The deal is a five-year, $40 million contract plus a kicker for equity, multiple sources told The Athletic, a rare package for an executive. Connelly met with Timberwolves minority owners Marc Lore and Alex Rodriguez in recent days and then flew to Minnesota on Saturday to meet majority owner Glen Taylor for the final step toward becoming the new president of basketball operations for the Wolves.
Tag: Glen Taylor
Nuggets president Tim Connelly to meet with Wolves ownership
Nuggets president Tim Connelly is heading to Minnesota this weekend as the next step in the Timberwolves’ recruitment of him, a league source confirmed to The Denver Post. Connelly, who’s overseen the Nuggets since 2013, is planning to meet with …
Nuggets president Tim Connelly is heading to Minnesota this weekend as the next step in the Timberwolves’ recruitment of him, a league source confirmed to The Denver Post. Connelly, who’s overseen the Nuggets since 2013, is planning to meet with Wolves owner Glen Taylor. ESPN first reported the development. With a stable organization, a reigning two-time MVP and a place where his family is comfortable, Connelly has no reason to leave the Nuggets. The only X-factor? Compensation. It’s believed the Timberwolves’ offer is more than double his current salary. Minnesota’s interest didn’t come out of nowhere. In fact, it was discussed when Connelly, team governor Josh Kroenke and coach Michael Malone all went to Serbia to surprise Nikola Jokic with his MVP trophy. News of Minnesota’s interest in poaching Connelly from Denver got out on Wednesday. Publicly, it’s been more than 48 hours since Denver’s ownership has had a chance to counter or ensure Connelly doesn’t even listen to Minnesota’s proposal. Privately, they’ve had far longer than that.
Source: Mike Singer @ Denver Post
Source: Mike Singer @ Denver Post
What’s the buzz on Twitter?
Michael Singer @msinger
#Nuggets president Tim Connelly flying to Minnesota to meet with Glen Taylor as the next step in their recruitment, sources say.
denverpost.com/2022/05/21/nug… – 11:59 AM
#Nuggets president Tim Connelly flying to Minnesota to meet with Glen Taylor as the next step in their recruitment, sources say.
denverpost.com/2022/05/21/nug… – 11:59 AM
Adrian Wojnarowski @wojespn
As talks progress on a massive deal to oversee the Minnesota Timberwolves’ basketball operations, Denver Nuggets president Tim Connelly traveling to meet with majority owner Glen Taylor this weekend. Story on ESPN: es.pn/3G7ce3A – 11:56 AM
As talks progress on a massive deal to oversee the Minnesota Timberwolves’ basketball operations, Denver Nuggets president Tim Connelly traveling to meet with majority owner Glen Taylor this weekend. Story on ESPN: es.pn/3G7ce3A – 11:56 AM
Christopher Hine @ChristopherHine
Denver’s Tim Connelly closing in on deal with Timberwolves; will meet with Glen Taylor. Here’s the latest: startribune.com/timberwolves-m… – 11:50 AM
Denver’s Tim Connelly closing in on deal with Timberwolves; will meet with Glen Taylor. Here’s the latest: startribune.com/timberwolves-m… – 11:50 AM
Jon Krawczynski @JonKrawczynski
Marc Lore and Alex Rodriguez have been driving the bus to make a high profile hire atop the front office. Glen Taylor has final say and has been supportive of his partners. The three have been working together on Tim Connelly. theathletic.com/3320881/2022/0… – 11:46 AM
Marc Lore and Alex Rodriguez have been driving the bus to make a high profile hire atop the front office. Glen Taylor has final say and has been supportive of his partners. The three have been working together on Tim Connelly. theathletic.com/3320881/2022/0… – 11:46 AM
Michael Singer @msinger
Tim Connelly is planning to travel to Minnesota as part of the next stage in their recruitment, source confirms @Adrian Wojnarowski.
Regardless of whatever they offer, he’s not in a place where he’s eager to leave. It might, however, be overwhelming. – 11:15 AM
Tim Connelly is planning to travel to Minnesota as part of the next stage in their recruitment, source confirms @Adrian Wojnarowski.
Regardless of whatever they offer, he’s not in a place where he’s eager to leave. It might, however, be overwhelming. – 11:15 AM
Dane Moore @DaneMooreNBA
To summarize the Timberwolves + Tim Connelly situation as I understand it…
The proposed comp package is massive, driven by Marc Lore and Alex Rodriguez. But they are not the majority owners — meaning Glen Taylor pays that $ through 2023. Thus Connelly headed to meet with Taylor – 11:05 AM
To summarize the Timberwolves + Tim Connelly situation as I understand it…
The proposed comp package is massive, driven by Marc Lore and Alex Rodriguez. But they are not the majority owners — meaning Glen Taylor pays that $ through 2023. Thus Connelly headed to meet with Taylor – 11:05 AM
Adrian Wojnarowski @wojespn
ESPN Sources: Denver Nuggets president Tim Connelly is traveling to meet with Minnesota owner Glen Taylor this weekend in what’s the next step in the Timberwolves’ pursuit to hire Connelly and make him one of league’s highest compensated executives. – 10:43 AM
ESPN Sources: Denver Nuggets president Tim Connelly is traveling to meet with Minnesota owner Glen Taylor this weekend in what’s the next step in the Timberwolves’ pursuit to hire Connelly and make him one of league’s highest compensated executives. – 10:43 AM
Michael Singer @msinger
Not entirely surprising, but #Nuggets president Tim Connelly’s been radio silent with a lot of people close to him.
I strongly believe he doesn’t want to leave Denver, and I also think he’d stay if the Kroenkes could make him a competitive offer. – 5:43 PM
Not entirely surprising, but #Nuggets president Tim Connelly’s been radio silent with a lot of people close to him.
I strongly believe he doesn’t want to leave Denver, and I also think he’d stay if the Kroenkes could make him a competitive offer. – 5:43 PM
Adam Mares @Adam_Mares
Casual Friday and we have a special musical act to open the show. Don’t miss it!
🇷🇸 Serbian Corner with @MiroslavCuk
✅ Tiering all of Tim Connelly’s draft picks
✅ Another fan attempts to climb The Steps
youtube.com/watch?v=Ix3m4y… – 3:30 PM
Casual Friday and we have a special musical act to open the show. Don’t miss it!
🇷🇸 Serbian Corner with @MiroslavCuk
✅ Tiering all of Tim Connelly’s draft picks
✅ Another fan attempts to climb The Steps
youtube.com/watch?v=Ix3m4y… – 3:30 PM
Michael Singer @msinger
“This is awesome,” Tim Connelly said. “We’re at a gas station in Serbia right now, man!”
This is easily my favorite line of the story.
The #Nuggets wanted to surprise Nikola Jokic in Sombor with the MVP trophy. Here’s the backstory of how they did it.
denverpost.com/2022/05/20/nik… – 1:50 PM
“This is awesome,” Tim Connelly said. “We’re at a gas station in Serbia right now, man!”
This is easily my favorite line of the story.
The #Nuggets wanted to surprise Nikola Jokic in Sombor with the MVP trophy. Here’s the backstory of how they did it.
denverpost.com/2022/05/20/nik… – 1:50 PM
More on this storyline
Denver Nuggets president of basketball operations Tim Connelly is traveling to meet with Minnesota Timberwolves owner Glen Taylor this weekend in the next step in the team’s pursuit to hire Connelly and make him one of the NBA’s highest-compensated executives, sources told ESPN. Connelly has discussed the job extensively with Timberwolves minority owners Marc Lore and Alex Rodriguez in the past week, and meeting with Taylor is next in the process, sources said. -via ESPN / May 21, 2022
Chris Hine: Connelly and Timberwolves inching closer to a deal. Marc Lore and Alex Rodriguez have had significant influence over the process, but Glen Taylor as current controlling owner still has the final sign off on any deal. -via Twitter @ChristopherHine / May 21, 2022
Mike Singer: News came out Wednesday night tying Tim to Minnesota. It didn’t come out of nowhere. There’d been interest for a while, & it was discussed while group was in Serbia. The #Nuggets & the Kroenkes have had ample time to address and/or counter. It doesn’t look like they’re going to. -via Twitter @msinger / May 21, 2022
Nuggets president Tim Connelly to meet with Wolves ownership
Nuggets president Tim Connelly is heading to Minnesota this weekend as the next step in the Timberwolves’ recruitment of him, a league source confirmed to The Denver Post. Connelly, who’s overseen the Nuggets since 2013, is planning to meet with Wolves owner Glen Taylor. ESPN first reported the development. With a stable organization, a reigning two-time MVP and a place where his family is comfortable, Connelly has no reason to leave the Nuggets. The only X-factor? Compensation. It’s believed the Timberwolves’ offer is more than double his current salary. Minnesota’s interest didn’t come out of nowhere. In fact, it was discussed when Connelly, team governor Josh Kroenke and coach Michael Malone all went to Serbia to surprise Nikola Jokic with his MVP trophy. News of Minnesota’s interest in poaching Connelly from Denver got out on Wednesday. Publicly, it’s been more than 48 hours since Denver’s ownership has had a chance to counter or ensure Connelly doesn’t even listen to Minnesota’s proposal. Privately, they’ve had far longer than that.
Denver Nuggets president of basketball …
Denver Nuggets president of basketball operations Tim Connelly is traveling to meet with Minnesota Timberwolves owner Glen Taylor this weekend in the next step in the team’s pursuit to hire Connelly and make him one of the NBA’s highest-compensated executives, sources told ESPN. Connelly has discussed the job extensively with Timberwolves minority owners Marc Lore and Alex Rodriguez in the past week, and meeting with Taylor is next in the process, sources said.
Chris Hine: Connelly and Timberwolves …
Chris Hine: Connelly and Timberwolves inching closer to a deal. Marc Lore and Alex Rodriguez have had significant influence over the process, but Glen Taylor as current controlling owner still has the final sign off on any deal.
Mike Singer: News came out Wednesday …
Mike Singer: News came out Wednesday night tying Tim to Minnesota. It didn’t come out of nowhere. There’d been interest for a while, & it was discussed while group was in Serbia. The #Nuggets & the Kroenkes have had ample time to address and/or counter. It doesn’t look like they’re going to.
Timberwolves majority owner Glen Taylor …
Timberwolves majority owner Glen Taylor said Gupta would be evaluated after the season to determine if they would go forward with him or look elsewhere. The Wolves have not ruled out the possibility that Gupta will remain in charge, sources said. But the talks with Connelly represent a real consideration of hiring someone above Gupta.
Owner Glen Taylor, along with new …
Owner Glen Taylor, along with new limited partners Marc Lore and Alex Rodriguez, told Gupta when he took over for the fired Gersson Rosas before training camp that they would evaluate him over the course of the season before making a decision on what they would do at the top of the basketball operations department. In the meantime, Gupta has been empowered to run the front office how he sees fit, league sources told The Athletic, and he has started to reshape the staff as the Wolves prepare to convene with the rest of the league in Chicago next week for the NBA Draft Combine.
Animal rights activists demanding Glen Taylor to step down as Timberwolves governor
Animal rights activists who have disrupted three Minnesota Timberwolves games in two NBA arenas over the past two weeks demand that Timberwolves owner Glen Taylor relinquish his role as governor and contribute $11.3 million to various entities on behalf of animal welfare. The activists, members of animal rights organization Direct Action Everywhere, are targeting Taylor for his ownership of Rembrandt Farms, a large-scale factory farm that produces tens of millions of eggs each year.
“To have Taylor and other extremely …
“To have Taylor and other extremely powerful factory farming businessmen getting these taxpayer bailouts flies in the face of the values of ordinary Americans,” Direct Action Everywhere press contact and activist Matt Johnson said. “Taylor should set a powerful example by stepping away from NBA ownership and refusing to take any subsidies related to the HPAI outbreak, and donate funds previously received to help repair some of the harm of the most destructive industry on the planet.”