[Woj] ESPN Sources: Timberwolves minority partners Marc Lore and Alex Rodriguez submitted financial projections forecasting a sizable retreat in roster payroll that majority owner Glen Taylor believed would jeopardize franchise’s ability to compete for a title
by killa_k99
26 Comments
The source… obviously Glen Taylor…
1. This was always a possibility because of the KAT contract
2. ARod/Lore were pushing for Conley extension, Jaden extension and Rudy. Why would they do that just to cut costs afterwards?
3. I just want to enjoy this season ffs
4. There is a very real possibility we are stuck between two piles of shit for owners
5. It is also possible Glen is leaking shit for his gain. We know he is willing to play dirty. This could very easily be completely false
6. There is no denying that Lore/ROD don’t have the liquid assets Glen has. So it could be legitimately true
yeah i dont buy that
PR war, we’ll see whether Taylor is willing to foot the bill for the TWolves roster soon enough.
Maybe this is true, maybe it’s not. But I assume this is just part of the overall PR battle between Glen Taylor and A-Rod and Lore. It would be ballsy of A-Rod and Lore to straight up lie to everyone, especially if they were actually interested in getting any sort of new arena funding or some sort sweetheart tax breaks on a privately financed one.
Taylor might be telling us all the truth, but I’m going to stay skeptical of everyone involved until this shit is settled.
RABLE RABLE RABLE!
1. This is going to get really ugly
2. This reeks of Glen trying to win back some fans
3. If its actually true, wtf. Could see them just using the team as an investment tho
Ok cool. Glen better not cheapen out this offseason.
30 years of Glen Taylor as the Timberwolves owner have jeopardized the franchise’s ability to compete for a title.
He’s such a clown for trying to make it look like he would be or ever has been a competent owner for this team. He’s also never been willing to foot a large bill in the past so why would we believe it would be any different in the future.
Far from surprising. Compared to other major sports franchise owners, A-Rod is not wealthy.
Raptors fan here: Woj definitely carries water for people around the league, but I am surprised to see the reaction in here. Everything that we’ve seen so far is that the Lore/ARod ownership group weren’t that flush with cash. Them asking for a lower payroll would make a lot of sense — especially given that non-tax teams receive the luxury tax payments.
I’m sure y’all have plenty of reasons to dislike Taylor, but there’s a lot of smoke here pointing to the other guys being broke. And y’all deserve better than that.
>forecasting a sizable retreat in roster payroll
Pretty vague… if real. And Glen was worried about spending more? Wanted to spend more?
Glenn worried about competing for a title? Because he knows how to do that? I don’t know if this is real but this is quite the claim / almost absurd sounding.
Glenn has to make his case but spending to compete for titles is a rough one to make after all these years. He could even be right about Arod and co, still hard to see Glenn as a savior.
Says in the next tweet that Marc Lore and Alex Rodriguez shared a document with Glen, the NBA, and the Carlyle Group (the investment group that is financing the deal) that showed that the max budget they are projecting to work with is just below the luxury tax.
Obvs Glen is leaking this for personal PR gain but I can’t see how the document details can be a lie.
Welp, guess we’ll just have to win it all this year so we don’t have to worry about ownership ruining our best chance at a ring maybe ever
Just fight in the court you guys….we don’t need your media dirty tricks every other week.
I don’t like Glen but Arod and Lore an amazing deal in their hands and still managed to make a mess of the situation.
Something doesn’t add up here because no investors would turn down an opportunity to double their money overnight.
Seems to me that they’ll pay luxury next year. Sounds cool
This is 100% Glenn leak to try to repair his image and get fan backing. The problem is, we know he’s a snake as does everyone else. We can worry about the luxury tax next season. To leak this now and have players worried about their future in MN right before the playoffs as a #1 seed just goes to show how big of a POS Glenn is.
Keeping the same energy as I did when this news first broke (and got me downvoted to fucking oblivion): don’t take anything shared by either party without a sizable grain of salt.
Both sides are squabbling over a fat financial asset and are using different media (Dane/Woj) to wage a PR battle.
Any salary cap sickos out there have any idea if cutting down to 171mil in the offseason is even possible given the [current guaranteed contracts](https://www.spotrac.com/nba/minnesota-timberwolves/cash/2024/)?
Everyone is coping so hard. Lore and AROD would be terrible owners and are completely unprofessional. Lore won’t even show his face anymore. Glen sucks but he will pay for a competitive team
Doesn’t make sense. If so, why approve the extension on McDaniels and Conley?
Depends on what sizable retreat means. If its about avoiding the 2nd apron in multiple years, that’s logical and should be every NBA team’s goal. If it’s cutting costs and refusing to ever be a tax team at all, that’s a whole different story.
This is an interesting twist … if true.
Why would Arod and Lore push to trade for Gobert, just to know when they became owners they would cut payroll and fuck the team? This story doesn’t pass the coke line test.
He’s had 30 years to pay more money to have our team be contenders. Just now he’s the good guy? I don’t buy it.