Kevin Garnett was once the face of the Minnesota Timberwolves franchise. Now he wants to go back, not as a player but as an owner.
Brooklyn Nets forward Kevin Garnett doesn’t want to be an NBA general manager or coach when his playing days are over. The Minnesota Timberwolves’ all-time leading scorer has his eye on an even higher position with his former NBA franchise.
Garnett told Yahoo Sports he wants to one day own the Timberwolves.
“I want to buy the Timberwolves. Put a group together and perhaps some day try to buy the team. That’s what I want,” Garnett said after a 107-99 loss to the Golden State Warriors on Thursday night.
The Timberwolves drafted Garnett with the fifth overall pick in the 1995 NBA draft. The 15-time All-Star played for the Timberwolves for 12 seasons before being traded to Boston, where he led the Celtics to a championship in 2008. Garnett pushed Minnesota to eight consecutive playoff appearances, and the franchise has not been to the postseason since his departure.
The Timberwolves were valued at $430 million in January, according to Forbes Magazine. The next NBA television contract will be extremely lucrative and is expected to raise the price of the franchise. Garnett, the 2004 MVP who averaged 20.5 points and 11.4 rebounds during his tenure with Minnesota, has made $315 million in his NBA career and will make an additional $12 million this season. He also has made millions in endorsements.