The Timberwolves fired President of Basketball Operations David Kahn on Thursday and will replace him with former coach Flip Saunders, who added an additional title: part owner.
Saunders told ESPN — for whom he is doing NBA studio commentary this season — that he has signed a multiyear contract to manage the Wolves that includes minority ownership in a team that owner Glen Taylor put on the market last summer, but recently said he now has no intention of selling.
Saunders, who coached the team from 1995 to 2005 before he was fired, will be reintroduced at a 10:30 a.m. news conference Friday at Target Center.
Taylor declined to exercise a fifth and final option year on the contract Kahn signed when he was hired to replace Kevin McHale in May 2009, ending four provocative seasons as the Wolves' top basketball decision-maker.
Taylor thanked Kahn and wished him well in a statement released by the team.
"These are always difficult decisions," Taylor said. "But at this time, we believe it is in the best interest of our organization to make a change."
Kahn spoke by phone with Taylor on Thursday, the same day he returned from a brief European scouting trip. Kahn said he accepted the news with "a mixture of disappointment, sadness and frankly, a little bit of relief."
Kahn leaves a team he termed "very distressed" when he was hired and now considers is bound for "great success," one he believed was playoff-ready each of the past two seasons if not for a staggering list of injuries that included everything from Ricky Rubio's season-ending knee surgery a year ago to Kevin Love's twice-broken hand to the health issues of the wife of coach Rick Adelman.