Timberwolves to purchase Iowa Energy

Post #1 » by **Klomp** » Mon Jan 23, 2017 9:13 pm

Minnesota Timberwolves owner Glen Taylor and the NBA Development League today announced a letter of intent from Taylor to purchase majority ownership in the NBA D-League’s Iowa Energy.

“We’re thrilled to bring the Iowa Energy into the Timberwolves family,” said Taylor. “It’s great knowing that we can develop our young players so close to home and enjoy all the other benefits that come with owning a D-League team. We look forward to growing our relationship with the greater Des Moines area, the state of Iowa and basketball fans across the Upper Midwest.”

The Energy, which captured the 2011 NBA D-League Championship, will continue to play 24 home games at Wells Fargo Arena in downtown Des Moines, the team’s home since its inaugural season in 2007-08.

“The Minnesota Timberwolves are a first-class organization and we look forward to working with them here in Des Moines,” said SPECTRA’s Chris Connolly, general manager of the Iowa Events Center. “It will be exciting to see players develop on the Iowa Energy and to progress to play NBA basketball in Minneapolis.”

http://dleague.nba.com/news/minnesota-timberwolves-purchase-nba-dleague-iowa-energy/

Post #2 » by **Klomp** » Mon Jan 23, 2017 9:16 pm

Memphis sold the Energy because an announcement will be made tomorrow of an expansion franchise in Southaven, MS.

Post #3 » by **Klomp** » Tue May 30, 2017 6:43 pm

Iowa Energy have been rebranded as the Iowa Wolves

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