|
Post by kingsxman on Apr 11, 2024 8:30:09 GMT -6
It doesn't state though what their idea was to lower the salary from $172 to less. One thing I am pretty sure about is Glen is in over his head. If its true that he gave A-Rod and Lore permission to talk with Connelly because no one big would come to the Wolves tells me he just accepts what he think he can get instead of going out there and trying. In the NBA that is terrible. Go and get the best. I just think Glen is a snake in the grass. A-Rod and Lore have the money but it isn't theirs. It would be a big joint venture and the more "owners" the more complications arise. I dont think Glen is in over his head at all. I think he knows perfectly well what he's doing. I also am not THAT concerned if the end result of all this is Glen is still the owner. Yes, I think Glen is a snake in the grass. But...I have no doubts that he will spend the money to keep the team viable. What I DONT trust Glen with is making the right decisions in terms of bringing in the right people IF we were to lose Connelly or something. As long as we keep Connelly and Glen allows the rest of the front office to make the decisions that affect the product on the court....I think we'll be fine. Its if Connelly leaves that we have to worry. I wish, as Levine has said, that we could have Lo-Rod running the team with Glens money. BTW, gun to my head, I dont think Lo-Rod have the $$ to run the team. Jonny K mentioned yesterday that another concern with Glen is that Lore has put too much into his "wonder" company (or whatever its called) and that its a losing venture. As Jonny put it, Glen thinks that they arent in the same position as they were 3 years ago. Apparently, he doesnt think they've made good investments and that will come back to hurt their ability to run the Wolves.
|
|
|
Post by jojo on Apr 11, 2024 8:48:25 GMT -6
According to this article Wonder did have a setback with their curb delivery service but are growing the business rapidly. Seems like a lot of potential upside but risky too. But that seems to be Lore’s MO. To me he seems like an early career Mark Cuban who hasn’t quite made it big but is on his way. But he’s probably not in the strongest ownership position presently which is why he has to rely on other investors. Bringing a former google founder on board is no small thing though. www.inc.com/rebecca-deczynski/wonder-marc-lores-350m-startup-has-launched-a-food-hall-in-walmart.html
|
|
|
Post by kingsxman on Apr 11, 2024 9:44:07 GMT -6
|
|
|
Post by levine on Apr 11, 2024 10:04:00 GMT -6
Working for me. Maybe because you have "x" instead of "twitter"?
|
|
|
Post by quinn on Apr 11, 2024 10:14:50 GMT -6
Working for me. Maybe because you have "x" instead of "twitter"? Ugh. This is where we see it start to get ugly. Clearly yesterday's leak was from Glen about ONE of Lo-Rod's proposed financial plans for the team next year. No one only has one plan for something like this. Especially someone as smart as Lore. Here's Lo-Rod's comeback: "Fine, if you want to say we don't have the money, here's the executive that WE brought in to make the valuation of this team skyrocket. Oh by the way, he can leave after this year. Just a heads up if you don't want your valuation to plummet again..." Just ugly. I don't care who owns the team as long as they're in Minnesota and Tim Connelly is the GM.
|
|
|
Post by levine on Apr 11, 2024 10:21:53 GMT -6
This is the scariest news. The out was timed with the completion of the ownership sale.
Basically insurance for TC that if the ownership change falls apart, he's free to me on...
|
|
|
Post by quinn on Apr 11, 2024 10:55:53 GMT -6
This is the scariest news. The out was timed with the completion of the ownership sale. Basically insurance for TC that if the ownership change falls apart, he's free to me on... I will say though, where is he going to go and get a better deal than he has here? He's got another 3 years left I believe and has a fraction of ownership, if I'm not mistaken. What team can offer him more than that?
|
|
|
Post by levine on Apr 11, 2024 11:02:34 GMT -6
This is the scariest news. The out was timed with the completion of the ownership sale. Basically insurance for TC that if the ownership change falls apart, he's free to me on... I will say though, where is he going to go and get a better deal than he has here? He's got another 3 years left I believe and has a fraction of ownership, if I'm not mistaken. What team can offer him more than that? He does not. That was debunked the day he was hired.
|
|
|
Post by quinn on Apr 11, 2024 11:22:37 GMT -6
I will say though, where is he going to go and get a better deal than he has here? He's got another 3 years left I believe and has a fraction of ownership, if I'm not mistaken. What team can offer him more than that? He does not. That was debunked the day he was hired. Well that makes him much more gettable...
|
|
|
Post by levine on Apr 11, 2024 11:30:37 GMT -6
He does not. That was debunked the day he was hired. Well that makes him much more gettable... I guess it all depends on how he feels about Taylor as an owner going forward if the Lore/ARod things falls through. I really don't think its a coincidence that his option coincides with when LoRod were supposed to gain controlling interest. The recent comment by Glen about how guys like Connelly don't come to places like Minnesota would be a really big red flag to me regarding how Taylor sees the franchise.
|
|
|
Post by jojo on Apr 11, 2024 11:38:38 GMT -6
That’s not going to look good on Glen if TC bails since he’s getting lots of credit for the team success. Just don’t see how this turns out well for Glen. Hoping there’s people left that can persuade him to alter this course. The paper value he sees now could plummet in a hurry.
|
|
|
Post by levine on Apr 11, 2024 11:43:30 GMT -6
That’s not going to look good on Glen if TC bails since he’s getting lots of credit for the team success. Just don’t see how this turns out well for Glen. Hoping there’s people left that can persuade him to alter this course. The paper value he sees now could plummet in a hurry. It turns out well for Glen when he saves 8M/year by TC leaving and giving Gupta the job for like 750K. (I didn't say it turns out well for us or the Wolves...)
|
|
|
Post by kingsxman on Apr 11, 2024 13:31:07 GMT -6
That’s not going to look good on Glen if TC bails since he’s getting lots of credit for the team success. Just don’t see how this turns out well for Glen. Hoping there’s people left that can persuade him to alter this course. The paper value he sees now could plummet in a hurry. The value of the team isnt going to change depending on who the GM is. The value of the team is based on current market value and the fact that we have Ant. What will happen is they will lose team "team revenue" because the product on the floor isnt as good. This all just has to make anyone who's ever followed this team shake their head and say "Timberwolves gonna Timberwolve!".
|
|
|
Post by kingsxman on Apr 11, 2024 13:32:24 GMT -6
That’s not going to look good on Glen if TC bails since he’s getting lots of credit for the team success. Just don’t see how this turns out well for Glen. Hoping there’s people left that can persuade him to alter this course. The paper value he sees now could plummet in a hurry. It turns out well for Glen when he saves 8M/year by TC leaving and giving Gupta the job for like 750K. (I didn't say it turns out well for us or the Wolves...) Glen loses a hellofa lot more money based on team income than the 8 million he is spending on TC. Personally, i dont think Glen lets TC leave unless TC absolutely will not work with him.
|
|
|
Post by levine on Apr 11, 2024 14:48:28 GMT -6
Personally, i dont think Glen lets TC leave unless TC absolutely will not work with him. How does Glen stop him?
|
|
|
Post by Nick K on Apr 11, 2024 14:55:10 GMT -6
It doesn't state though what their idea was to lower the salary from $172 to less. One thing I am pretty sure about is Glen is in over his head. If its true that he gave A-Rod and Lore permission to talk with Connelly because no one big would come to the Wolves tells me he just accepts what he think he can get instead of going out there and trying. In the NBA that is terrible. Go and get the best. I just think Glen is a snake in the grass. A-Rod and Lore have the money but it isn't theirs. It would be a big joint venture and the more "owners" the more complications arise.Not true. Do you think Glen bought the Wolves alone and wrote a check? He didn't. Glen had like 4 limited partners when he bought the team initially.
Just because they give a projection to the league doesn't mean they are held to that. It's only pro forma. That's why this whole thing stinks to me. It's Glen leaking to hurt Lore and Arod and get fans all in a tizzy.
I don't get the protracted legal process either. I'm hoping the arbiter looks at this quickly and rules on it. I can't imagine the NBA wants this to drag on and on.
|
|
|
Post by kingsxman on Apr 11, 2024 15:00:00 GMT -6
Personally, i dont think Glen lets TC leave unless TC absolutely will not work with him. How does Glen stop him? By "not let him leave", I mean that Glen will do whatever it takes to keep him...unless he just simply doesnt want to stay and work for Glen.
|
|
|
Post by levine on Apr 11, 2024 15:03:27 GMT -6
By "not let him leave", I mean that Glen will do whatever it takes to keep him...unless he just simply doesnt want to stay and work for Glen. That's what I'm saying. If he wants to leave, he'll leave. And I doubt Glen is going to throw even more money at him to entice him to stay in a situation he isn't happy with. That's not how he does things.
|
|
|
Post by Nick K on Apr 11, 2024 16:35:54 GMT -6
It doesn't state though what their idea was to lower the salary from $172 to less. One thing I am pretty sure about is Glen is in over his head. If its true that he gave A-Rod and Lore permission to talk with Connelly because no one big would come to the Wolves tells me he just accepts what he think he can get instead of going out there and trying. In the NBA that is terrible. Go and get the best. I just think Glen is a snake in the grass. A-Rod and Lore have the money but it isn't theirs. It would be a big joint venture and the more "owners" the more complications arise. I dont think Glen is in over his head at all. I think he knows perfectly well what he's doing. I also am not THAT concerned if the end result of all this is Glen is still the owner. Yes, I think Glen is a snake in the grass. But...I have no doubts that he will spend the money to keep the team viable. What I DONT trust Glen with is making the right decisions in terms of bringing in the right people IF we were to lose Connelly or something. As long as we keep Connelly and Glen allows the rest of the front office to make the decisions that affect the product on the court....I think we'll be fine. Its if Connelly leaves that we have to worry. I wish, as Levine has said, that we could have Lo-Rod running the team with Glens money. BTW, gun to my head, I dont think Lo-Rod have the $$ to run the team. Jonny K mentioned yesterday that another concern with Glen is that Lore has put too much into his "wonder" company (or whatever its called) and that its a losing venture. As Jonny put it, Glen thinks that they arent in the same position as they were 3 years ago. Apparently, he doesnt think they've made good investments and that will come back to hurt their ability to run the Wolves. Isn't it interesting how all this disinformation is coming from Glen? You have to ask yourself who has what to gain by making these comments?
|
|
|
Post by Nick K on Apr 11, 2024 16:40:29 GMT -6
This is the scariest news. The out was timed with the completion of the ownership sale. Basically insurance for TC that if the ownership change falls apart, he's free to me on... I will say though, where is he going to go and get a better deal than he has here? He's got another 3 years left I believe and has a fraction of ownership, if I'm not mistaken. What team can offer him more than that? It's obvious he doesn't want to work for Glen. I wonder why? Wherever he goes he'll get big money.
|
|
|
Post by levine on Apr 11, 2024 16:50:23 GMT -6
Isn't it interesting how all this disinformation is coming from Glen? Other than the stuff that came from Lore and Arod...
|
|
|
Post by XRaySpecs on Apr 12, 2024 8:55:36 GMT -6
Dane Moore reported that the budget that was discussed was one of multiple budget projections the team has. He said he verified with a FO person from another team and was told that teams can have 100 budgets that they use as projections. My initial thought when I read the report was similar. Are there other budgets? To me it would be crazy to not have mapped out numerous scenarios in how to approach this offseason and the future. We do these things on a basic level on this message board. Would you want a FO that moved forward without considering other paths?
If the Wolves disappoint in the first round it would make sense to change course. I mean several of us here have been saying the best course of action is to trade KAT which is the most logical way to get payroll down to the level leaked in this budget report.
Does this answer all the questions of whether LoRod can afford to field the team we want them to be? No, but I don't think it does the opposite either. The budget report thing was an obvious leak from the Taylor side of things. Even if it's 100% true that LoRod is cutting budget no matter what, how is that a way to void the sale? It's just Glen trying to carry favor with the public.
This is going to be long and ugly. If we're interested in following along, it's going to take diligence to sift through all the information. Black and white info is going to be rare.
|
|
|
Post by Bonecrusher on Apr 12, 2024 9:32:57 GMT -6
It doesn't state though what their idea was to lower the salary from $172 to less. One thing I am pretty sure about is Glen is in over his head. If its true that he gave A-Rod and Lore permission to talk with Connelly because no one big would come to the Wolves tells me he just accepts what he think he can get instead of going out there and trying. In the NBA that is terrible. Go and get the best. I just think Glen is a snake in the grass. A-Rod and Lore have the money but it isn't theirs. It would be a big joint venture and the more "owners" the more complications arise.Not true. Do you think Glen bought the Wolves alone and wrote a check? He didn't. Glen had like 4 limited partners when he bought the team initially. Just because they give a projection to the league doesn't mean they are held to that. It's only pro forma. That's why this whole thing stinks to me. It's Glen leaking to hurt Lore and Arod and get fans all in a tizzy.
I don't get the protracted legal process either. I'm hoping the arbiter looks at this quickly and rules on it. I can't imagine the NBA wants this to drag on and on.
If I recall he pretty much wrote a check. Later he brought on some limited partners or kept previous limited partners that already existed. Remember that Glen when he purchased the Wolves was a billionaire.
|
|
|
Post by araxen on Apr 12, 2024 11:27:03 GMT -6
Silver did say the NBA is staying out of it due to the dispute provision being laid out in the contract. Whomever wins arbitration will be owners of the team. I did also read the league may change the rules after all this is settled so it doesn't happen again. sports.yahoo.com/disputed-t-wolves-sale-may-205808063.html
|
|
|
Post by Bonecrusher on Apr 12, 2024 13:56:43 GMT -6
Silver did say the NBA is staying out of it due to the dispute provision being laid out in the contract. Whomever wins arbitration will be owners of the team. I did also read the league may change the rules after all this is settled so it doesn't happen again. sports.yahoo.com/disputed-t-wolves-sale-may-205808063.htmlI believe that this was Glen wanting an ownership team to come in slow and take over, while he "guided" the new owners and what he is doing is total snake in the grass. He's backing out claiming they don't have the money when they do. I think the arbitration will get this sorted out in favor of Lore and A-Rod.
|
|