Very good piece in The Athletic about how this deal came together and how it's a big time move for the Wolves. A few excerpts:
That eye for talent and development, coupled with a reputation as being an outgoing and gregarious leader, piqued the interest of Lore and Rodriguez. They got things started in the negotiations, showing an urgency to build on the success the Timberwolves had in their first season in the ownership group. Within 12 hours of their initial meeting with Connelly, they presented him with an offer to let him know they were serious about moving forward. The next step was getting final approval from Taylor.
Throughout the first year of Lore’s and Rodriguez’s tenure as co-owners with the Timberwolves, Taylor has shown significant desire to elevate the franchise’s stature. Taylor, Lore and Rodriguez worked hand-in-hand toward the completion of Connelly’s deal, culminating in a four-hour meeting on Saturday at Taylor’s home in Mankato, about a 90-minute drive from Minneapolis. Connelly, his wife, Negah, and two young children met with Taylor, his wife, Becky, CEO Ethan Casson and COO Ryan Tanke to get a feel for each other and get the final go-ahead, sources said.
Lore and Rodriguez have been determined to change the narrative around the Timberwolves and inject some energy into a team that hasn’t spent much time on the national radar. One of their first initiatives, dating back to their arrival last summer, was to ensure they had a top flight lead executive for the president of basketball operations.
Taylor wants to make sure his final years in control of the team have the best chance to be successful, so he made the request with Nuggets ownership to speak to Connelly several weeks ago. Connelly traveled to Serbia to present Jokić with his MVP trophy, but once he got back and engaged with Lore and Rodriguez, things got rolling.
A scout through and through, Connelly has a reputation for being a top-flight talent evaluator, having drafted Murray, Porter, Jusuf Nurkic, Malik Beasley, Gary Harris and Hyland in the first round and Jokić, Morris and Jarred Vanderbilt in the second round. There have been misses, of course, including Emmanuel Mudiay and Tyler Lydon. But he has helped build the Nuggets into a deep roster that was able to weather injuries to two of their top players and still finish with a 48-34 record, good for sixth in the West. They lost to Golden State in the first round of the playoffs.
There are reasons beyond financial for him to be optimistic about the situation in Minnesota. Connelly will be taking over a team with two stars in Towns and Edwards, promising young players in Jaden McDaniels and Vanderbilt and a top-notch coach in Chris Finch, who spent one season working with Connelly in Denver as an assistant on Malone’s staff. D’Angelo Russell had a strong season before struggling in the playoffs and Patrick Beverley asserted himself as a tough, veteran leader for a young group.
Finally, and not to be undersold, Connelly is coming to a team with a fan base that is building after this season’s playoff run and an ownership group that is proving to be eager to invest and build on the success that happened at Target Center this season. In signing off on the significant package, Taylor is signaling that he wants to do whatever it takes to make his last few years steering the ship as successful as possible and Lore and Rodriguez are showing that they can deliver on promises made.
Lore and Rodriguez had a visible presence all season long, attending games, meeting with corporate sponsors and engaging with rank-and-file employees to see what areas needed to be addressed. The push to make a big hire in the front office may not seem like a novel idea on its face, but it is a guiding principle of Lore’s “Vision, Capital, People” mantra. Identify the top talent, and pay whatever it takes to make it happen. That means that, from the moment they arrived and even before Rosas was fired, Lore and Rodriguez were already starting to consider if they could find a better, more accomplished leader of their basketball operations.
Hiring Connelly can be characterized as one of the biggest, most aggressive moves this franchise has made in a long time. Throughout the last season, as word spread of Lore and Rodriguez’s desire to hire a star, it was met with broad skepticism. Who would want to come to Minnesota? Are they really going to be willing to pay up? Will Taylor really sign off on it?
Closing the deal on Monday, luring a rival executive who is in charge of a Western Conference power with a superstar player, serves as an emphatic yes to all three questions. Lore and Rodriguez have not been bashful about their plans to change how this franchise is viewed. And this move provides tangible evidence that they deliver on their bold proclamations.
Under Connelly’s leadership, the Nuggets have made the playoffs in each of the last four seasons.
theathletic.com
Howl Wolves!!