Wolves ownership arbitration coming tomorrow or Monday

[kekgeek]

If Taylor prevails in arbitration, he will keep ownership. If the arbitrators rule in favor of Lore and Rodriguez, they likely will be given the right to a 90-day window in which to finish paying Taylor for control of the franchise. The NBA Board of Governors would have to approve the sale. Taylor is also owner of the Minnesota Star Tribune. Kathleen Blatz, Thomas Fraser and Joseph R. Slights III comprised the three-member arbitration panel. All have deep legal pedigrees.

Blatz was named an associate justice of the Minnesota Supreme Court in 1996 and was appointed chief justice by Gov. Arne Carlson in 1998. She was the first female chief justice in state history and served in that role until retiring in 2006.

Fraser served as a Hennepin County District Court judge from 2013-21 after being appointed by Gov. Mark Dayton. He also worked in the Solicitor General and Tort Claims divisions of the Minnesota Attorney General’s Office.

Slights III has a prestigious legal résumé out of Delaware, which is the epicenter of business incorporation and litigation in the United States. He had served as the vice chancellor of the Delaware Court of Chancery and as a Delaware Superior Court judge. Fraser was the neutral arbitrator, Blatz was selected by Taylor and Slights III was selected by Lore and Rodriguez.

Lore and Rodriguez have said they’ve put more than $900 million into an escrow account and are ready to finalize their purchase, if the panel rules in their favor.

-Star tribune

[Phenom]

The end of the Taylor era is nigh.

[kekgeek]

Have seen a LOT of chatter online about an arbitration decision in favor of Marc Lore and Alex Rodriguez. Have checked with both sides and the decision has not been revealed to either party yet. It is expected Friday or Monday. My gut says Monday, but we will see.

-Jon K

[Coolbreeze44]

Have seen a LOT of chatter online about an arbitration decision in favor of Marc Lore and Alex Rodriguez. Have checked with both sides and the decision has not been revealed to either party yet. It is expected Friday or Monday. My gut says Monday, but we will see.

-Jon K

I'm seeing the same chatter

[kekgeek]

On the Dane Moore podcast has reported that Glen Taylor hires in the wolves organization have started to interview elsewhere

[Q-is-here]

On the Dane Moore podcast has reported that Glen Taylor hires in the wolves organization have started to interview elsewhere

That's a good sign.

[KG4Ever]

On the Dane Moore podcast has reported that Glen Taylor hires in the wolves organization have started to interview elsewhere

That's a good sign.

Old idiot or young idiots. Neither is good.

[FNG]

On the Dane Moore podcast has reported that Glen Taylor hires in the wolves organization have started to interview elsewhere

That's a good sign.

I hope so, Q, but I don’t know. I like the “star quality” of Lore/Arod, but there is some risk as to whether they are going to be willing to enter tax land like glen was. Glen reported that the potential new owners had submitted a budget to the league that got us out of the lux tax by gutting the roster. I don’t like that if it’s true. Like him or not, Glen’s willingness to pay a big lux tax has led to our success. I hope we get the same from the new owners.

[Monster]

On the Dane Moore podcast has reported that Glen Taylor hires in the wolves organization have started to interview elsewhere

That's a good sign.

Old idiot or young idiots. Neither is good.

Idk if I had some options and a decision was incoming like there is and I thought I might not have a job in the bearish future I think it might make sense to do some interviews.

[Q-is-here]

On the Dane Moore podcast has reported that Glen Taylor hires in the wolves organization have started to interview elsewhere

That's a good sign.

I hope so, Q, but I don’t know. I like the “star quality” of Lore/Arod, but there is some risk as to whether they are going to be willing to enter tax land like glen was. Glen reported that the potential new owners had submitted a budget to the league that got us out of the lux tax by gutting the roster. I don’t like that if it’s true. Like him or not, Glen’s willingness to pay a big lux tax has led to our success. I hope we get the same from the new owners.

I'm rooting for ALore due to two reasons: 1) By any objective measure other than keeping the team in Minnesota, Taylor has been an abject failure as an owner. We are one of the losing-est franchises in the history of American sports and a lot of that happened on his watch. 2) Dane Moore has had more of an inside peak into the inner workings of the Wolves organization for the past 8 years and he believes it's poorly run and dysfunctional. In fact, he sounded so disillusioned by what he's witnessed that I'm not sure how he continues doing what he's doing if Glen retains ownership.