2. Establishing value
Remember that $600 million that Zygi Wilf and his five partners spent on the Minnesota Vikings in 1995? Well, when you fast forward those 15 years and look at the Forbes value of the team as of Nov. 2019, the team is now worth $2.7 billion.
Seeing the team more than quadrupled in value since the Wilf family took over is amazing, but shouldn’t be too surprising considering the family made their fortune in the real estate market after working as lawyers.
The Wilf family has built up the Vikings in a great way, landing the team a new stadium, new practice facility, new team office, team museum, and much more to add value to their investment over the years.
Although the Timberwolves already have some great facilities, the Wilf family will know how to get the most out of a franchise as well as their investment. Their track record with finances already proves that to be true.