Editor's note: The Athletic sat down with Timberwolves owner Glen Taylor for a wide-ranging interview. Here is the story from Part I of the conversation. Part II will run on Monday and focus on Taylor reflecting on his long run as NBA Chairman of the Board, which ended this fall.
NORTH MANKATO, Minn. — In a league where the franchise values are skyrocketing to almost unfathomable levels, Minnesota Timberwolves owner Glen Taylor says he is in no hurry to cash in.
The Houston Rockets sold for $2.2 billion just before the season started. The Los Angeles Clippers sold for $2 billion in 2014 and ESPN reported on Friday that Brooklyn Nets owner Mikhail Prokhorov was selling 49 percent of the team at a valuation of $2.