GLEN TAYLOR RUMORS & GOSSIP

Timberwolves finalize addition of NBA's 1st Chinese minority owner

MINNEAPOLIS -- The Minnesota Timberwolves have finalized the addition of the first Chinese minority owner in NBA history. The Timberwolves announced that the deal has been completed to add Lizhang Jiang and Meyer Orbach to the team's ownership group. Jiang will own 5 percent of the Timberwolves and WNBA's Lynx while Orbach has purchased a 9.5 percent stake. Lizhang is the founder...
Via Associated Press
1 day ago  |  Discuss

Taylor sells Timberwolves shares to NBA’s first Chinese owner

Timberwolves owner Glen Taylor has sold five percent of the franchise to Lizhang Jiang, the NBA’s first Chinese minority owner. You’ll no doubt recall that Taylor appeared to be close to sell up to 30 percent of the team to a group led by current Memphis Grizzlies’ minority owner Steve Kaplan multiple times in the past […] Taylor sells Timberwolves shares to NBA’s first...
Via Dunking with Wolves
3 days ago

AP Source: Timberwolves adding NBA's 1st Chinese owner

MINNEAPOLIS (AP) Minnesota Timberwolves owner Glen Taylor is bringing in two new minority partners to his ownership group, including the NBA's first Chinese owner, a person with knowledge of the situation told The Associated Press. Shanghai investor Lizhang Jiang and New Jersey real estate mogul Meyer Orbach are joining the Timberwolves' ownership group, the person said Monday...
Via Associated Press
3 days ago  |  Discuss

AP Source: Timberwolves adding 1st Chinese minority owner

MINNEAPOLIS (AP) A person with knowledge of the situation tells The Associated Press that Minnesota Timberwolves owner Glen Taylor is bringing in two new minority partners, including the NBA's first Chinese owner. Shanghai investor Lizhang Jiang and New Jersey real estate mogul Meyer Orbach are joining the Timberwolves' ownership group. The person spoke on condition of anonymity...
Via Associated Press
3 days ago  |  Discuss

Glen Taylor Sells Shares Of Wolves, Will Remain Controlling Owner

Glen Taylor has sold shares of the Minnesota Timberwolves to a number of parties that will enable him to remain the controlling owner into the future. Taylor had planned to sell 30 percent of the Wolves to Steve Kaplan with the intention of him becoming controlling owner in the future, but the deal fell apart. Last week Taylor closed a deal to bring in Lizhang Jiang, a Shanghai-based...
Via RealGM
3 days ago  |  Discuss

Timberwolves, Lynx CEO Rob Moor steps down

MINNEAPOLIS (AP) Rob Moor, the longtime CEO of the Minnesota Timberwolves and Lynx, is stepping down. The Wolves and Lynx made the announcement on Friday. The teams say Moor will transition to a role that assists owner Glen Taylor in overseeing his business interests. Taylor says he needs more help with the business side of his affairs as he continues planning for eventual successors...
Via Associated Press
14 days ago  |  Discuss

Report: Tom Thibodeau, Jeff Van Gundy to meet with Timberwolves

Tom Thibodeau and Jeff Van Gundy will reportedly meet with the Minnesota Timberwolves to discuss their vacant head coaching position. According to Adrian Wojnarowski of The Vertical, the two high-profile coaches are slated to meet with the team, including owner Glen Taylor, in the days to come. Taylor is using executive firm Korn Ferry to help with the search, the same firm that...
Via Larry Brown Sports
April 16, 2016  |  Discuss

Report: ‘Rising belief’ Sam Mitchell could be ousted as Wolves head coach

Could Minnesota’s season finale against the Pelicans be Sam Mitchell’s final game as head coach of the Timberwolves? According to a report by Marc Stein of ESPN on Wednesday, there is a “rising belief in NBA coaching circles” that Mitchell will not be retained by the team next season. There is also a rising belief in NBA coaching circles that Wolves interim coach Sam...
Via Larry Brown Sports
April 13, 2016  |  Discuss

Minnesota Timberwolves: Glen Taylor’s trade comments not needed

Earlier this week, ESPN reported that Minnesota Timberwolves owner Glen Taylor made some statements about the Kevin Love trade, commenting on Love’s defense, claiming that Love will get the blame if the Cleveland Cavaliers struggle and bringing up Love’s injury history. Kevin Love I understand the frustration that Taylor must feel now that Love has officially left the Minnesota...
Via isportsweb.com
August 30, 2014  |  Discuss

Wolves owner takes a few parting shots at Kevin Love

Now that Kevin Love is officially a Cleveland Cavalier, it’s open season for his former employer and/or teammates to take shots at him on his way out the door. That’s exactly what Minnesota Timberwolves owner Glen Taylor has done. Would you […]
Via The Kevin Burke Project
August 26, 2014  |  Discuss
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