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[Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves

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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#941 » by KGdaBom » Wed Apr 10, 2024 10:49 pm

KGdaBom wrote:
Klomp wrote:
KGdaBom wrote:At least one out of a hundred times seeing his side might have merit. You automatically spin everything into Glen is evil and he sucks. I've noted times where I see A Rod and Lore might have a point.

There are multiple examples for your choosing on page 32 of this thread.

Thanks. I will go back and examine that page.

Upon examining that page you did show some objectivity. Still biased :lol: , but some objectivity. I feel better.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#942 » by guest81 » Wed Apr 10, 2024 10:50 pm

TimberKat wrote:
guest81 wrote:Is it even possible to get under the luxury tax next year? You'd have to like trade kat without taking back money somehow

Yes, Towns for picks to Detroit. Maybe it's a good thing the sales didn't go thru. This whole thing is turning into the movie "Major League". Guys we better win it this year.


Pistons cannot just asorb kats contract
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#943 » by KGdaBom » Wed Apr 10, 2024 10:51 pm

Movics wrote:
KGdaBom wrote:
Movics wrote:Leaks that were apparently true. “People like Tim Conally don’t come to Minnesota.” That’s why you need someone in the ownership who knows how a top tier organization is run even if it’s baseball. Arod and Lore were absolutely the “culture” change the team needed. A proved winner that even the players can look up to. Wish they had a few billions more… :)

They are not proven winners. They are not people to look up to. Maybe it's true that they were the driving force behind hiring Connelly. Just a year ago many were considering Connelly a massive failure. I didn't hear them talking about how the hiring was all about them then. Keep that stuff out of the public eye. Nothing positive will come from it.
Today's leak from Glen is probably true. He has documentation. What good does leaking it do? Nothing positive will come from it.

I’d consider ARod a proven winner as a player. He was also part of one of the most well run baseball organizations and became a successful businessman.
I don’t think Connelly was ever considered a failure, but let’s agree to disagree on that.
I have to agree, any of these leaks are not good. Keep it behind closed doors, but as someone who wants change and sees the new owners as great successors to a historically proven bad owner, I consider the new guys’s side much more believable

Connelly was a laughing stock to the entire NBA for the Gobert trade. Glen could have said well it wasn't me it was all A Rod/Lore and Connelly. He didn't. He took the heat along with everybody else. Now that it's looking good A Rod and Lore are taking all the credit.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#944 » by Nick K » Wed Apr 10, 2024 10:57 pm

Klomp wrote:
Texas Chuck wrote:
Klomp wrote:Hilarious part of the Woj tweet: "would've lowered team's payroll to $171M"

This year's payroll is $164M, so that wouldn't actually be lowering it at all. This isn't a cap-slashing like the Twins did this winter.


It's absolutely lowering it based on the current payroll for next year. I thought that was pretty clear, but I guess not? But right now they sit at $191 with a projected $198M. That's a $20-30M cut. Pretty significant since it costs them a significant player or two.


I think everyone knew that changes would be made this summer. I think it's foolish to think otherwise.

Taylor doesn't even commit to paying the luxury tax by sending Woj this info. He's just trying to burn his supposed partners by releasing this.

And his timing couldn't be worse, and it comes in pure Minnesotan "yeah but" fashion. Yeah we're playing for the No. 1 seed, but there might be financial moves made this summer".


Right! Of course Taylor leaked this. No doubt. Just another dirty trick by Glen.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#945 » by shrink » Wed Apr 10, 2024 10:59 pm

Are you madder about the leaker, or about what ARod and Lore formally plan to do to the team?

Woj isn’t posting this without verifying it with any of the other 29 owners.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#946 » by TimberKat » Wed Apr 10, 2024 10:59 pm

guest81 wrote:
TimberKat wrote:
guest81 wrote:Is it even possible to get under the luxury tax next year? You'd have to like trade kat without taking back money somehow

Yes, Towns for picks to Detroit. Maybe it's a good thing the sales didn't go thru. This whole thing is turning into the movie "Major League". Guys we better win it this year.


Pistons cannot just asorb kats contract

Now, that is one sad team :-?
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#947 » by shrink » Wed Apr 10, 2024 11:01 pm

guest81 wrote:
TimberKat wrote:
guest81 wrote:Is it even possible to get under the luxury tax next year? You'd have to like trade kat without taking back money somehow

Yes, Towns for picks to Detroit. Maybe it's a good thing the sales didn't go thru. This whole thing is turning into the movie "Major League". Guys we better win it this year.

Pistons cannot just asorb kats contract

Love the Major League reference!

Keep in mind that a team doesn’t need all cap space for this to work. An offer could be cap space plus positively valued players that other teams would trade cap space for.

And it doesn’t mean Towns is the one who gets traded. Our team has mostly positively valued players, any of whom could be traded to any of the teams with cap space or a TPE that fits.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#948 » by jpatrick » Wed Apr 10, 2024 11:02 pm

Movics wrote:
KGdaBom wrote:
Movics wrote:The leaks coming from the Lore and ARod were that they submitted to required paperwork to the NBA or whatever entity they had to. Taylor’s leaks are more damaging to the organization and the players themselves. Oh, we’re going for a pay cut? Who’s getting traded in the summer? It’s a tight group, what Taylor leaked could harm the chemistry

The Leaks from Lore and A Rod were how they were the smart ones responsible for every good move the Wolves have made. Nothing to do with the paperwork etc....I don't consider them showing their case for filing the paperwork leaks. 100% fine.

Leaks that were apparently true. “People like Tim Conally don’t come to Minnesota.” That’s why you need someone in the ownership who knows how a top tier organization is run even if it’s baseball. Arod and Lore were absolutely the “culture” change the team needed. A proved winner that even the players can look up to. Wish they had a few billions more… :)


I think those leaks were probably true. I don’t think we have Connelly or Gobert without Lore/Arod. But I think these leaks are probably equally true. That Gobert trade was made prior to the new CBA, which significantly increased luxury tax penalties. In fact, if it were known ahead of time, I doubt that move is made. You have two owners, struggling to get purchase money for the team. Arod simply doesn’t have the money. And Lore, already toward the bottom of owner wealth, heavily invested in getting another company off the ground.

The thought they’d lose 75-100m, assuming a break even if at the luxury tax line (which might not even be true), because of the luxury tax, I don’t see it. My guess is that if they become owners and that budget is true, we’ll see more budget contracts like Conley but KAT or Jaden will be traded mostly into another teams cap space with assets coming back but nothing close to their value. As so few teams will have actual space to take even some of their contracts.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#949 » by TimberKat » Wed Apr 10, 2024 11:08 pm

shrink wrote:- I find it hard to believe that Glen Taylor (of all people) control what Woj leaks. This is big news - Woj is going to release it.

- Moreover, this leak is what Lore and ARod presented to NBA Board of Governors for their financial plan. Not just to Taylor.

- Yes, we don’t know if Taylor will pay the lux. He has in the past, for far worse Wolves teams. But ARod and Lore are saying (not Taylor) their plan is to cut costs immediately. And this isn’t just to get under the second apron. This is to get under the LUX.

- As I’ve said, I think it makes sense for either side to pay next season, get MIN a winning team that makes even average NBA revenues. The fact that this is their plan seems to me to be further evidence that they simply don’t have the money to do so.

Yes, it could just be boilerplate form for your application to buy a team. If you don't secured the funding from XYZ company, what is your financial alternative? Go to your ex-wife or lower payroll?
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#950 » by shrink » Wed Apr 10, 2024 11:08 pm

If this is true, and I don’t see how it couldn’t be, then this is horrible news. ARod and Lore traded away our picks, and Glen Taylor’s money these first two years, to increase the value of the team. Then they are going to cut players on this historic team to get under the lux? The whole argument was that since they brought in Connelly, it showed they had the money to pay them going forward when they took over and had to write their own checks.

It really sounds to me like they are swindling an owner that wanted to sell, and a fanbase that wanted anyone other than Taylor, with lots of pretty promises about what they would do in the future.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#951 » by winforlose » Wed Apr 10, 2024 11:09 pm

jpatrick wrote:
Movics wrote:
KGdaBom wrote:The Leaks from Lore and A Rod were how they were the smart ones responsible for every good move the Wolves have made. Nothing to do with the paperwork etc....I don't consider them showing their case for filing the paperwork leaks. 100% fine.

Leaks that were apparently true. “People like Tim Conally don’t come to Minnesota.” That’s why you need someone in the ownership who knows how a top tier organization is run even if it’s baseball. Arod and Lore were absolutely the “culture” change the team needed. A proved winner that even the players can look up to. Wish they had a few billions more… :)


I think those leaks were probably true. I don’t think we have Connelly or Gobert without Lore/Arod. But I think these leaks are probably equally true. That Gobert trade was made prior to the new CBA, which significantly increased luxury tax penalties. In fact, if it were known ahead of time, I doubt that move is made. You have two owners, struggling to get purchase money for the team. Arod simply doesn’t have the money. And Lore, already toward the bottom of owner wealth, heavily invested in getting another company off the ground.

The thought they’d lose 75-100m, assuming a break even if at the luxury tax line (which might not even be true), because of the luxury tax, I don’t see it. My guess is that if they become owners and that budget is true, we’ll see more budget contracts like Conley but KAT or Jaden will be traded mostly into another teams cap space with assets coming back but nothing close to their value. As so few teams will have actual space to take even some of their contracts.


Which is where Glen Taylor could have come in. He loans them the money for a couple of seasons worth of tax, and they repay his estate when the team’s increased value makes up the difference. Glen is cash rich, they are cash poor. Instead, now everyone hates each other. This is made worse by the fact, that Glen will be at minimum a 20% owner moving forward.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#952 » by shrink » Wed Apr 10, 2024 11:09 pm

TimberKat wrote:
shrink wrote:- I find it hard to believe that Glen Taylor (of all people) control what Woj leaks. This is big news - Woj is going to release it.

- Moreover, this leak is what Lore and ARod presented to NBA Board of Governors for their financial plan. Not just to Taylor.

- Yes, we don’t know if Taylor will pay the lux. He has in the past, for far worse Wolves teams. But ARod and Lore are saying (not Taylor) their plan is to cut costs immediately. And this isn’t just to get under the second apron. This is to get under the LUX.

- As I’ve said, I think it makes sense for either side to pay next season, get MIN a winning team that makes even average NBA revenues. The fact that this is their plan seems to me to be further evidence that they simply don’t have the money to do so.

Yes, it could just be boilerplate form for your application to buy a team. If you don't secured the funding from XYZ company, what is your financial alternative? Go to your ex-wife or lower payroll?

They need J-Lo money! Too bad she jumped out early.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#953 » by Klomp » Wed Apr 10, 2024 11:11 pm

shrink wrote:Are you madder about the leaker, or about what ARod and Lore formally plan to do to the team?

Woj isn’t posting this without verifying it with any of the other 29 owners.

I'm not mad about the possibility of avoiding the luxury tax, because I already assumed it was a possibility. We are the Timberwolves, after all. How many times has Taylor paid the luxury tax in his 30 years?
tsherkin wrote:The important thing to take away here is that Klomp is wrong.
Esohny wrote:Why are you asking Klomp? "He's" actually a bot that posts random blurbs from a database.
Klomp wrote:I'm putting the tired in retired mod at the moment
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#954 » by shrink » Wed Apr 10, 2024 11:12 pm

winforlose wrote:
jpatrick wrote:
Movics wrote:Leaks that were apparently true. “People like Tim Conally don’t come to Minnesota.” That’s why you need someone in the ownership who knows how a top tier organization is run even if it’s baseball. Arod and Lore were absolutely the “culture” change the team needed. A proved winner that even the players can look up to. Wish they had a few billions more… :)


I think those leaks were probably true. I don’t think we have Connelly or Gobert without Lore/Arod. But I think these leaks are probably equally true. That Gobert trade was made prior to the new CBA, which significantly increased luxury tax penalties. In fact, if it were known ahead of time, I doubt that move is made. You have two owners, struggling to get purchase money for the team. Arod simply doesn’t have the money. And Lore, already toward the bottom of owner wealth, heavily invested in getting another company off the ground.

The thought they’d lose 75-100m, assuming a break even if at the luxury tax line (which might not even be true), because of the luxury tax, I don’t see it. My guess is that if they become owners and that budget is true, we’ll see more budget contracts like Conley but KAT or Jaden will be traded mostly into another teams cap space with assets coming back but nothing close to their value. As so few teams will have actual space to take even some of their contracts.


Which is where Glen Taylor could have come in. He loans them the money for a couple of seasons worth of tax, and they repay his estate when the team’s increased value makes up the difference. Glen is cash rich, they are cash poor. Instead, now everyone hates each other. This is made worse by the fact, that Glen will be at minimum a 20% owner moving forward.

I heard Lore asked Glen to buy into one of his other businesses to the tune of a billion dollars, but Taylor didn’t like the deal.

Instead of giving Glen cash for the team, Lore wanted him to buy in with equity.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#955 » by shrink » Wed Apr 10, 2024 11:13 pm

Klomp wrote:
shrink wrote:Are you madder about the leaker, or about what ARod and Lore formally plan to do to the team?

Woj isn’t posting this without verifying it with any of the other 29 owners.

I'm not mad about the possibility of avoiding the luxury tax, because I already assumed it was a possibility. We are the Timberwolves, after all. How many times has Taylor paid the luxury tax in his 30 years?

Four, which is about the NBA average.

You could say that Taylor has been more willing than other owners, because he was willing to pay for some possible winners, when most owners will only do it for winners.

And of course, it’s his money that bought the franchise, his money that refurbished it, and he was the guy that gave Garnett a contract so big, the NBA instituted max deals.

If the choice is between one ownership group that has told the NBA they won’t even pay the lux, and another who’s payment plan is unknown, but we know he’s rich and has paid the lux in the past, I don’t think that’s a hard decision with the success this team is enjoying right now.

I want another year with this team!
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#956 » by shrink » Wed Apr 10, 2024 11:20 pm

Maybe Stanley Kroenke told Woj ? We get both these big news bombs right before critical games with the Nuggets!
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#957 » by thinktank » Wed Apr 10, 2024 11:21 pm

There isn’t a chance in hell the new owners created a report with a plan to shrink the payroll.

Not. A. Chance. In. Hell.

Next, this report doesn’t change a thing about the ownership battle.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#958 » by shrink » Wed Apr 10, 2024 11:22 pm

thinktank wrote:There isn’t a chance in hell an owner creates a report with a plan to shrink the payroll.

Not. A. Chance. In. Hell.

Huh? The Board of Governors is well within their rights to ask for a future financial plan from any new owners. The success of any franchise affects the value of their team.

I can’t imagine them NOT requiring this information before voting to approve new owners.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#959 » by thinktank » Wed Apr 10, 2024 11:23 pm

shrink wrote:
thinktank wrote:There isn’t a chance in hell an owner creates a report with a plan to shrink the payroll.

Not. A. Chance. In. Hell.

Huh? The Board of Governors is well within their rights to ask for a future financial plan from any new owners. The success of any franchise affects the value of their team.


You’re high as a kite.

Owners aren’t giving their inside strategy to other owners.

Well, Taylor will during any interview. :lol:

Hey, this seems like a Taylor leak, come to think of it. Straight out of his dirty playbook.
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Re: [Krawczynski] Alex Rodriguez and Marc Lore in serious talks to become the next owners of the Minnesota Timberwolves 

Post#960 » by BlacJacMac » Wed Apr 10, 2024 11:28 pm

thinktank wrote:
shrink wrote:
thinktank wrote:There isn’t a chance in hell an owner creates a report with a plan to shrink the payroll.

Not. A. Chance. In. Hell.

Huh? The Board of Governors is well within their rights to ask for a future financial plan from any new owners. The success of any franchise affects the value of their team.


You’re high as a kite.

Owners aren’t giving their inside strategy to other owners.

Well, Taylor will during any interview. :lol:

Hey, this seems like a Taylor leak, come to think of it. Straight out of his dirty playbook.


So Taylor made the whole thing up and is lying about them sharing it with the NBA?

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