From Erick Blasco/Bleacherr Report: Minnesota Timberwolves Breakdown: Wolves Need Talent Upgrade
Speaking of keeping warm, thanks to the hundreds of you fans who took the time to clear closets and deliver warm, wearable coats for those in need. I can’t say thanks enough to Kevin Love who personally delivered many of the more than 500 coats collected during his recent coat drive to The Salvation Army. Love drove a truck-full of coats to the Salvation Army Harbor Light Center and then watched the donation process.
As the holiday season started, forward Damien Wilkins partnered with Emergency Foodshelf Network (EFN) to provide a Basket of Hope for 150 Minneapolis families in need. Wilkins personally gave out nearly 200 Thanksgiving dinner baskets at and was touched beyond words.
Two billionaire-owned teams suffered double-digit losses over the past year. The value of the Minnesota Timberwolves plunged 11% to $268 million as five poor seasons and only 24 wins in 2008 have dampened ticket demand.
Billionaire owner Glen Taylor, who made his $2.2 billion fortune from greeting cards and agriculture, gave away 5,000 tickets in 2008, and has lowered prices on 95% of the seats.