Minnesota Sports Forum

FNG wrote: ↑Mon Apr 01, 2024 9:47 am

davemang wrote: ↑Sun Mar 31, 2024 12:31 pm This will be really interesting going into the offseason if they’re still duking it out. Wolves looking at going 25-50m into the tax next year when in their history they’ve gone 25m into the tax total. In theory with minority owners, that tax burden is shared right? Who does TC have to take direction from? If they’re in a legal battle, who gets to make the decisions and who pays the tax?

Very relevant questions, Dave. I think that as long as Glen remains as majority owner, he calls the shots. TC has to listen to him, because the majority owner has the power to fire him. And you are correct...all of the minority owners and limited partners share in the lux tax. I know that certain limited partners have opted to be bought out by Glen in the past rather than participating in the tax.

I note that Glen and Becky were at the game yesterday. Does anyone know if they were booed at times during the game? I'm disappointed if a group of fans didn't at least start a chant...something like "complete the sale!". Minnesota Nice, I guess.

On the Dane Moore podcast, Lore/ARod said Glen has banned them from coming to games! We should note the Wolves are now 0-1 in games in which Glen has banned them from attending.

Q-is-here wrote: ↑Mon Apr 01, 2024 11:12 am Seems like it would be hard to organize a chant or boo-fest of a person that isn't introduced or on the field of play.

FNG wrote: ↑Tue Apr 02, 2024 1:30 pm Really interesting article by Jim Souhan in todays StarTrib about this situation. He likens all the sycophants (including Jim Pete, Finchie, and some of the players) coming over to greet/hug the Taylors before the game started to the final scene in Godfather I...where everyone shows up to kiss Pacino's ring after his competition had been eliminated. Funny, but also very telling.

Taylor is Souhan's employer, so we have to take Jim's comments with a grain of salt. But he postulates that Glen staying on as majority owner could be the best result. While Lore and ARod are not a known commodity in terms of their loyalty to Minnesota, Glen is not...he stepped up to keep the Wolves in the state, and also saved the StarTrib when it was going down. As long as the Taylor family is making the decisions (and Becky is only 66 and a superfan, as are many of the kids and grandkids). we can feel confident the Wolves are not leaving.

Further, as I've mentioned before, Lore/Arod will still be 40% owners. And having 2 billionaires plus the well-healed ARod in the ownership group (as well as other limited partners) leads to a bundle of cash available to pay any luxury tax that might pop up.

Who knows what is going to happen here, but Souhan's article made me feel a little bit better.

FNG wrote: ↑Tue Apr 02, 2024 1:30 pm Really interesting article by Jim Souhan in todays StarTrib about this situation. He likens all the sycophants (including Jim Pete, Finchie, and some of the players) coming over to greet/hug the Taylors before the game started to the final scene in Godfather I...where everyone shows up to kiss Pacino's ring after his competition had been eliminated. Funny, but also very telling.

Taylor is Souhan's employer, so we have to take Jim's comments with a grain of salt. But he postulates that Glen staying on as majority owner could be the best result. While Lore and ARod are not a known commodity in terms of their loyalty to Minnesota, Glen is not...he stepped up to keep the Wolves in the state, and also saved the StarTrib when it was going down. As long as the Taylor family is making the decisions (and Becky is only 66 and a superfan, as are many of the kids and grandkids). we can feel confident the Wolves are not leaving.

Further, as I've mentioned before, Lore/Arod will still be 40% owners. And having 2 billionaires plus the well-healed ARod in the ownership group (as well as other limited partners) leads to a bundle of cash available to pay any luxury tax that might pop up.

Who knows what is going to happen here, but Souhan's article made me feel a little bit better.

FNG wrote: ↑Tue Apr 02, 2024 1:30 pm Really interesting article by Jim Souhan in todays StarTrib about this situation. He likens all the sycophants (including Jim Pete, Finchie, and some of the players) coming over to greet/hug the Taylors before the game started to the final scene in Godfather I...where everyone shows up to kiss Pacino's ring after his competition had been eliminated. Funny, but also very telling.

Taylor is Souhan's employer, so we have to take Jim's comments with a grain of salt. But he postulates that Glen staying on as majority owner could be the best result. While Lore and ARod are not a known commodity in terms of their loyalty to Minnesota, Glen is not...he stepped up to keep the Wolves in the state, and also saved the StarTrib when it was going down. As long as the Taylor family is making the decisions (and Becky is only 66 and a superfan, as are many of the kids and grandkids). we can feel confident the Wolves are not leaving.

Further, as I've mentioned before, Lore/Arod will still be 40% owners. And having 2 billionaires plus the well-healed ARod in the ownership group (as well as other limited partners) leads to a bundle of cash available to pay any luxury tax that might pop up.

Who knows what is going to happen here, but Souhan's article made me feel a little bit better.