ESPN reports today that Taylor, who’s not getting any younger, has sold a minority interest in the team to Lizhang Jiang, a Shanghai-based businessman, that puts the value of the team at $1 billion.
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MPR News Reflections and observations on the news
Tag: glen taylor
Minnesota Timberwolves owner Glen Taylor has tried a few times to unload the team he saved from moving to New Orleans once, and the latest attempt appears to be fizzling. Read more →
A report today says the Minnesota Timberwolves may soon end up in the hands of out-of-town owners.
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The talk’s been bubbling for a week or so that Timberwolves owner Glen Taylor was poised to buy the Star Tribune. Today, the side went public detailing Taylor’s plans to buy the state’s biggest newspaper. Read more →