More likely than not, the Timberwolves will need a new owner in order to take the next step as an organization in the coming years. For a few months now, fans have been led to believe that such a shift was coming, but now it appears as though those hopes are dead in the water.
The talks began back in November, and things progressed nicely through the winter months, with positive news trickling in as recently as late February and even into early March.
Yours truly has gone on record as stating that a potential ownership change would be key to the Timberwolves’ off-season, largely due to any coaching hire that the new group would make.