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Does this mean Garnett will be traded this season?
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Mac
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10/6/2005  11:17 PM
Timberwolves owner Glen Taylor said his franchise lost $12 million last year even though it didn't have to pay a luxury tax. The Wolves are budgeted to lose $7 million this year unless the team makes the playoffs.

http://www.startribune.com/stories/507/5653834.html
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Silverfuel
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10/6/2005  11:19 PM
let the rumors and mock trades BEGIN!
A journey of a thousand miles begins with a single step.
PhilinLA
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10/6/2005  11:30 PM
I wonder if Minneapolis is close enough to Chicago for Antonio Davis...
http://amonthhoffundays.blogspot.com/ We got a ringer.
Rich
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10/6/2005  11:41 PM
No, but it means that Wally Szczerbiak is available. Pass.
BRIGGS
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10/6/2005  11:47 PM
glenn taylor is a billionaire who bought the frikin team for 85mm 10 years ago--right now hes probably sitting on 200-250 mm in equity in the team and hes btching about 5mm$

oh man, the world is a fcd up place. hey glenn, go down to missisippi and build some nice apartment buildings free of charge for those who had no insurance on their homes if you want to do something constructive rather than btching about pennies
RIP Crushalot😞
Killa4luv
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10/7/2005  8:15 AM
Posted by BRIGGS:

glenn taylor is a billionaire who bought the frikin team for 85mm 10 years ago--right now hes probably sitting on 200-250 mm in equity in the team and hes btching about 5mm$

oh man, the world is a fcd up place. hey glenn, go down to missisippi and build some nice apartment buildings free of charge for those who had no insurance on their homes if you want to do something constructive rather than btching about pennies


great point
Nalod
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10/7/2005  9:18 AM
Posted by BRIGGS:

glenn taylor is a billionaire who bought the frikin team for 85mm 10 years ago--right now hes probably sitting on 200-250 mm in equity in the team and hes btching about 5mm$

oh man, the world is a fcd up place. hey glenn, go down to missisippi and build some nice apartment buildings free of charge for those who had no insurance on their homes if you want to do something constructive rather than btching about pennies

He lost 12 last year. He will lose another 5.

I don't think its unreasonable for an owner to think losing money each year is ok? Knicks have many other sources of revenue (ie: Cablevision)but knicks model makes some sense in the scheme of things.

He likely has lost a ton of money, and won't get it back until he sells them.

No everyone can be Cuban! Spurs do just fine with reasonable payroll! As do many teams!
Andrew
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10/7/2005  9:24 AM
Playoffs make a huge difference in profit. I can't rememeber the $ amounts but every Knick home playoff game earned the Knicks a huge chunk of money. I'm sure this is the case with the wolves but on a slightly lesser scale. I think if they make the playoffs this won't be an issue.
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Nalod
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10/7/2005  9:31 AM
Posted by Andrew:

Playoffs make a huge difference in profit. I can't rememeber the $ amounts but every Knick home playoff game earned the Knicks a huge chunk of money. I'm sure this is the case with the wolves but on a slightly lesser scale. I think if they make the playoffs this won't be an issue.

Used to be way back about $1million per game PROFIT!

For many teams, its the difference between profit and loss for the whole season.
franco12
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10/7/2005  9:33 AM
they all 'hide' revenue- especially with tv & cable deals.
franco12
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10/7/2005  9:34 AM
think about it- people with hundreds of millions of dollars are not dumb with their money- why do the continue to pay ever increasing amounts for teams in sports if these franchises lost money?
Andrew
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10/7/2005  9:45 AM
Posted by franco12:

think about it- people with hundreds of millions of dollars are not dumb with their money- why do the continue to pay ever increasing amounts for teams in sports if these franchises lost money?


Also a good point.
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EnySpree
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10/7/2005  10:24 AM
Posted by PhilinLA:

I wonder if Minneapolis is close enough to Chicago for Antonio Davis...

Bingo!!!

Send AD to Minnesota!!! with Penny and just give us Garnett please.....thanks!!!

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BRIGGS
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10/7/2005  10:44 AM
Posted by franco12:

think about it- people with hundreds of millions of dollars are not dumb with their money- why do the continue to pay ever increasing amounts for teams in sports if these franchises lost money?



i dont like the concept of a billionaire complaining he might lose a few mm right now if his team doesnt make the playoffs when there are a lot of people who lost everything they had in the US. go look up how many years taylor made money on the wolves and his cumulative equity gain on his franchise purchase. no differnce imho, from sprewell saying i need money to feed my kids--if you have you are in a great position, you should show some class and stay quiet,
RIP Crushalot😞
Nalod
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10/7/2005  11:04 AM
His team is gonna suck, this gives him reason to fans. Sets up a trade of KG as more acceptable to the court of pulic opinion..
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Does this mean Garnett will be traded this season?
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