Minnesota Sports Forum

kekgeek wrote: ↑Wed Jun 12, 2024 10:13 am A couple things from all the reading and podcasts I have listened to on the situation. (Lip has actually covered a lot of this)

- Adding Bloomberg means nothing when it comes to arbitration with Glen. The A Rod/Lore camp now having more money does not effect the situation at all when it comes to arbitatiration. It comes down to did A Rod/Lore break the contract in any way and that is what will be decided on.

- Even if A Rod/Lore win Arbitration it does not mean they will own the team for sure. The owners have to vote. Now Bloomberg money might help that situation because the new owner should have more financial backing but we have to remember Glen has been friends with these people for a long time, Glen does not want to sell the team, will Glen owner friends actually agree to make A Rod/Lore the new owners. I personally think this is the biggest hurdle.

- Sure there is always a risk of the team moving but I will say the NBA does not want that and they are going to expand to Seattle and Vegas and with that each owner will get 300 million in expansion fees. They do not want the Wolves moving to Seattle or Vegas they want an expansion to Vegas.

- Main reason Bloomberg is involved is to buy out Glen if they win ownership. Sounds like whoever wins between Glen and A Rod side the other side is going to be bought out (For the better).

- I know there is going to be concerns of moving if Arod/Lore win. However it was mentioned that Bloomberg is a New Yorker and that is scary. I will say the Vikings Owner in the Wilfs are also New Yorkers and they have had great success building the Vikings organization in Minnesota.

- Based on podcasts and reports from Jon K. It sounds like A Rod group is operating like they own the team. They have had discussions about a new Target Center and for it to be privately funded. I know the rumor of the new arena would be Eagan and they want to create a Timberwolves village, and it is very unlikely that the twin cities would still have the Wolves going forward. A Rod group has also had discussions to get rid of Balleys and he wants to create it own "YES" network for Minnesota sports. Once again if they are able to privately fund the arena and get a TV Network done, that is a lot of long term financial potential for the new owners. So yes they might move the team, however they are doing a great job of hiding it with having conversations of plans in Minnesota

- Tim Connelly did not get a raise to 15 million he got about a 1.5 million dollar raise and his opt out is pretty much a Glen Taylor clause. If Glen retains the team Tim will opt out next year. Glen and Connelly just have a ok relationship at best.

- Bloomberg being added helps a ton for being able to pay the Lux tax however, there is still a lot of roster construction issues when in the 2nd apron. So yes one hurdle is solved in the financial aspect of the tax however roster construction is really hard. I will say I am expecting Slow Mo to be back on a 1 year deal bigger than expect because of that and they will use his contract to trade for multiple players next year (Just a prediction from me).

- At the end of the day I want Arod and Lore to run this team, I know Glen sucks. I like what Arod and Lore have done for this organization. If they fuck us I will be super sad but I can't do the Glen era again. Also I think moving the team is such a small possibility from everything I said above.

- Carlos mentioned the "No Moving Clause" Glen wanted with A Rod/Lore and that is not legally possible to put in. It was verbally agreed on but that is just like Glen looking Wiggins in the eye asking if he would try hard. It means nothing

kekgeek wrote: ↑Wed Jun 12, 2024 10:13 am A couple things from all the reading and podcasts I have listened to on the situation. (Lip has actually covered a lot of this)

- Adding Bloomberg means nothing when it comes to arbitration with Glen. The A Rod/Lore camp now having more money does not effect the situation at all when it comes to arbitatiration. It comes down to did A Rod/Lore break the contract in any way and that is what will be decided on.

- Even if A Rod/Lore win Arbitration it does not mean they will own the team for sure. The owners have to vote. Now Bloomberg money might help that situation because the new owner should have more financial backing but we have to remember Glen has been friends with these people for a long time, Glen does not want to sell the team, will Glen owner friends actually agree to make A Rod/Lore the new owners. I personally think this is the biggest hurdle.

- Sure there is always a risk of the team moving but I will say the NBA does not want that and they are going to expand to Seattle and Vegas and with that each owner will get 300 million in expansion fees. They do not want the Wolves moving to Seattle or Vegas they want an expansion to Vegas.

- Main reason Bloomberg is involved is to buy out Glen if they win ownership. Sounds like whoever wins between Glen and A Rod side the other side is going to be bought out (For the better).

- I know there is going to be concerns of moving if Arod/Lore win. However it was mentioned that Bloomberg is a New Yorker and that is scary. I will say the Vikings Owner in the Wilfs are also New Yorkers and they have had great success building the Vikings organization in Minnesota.

- Based on podcasts and reports from Jon K. It sounds like A Rod group is operating like they own the team. They have had discussions about a new Target Center and for it to be privately funded. I know the rumor of the new arena would be Eagan and they want to create a Timberwolves village, and it is very unlikely that the twin cities would still have the Wolves going forward. A Rod group has also had discussions to get rid of Balleys and he wants to create it own "YES" network for Minnesota sports. Once again if they are able to privately fund the arena and get a TV Network done, that is a lot of long term financial potential for the new owners. So yes they might move the team, however they are doing a great job of hiding it with having conversations of plans in Minnesota

- Tim Connelly did not get a raise to 15 million he got about a 1.5 million dollar raise and his opt out is pretty much a Glen Taylor clause. If Glen retains the team Tim will opt out next year. Glen and Connelly just have a ok relationship at best.

- Bloomberg being added helps a ton for being able to pay the Lux tax however, there is still a lot of roster construction issues when in the 2nd apron. So yes one hurdle is solved in the financial aspect of the tax however roster construction is really hard. I will say I am expecting Slow Mo to be back on a 1 year deal bigger than expect because of that and they will use his contract to trade for multiple players next year (Just a prediction from me).

- At the end of the day I want Arod and Lore to run this team, I know Glen sucks. I like what Arod and Lore have done for this organization. If they fuck us I will be super sad but I can't do the Glen era again. Also I think moving the team is such a small possibility from everything I said above.

- Carlos mentioned the "No Moving Clause" Glen wanted with A Rod/Lore and that is not legally possible to put in. It was verbally agreed on but that is just like Glen looking Wiggins in the eye asking if he would try hard. It means nothing

Lipoli390 wrote: ↑Tue Jun 11, 2024 10:00 pm

AbeVigodaLive wrote: ↑Tue Jun 11, 2024 6:08 am

mjs34 wrote: ↑Mon Jun 10, 2024 6:03 pm

During a recent Dane Moore podcast Jon K stated that Arod/Lore have mentioned a privately financed arena in the near future.

Yeah. I just heard about that from a couple of buddies last night. They also said that they already have the location picked out... but when the owner of that land was asked... he said he hasn't been contacted.

I don't know. But I should probably learn more about what's going on.

My buddies also wondered whether that statement was more of a PR move to get local support from fans. We'll see when it comes down to it whether any new arena would be publicly financed. I'd be SHOCKED if the people in charge don't at least try to get public money first.

Where is the location?

mjs34 wrote: ↑Wed Jun 12, 2024 12:27 pm

kekgeek wrote: ↑Wed Jun 12, 2024 10:13 am A couple things from all the reading and podcasts I have listened to on the situation. (Lip has actually covered a lot of this)

- Adding Bloomberg means nothing when it comes to arbitration with Glen. The A Rod/Lore camp now having more money does not effect the situation at all when it comes to arbitatiration. It comes down to did A Rod/Lore break the contract in any way and that is what will be decided on.

- Even if A Rod/Lore win Arbitration it does not mean they will own the team for sure. The owners have to vote. Now Bloomberg money might help that situation because the new owner should have more financial backing but we have to remember Glen has been friends with these people for a long time, Glen does not want to sell the team, will Glen owner friends actually agree to make A Rod/Lore the new owners. I personally think this is the biggest hurdle.

- Sure there is always a risk of the team moving but I will say the NBA does not want that and they are going to expand to Seattle and Vegas and with that each owner will get 300 million in expansion fees. They do not want the Wolves moving to Seattle or Vegas they want an expansion to Vegas.

- Main reason Bloomberg is involved is to buy out Glen if they win ownership. Sounds like whoever wins between Glen and A Rod side the other side is going to be bought out (For the better).

- I know there is going to be concerns of moving if Arod/Lore win. However it was mentioned that Bloomberg is a New Yorker and that is scary. I will say the Vikings Owner in the Wilfs are also New Yorkers and they have had great success building the Vikings organization in Minnesota.

- Based on podcasts and reports from Jon K. It sounds like A Rod group is operating like they own the team. They have had discussions about a new Target Center and for it to be privately funded. I know the rumor of the new arena would be Eagan and they want to create a Timberwolves village, and it is very unlikely that the twin cities would still have the Wolves going forward. A Rod group has also had discussions to get rid of Balleys and he wants to create it own "YES" network for Minnesota sports. Once again if they are able to privately fund the arena and get a TV Network done, that is a lot of long term financial potential for the new owners. So yes they might move the team, however they are doing a great job of hiding it with having conversations of plans in Minnesota

- Tim Connelly did not get a raise to 15 million he got about a 1.5 million dollar raise and his opt out is pretty much a Glen Taylor clause. If Glen retains the team Tim will opt out next year. Glen and Connelly just have a ok relationship at best.

- Bloomberg being added helps a ton for being able to pay the Lux tax however, there is still a lot of roster construction issues when in the 2nd apron. So yes one hurdle is solved in the financial aspect of the tax however roster construction is really hard. I will say I am expecting Slow Mo to be back on a 1 year deal bigger than expect because of that and they will use his contract to trade for multiple players next year (Just a prediction from me).

- At the end of the day I want Arod and Lore to run this team, I know Glen sucks. I like what Arod and Lore have done for this organization. If they fuck us I will be super sad but I can't do the Glen era again. Also I think moving the team is such a small possibility from everything I said above.

- Carlos mentioned the "No Moving Clause" Glen wanted with A Rod/Lore and that is not legally possible to put in. It was verbally agreed on but that is just like Glen looking Wiggins in the eye asking if he would try hard. It means nothing

I think that is just a formality as long as the financing/assets are in place. They already approved them as minority owners so they likely have no other red flags to worry about.

Have you heard rumors about any issues between Connelly and Taylor? Taylor seems to be more of a "hands off" owner and loyal to his people. As long as the money is there, I wouldn't expect there to be an issue now that he is settled here in Mn.

kekgeek wrote: ↑Wed Jun 12, 2024 10:13 am A couple things from all the reading and podcasts I have listened to on the situation. (Lip has actually covered a lot of this)

- Adding Bloomberg means nothing when it comes to arbitration with Glen. The A Rod/Lore camp now having more money does not effect the situation at all when it comes to arbitatiration. It comes down to did A Rod/Lore break the contract in any way and that is what will be decided on.

- Even if A Rod/Lore win Arbitration it does not mean they will own the team for sure. The owners have to vote. Now Bloomberg money might help that situation because the new owner should have more financial backing but we have to remember Glen has been friends with these people for a long time, Glen does not want to sell the team, will Glen owner friends actually agree to make A Rod/Lore the new owners. I personally think this is the biggest hurdle.

- Sure there is always a risk of the team moving but I will say the NBA does not want that and they are going to expand to Seattle and Vegas and with that each owner will get 300 million in expansion fees. They do not want the Wolves moving to Seattle or Vegas they want an expansion to Vegas.

- Main reason Bloomberg is involved is to buy out Glen if they win ownership. Sounds like whoever wins between Glen and A Rod side the other side is going to be bought out (For the better).

- I know there is going to be concerns of moving if Arod/Lore win. However it was mentioned that Bloomberg is a New Yorker and that is scary. I will say the Vikings Owner in the Wilfs are also New Yorkers and they have had great success building the Vikings organization in Minnesota.

- Based on podcasts and reports from Jon K. It sounds like A Rod group is operating like they own the team. They have had discussions about a new Target Center and for it to be privately funded. I know the rumor of the new arena would be Eagan and they want to create a Timberwolves village, and it is very unlikely that the twin cities would still have the Wolves going forward. A Rod group has also had discussions to get rid of Balleys and he wants to create it own "YES" network for Minnesota sports. Once again if they are able to privately fund the arena and get a TV Network done, that is a lot of long term financial potential for the new owners. So yes they might move the team, however they are doing a great job of hiding it with having conversations of plans in Minnesota

- Tim Connelly did not get a raise to 15 million he got about a 1.5 million dollar raise and his opt out is pretty much a Glen Taylor clause. If Glen retains the team Tim will opt out next year. Glen and Connelly just have a ok relationship at best.

- Bloomberg being added helps a ton for being able to pay the Lux tax however, there is still a lot of roster construction issues when in the 2nd apron. So yes one hurdle is solved in the financial aspect of the tax however roster construction is really hard. I will say I am expecting Slow Mo to be back on a 1 year deal bigger than expect because of that and they will use his contract to trade for multiple players next year (Just a prediction from me).

- At the end of the day I want Arod and Lore to run this team, I know Glen sucks. I like what Arod and Lore have done for this organization. If they fuck us I will be super sad but I can't do the Glen era again. Also I think moving the team is such a small possibility from everything I said above.

- Carlos mentioned the "No Moving Clause" Glen wanted with A Rod/Lore and that is not legally possible to put in. It was verbally agreed on but that is just like Glen looking Wiggins in the eye asking if he would try hard. It means nothing

kekgeek wrote: ↑Wed Jun 12, 2024 10:13 am - Carlos mentioned the "No Moving Clause" Glen wanted with A Rod/Lore and that is not legally possible to put in. It was verbally agreed on but that is just like Glen looking Wiggins in the eye asking if he would try hard. It means nothing

Carlos Danger wrote: ↑Thu Jun 13, 2024 7:53 am

kekgeek wrote: ↑Wed Jun 12, 2024 10:13 am - Carlos mentioned the "No Moving Clause" Glen wanted with A Rod/Lore and that is not legally possible to put in. It was verbally agreed on but that is just like Glen looking Wiggins in the eye asking if he would try hard. It means nothing

FYI, I found an old article of what was said at the time of the deal regarding a "no move clause".

https://www.nbcsports.com/nba/news/glen ... olves-sale

It was stated at the time that any such clause would be difficult to enforce. But, without anyone other than the parties involved knowing the exact language...we don't know what we don't know.

Even though I'm not a Taylor fan, I do believe he has an agreement in place to keep the team here. But I would also assume there would be windows or "outs" based on different criteria or time limitations. Nobody is paying that kind of money to be handcuffed without options. That stated, I agree with most everyone else, a move in the near term seems unlikely. Longer term - nobody knows. It was probably the one good thing about home grown Taylor owning the team - we knew they were not going anywhere (including the playoff - cue rimshot)

kekgeek wrote: ↑Thu Jun 13, 2024 9:41 am
It’s not in the purchase agreement so we do sort of no. Like the article said it’s so hard to put a no move clause in.

Purchase agreement below: https://www.courtlistener.com/docket/59 ... -v-taylor/

I’ve not read the purchase agreement in full, however people like Dane and Doogie have and I think they would of mentioned the no moving clause