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Timberwolves sold for 4.5 billion

Posted on 8/21/26 at 10:08 am
Posted by Balsamic_duck
Member since Jun 2017
4697 posts
Posted on 8/21/26 at 10:08 am
The reason this is notable is that the wolves are routinely ranked near the bottom of franchise value rankings along with the Pels and Grizzlies. This probably puts the value of the Pels franchise at around 4 billion.
Posted by Fun Bunch
New Orleans
Member since May 2008
133618 posts
Posted on 8/21/26 at 10:21 am to
That's a lot of chicken fingers or slot machines
Posted by BallHawk
Orlando
Member since Jul 2011
6289 posts
Posted on 8/21/26 at 12:54 pm to
I'm holding out hope that Todd Graves is buying the team once that expansion check clears
Posted by Chad504boy
4 posts
Member since Feb 2005
181909 posts
Posted on 8/21/26 at 1:06 pm to
Great our players will shrink over first ten years
Posted by tzimme4
Metairie
Member since Jan 2008
34883 posts
Posted on 8/21/26 at 1:21 pm to
quote:

I'm holding out hope that Todd Graves is buying the team once that expansion check clears

He's got a better chance of buying a team in Vegas or anywhere else than he does in New Orleans
Posted by nicholastiger
Member since Jan 2004
58780 posts
Posted on 8/21/26 at 1:25 pm to
Todd Graves is leveraged to the hilt
no way he could afford it by himself
he would need some partners to buy Pels

He might as well wait for the Saints
Posted by NOSHAU
Member since Feb 2012
14050 posts
Posted on 8/21/26 at 1:51 pm to
quote:

He's got a better chance of buying a team in Vegas or anywhere else than he does in New Orleans
Why? Rumor is the Vegas franchise may cost over $8 billion.
Posted by Fun Bunch
New Orleans
Member since May 2008
133618 posts
Posted on 8/21/26 at 1:51 pm to
quote:

Todd Graves is leveraged to the hilt
no way he could afford it by himself
he would need some partners to buy Pels

He might as well wait for the Saints


You never stop saying retarded things

You think these guys buy the team in cash all by themselves?
Posted by tzimme4
Metairie
Member since Jan 2008
34883 posts
Posted on 8/21/26 at 2:06 pm to
Because Gayle isn't selling while she's alive which could be at least around 10-15 years.

And the franchises go to Mickey and his cronies afterwords
This post was edited on 8/21/26 at 2:07 pm
Posted by Fun Bunch
New Orleans
Member since May 2008
133618 posts
Posted on 8/21/26 at 2:10 pm to
She's 79 years old. While she COULD live another 15 years, of course, statistically that's not likely
Posted by NOSHAU
Member since Feb 2012
14050 posts
Posted on 8/21/26 at 3:18 pm to
quote:

Todd Graves is leveraged to the hilt
no way he could afford it by himself
he would need some partners to buy Pels

He might as well wait for the Saints
No one buys teams with cash and many have a group of investors.
Posted by NOSHAU
Member since Feb 2012
14050 posts
Posted on 8/21/26 at 3:18 pm to
quote:

And the franchises go to Mickey and his cronies afterwords
No they don't. You are making crap up.
Posted by BallHawk
Orlando
Member since Jul 2011
6289 posts
Posted on 8/21/26 at 3:24 pm to
I would imagine whomever bought the Saints would buy the Pelicans no?
Posted by tzimme4
Metairie
Member since Jan 2008
34883 posts
Posted on 8/21/26 at 4:19 pm to
Are you just dumb or ill-informed? 30 seconds of research will tell you that
Posted by Geauxldilocks
Member since Aug 2018
6870 posts
Posted on 8/21/26 at 8:14 pm to
quote:

And the franchises go to Mickey and his cronies afterwords


Gayle isn’t gifting $15B to Mickey and Lauscha, the plan is for them to negotiate to a buyer and distribute sales proceeds to NOLA and her preferred charities.

That said, the goal is to retain the teams but the new owner has a business to run and will evaluate if NOLA is the best market for the franchises. Every business owner has the right to maximize their investment and locate the business in the right place.

Fortunately for the teams, Gov. Landry has attracted Meta, Hyundai, and now SpaceX. No other LA Governor in our lifetime has ever attracted these level enterprises. If LA can get to 5M population as a result by 2035 there might be a window to stay for the Saints and Pels because the businesses coming to LA are major entities.
Posted by NOSHAU
Member since Feb 2012
14050 posts
Posted on 8/21/26 at 10:19 pm to
quote:

Are you just dumb or ill-informed? 30 seconds of research will tell you that
Clearly you do absolutely no research if you think the team is being left to Loomis. Stop with the ignorant false crap.
Posted by Optimism
Member since Jun 2024
1040 posts
Posted on 8/22/26 at 1:44 pm to
Also Venture Global is here and is a major sponsor of Saints and I am guessing the Pels soon. Caesars is invested in city PELs will sign a lease extension. Keeping them here another 15 yrs. When teams are sold, hopefully state will continue to grow economically and they’ll be enough money to keep them both. We’re a much better position now than we were 2 to 3 years ago.
Posted by BigPerm30
Member since Aug 2011
32761 posts
Posted on 8/22/26 at 1:53 pm to
Rich get rich. Pelicans have been mismanaged since being purchased. Probably have a 3,000% ROI.
Posted by PUB
New Orleans
Member since Sep 2017
21903 posts
Posted on 8/22/26 at 4:38 pm to
Joke. But give them billions in Corporate Welfare.
Posted by Friendly Satan
Member since Nov 2024
2007 posts
Posted on 8/22/26 at 9:16 pm to
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