Tag: Glen Taylor

NBA: Timberwolves to add Chinese part-owner: report

LOS ANGELES , United States (AFP) — Minnesota Timberwolves owner Glen Taylor will bring in the NBA’s first part-owner from China in a deal to add two new investors to his ownership group, ESPN reported Monday. Citing unnamed sources, ESPN said the deal will allow Taylor to remain the club’s controlling owner. Last week, he closed a deal to bring in Jiang Lizhang, a Shanghai-based businessman who founded the Chinese marketing company Double-Edge Sports. Jiang […]