Marv Wolfenson, one of the two businessmen who brought the NBA back to Minnesota, died Saturday. He was 87.
Wolfenson died in La Jolla, Calif., Timberwolves spokesman Brad Ruiter told The Associated Press on Saturday. He did not know any other details.
The Star Tribune reports that Wolfenson died Saturday morning.
Wolfenson and Harvey Ratner were the Timberwolves original owners when the NBA granted them and Minnesota an expansion franchise that began play in 1989. They also owned a series of Twin Cities health clubs.
The team released a statement Saturday, saying the organization was deeply saddened.
“Marv will long be remembered by our organization as not only an original owner of the franchise, but more importantly a mentor, friend, and incredible businessman who helped us all establish the Wolves in this market,” the statement said.