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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.
Glen Allen Taylor (born April 20, 1941) is an American billionaire business magnate and politician from Minnesota. [1] Taylor made his fortune as the founder and owner of Minnesota-based Taylor Corporation, one of the largest graphic communication companies in the United States. Taylor is the majority owner of the Minnesota Timberwolves of the ...
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 ...
Due to a lockout, the 2011–12 season did not start until December 25, 2011, and all 30 teams played a shortened regular season schedule of 66 games. [2] Due to the COVID-19 pandemic, the 2019–20 season was suspended on March 11, 2020, and the regular season was shortened to 64 games for the Timberwolves.
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 ...
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