Garnett and Saunders could team to buy Wolves


VIDEO: The top 10 plays from Kevin Garnett’s career with Minnesota

HANG TIME NEW JERSEY — Kevin Garnett‘s return to Minnesota (and the two-year contract extension he’s expected to sign) might be about more than just mentoring the Timberwolves’ young core.

Charley Walters of the St. Paul Pioneer Press reports that Garnett and Wolves president Flip Saunders could eventually form a team to buy the franchise

The contract extension Kevin Garnett, 38, will sign with the Timberwolves this summer will be for two years. During that period, Garnett and Wolves president-coach Flip Saunders are expected to try to form a group to buy the team from Glen Taylor.

Garnett has amassed more than $325 million in salaries during 20 seasons in the NBA. Saunders, who turns 60 on Monday, has made an estimated $40 million during 17 seasons as a NBA coach.

The Wolves, for whom Taylor paid $88 million in 1994, were valued at $625 million last January by Forbes. Taylor, who turns 74 in April, is amenable to taking in more limited partners. But he’s not interested in selling his team until he finds out what the Atlanta Hawks, who are for sale and currently are taking bids, end up going for.

No player in NBA history has earned more money than Garnett, and most of it has come from Taylor. If Garnett eventually buys the team, Taylor would be getting some of that money back.

4 Comments

  1. harriethehawk says:

    Sounds like a plan. Kevin Garnett is smart to consider and plan for his 2nd life. Unlike most athletes.

  2. odessa says:

    OH yes please someone anyone buy the wolves from glen taylor!!!!!!!!

  3. Wing Kin says:

    It would be interesting to see KG owning the team he played at his prime.