Minnesota Timberwolves failed relocation to New Orleans

In 1994, several groups were involved in an attempt to relocate the Minnesota Timberwolves of the National Basketball Association (NBA) from Minneapolis, Minnesota to New Orleans, Louisiana. The proposed relocation would have been the second involving a Minneapolis-based franchise in the span of two years, as Minneapolis had lost its National Hockey League (NHL) franchise to Dallas in 1993. Timberwolves owners Marv Wolfenson and Harvey Ratner were considering selling the team due, to problems with the mortgage on the Target Center, the team's arena that had been built only four years earlier as part of Minneapolis' 1989 entry into the NBA. The events of the attempted relocation resulted in Glen Taylor, businessman and former Minnesota State Senator, purchasing the team and keeping it in Mi

Minnesota Timberwolves failed relocation to New Orleans

In 1994, several groups were involved in an attempt to relocate the Minnesota Timberwolves of the National Basketball Association (NBA) from Minneapolis, Minnesota to New Orleans, Louisiana. The proposed relocation would have been the second involving a Minneapolis-based franchise in the span of two years, as Minneapolis had lost its National Hockey League (NHL) franchise to Dallas in 1993. Timberwolves owners Marv Wolfenson and Harvey Ratner were considering selling the team due, to problems with the mortgage on the Target Center, the team's arena that had been built only four years earlier as part of Minneapolis' 1989 entry into the NBA. The events of the attempted relocation resulted in Glen Taylor, businessman and former Minnesota State Senator, purchasing the team and keeping it in Mi