Posted May 04, 2012 on AP on Fox
Glen Taylor tells The Associated Press that he is looking for a minority partner who could eventually succeed him as the majority owner of the Minnesota Timberwolves. Taylor bought the Timberwolves in 1994, saving the team from moving to New Orleans. He says that any partner he brings in would have to be committed to keeping the team in Minnesota. Taylor hasn't put a timetable on when he wants to hand things over. He says the ideal scenario is to bring in someone to learn the ropes for a few years with an option in the agreement to eventually buy Taylor out. The 71-year-old Taylor thinks such an arrangement would ''be in the best interest of Minnesota to make a transition that's logical.''

Timberwolves owner in search of successor

NORTH MANKATO, Minn. (AP) Minnesota Timberwolves owner Glen Taylor is in the market for his eventual successor. Taylor told The Associated Press on Friday that he is looking to add a minority partner who could buy a part of the team that includes an option to buy Taylor out after observing the day-to-day operations of running a professional sports team. Taylor said he has yet...

Pekovic finishes third in NBA's Most Improved

MINNEAPOLIS The NBA announced today that Timberwolves center Nikola Pekovic finished third in the voting for this season's Most Improved Player award, behind Orlando's Ryan Anderson and Milwaukee's Ersan Ilyasova. Anderson finished with 260 points in the voting, Ilyasova with 159 and Pekovic with 104. Pekovic received 10 first-place votes, 15 second-place votes and...
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