Kevin Garnett reportedly planning to invest $200 million to buy Timberwolves

Asking price is expected to be about $1.2 billion

Kevin Garnett is reportedly planning to invest $200 million to buy the Minnesota Timberwolves and Lynx.

Following, from Charley Walters of the Pioneer Press:

“Word within basketball circles is that Kevin Garnett’s group that wants to buy the Timberwolves from Glen Taylor includes two billionaires from California and another from Florida. Garnett’s investment is said to be $200 million, and he would head the basketball operations with authority to name the GM and coach. Asking price is expected to be about $1.2 billion, which also includes the Lynx.”