The pending sale of the Wolves’ franchise to new owners Marc Lore and Alex Rodriguez does not include a requirement to keep the team in Minnesota.
The revelation comes as part of a complaint filed by Wolves shareholder Meyer Orbach, alleging that investors weren’t treated properly in the sale. Taylor said publicly that the deal would prohibit Lore and Rodriguez from moving the franchise to a new market, but in fact it would simply require them to present such plans to the NBA’s Advisory Board for “discussion.” Taylor has also referred to the NBA board of governors’ desire for expansion over relocation, and it’s worth noting that the board of governors still has to approve the sale before it’s final.