Lynx – Page 7 – David Shama's Minnesota Sports Headliners

Taylor: Equity Group Not in Place for Wolves Sale

Posted on March 19, 2024March 19, 2024 by David Shama

Finalizing the deal to sell the NBA Timberwolves and WNBA Lynx remains unclear with a deadline of March 27 looming.

In 2021 owner Glen Taylor struck a multi-phase payment plan with Marc Lore and Alex Rodriguez to acquire the Minneapolis-based basketball franchises for $1.5 billion. The final payment to give Lore and Rodriguez majority control over the teams (Taylor becomes a minority owner) is due a week from Wednesday.

That deadline is an extension of a previous date and indicates the challenge the buyers have experienced in raising capital needed for the takeover. Taylor told Sports Headliners yesterday about $600 million is needed to make the final payment.

Doubters might be skeptical of the sale being completed. Taylor’s communications with the two buyers haven’t been frequent of late but he did offer important news about financing.

“They had an equity group that was going to come in and put in $300 million, and that equity group has either withdrawn or the NBA has denied them,” Taylor said. “They have to go out and find new revenue. That I do know. I don’t know if they found it or what they’re going to do. We haven’t seen the schedule of ownership yet.”

The NBA will have a final call on approving the sale even if the Lore and Rodriguez group meet their final payment obligation. That might not be a slam dunk. If the league isn’t convinced the new owners can meet operating obligations with their finances, approval won’t be granted.

It’s believed Lore and Rodriguez will want to replace Target Center to better serve customers while improving revenues and financial value of the two franchises. A source told Sports Headliners the Farmers Market near downtown is a site of interest to the potential new owners.

Taylor would neither confirm nor deny the speculation about the location at 312 East Lyndale Avenue North. “…I don’t think I am the one that should comment on that. I think you should ask that of those guys.”

Gophers Basketball Notes

Anticipating how a college basketball team will perform the next season has never been dicier than it is now. With players having “free agency” to change schools at a whim, it’s best not to go overboard about the Gophers who potentially could have all five starters return.

The possibility of having center Pharell Payne, forward Dawson Garcia and guards Cam Christie, Elijah Hawkins and Mike Mitchell Jr. returning has college basketball authorities upbeat about Minnesota’s future. School athletic director Mark Coyle says a preseason top 25 ranking could happen, with Michigan State coach Tom Izzo and Big Ten Network analyst Brian Butch seeing the Gophers as possible title contenders in the Big Ten Conference.

After consecutive last place finishes in the conference and a combined league record of 6-33, coach Ben Johnson had his best Big Ten regular season record going 9-11 and 18-14 overall. Minnesota has its first NIT invite since 2014 and opens play tonight at Butler.

Izzo: “…Ben’s done an unbelievable job with the program. They could be the No. 1 team in the league next year so hat’s off to them.”

Butch told Sports Headliners the Gophers could be “top four” in the league next year. He said his alma mater, Wisconsin, might be in that company, too.

Garcia, a junior, made second team All-Big Ten as chosen by the media. He is averaging 17.7 points per game and has an admirer in Izzo. “…He’s a very good player, and if he keeps getting better, watch out,” the legendary Michigan State coach said.

Hawkins, who ranks second nationally in assists with 7.5 per game, is Garcia’s roommate. “Me and him, we feel like it starts with us. We’re the older guys in the lineup.

“I feel like as we go, the team goes. Dawson is a great player for us. He’s our leading scorer here. We expect a lot out of him, and he gives it to us.”

Hawkins, the team’s point guard, transferred from Howard last year and expects to make a decision soon about returning for his senior season. “I love Minneapolis. It’s like my new home, I guess. I love my teammates and my coaches. They test me every day to get better.

“I feel like in the beginning of the season I was struggling a little bit with turnovers and stuff as far as that, so I feel like through the season I got better and better. Next year I definitely feel like we’ll be a good team, a better team.”

Guard Braeden Carrington played frequently as a sub this year and could be the first player off the bench next season. He said it’s not “too much to hope for” that the Gophers will be a nationally ranked team in the fall of 2024.

Carrington wants to see more consistency within games from the team. At times opponents went on scoring runs and the Gophers became “flustered,” he said. “I think if we can get that figured out (consistency through 40 minutes), I think we’ll be good for next year.”

Carrington, a sophomore defensive stopper, believes he can improve his agility and strength to become an even better defender. “My goal is to be an all-defensive player (in the Big Ten),” he said.

It seems likely Johnson will receive a contract extension and additional compensation in his contract. He is the Big Ten’s youngest head coach at 43 and believed to be the lowest paid.

The Badgers, who finished second in the Big Ten Tournament, might have all their starters return except for forward Tyler Wahl from Lakeville. Moving into Wahl’s spot could be Lakeville native Nolan Winter, who is the son of former Gopher center Trevor Winter.

Nolan showed considerable improvement during his freshman year and at 6-11 has exceptional skills including his outside shooting. “I think the future is so bright for Nolan,” said Butch. “He’s a great kid.”

Winter might team with 7-foot junior starter Steven Crowl from Eagan to give the Badgers two bigs in their lineup. They continue the legacy in Madison of exceptional players from Minnesota who became Badgers this millennium.

Wisconsin is in the NCAA Tournament for the 27^th time and is one of only five programs to participate 23 times in the last 25 years. Butch, who is the game radio analyst for Wisconsin, said the ongoing recruiting pipeline to Minnesota is because so many players have found success playing for the Badgers. Those players have bought into a culture of sacrificing for each other, and the Badgers have turned out Big Ten titles and NCAA Tournament runs under coach Bo Ryan and now Greg Gard.

“…They understand what exactly it is to be successful,” Butch said. “They buy into what Wisconsin is about.

“And you’ve seen changes (in style). This year Wisconsin is scoring the ball more than they have. Kids have seen that, too. Greg is willing to change. To adapt. I think that helps, too.”

Izzo said coming to Minneapolis for the Big Ten Tournament was a “tearful visit for me” because of his friendship with the late Flip Saunders, the former Gophers point guard, and Timberwolves executive and coach. “…Flip Saunders deserves to be even thought of more than he probably is here because he loved this city, he loved the Gophers, he loved the Timberwolves, and I love him. Sad to see him not with us right now.”

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Glen Taylor Offers News on Wolves Ownership Transition

Posted on January 5, 2024January 5, 2024 by David Shama

Timberwolves and Lynx owner Glen Taylor told Sports Headliner that Marc Lore and Alex Rodriguez met their December 31 deadline to exercise the option to acquire majority control of the franchises. He also offered an update on the widely publicized $1.5 billion sales price.

Payment must be made later this year by the two men to gain 80 percent control of Minnesota’s professional basketball teams. Rodriguez and Lore reportedly already hold a 40 percent ownership share. Taylor said the final payment will not be for several weeks at the soonest and “probably not after 120 days,” with more specifics to be determined.

Asked about the accuracy of the $1.5 billion price, Taylor said, “Sort of. Yeah, kind of, but we have to negotiate a few things.”

Taylor, a long-time friend of this writer, declined to provide further details. The plan is for him to become a 20 percent owner of the teams.

Taylor expressed confidence that efforts of Lore and Rodriguez to acquire investment partners are on track. He knows at least some names of potential owners.

All of those involved with the new ownership group must be investigated and vetted by the NBA. Until the league’s Board of Governors votes approval, Rodriquez, Lore and their partners will not have their 80 percent authority. Taylor isn’t aware of a date yet when the Board of Governors will hold their vote to approve or not approve new ownership.

Fans can raise questions about the future of the franchises and where they will play. Neither Lore nor Rodriguez has ties to Minnesota, and this will be their first venture into pro sports ownership.

Their payment plan for the Wolves and Lynx began in 2021 and is unconventional in that they have needed time to raise capital and take in partners. Will they have the money, and willingness, to make their teams competitive?

What’s interesting, too, is that Lore and Rodriguez are buying low on the $1.5 billion deal, or whatever the final number turns out to be. Since the time of their agreement with Taylor, other NBA franchises have sold for more than twice as much.

To their credit, Lore and Rodriguez pushed for the hiring of general manager Tim Connelly in May of 2022. The trades bringing high impact starters Rudy Gobert and Mike Conley Jr. to Minneapolis have been vital to the Wolves now being counted among the elite teams in the NBA this season.

The team payroll, already expensive, could easily go into luxury tax territory for the 2024-2025 season. The Wolves will reportedly pay their two big men, Gobert and Karl-Anthony Towns, over $90 million as they look at an expected NBA luxury tax threshold of perhaps $172 million for the entire team. If the Wolves earn a Western Conference title—or, gulp—an NBA championship, will ownership go beyond $172 million and pay the resulting financial penalty?

Such success followed by financial trimming would disappoint a fan base that has witnessed a lot of struggles in over 30 years of Wolves basketball. The team has never won a Western Conference title and advanced to the Finals. The Lynx, operating on a modest business model in the startup WNBA, have won four league titles since Taylor started the franchise in 1999 partially because he wanted to be supportive of women’s basketball. Many years he has operated both the Lynx and Wolves when they have lost money. He was instrumental in stepping forward in 1994 to end speculation the Wolves might relocate, buying the franchise from original owners Marv Wolfenson and Harvey Ratner.

The Wolves are competing in a league with wealthy owners including Steve Ballmer from the Clippers, worth an estimated $100 billion-plus. Front Office Sports, working off data from Forbes, listed the 20 richest owners in American sports late last year. Included from the NBA were Dan Gilbert of the Cavs at $21.3 billion; Stan Kroenke, Nuggets, $14.6 billion; Jimmy Haslam, Bucks, $8.7 billion; Robert Pera, Grizzlies, $8.3 billion; Tom Gores, Pistons, $8.1 billion; Antony Resler, Hawks, $8.1 billion; Tilman Fertitta, Rockets, $8 billion. Lore’s estimated net worth is over $4 billion, with fellow businessman and ex-baseball star Rodriguez purportedly at $350 million.

And there is more money coming into the league. TV celebrity and Mavericks owner Mark Cuban has sold the majority share of his franchise to casino magnate Miriam Adelson at a reported price of $3.5 billion. Cuban is on record about a future where he sees NBA owners, at least the savvier and more fortunate, tying themselves to real estate endeavors. Cuban envisions a new arena in Dallas being part of a casino-resort complex that creates significant revenue streams beyond basketball.

There is a “keep up with the Joneses’” push in the NBA that includes Ballmer’s soon to open privately financed $1 billion-plus arena in Inglewood, California. The state-of-the-art Chase Center in San Francisco opened in 2019 and is home to the Warriors and is also privately financed. Reported cost was $1.4 billion.

The Wolves’ home, Target Center, is the second oldest in the NBA. Lore and Rodriguez are on record about their interest in a new home for their teams. The Wolves’ lease at the Minneapolis owned facility reportedly expires in 2035.

The push for a new arena and location could go in a couple of directions if it goes anywhere at all. While Wolves ownership probably contributes money to a new building, the safe assumption is public financing will aggressively be lobbied for. The easiest sell to law makers might be if a municipality and the state worked with the Wolves on a new arena tied to a casino gambling complex.

With the state apparently nearing the approval of sports wagering as is already in place in neighboring states, gambling expansion is on the horizon. That could tie to arena development in the suburbs or downtown.

As the commerce heart of the region, urban planners have known for decades it’s important to have an economically viable downtown Minneapolis. To take the teams out of Minneapolis would be a “political basketball” in the public and law-making domains. However, native American sovereignty over gambling in the state will be another hot issue if it’s decided to tie a casino to a new NBA arena.

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Vikings’ Must-Win, Gophers’ Uniforms Headline Worthy

Posted on September 19, 2023 by David Shama

Enjoy a Tuesday notes column.

Coach P.J. Fleck is a creative thinker, and that includes how he approaches the uniforms his players wear. His commitment to putting the Gophers in various color combinations has been so extensive since becoming head football coach in 2017 that the athletic department communications office publishes a “Gopher Uniform Tracker” in its weekly news release for the media.

Frequently the Gophers wear combinations of maroon and gold, but black on black has been worn at Minnesota and by other Power Five teams who find the look appealing among players, coaches and younger fans. At the last home game, the Gophers unveiled their new all-black dark mode uniforms for an evening match up with Eastern Michigan. The look prompted both favorable and critical comments sent to Fleck and Sports Headliners.

Fleck said yesterday respect for the school’s maroon and gold colors remains in place and always will. “…We’re adding a little flavor to it (the uniforms). That’s…because it’s all about the players. Everything we do is about the players that are on that field. The student athletes love it. Our student body loves it. The young people love it, and I get it.”

Uniform colors vary most weeks because the players like that and they have a constant voice in what they wear. “…And I don’t think there was one email from our players that said I didn’t like those (the dark-mode uniforms),” Fleck said. “And that’s with no disrespect to our fans. We have the best fans, and we have the best supporters. I had a lot of emails about it, and I feel it. I appreciate that. But I also got just as many, if not more, by how much people liked them.”

This week Dinkytown Athletes, the official Name, Image and Likeness Collective of Golden Gopher Athletics, is introducing a retro merchandise collection featuring “M” Club Hall of Fame Gopher athletes. The first merchandise offering features Gopher football greats Marion Barber, Jr. (‘77-’80), Rickey Foggie (‘84-’87) and Pete Najarian (‘82-’85). Retro jerseys and shirts are available for a limited amount of time with a portion of the proceeds donated to DA.

“This is a great way to celebrate the achievements of past Gopher athletes while supporting the current ones,” Najarian said in a DA news release. “We need to embrace our alumni and get them involved. Let’s remember the past and support our future at the same time!”

Led by co-founders Derek Burns and Robert Gag, DA started about a year ago and directly supports current student athletes with NIL deals. In the highly competitive world of college sports, NIL is a continuing priority for DA and the Gophers.

Watch for merchandise offers in the coming months featuring Gopher basketball and hockey greats. More on the new initiative at https://athletesthread.com/collections/gopher-legend

The Vikings need to duck almost certain disaster by not losing to the Chargers on Sunday and starting the season 0-3. ESPN.com’s Bill Barnwell wrote yesterday that since 2002 99 NFL teams have started their seasons 0-3 but only one (the 2018 Texans) has made it to the playoffs. The Chargers are also 0-2 and have lost those games by a total of five points.

A cheery stat is that 0-2 NFL teams do go on to make the playoffs, with that happening seven of the last 10 seasons. Last season eight of the 14 teams making the playoffs started either 1-1 or 0-2. That includes the Bengals who started 0-2 and won the AFC North.

The Vikings must show they can do better at stopping the run, while also rushing more effectively. The Vikings were gouged by the Eagles’ run game last Thursday night and rank 29^th among 32 NFL teams giving up 332 yards rushing this season.

Look for Minnesota to commit more to running the ball at U.S. Bank Stadium on Sunday against a Chargers’ defense not that formidable against the rush, allowing 211 yards in two games and 3.9 yards per carry. The Vikings so far this season are passing 77.9 percent of the time, the most in the NFL, per Teamrankings.com.

It’s evident the Vikings miss the explosive run production of Dalvin Cook, who was released in the offseason and is now with the Jets. Not working in their favor either is left tackle Christian Darrisaw (ankle) and center Garrett Bradbury (back) could be sidelined on Sunday. The reported signing of free agent guard Dalton Risner, a consistent player who figures to be the best of the pass blockers on the roster of guards, should help.

Former Vikings linebacker Eric Kendricks, now with the Chargers, will be dealing with a hamstring injury this week that kept him out of last Sunday’s game against the Titans. The 31-year-old veteran has been outstanding against the pass during his career.

Chargers’ starting offensive tackle Trey Pipkins III is from Apple Valley and played collegiately at Sioux Falls. The 27-year-old started 14 games for the Chargers last season and has two starts in 2023.

Quarterback Jalen Hurts, who connected on 26 of 31 passes last week and 331 yards against the Vikings, is on the cover of Time Magazine for the feature 100 of the “world’s rising stars.” Peyton Manning wrote a profile about Hurts and referred to him as “a model of how to approach a job.”

Detroit can claim the most NFL players among American cities. The NFL reports that after analyzing the 2023 opening week rosters of all teams and where the players come from, Detroit was first with 19, followed by Bradenton, Florida with 17 and Houston at 16.

Gophers’ true freshman tailback Darius Taylor is a Detroit native. He was again named Big Ten Freshman of the Week after he ran for 138 yards last Saturday against North Carolina. A week ago he won the honor for the first time after a 193 yard performance versus Eastern Michigan. Taylor is the program’s first Freshman of the Week in consecutive weeks since running back Shannon Brooks in November of 2015.

Sports Headliners reader and Gophers’ basketball fan Scott Ballou emailed news about former Minnesota head coach Clem Haskins who turned 80 on August 11. Ex-Gophers Walter Bond, Randy Carter, Ariel McDonald and John Thomas travelled last month to Campbellsville, Kentucky to celebrate their coach’s 80^th birthday. “Other former players had contacted him as well,” Ballou said via email while noting he had spoken by phone last month to Haskins. “He was very proud that many of his former players were still close and had stuck together over the years. He said he and his family were doing well and his son Brent lives in Hudson and works for the Cleveland Cavaliers.”

Happy birthday to talented St. Thomas men’s basketball coach John Tauer who turned 51 yesterday. His Tommies won the 2016 Division III national title.

Friends have been looking for former Gophers’ basketball assistant coach Jimmy Williams for about 12 months and he has been found at the Brynwood Health and Rehabilitation facility in Monticello, Florida. Jay Pivec, who coached with Williams on the 1982 Big Ten champion Gophers, said Williams suffered a stroke last week but is thinking clearly while struggling with his speech. Williams was an assistant coach at Minnesota for 15 seasons including for the 1972 and 1982 Big Ten title teams.

The Twins will face starting right hander Hunter Greene on Wednesday in the closing game of their series with the Reds in Cincinnati. The Twins had to choose between Greene and Royce Lewis in the 2017 MLB Draft, taking Lewis as the No. 1 overall pick while Greene went second. They made the right choice with Lewis, an everyday player, and now among baseball’s most promising young players, while Green has a career record of 9-19 and 4.45 ERA. Bailey Ober, 7-6 with a 3.67 ERA, will oppose Greene Wednesday.

With the popularity of the Gophers volleyball team, you might wonder if the U athletic department is considering an outdoor match for Huntington Bank Stadium after the Cornhuskers drew an announced attendance of 91,648 for a match on August 30 in the Nebraska football stadium. That was a world record attendance for a women’s sports event.

It will be interesting to see if the Wednesday night best of three WNBA playoff series game at Target Center between the Lynx and Sun sells out. The Lynx website lists available tickets from $24 to $334.

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