Hartman: Taylor finds his successor as Wolves owner

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

He won't reveal the out-of-state buyer's identity yet but said the new owner will keep the Wolves and Lynx here.

hide

Timberwolves owner Glen Taylor

Photo: Renee Jones Schneider, Star Tribune

CameraStar Tribune photo galleries

Cameraview larger

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 yer 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

  • get related content delivered to your inbox

  • manage my email subscriptions

ADVERTISEMENT

Atlanta 6 FINAL
Detroit 4
Philadelphia 3 FINAL
Houston 6
St. Louis 4 FINAL
Miami 1
Baltimore 3 FINAL
Tampa Bay 2
NY Yankees 2 FINAL
Pittsburgh 1
Chicago Cubs 6 FINAL
San Francisco 8
Los Angeles 6 FINAL
Chicago WSox 1
San Diego 4 FINAL
Seattle 9
Cleveland 9 FINAL
Cincinnati 3
Milwaukee 2 FINAL
LA Angels 3
Oakland 2 FINAL
Chicago Cubs 2
Texas 4 FINAL
Kansas City 5
Colorado 3 FINAL
Arizona 4
NY Mets 4 FINAL
Washington 5
Boston 8 FINAL
Minnesota 9
Toronto 0 FINAL
Baltimore 5
Oklahoma City 105 FINAL
Chicago 108
Dallas 75 FINAL
Portland 94
Calgary 4 FINAL(SO)
Boston 3
St. Louis 1 FINAL
Philadelphia 3
Minnesota 2 FINAL
Washington 1
Toronto 2 FINAL
Tampa Bay 4
Dallas 4 FINAL(SO)
Florida 3
NY Islanders 4 FINAL
Nashville 3
Vancouver 2 FINAL(SO)
Arizona 3
Montreal 3 3rd Prd :02
Los Angeles 3
Morgan State 76 FINAL
MD-Eastern Shore 89
Niagara 54 FINAL
Siena 71
Holy Cross 83 FINAL
Bucknell 90
Western Ky 88 FINAL
Charlotte 84
Navy 62 FINAL
Colgate 72
Temple 70 FINAL
East Carolina 56
UAB 59 FINAL
Fla Atlantic 62
Boston Univ 64 FINAL
Lafayette 89
American Univ 68 FINAL
Lehigh 62
Wisconsin 76 FINAL
Minnesota 63
Fairfield 33 FINAL
Saint Peters 63
Arkansas 78 FINAL
South Carolina 74
Morehead State 76 FINAL
UT Martin 65
USC Upstate 63 FINAL
Fla Gulf Coast 62
Lipscomb 57 FINAL
North Florida 71
Southern Ill 55 FINAL
Missouri State 48
Texas State 64 FINAL
Appalachian St 67
SC State 62 FINAL
Bethune-Cookman 72
Delaware State 104 FINAL
Coppin State 92
Middle Tennessee 54 FINAL
FIU 59
Texas-Arlington 64 FINAL
Ga Southern 76
Norfolk State 80 FINAL
Hampton 69
NC A&T 58 FINAL
NC Central 69
Savannah State 57 FINAL
Florida A&M 64
Southern Miss 61 FINAL
Louisiana Tech 72
Marshall 50 FINAL
Old Dominion 67
Rice 76 FINAL
TX-San Antonio 74
South Alabama 81 FINAL
Arkansas State 76
Alabama State 70 FINAL
Grambling St 46
Alabama A&M 54 FINAL
Jackson State 72
Sam Houston St 67 FINAL
Lamar 61
Georgia State 58 FINAL
ULM 50
Central Arkansas 70 FINAL
Nicholls 77
Portland State 51 FINAL
Northern Ariz 58
Southern U 77 FINAL
Prairie View 73
Alcorn State 73 FINAL
Texas Southern 94
Houston Baptist 72 FINAL
TX A&M-CC 85
Ark-Little Rock 69 FINAL
Louisiana 75
SE Louisiana 79 FINAL
New Orleans 85
California 60 FINAL
Arizona 99
Memphis 54 FINAL
Connecticut 53
VA Commonwealth 55 FINAL
Davidson 82
Ark-Pine Bluff 0 Postponed
Miss Valley St 0
Sacramento St 65 FINAL
Southern Utah 69
Northwestern St 66 FINAL
Stephen F Austin 92
North Texas 60 FINAL
Texas-El Paso 83
Colorado 64 FINAL
Washington 47
Idaho 63 FINAL
Weber State 74
Abilene Christian 52 FINAL
Incarnate Word 64
Eastern Wash 85 FINAL
Idaho State 81
Marist 80 FINAL
Quinnipiac 74
Eastern Ill 64 FINAL
Belmont 97
Bradley 52 FINAL
Drake 50
Cal State Fullerton 62 FINAL
UC Irvine 68
CS-Northridge 58 FINAL
Long Beach State 69
UC Riverside 59 FINAL
UC Davis 61
Stanford 51 2nd Half 6:18
Arizona State 54
Utah 62 2nd Half 0:51
Washington St 57
Monmouth 68 FINAL
Canisius 56
Wake Forest 85 FINAL
(22) Syracuse 79
Saint Louis 65 FINAL
VA Commonwealth 58
Saint Peters 62 FINAL
Rider 54
UNC-Asheville 51 FINAL
Liberty 59
UNC Greensboro 44 FINAL
(17) Chattanooga 78
Michigan State 69 FINAL
Michigan 49
Arkansas 72 FINAL
Ole Miss 61
Manhattan 51 FINAL
Niagara 57
Massachusetts 63 FINAL
Richmond 67
Virginia 52 FINAL
Miami-Florida 62
Jacksonville St 45 FINAL
Belmont 55
Morgan State 65 FINAL
MD-Eastern Shore 50
Campbell 65 FINAL
Winthrop 52
Furman 65 FINAL
Samford 54
Oregon 64 FINAL
Washington St 66
Indiana 52 FINAL
(23) Rutgers 63
Pepperdine 67 FINAL
Loyola Marymount 68
Auburn 47 FINAL
(18) Texas A&M 57
Morehead St 66 FINAL
Tennessee St 81
George Mason 43 FINAL
Saint Josephs 71
Western Carolina 53 FINAL
East Tenn St 73
Arizona 62 FINAL
UCLA 80
FIU 30 FINAL
Middle Tennessee 79
Texas State 55 FINAL
Appalachian St 61
TX-Arlington 66 FINAL
Georgia Southern 41
SC State 57 FINAL
Bethune-Cookman 56
Delaware State 51 FINAL
Coppin State 80
Portland 58 FINAL
Santa Clara 66
Norfolk State 49 FINAL
Hampton 64
Florida Atlantic 56 FINAL
UAB 59
NC A&T 67 FINAL
NC Central 46
Savannah State 72 FINAL
Florida A&M 51
Virginia Tech 51 FINAL
Pittsburgh 45
Central Arkansas 43 FINAL
Nicholls 53
Houston Baptist 48 FINAL
TX A&M-CC 73
Gardner-Webb 70 FINAL
Radford 56
Georgia 75 FINAL
Missouri 64
Old Dominion 67 FINAL
Marshall 55
Ark-Little Rock 68 FINAL
Louisiana 66
South Alabama 60 FINAL
Arkansas State 70
Georgia State 66 FINAL
ULM 61
Sam Houston St 73 FINAL
Lamar 92
SE Louisiana 75 FINAL
New Orleans 84
Northwestern St 45 FINAL
Stephen F Austin 56
Alabama A&M 58 FINAL
Jackson State 66
Alabama State 68 FINAL
Grambling 62
Southern U 78 FINAL
Prairie View 50
Alcorn State 55 FINAL
Texas Southern 73
Ark-Pine Bluff 0 Postponed
Miss Valley St 0
Wofford 54 FINAL
Mercer 75
Abilene Christian 72 FINAL
Incarnate Word 62
La Salle 60 FINAL
Rhode Island 65
Illinois 71 FINAL
Nebraska 86
TX-San Antonio 60 FINAL
Rice 49
Valparaiso 55 FINAL
Oakland 70
Missouri State 65 FINAL
Indiana State 56
Georgia Tech 64 FINAL
(15) North Carolina 84
Charlotte 72 FINAL
Western Ky 80
Texas-El Paso 69 FINAL
North Texas 61
Wichita State 77 FINAL
Evansville 63
Loyola-Chicago 64 FINAL
Northern Iowa 69
Bradley 70 FINAL
Drake 86
Presbyterian 62 FINAL
High Point 75
Vanderbilt 61 FINAL
(12) Kentucky 67
Colorado 75 FINAL
USC 63
San Francisco 74 FINAL
Pacific 64
Idaho State 58 FINAL
Eastern Washington 62
Weber State 42 FINAL
Idaho 71
Purdue 78 FINAL
Minnesota 82
Cal-Irvine 54 FINAL
Cal State Fullerton 66
Long Beach St 60 FINAL
CS-Northridge 77
UC Davis 56 FINAL
UC-Riverside 61
Northern Ariz 79 FINAL
Portland State 62
Southern Utah 73 FINAL
Sacramento St 107
Hawaii 60 2nd Half
UC Santa Barbara 36
Utah 40 2nd Half 13:13
Washington 43
BYU 46 2nd Half 11:30
St Marys-CA 44
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: Who is doing the best job coaching a Minnesota pro sports team?

Weekly Question

ADVERTISEMENT

ADVERTISEMENT

 
Close