Skip to main content

Report: Garnett, Saunders want to buy Wolves from Glen Taylor

  • Author:
  • Updated:

Trading for Kevin Garnett was about basketball.

It was an opportunity, as Grantland notes, for the Wolves to re-acquire the greatest player in franchise history for Thaddeus Young, who could have left Minnesota for nothing at the end of the season.

Beyond basketball, Garnett's future in Minnesota could include part-ownership of the team.

Charley Walters of the Pioneer Press reports that Garnett is expected to sign a two-year contract extension this summer and during those years he and Wolves president/head coach Flip Saunders are "expected to try to form a group to buy the team from Glen Taylor."

It's been Garnett's ambition to someday buy the Wolves.

"I want to buy the Timberwolves. Put a group together and perhaps some day try to buy the team. That's what I want," Garnett told Yahoo Sports in November.

Sid Hartman offered a prediction related to Garnett's future in his latest column in the Star Tribune:

"My prediction: Garnett will play at least one more year and then might even be on the coaching staff in addition to being a part of the front office and ownership group."

Pro Basketball Talk expects the Timberwolves will cost an owner or ownership group upwards of $750 million.

Twenty years worth of NBA salaries have paid Garnett $315 million, according to Basketball-Reference. If he and Saunders team up to form an ownership group, it would fulfill Taylor's hopes, as he said in 2012, of selling the team to a group that plans to keep the franchise in Minnesota.

“I have to find someone that’s committed to here," Taylor said in a 2012 interview. "It’s always best if it would be a Minnesotan. I’m telling you I don’t know that’s the way it’s going to work out. I haven’t had a lot of Minnesotans step up.”

Next Up

Tettegouche State Park bridge

Trails reopen as waters subside, but bridges damaged at Tettegouche State Park

Water levels on the river have dropped about six to eight feet since Friday.

Keith Harvell

Body pulled from Mississippi River ID'd as missing Elk River man

Keith Harvell had been missing since early last month.

900 W Broadway Ave, Minneapolis, Minnesota - July 2021

2 victims identified in double-fatal north Minneapolis shooting

A 21-year-old man and a 51-year-old man were identified as the people who died at the scene this past weekend.

Proctor football

Former Proctor HS football player pleads guilty to sexual assault of teammate

The case will also remain in juvenile court, with conditions.

Doug Wardlow

Doug Wardlow reneges on promise, will challenge GOP's AG candidate in primary

Wardlow's announcement sparked swift criticism from the MN GOP and the party-endorsed candidate, Jim Schultz.

Flickr - welcome to minnesota sign - Tony Webster

US News '150 Best Places to Live' features 1 from MN, 3 from WI

The latest US News list is for the most populous metro areas only, so no small towns.


7 tornadoes touched down last week in western MN, ND

Two of the seven were EF-2 level tornadoes, according to the National Weather Service.


Minnesota's COVID-19 update for Tuesday, May 17

72 hours of case data reported over the weekend is included in Tuesday updates.

Stallings surveillance footage - screengrab - crop

City of Minneapolis, Jaleel Stallings reach $1.5M settlement

Although a settlement was made, the city will not admit fault or take any responsibility for the incident as part of the agreement with Stallings.


2 rescued after kayaks capsize on Sauk River

Recent heavy rainfall produced a strong currents on the water.