For the last three years, Timberwolves owner Glen Taylor has been rumored as a potential buyer for the Minnesota Vikings. For most of that time, he's claimed that Red McCombs' asking price of $600 million was too high.
But, with the Reggie Fowler-led investment group apparently prepared to meet that price if they can come up with the needed money, Taylor would seem to be poised to jump in if the two sides can reach an agreement.
Fowler still has exclusive negotiating rights, but they are set to expire in less than two weeks. At that point, VU has been told and published reports in the St. Paul Pioneer Press have confirmed, Taylor is willing to raise his offer by more than $100 million -- meeting McCombs' $600 million asking price.
While this tactic may backfire -- giving McCombs the leverage to increase his price if he so chooses -- it's the first time since the 2003 season, when Taylor was close to an agreement with McCombs, that the Vikings seem destined to change ownership.
With Taylor's ties to Minnesota, as well as the State Legislature, it is believed he could get a lot more done as it pertains to public financing of a stadium. With a bill before the Legislature this session that would build a casino in Minneapolis with profits used to fund a Twins and Vikings stadium, this could be the best of all options for Vikings fans.
Taylor Ready to Make Move
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