Report: Glen Taylor in ‘advanced talks’ with Daniel Straus investment group to purchase Lynx, Timberwolves

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No need to worry, Minnesota Lynx fans. The indications are that the Minnesota Lynx will remain the Minnesota Lynx.

Shams Charania and Jon Krawczynski of The Athletic are reporting that a group led by Daniel E. Straus, the former minority owner of the Memphis Grizzlies, are in advanced talks to purchase the Lynx and the Minnesota Timberwolves from Glen Taylor, the current governor for both franchises.

The report also hints that the Straus group had an exclusive negotiating period after the teams were put on the market – and that the investment group plans to keep both Los Lynx and the Wolves in Minnesota.

Initial reports suggested T’Wolves all-time great Kevin Garnett and Minnesota Vikings owner Zygi Wilf were among the interested suitors.