Glen Taylor doesn't have interest in selling the Minnesota Timberwolves at this point.
Meyer Orbach bought 9.5 percent of the Wolves in 2016.
“No. You know Meyer, my friend from New Jersey, has bought in a little bit, and if I sell any, it will be a little more to him.
“I like [owning the team]. You know, we have a tough going to get into the playoffs, but we are going to try for it and do our best. I know no matter what, we’ll be better next year because we were off to such a terrible start this year because of the Jimmy Butler thing we had. Hopefully next year our guys won’t be as injured as they have been this year. We have had a lot of injuries.”
Forbes estimates the Wolves as being worth $1.26 billion.
“I think [the team’s value] went up about 19 percent, which is an awful lot, but everybody else’s went up, too,” he said. “It is just unbelievable. It’s not anything I anticipated, and it’s surprising. But at this point, I just want to continue to play with this team and work with them. And I have every expectation it might continue to go up in the future.”