Skip to main content

Kevin Garnett says buying the Timberwolves would 'achieve my dream'

Glen Taylor has confirmed reports that he's listening to offers.

After announcing that he's among the interested buyers for the Minnesota Timberwolves, Kevin Garnett has expounded on his hopes to purchase the team from owner Glen Taylor. 

In a separate post to social media, Garnett said it is his dream to own the team in the city he loves. 

"My passion for the Minnesota Timberwolves to be a championship team is well known but I have a deeper affection for the city of Minneapolis," wrote Garnett. "I once again want to see Minneapolis as the diverse and loving community that I know it is. No two people love the city more than myself and Glen Taylor and I look forward to trying to work with him to achieve my dream."

Sports business news site Sportico reported that Taylor has retained The Raine Group to explore possible bidders for the franchise he bought for $88.5 million in 1994. The billionaire businessman and chairman of Taylor Corporation also owns the Minnesota Lynx and the Star Tribune.

It's been reported for several years that Taylor was considering an exit from the Wolves, with the Star Tribune reporting in 2015 that he was actively looking to sell a minority stake in the team.

The Athletic's Shams Charania reported that Garnett and a group of investors seeking the bid, while Charania's colleague Jon Krawczynski getting word from Taylor that he wants the buyer to purchase the Timberwolves and Lynx, and that "everybody’s been told it has to stay in Minnesota." 

“People have inquired who are interested, and very interested and have the money, but they want to move a team,” Taylor told The Athletic. “They are not a candidate. We’ve made that very clear. In those terms, nothing has changed. We got a good team here. We think we have a good future and we want to do anything we can to keep it that way.”

The Athletic says the asking price is thought to be around $1 billion. 

Garnett is the best player in Timberwolves history and is the franchise's all-time leader in nearly every statistical category. 

Next Up

Screen Shot 2022-12-08 at 2.19.37 PM

St. Paul PD releases footage showing fatal police shooting of Howard Johnson

The 24-year-old died after being shot by a St. Paul officer Monday night.

318945683_10161683635994714_4236667683357316937_n

22 dogs taken in by Animal Humane Society from shuttered breeder

The dogs were taken in after a report stated there were too many on a single property.

COVER

Latest on the 2 snowstorms set to impact Minnesota

The first arrives Thursday night into Friday before a bigger system comes next week.

PepperSprayCopMPD

Cop who pepper-sprayed downtown protesters received $150K payout

Samantha Belcourt said she "feared for her life."

Powerball Minnesota lottery

$1 million Powerball prize won in Twin Cities

The winning ticket was sold in Chanhassen for Wednesday's draw.

Screen Shot 2022-12-08 at 9.16.18 AM

Animales Barbeque Co. looks to open brick-and-mortar location

The popular food truck has partnered with the owner of Billy Sushi.

Christmas presents

Here are some 2022 holiday shipping deadlines to keep in mind

Most deadlines are a few days before Christmas Eve.

cat

Minneapolis will waive pet adoption fees on Friday

Pet licensing fees still apply to adoptions at the event.

received_5642181912525380

Family who endured car theft ordeal surprised with trip to Universal Orlando

A father rescued his four children after a thief jumped in his car while he was getting something from his trunk.

Related

Kevin Garnett

Kevin Garnett's group out of potential Timberwolves sale

Timberwolves owner Glen Taylor said that Garnett's group was not one of "more than 10" to buy the team.

Kevin Garnett

Kevin Garnett calls Timberwolves owner Glen Taylor a 'snake'

Garnett didn't hold back in an interview with Shams Charania.

Celtics to retire Kevin Garnett’s jersey before the Timberwolves

KG played 12 seasons with the Wolves but still hasn't had his number retired.