Minnesota Timberwolves owner Glen Taylor is bringing in two new minority partners to his ownership group, including the NBA’s first Chinese owner, a person with knowledge of the situation told The Associated Press. Shanghai investor Lizhang Jiang and New Jersey real estate mogul Meyer Orbach are joining the Timberwolves’ ownership group, the person said Monday on condition of anonymity because the deal has not been finalized. The NBA has long been heavily invested in growing the game in China, with former Houston Rockets center Yao Ming helping to make the league wildly popular in a nation of 1.4 billion people. Cleveland Cavaliers owner Dan Gilbert negotiated with a Chinese group to sell 15 percent of the team back in 2009, but that deal never was completed.
We keep the tough going with 2,300 convenient locations, 6,500 helpful employees & a 97% customer satisfaction rating. Talk about strength in numbers.
Andrew Nicholson just had a career year. He stopped taking so many inefficient long 2s, moving his shot selection beyond the arc. The power forward made 41 3-pointers (as many as he made in his first three seasons combined) and shot 36% on 3s. He hit the glass harder. The Magic allowed 7.6 fewer points per 100 possessions with him on the floor than off. Yet, Orlando seems ready to move on. Nicholson fell from the rotation, and the Magic tried to trade him before the deadline. Now comes the surest sign Nicholson will exit Orlando. Zach Lowe of ESPN: Nicholson – the No. 19 pick in the 2012 draft – would’ve received a qualifying offer worth $3,394,726. He might not get that on the open market –