Reported 6 months ago
The Minnesota Timberwolves face an ownership dispute as the billionaire entrepreneurs who agreed to buy the team failed to meet final payment deadlines, leading to uncertainties about spending to keep the team together. Concerns are raised about proposed budget cuts that could reduce the team's payroll below the luxury tax threshold, potentially affecting player extensions and future success. The team's future remains uncertain as they strive to balance financial considerations with maintaining a competitive roster.
Source: YAHOO