David Stern came to Minneapolis Wednesday likely for his final time as NBA commissioner. On the two-day visit, he will meet Thursday with Mayor R.T. Rybak about a $100 million-plus Target Center refurbishment he said will bring the arena "into the 21st century" and ensure the Timberwolves' presence in Minnesota long after owner Glen Taylor sells the team.
The city, team and arena management company AEG Facilities remain in negotiations to finalize details of how much and who pays for what in a project approved as part of the Vikings stadium bill.
Stern compared the refurbishment to updates done over time to Detroit's Palace at Auburn Hills, Phoenix's U.S. Airways Arena and New York City's Madison Square Garden that have kept those arenas viable while the Sacramento Kings' owners recently submitted to the NBA an agreement to sell their franchise to a Seattle group after the California city failed to finalize a new arena.
"I don't think fans have to worry about that at all," Stern said when asked about the Timberwolves' long-term future in Minnesota.
Taylor has prepared the Wolves for sale, a process he once hoped would be completed before this season but now has an indefinite timetable. He has said he'd like to sell minority interest in the team as part of a multi-year plan for him to eventually sell all or most of it.
Stern said he is "pretty involved" in that process which says Taylor is pursuing in a "very thoughtful and prudent way."
"I think eventually it will happen," Stern said. "Glen is not what you'd call an anxious seller. Sometimes I think he may have seller's remorse even though he hasn't sold it because he loves the team and he loves what it does for the community."
Stern will retire next February, 30 years after he was promoted to league commissioner.