Found May 03, 2013 on
Glen Taylor has pulled the Minnesota Timberwolves off the market.
Taylor said Friday that he has stopped looking for a buyer for the team and will instead offer to buy out any limited partners who are looking to sell.
Taylor put the team on the market last summer in hopes of finding a person or a group that would be willing to buy a minority stake to start with and then take control a few seasons down the road.
But Taylor says he couldn't find a buyer who would guarantee the team will remain in Minnesota, and also says he felt some seller's remorse when negotiating with several interested parties.
Taylor estimates he may buy out about half of his 12 limited partners.
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On Thursday, the Minnesota Timberwolves fired David Kahn and announced that the team hired former coach Flip Saunders to replace him.
MINNEAPOLIS It turns out the reason Flip Saunders reportedly turned down a coaching job at his alma mater may have been that had his sights set on bigger things.
The Associated Press is reporting that Saunders will be named the Minnesota Timberwolves' next president of basketball operations but that the deal is not yet signed. He would replace former president David Kahn, whose...
Tweet The Minnesota Timberwolves haven’t had a great deal of success and have made some questionable moves as an organization over the past few years. Many of those issues have been caused by David Kahn, the team’s president of basketball operations. Timberwolves fans are rejoicing today, though, as reports from earlier in the week have [...]
A few months ago we reported that the Minnesota Timberwolves owner Glen Taylor was leaning towards replacing president of basketball of operations David Kahn with former coach coach Flip Saunders, well that day has come.
According to NBA.com, after firing Kahn, the Timberwolves installed Flip Saunders as the president of basketball operations with the added responsibility of...
Welcome back, Flip.
The Minnesota Timberwolves hired Flip Saunders as the team's new president of basketball operations on Friday, bringing him back eight years after he was fired as the head coach. Saunders replaces David Kahn, who was fired on Thursday after four seasons on the job, and he will have a minority stake in the franchise.
Bringing Saunders back into the fold marks...
MINNEAPOLIS For a decade, Flip Saunders called Target Center home. He led the Minnesota Timberwolves to eight straight playoff appearances and helped the franchise reach the Western Conference finals for the first time.
Back in that same building where he once had much success as a head coach, Saunders was introduced Friday as Minnesota's president of basketball operations as...
The Timberwolves have reportedly fired general manager, David Kahn. In four seasons as the GM, Kahn’s teams had a losing record of 89-223 and failed to make the playoffs in every season. He will be replaced with former Timberwolves coach (1995-2005), Flip Saunders.
According to Associated Press:
David Kahn is out as president of basketball operations for the Minnesota Timberwolves...
David Kahn is out as Minnesota Timberwolves president of basketball operations.
Timberwolves owner Glen Taylor opted not to pick up the option for next season on Kahn's contract.
''We want to thank David for all of his efforts the past four years with our basketball team,'' Taylor said in a statement issued by the team. ''These are always difficult decisions...
Flip Saunders, the Minnesota Timberwolves' new president for basketball operations, has maintained contact with Rick Adelman and believes the coach will return for a third year next season.
“I don’t think there are many organizations that can say they have two people associated that have combined for 1,600 wins,” Saunders said.
“I know what he’s going through as a...
MINNEAPOLIS Flip Saunders said it himself: Coaches always coach.
Now that Saunders has replaced David Kahn as the Minnesota Timberwolves' president of basketball operations, can the 16-year NBA coach put away his clipboard and successfully transition to a front office job?
As recently as last month, Saunders was interviewed to become the next head coach at his alma mater,...
Shocking that the man who once drafted 17 point guards has been let go
As a fan of neither team, really, and as a taxpayer in the state of Minnesota, I have to say, deciding which ownership group I like more between the Wilfs and the Vikings and Glen Taylor and the Timberwolves is very easy, and this post won’t last too long.
Zygi Wilf came from Minnesota and almost immediately began begging for money to build a stadium here. He didn’t try to connect...