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The concept of expansion is fairly simple: Current owners agree to divide future revenue among more teams in exchange for an immediate injection of cash. That becomes more appealing in the aftermath of coronavirus-caused shortfalls."It’s widely believed the NBA will expand for the first time since rounding out to 30 teams in 2004 partly to recoup losses from the pandemic. Returning to Seattle as part of the process is almost a given (with Las Vegas as the other likely city) now that the arena issues that led to the Supersonics leaving for Oklahoma City in 2008 have been resolved."
That’s a lot of hedges on Garnett. If Rodriguez and Lore buy the team (which I still expect after the latest snag). If Garnett joins (which seems far less certain). But it’s at least something to watch after Garnett appeared to be out of the picture.There’s buzz now that Kevin Garnett, who is said to be worth more than $200 million, will be heavily involved in the Timberwolves basketball department if he joins franchise investors Alex Rodriguez and Marc Lore if/when they gain full control in 2023. The word is Garnett, the ex-Timberwolf, wants the franchise to remain in Minnesota but Rodriguez wants to move it to Seattle, where he played for seven seasons.
From NBCSports: https://nba.nbcsports.com/2021/06/01/rumor-alex-rodriguez-wants-to-move-timberwolves-to-seattle/
Rumor: Alex Rodriguez wants to move Timberwolves to Seattle
By Dan FeldmanJun 1, 2021, 2:45 PM EDT
Otto Greule Jr. /Allsport
Glen Taylor’s official agreement to sell the Timberwolves to Alex Rodriguez and Marc Lore – contrary to Taylor’s public statements – reportedly does not prohibit the new owners from moving the team.
Charley Walters of the Pioneer Press:
That’s a lot of hedges on Garnett. If Rodriguez and Lore buy the team (which I still expect after the latest snag). If Garnett joins (which seems far less certain). But it’s at least something to watch after Garnett appeared to be out of the picture.
Rodriguez supposed desire to move the franchise to Seattle – where he played baseball for the Mariners – is also far from certain to materialize.
The NBA must approve all relocations. The league could prefer putting an expansion team in Seattle and getting a large expansion fee – reportedly in the $2.5 billion range. Letting the Timberwolves take that desirable market would likely lower the expansion fee the NBA could get elsewhere.
Honestly a crazy random rumor and obviously the NBA is trying to get that expansion $$$. Rather start with a fresh squad too. Would be dope to have a timeline though...
651akathepaul I personally want an expansion team in Seattle. Don’t want another city to experience what we did..
Appreciate that bro, just got a chance to watch it. Good stuff I gotta catch some more of those interviews