TX A&M-Int 7:00 PM
Incarnate Word
Oregon State 7:30 PM
Oklahoma State
Hawaii 7:30 PM
San Francisco
Seton Hall 8:00 PM
Illinois State
NJIT 8:00 PM
Marquette
Stetson 8:00 PM
New Mexico St
Florida A&M 8:00 PM
Wyoming
Pittsburgh 8:00 PM
Chaminade
Alabama 8:30 PM
Iowa State
Michigan 8:30 PM
Oregon
Colorado Christian 8:30 PM
Northern Colorado
Chadron State 8:30 PM
South Dakota St
Western Mich 9:00 PM
San Diego
SIU Edwardsville 9:05 PM
Portland State
Tulsa 10:00 PM
Auburn
BYU 10:30 PM
San Diego St
Char Southern 9 FINAL
(8) Georgia 55
South Alabama 12 FINAL
So Carolina 37
Rutgers 3 FINAL
(10) Michigan State 45
(22) Minnesota 28 FINAL
Nebraska 24
Northwestern 38 FINAL
Purdue 14
(19) Marshall 23 FINAL
UAB 18
Kansas 7 FINAL
(20) Oklahoma 44
Indiana 27 FINAL
(7) Ohio State 42
Penn State 14 FINAL
Illinois 16
(16) Eastern Ky 3 FINAL
Florida 52
TX-San Antonio 7 FINAL
Western Ky 45
SMU 7 FINAL
UCF 53
Tulsa 28 FINAL
Houston 38
Virginia Tech 3 FINAL
Wake Forest 6
Washington St 31 FINAL
(13) Arizona State 52
Louisiana Tech 27 FINAL
Old Dominion 30
Western Mich 32 FINAL
Central Mich 20
New Mexico 20 FINAL
(21) Colorado State 58
Eastern Mich 30 FINAL
Ball State 45
Appalachian St 35 FINAL
Louisiana 16
(12) Arizona 42 FINAL
Utah 10
FIU 14 FINAL
North Texas 17
(18) Ole Miss 0 FINAL
Arkansas 30
(24) Louisville 31 FINAL
Notre Dame 28
Maryland 23 FINAL
Michigan 16
Texas Tech 34 FINAL
Iowa State 31
(14) Wisconsin 26 FINAL
Iowa 24
Syracuse 7 FINAL
Pittsburgh 30
Boston College 17 FINAL
(1) Florida State 20
Georgia State 0 FINAL
(23) Clemson 28
Tulane 6 FINAL
East Carolina 34
Stanford 38 FINAL
California 17
Western Carolina 14 FINAL
(2) Alabama 48
ULM 30 FINAL
New Mexico St 17
So Florida 20 FINAL
Memphis 31
Colorado 10 FINAL
(3) Oregon 44
Fla Atlantic 34 FINAL
Middle Tennessee 35
Samford 7 FINAL
(15) Auburn 31
Miami-Florida 13 FINAL
Virginia 30
Vanderbilt 0 FINAL
(4) Miss State 51
(17) Missouri 29 FINAL
Tennessee 21
Oklahoma State 28 FINAL
(5) Baylor 49
USC 20 FINAL
(9) UCLA 38
Cincinnati 41 FINAL
Connecticut 0
(25) Boise State 63 FINAL
Wyoming 14
Oregon State 13 FINAL
Washington 37
Fresno State 40 FINAL
Nevada 20
UNLV 35 FINAL
Hawaii 37
Ohio U 11/25/14 6:00 PM
Miami-Ohio
LSU 11/27/14 6:30 PM
Texas A&M
(6) TCU 11/27/14 6:30 PM
Texas
Northern Ill 11/28/14 10:00 AM
Western Mich
Nebraska 11/28/14 11:00 AM
Iowa
Western Ky 11/28/14 11:00 AM
(19) Marshall
UCF 11/28/14 11:00 AM
So Florida
Houston 11/28/14 11:00 AM
SMU
Akron 11/28/14 12:00 PM
Kent State
Ball State 11/28/14 12:00 PM
Bowling Green
Buffalo 11/28/14 12:00 PM
Massachusetts
Toledo 11/28/14 12:00 PM
Eastern Mich
Arkansas 11/28/14 1:30 PM
(17) Missouri
Navy 11/28/14 2:00 PM
South Alabama
(13) Arizona State 11/28/14 2:30 PM
(12) Arizona
Stanford 11/28/14 2:30 PM
(9) UCLA
(21) Colorado State 11/28/14 2:30 PM
Air Force
Virginia 11/28/14 7:00 PM
Virginia Tech
East Carolina 11/28/14 7:30 PM
Tulsa
North Texas 11/29/14 11:00 AM
TX-San Antonio
Old Dominion 11/29/14 11:00 AM
Fla Atlantic
(16) Georgia Tech 11/29/14 11:00 AM
(8) Georgia
Kentucky 11/29/14 11:00 AM
(24) Louisville
So Carolina 11/29/14 11:00 AM
(23) Clemson
West Virginia 11/29/14 11:00 AM
Iowa State
Rice 11/29/14 11:00 AM
Louisiana Tech
Michigan 11/29/14 11:00 AM
(7) Ohio State
Purdue 11/29/14 11:00 AM
Indiana
Illinois 11/29/14 11:00 AM
Northwestern
Cincinnati 11/29/14 11:00 AM
Temple
NC State 11/29/14 11:30 AM
North Carolina
Syracuse 11/29/14 11:30 AM
Boston College
Louisiana 11/29/14 11:30 AM
Troy
Utah 11/29/14 12:00 PM
Colorado
Texas State 11/29/14 1:00 PM
Georgia State
Idaho 11/29/14 1:00 PM
Appalachian St
Wyoming 11/29/14 2:00 PM
New Mexico
New Mexico St 11/29/14 2:00 PM
Arkansas State
UAB 11/29/14 2:30 PM
Southern Miss
(4) Miss State 11/29/14 2:30 PM
(18) Ole Miss
Notre Dame 11/29/14 2:30 PM
USC
(10) Michigan State 11/29/14 2:30 PM
Penn State
(22) Minnesota 11/29/14 2:30 PM
(14) Wisconsin
(5) Baylor 11/29/14 2:30 PM
Texas Tech
Florida 11/29/14 2:30 PM
(1) Florida State
Rutgers 11/29/14 2:30 PM
Maryland
San Jose St 11/29/14 2:30 PM
San Diego St
Tennessee 11/29/14 3:00 PM
Vanderbilt
Kansas 11/29/14 3:00 PM
(11) Kansas State
Connecticut 11/29/14 3:00 PM
Memphis
BYU 11/29/14 3:30 PM
California
ULM 11/29/14 5:00 PM
Ga Southern
Middle Tennessee 11/29/14 6:00 PM
Texas-El Paso
Hawaii 11/29/14 6:00 PM
Fresno State
Wake Forest 11/29/14 6:00 PM
Duke
Pittsburgh 11/29/14 6:00 PM
Miami-Florida
(15) Auburn 11/29/14 6:45 PM
(2) Alabama
(3) Oregon 11/29/14 7:00 PM
Oregon State
Utah State 11/29/14 9:15 PM
(25) Boise State
Washington 11/29/14 9:30 PM
Washington St
Nevada 11/29/14 9:30 PM
UNLV
Montreal 24 FINAL
Hamilton 40
Edmonton 18 FINAL
Calgary 43
Grambling 11:00 AM
George Washington
Saint Louis 11:30 AM
Vanderbilt
NW Nazarene 3:00 PM
Idaho State
Millersville 4:30 PM
Delaware State
NC State 5:00 PM
Tulane
Harvard 5:00 PM
(3) Notre Dame
Austin Peay 5:00 PM
Chattanooga
Brescia 5:00 PM
Morehead St
Bradley 6:00 PM
Stony Brook
Mount Ida 6:00 PM
UMass Lowell
Rhode Island 6:00 PM
Columbia
TX A&M-CC 6:00 PM
Rice
Cornell 6:00 PM
Fairfield
St Johns 6:00 PM
Marist
Tennessee St 6:00 PM
(4) Tennessee
Troy 6:00 PM
Florida A&M
Sam Houston St 6:00 PM
South Dakota St
Campbell 6:00 PM
Western Carolina
North Florida 6:00 PM
Samford
UNC Greensboro 6:00 PM
Longwood
Western State 6:00 PM
Northern Colorado
Thomas (GA) 6:00 PM
Georgia State
Loyola-Maryland 6:00 PM
(9) Maryland
Barton 6:00 PM
UNC-Asheville
Quinnipiac 7:00 PM
Holy Cross
Missouri State 7:00 PM
Oral Roberts
Prairie View 7:00 PM
(5) Texas A&M
Eastern Washington 7:00 PM
Abilene Christian
Cal-Irvine 7:00 PM
South Dakota
East Tenn St 7:05 PM
Indiana State
(6) Stanford 8:00 PM
New Mexico
Cal State Fullerton 8:00 PM
Weber State
Sacramento St 8:00 PM
St Marys-CA
Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

question of the day

Poll: How many games will the Timberwolves win this season?

Weekly Question

ADVERTISEMENT

ADVERTISEMENT

 
Close