Kevin Garnett has interest in buying the Minnesota Timberwolves.
Minnesota Timberwolves owner/governor Glen Taylor is currently exploring the possibility of selling the team. Taylor, who is seeking at least $1.2 billion in a sale of the team, wants to explore any and all bids regarding the franchise. That said, he seems committed to keeping the Timberwolves in Minnesota.
Taylor went as far as saying the following to Jon Krawczynski:
Taylor also said that he was approached with an offer (and that the original bid did not work out). However, there are multiple other options being investigated.
One of those bids includes Basketball Hall of Famer Kevin Garnett, who was a player for the team from 1995 to 2007, and again from 2014 to 2016. He was a 15-time All-Star, earning nine total All-NBA honors. He is undoubtedly the greatest Minnesota Timberwolves player ever.
Kevin Garnett has made more money than any other player in NBA history, and has a total present-day net worth of around $120 million. He will not be the majority shareholder should he be a part of the offer Taylor chooses if/when he sells the team.
He and Taylor discussed the possibility of Garnett becoming part of a new ownership group that would take over for Taylor eventually. However, Taylor apparently backed out of the arrangement, thus creating tension between the two (and the animosity has not faded, with Garnett refusing to allow the Timberwolves to retire his jersey, saying he “doesn’t do business with snakes”).
Garnett coming out saying he would like to work with Taylor when it comes to potentially being part of an ownership bid is most certainly a change of pace from his stances held just a few months ago, and he seems invested in not moving the team: perhaps Taylor’s number one qualification for an owner. He has also said that if Garnett’s group were approved to buy the team that he would, in fact, sell it to them.