Timberwolves Finalize Purchase of NBA Development League Team Iowa Energy

Minneapolis-St. Paul – The Minnesota Timberwolves and the NBA Development League today announced the final sale of majority ownership in the Iowa Energy to Glen Taylor. The Wolves are now one of 25 teams to own or operate an NBA Development League affiliate.   More information regarding management of the team and an introduction to team ownership will be forthcoming at a future announcement in Des Moines.