Timberwolves owner Glen Taylor has put the franchise up for sale and retained The Raine Group to handle the deal, according to Sportico's Scott Soshnick.
Sources told Soshnick that several parties have bid on the team and a sale could be "completed within a month."
Taylor reportedly doesn't want the sale to involve heavy public attention and asked Raine to keep the search for a buyer low key. A source said the sale of the team is not connected to financial struggles created by the coronavirus pandemic.
Raine has handled several high-profile sports deals, including U.