Exactly what is going on with the Target Center renovation?

[Minnesota Power]

I am a huge Wolves fan and am always worried and nervous they are going to relocate and we will lose our team like Seattle. It would be devastating if we lost our team. But just earlier this year that Seattle group Chris Hansen was trying to buy our team and move them to Seattle, not to mention I have heard nothing of the Target Center renovations that are suppose to be going on and the lease ends in 2025 and by then the Target Center is going to be so old and outdated and no way we build them a new one after building the Xcel, Target Field, and the new Vikings stadium.

Not to mention the Wolves are the least popular of our 4 pro teams and Minnesotans don't want to pay for a new arena for the least popular team that hasn't made the playoffs since the stone age. And Glen Taylor is getting old and no Minnesotans besides him actually want to own the team and keep them here in Minnesota.

I know David Stern was at a Twolves game last season talking about the Target Center renovations and how he loves Minnesota but I don't buy it or trust him. He said the same thing about Seattle. http://www.youtube.com/watch?v=qV4QLK0HnOc

So if these Target Center renovations ever get going, and than come 2025 the arena is now out of date yet again and we don't want to build them a new arena, what happens?
Sounds like another Seattle Supersonics relocation in the making. Seattle renovates the Key Arena in the mid 1990s than by the time their lease is up in 2010 its now out of date and they need a whole new arena.

[Mattya]

Nope

[The J Rocka]

New proposed renovation along with a loyal owner who saved us from moving in the past tells me no. Flip being here ensures our franchise will stay in Minnesota when Taylor is ready to sell to his group.

I think the Bucks will be on the hot seat, more so than us.

[Wolves_Nation]

No. They are moving along on renovations and Glen Taylor is adamant on keeping them here. It will be a part of the sale contract. Flip will help with that too.

[C.lupus]

Klomp posted this a couple days ago:
[tweet]https://twitter.com/DarrenWolfson/status/375068826016051200[/tweet]

and Taylor took the team off the market because he couldn't find a buyer who would guarantee the team would stay in Minnesota. So I think it's safe to say they are staying for the foreseeable future.

[Minnesota Power]

It makes me nervous what happens when he does sell and he cant find a buyer? And what happens after the Target Center lease is up in 2025?

[C.lupus]

There's plenty of things in life to worry about other than something that might happen twelve years from now.

[Klomp]

It makes me nervous what happens when he does sell and he cant find a buyer? And what happens after the Target Center lease is up in 2025?

Kinda hard to sell without there being a buyer. If he can't find a buyer, he won't sell.

[Klomp]

Klomp posted this a couple days ago:
[tweet]https://twitter.com/DarrenWolfson/status/375068826016051200[/tweet]

and Taylor took the team off the market because he couldn't find a buyer who would guarantee the team would stay in Minnesota. So I think it's safe to say they are staying for the foreseeable future.

Thank you for saving me the hassle of having to dig for that.

[cpfsf]

There's plenty of things in life to worry about other than something that might happen twelve years from now.

when i was in elementary school, i remember people talking about how the vikings might leave if they don't get a new stadium. that was like 1998.

[Minnesota Power]

Yeah, I am a glass half empty kind of guy. Thats awesome that Taylor will only sell to someone to keep them in Minnesota, but how can he control that? What abut down the line what happens if that owner sells to someone else?

Ackerly sells the Sonics to Howard Schultz says he wanted to make sure the Sonics remain in Seattle and he is leaving the fans in good hands. Obviously the Sonics were not in good hands in Schultz than they end up being sold to Clay Bennett when Schultz had no clue what he was doing as a basketball team owner, and Bennett lies and says he intends on keeping them in Seattle.

Anyways I do trust Taylor for buying them back in 1994 to prevent them from going to New Orleans and not selling to the Chris Hanson seattle group earlier this year.

[Yes We Kahn]

You need to chill out a little bit. Lots of what ifs.... What if we just worry about things that matter now rather than 12 years from now.

[urinesane]

What if a comet hits the Earth tomorrow?

You need better problems to worry about.

[MinneOOPalis]

Lets worry about not being in the lottery for another year instead..

[Mattya]

What if we draft the guy who leap frogs MJ as the GOAT?

[shrink]

It was more than Tayor not selling -- he actually was a buyer this summer.

Taylor has kept in contact with Flip all these years, even before he became GM. According to Flip on KFAN's Dan Barriero show, Flip talked about how he thought that the NBA was poised for major growth, and reminded Taylor that he has two young star that would ride the wave of popularity. Taylor not only took the team off the market, but personally bought out half of his minor investors to have a bigger share. I think Flip said that he also bought a slice of ownership of the Wolves now too.

I think that Taylor selling the Wolves was a possibility last year, though I agree it would only have been to a local owner. He just has too many connections to this town, and he's not about to move to a new city. However, I think that possibility disappeared when Flip arrived, and Taylor is now re-energized about owning the Wolves.

I hope this information allays some of your concerns.

[Minnesota Power]

Other than some random tweet by some random guy
https://twitter.com/DarrenWolfson/statu ... 6016051200

Exactly what else is going on? Wasn't this suppose to start already?
People tell me I shouldn't worry about the team relocating but how are we going to get a new publicly funded arena (Am I suppose to believe they're going to have a 100% privately funded arena!? When is the last time that ever happened?) when the lease is up in 2025 (we all know the Target Center will be yet again outdated just like Key Arena and the whole Seattle situation) when we can't even get a simple renovation done? Not to mention the Vikings have been trying to get a new stadium since the 90s and even though THAT is breaking ground this year or is suppose to, theres still a billion issues with it.

[champalift]

I wouldn't be concerned. If you don't recall, Glen saved the Wolves from moving when he originally bought the team. He also decided not to sell last season since no potential buyer would guarantee they would keep the team in Minnesota. As long as Glen owns the team, I am not scared of the Wolves getting moved.
Here is a link that may help answer some questions. http://targetcenterrenovation.org/
My understanding is the renovation cost will be split by the Wolves, the city of Minneapolis, and AEG (the entertainment/concert promoter.)

[Yes We Kahn]

Did you really need to make another thread about the same topic?
viewtopic.php?f=22&t=1272851

Also, he's not exactly some random guy...

[Klomp]

Did you really need to make another thread about the same topic?
viewtopic.php?f=22&t=1272851

Also, he's not exactly some random guy...

Correct.