Baseball great Alex Rodriguez, thwarted in his attempt to buy the New York Mets last year, is teaming up with billionaire Marc Lore to begin the process of buying the NBA’s Minnesota Timberwolves and the WNBA’s Minnesota Lynx. (more…)
Tag Archives | glen taylor
Timberwolves sale may overperform market
A Minnesota Timberwolves sale may outperform estimates of the NBA franchise’s worth, as early reports have a sale price approaching $1.5 billion. (more…)
T-Wolves hit the market; no move allowed
Glen Taylor is selling the Minnesota Timberwolves (NBA) and is already attracting some interest, even though the sale comes with one big condition: the buyer cannot move the team. Sorry, Seattle. (more…)
Target Center Renovation Receives More Private Funds
The ongoing Target Center renovation is receiving more funds, as Minnesota Timberwolves and Minnesota Lynx owner Glen Taylor is adding to the project. Taylor will contribute an estimated $9-$12 million to add new amenities to the renovation, with the additions including seating and technology upgrades. (more…)
St. Paul mayor: Move Timberwolves to Xcel
As part of a restructuring of the sports facilities in the Twin Cities, St. Paul Mayor Chris Coleman is proposing Target Center be downgraded to a practice facility and the Minnesota Timberwolves (NBA) move to an upgraded Xcel Energy Center — but it’s highly unlikely to happen. Coleman’s arena pitch came as part of a […]
Minneapolis, Timberwolves propose $155M Target Center makeover
{jathumbnail off} {slimbox single images/targetcenterrenos/targetcenterrevamp1.jpg,images/targetcenterrenos/targetcenterrevamp1sm.jpg,Proposed Target Center renovations.} Aiming to spruce up an aging arena built on the cheap and at the end of its economic functionality, the city of Minneapolis and the Minnesota Timberwolves (NBA) are proposing a $155-million makeover of Target Center, though a financial plan has not been finalized. It seems amazing, […]
