Owner Glen Taylor of the Minnesota Timberwolves. (Photo by Hannah Foslien/Getty Images)
The Minnesota Timberwolves are still for sale, but the price to acquire the franchise is continuing to rise.
Long-time Minnesota Timberwolves owner Glen Taylor has reportedly had the franchise on the market for months. Apparently, the value of the franchise is continuing to rise.
According to recent reports, the franchise is now worth a few hundred million more than the Forbes valuation that was published earlier this year.
The value of the Minnesota Timberwolves franchise is continuing to rise
A recent report from Forbes states that the Timberwolves are not only worth more than we thought, but that Taylor has actually turned down at least one offer.