The current owner of the Minnesota Timberwolves Glen Taylor has issued a statement that may mean that his time may be for sale.
“I was recently approached by The Raine Group to discuss the future of our franchise. From the time I bought the team in 1994, I have always wanted what’s best for our fans and will entertain opportunities on the evolution of the Timberwolves and Lynx ownership structure,” – Glen Taylor
There are rumors that there are a few suitable bidders that are willing to buy the team. A deal may be done in the next few months.
Glen Taylor has owned the Minnesota Timberwolves since 1994
source https://www.offsports.xyz/2020/07/minnesota-timberwolves-may-be-up-for.html