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

Timberwolves Will Create High Drama in Coming Offseason

Posted on May 31, 2024 by David Shama

The Timberwolves are finished in the playoffs after losing last night to the Mavericks in the Western Conference Finals. The Mavs won the series 4-1 and embarrassed Minnesota on its home court, jumping off to a big lead in the game and winning 124-103.

That thud last night and losing the series in five games doesn’t tarnish a special year. As time expired Thursday evening, fans chanted: “Let’s go Wolves!” The shout out was in appreciation for a 56-26 regular season, No. 3 seeding in the postseason and deep playoff run.

This team produced one of the best years in franchise history dating back to 1989-1990. That success has also set up an intriguing offseason. Among the drama will be the following:

Who is going to have majority ownership of the Wolves and WNBA Lynx? Arbitration and later a vote by the NBA’s owners will settle the issue. That vote will be very interesting not only because Glen Taylor has a long time relationships with the league’s other 29 owners that could favor him in the outcome. Marc Lore and Alex Rodriguez are trying to close on a sales price of $1.5 billion for the Wolves and Lynx that was agreed to in 2021. With NBA franchises now valued at $3 billion and more, do the owners want to see a club sold for $1.5 billion? Prediction here: Taylor will emerge from the legal dispute with Lore and Rodriguez as the controlling owner.

President of basketball operations Tim Connelly, who took over as the front office basketball boss in 2022, reportedly has an opt out now in his contract. Will the architect who put the pieces together elevating the team from mediocre to championship contender want to leave? The push to bring Connelly to Minneapolis from Denver was led by Lore and Rodriquez but the opinion here is the valued decision maker will stay on working for Taylor and wanting to further build on his work.

How will ownership and Connelly approach an expensive player payroll that as constructed now will put them way over the NBA salary cap? Speculation is ownership will have to pay over $25 million in luxury tax to keep an expensive core together led by Karl-Anthony Towns, Rudy Gobert and others. Spotrac.com projects the payroll at over $190 million for next season, one of the highest figures in the league.

But if all the key players return the Wolves will be sitting on a box office and marketing bonanza with fans. Presumably they could generate revenues from varied sources to cover the luxury tax expense while driving up the value of the franchise if success duplicates or exceeds last season. Taylor, 83, has never seen his team win an NBA title and might have a “let’s go for the ring” approach this offseason.

How does this team get better? Significant improvement will come organically from a roster mostly of young players led by Anthony Edwards, 22, Jaden McDaniels, 23, and Naz Reid, 24. It requires experience to win championships and these players have big upsides on a roster that potentially has its top six guys returning.

New pieces? The Wolves need a plan that sooner or later will replace valued 36-year-old veteran point guard Mike Conley Jr. Other wants should be to add more consistent and clutching scoring, ideally from a big-time veteran or prospect (possible Towns trade?), and develop a deeper bench to go along with NBA Sixth Man of the Year Reid.

Those needs will go through Connelly’s mind in a rare NBA Draft where the Wolves haven’t mortgaged away their selections. Minnesota has the No. 27 and 37 picks in next month’s draft.

In some towns just the approaching draft, free agent signings and trades would provide the offseason focus but not here there is even more anticipation about what’s next.

Roles for U Frosh Koi Perich in 2024 Might Be Multiple

Koi Perich is the face of the 2024 Golden Gophers football recruiting class. Expectations by fans are considerable for the former Esko star and consensus four-star recruit ranked as the No. 1 prospect in Minnesota by On3, 247Sports and ESPN last year. On3 ranked him as the No. 3 safety in the nation and the No. 53 overall recruit in the country.

As a senior last fall Perich played defense, offense and special teams while leading Esko to a 10-1 record. He accounted for 27 touchdowns, including five on defense.

Perich showed he could perform not only against small town Minnesota competition but also on the national stage. Playing in the All-American Bowl against some of the better prep talent in the country last January, Perich was named MVP. He had an interception, broke up two passes, made a tackle for a loss, and blocked and recovered a punt.

Perich tantalizes fan enthusiasm beyond his talent because of his loyalty to the home state school. Ohio State, a favorite to win the 2024 national championship, put a December recruiting rush on the teenager with head coach Ryan Day visiting him. He could have not only become a Buckeye but chosen to any number of other marquee programs.

That kind of “he’s one of us” feeling fuels curiosity about Perich who also excelled in basketball at Esko and won the 2022 Class A state long jump championship. Among the questions is how soon will he play for the Gophers and where?

Ryan Burns, the recruiting authority from GopherIllustrated, predicts Perich isn’t likely to start right away. “It’s not a knock on Koi’s talent. It’s a knock on him getting here in June (summer school starts Monday). If he would have been here in January, I think the likelihood of him having a much bigger role this fall would have been exponentially higher.

“It’s just so tough for—in my eyes at least—for a true freshman that comes in in the summer to really make a giant impact in the fall. It’s not unheard of to see it happen. We’ve seen guys where it happened like Antoine Winfield Jr. . …”

As of late, there’s a developing tradition of great safeties at Minnesota. Winfield was named a unanimous All-American in 2019. Tyler Nubin was honored as a first and second team All-American in 2023.

Perich has a legacy to follow and although he may not be a starting safety in 2024, Burns sees potential roles on the field including the possibility of playing nickel on passing downs. That could have the hyped freshman on the field for 200 to 300 snaps next season.

Koi Perich photo courtesy of University of Minnesota

At Esko Perich returned three punts for touchdowns and one kickoff for a score last season. Given how prolific Perich was at returning punts and kickoffs in high school, Burns would “love to see” the fan favorite have a chance at those roles with the Gophers.

“As you know, my bar for (head coach) P.J. Fleck’s return game is incredibly low,” said Burns who noted the Gophers haven’t returned a kickoff for a TD since 2017, nor taken a punt back for a score since 2018. A poor kickoff return game last year, he said, resulted in consistent bad field position and added to problems for aa challenged offense.

So, nickel back, returning punts and kickoffs, and even time at safety could be on the table for Perich. The Gophers do have to replace their starting safeties from 2023 and sooner or later that could create an opening for you-know-who.

The conclusion? No one should be shocked if Perich contributes to Minnesota’s success in 2024 with probably bigger things coming in 2025.

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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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