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The Minnesota Timberwolves ownership dispute is moving into mediation. The first session toward determining whether Glen Taylor will remain controlling owner or cede to Marc Lore and Alex ...
The purchase occurred following an agreement between Top Rank and Timberwolves ownership that allowed Top Rank to purchase the franchise if no local ownership groups were found by May 20, 1994. On June 6, 1994, Top Rank officially filed the paperwork to the NBA seeking to relocate the Timberwolves to New Orleans for the 1994–95 NBA season.
In 2021, Lore and Rodriguez agreed to purchase the franchises for $1.5 billion. They had 90 days to complete the final step of the sale after informing Taylor in December 2023 of their intent to ...
March 28, 2024 at 3:10 PM. MINNEAPOLIS (AP) — The ownership transfer of the Minnesota Timberwolves slammed to a halt when Glen Taylor declared on Thursday he won't take the final step of his ...
The Minnesota Timberwolves first participated in the National Basketball Association (NBA) Draft on June 27, 1989, about five months before their inaugural NBA season. The Timberwolves are currently the second NBA team to be based in Minneapolis since the Minneapolis Lakers were there from 1948 to 1960 . Before each draft, an NBA draft lottery ...
The Minnesota Timberwolves are an American professional basketball team based in Minneapolis. The Timberwolves compete in the National Basketball Association (NBA) as a member of the Northwest Division of the Western Conference. [8] Founded in 1989, the teams majority owner is Glen Taylor who also owns the WNBA 's Minnesota Lynx. [9]
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