3. Familiarity with Minnesota lawmakers
Yes, the Wilf family has a LOT of money. They have years of experience owning a sports team. However, the most important thing to remember about the Wilfs is that they have dealt with Minnesota’s laws, rules, and regulations and still thrived.
Creating a positive relationship with the city of Minneapolis, state of Minnesota, and the lawmakers is essential if a sports team wants to succeed. The Timberwolves may not need help building a new arena or facility, but that doesn’t mean they won’t need those connections in the future.
Whether it is team events, fan experiences, or anything else that happens outside of team facilities, getting approval on anything will be a much smoother process when both sides know what s expected from them.
To create those relationships from scratch could be a bumpy road. There have been plenty of times the Vikings and Minnesota have butted heads in the past, but a resolution was always found. That’s the kind of advantage that can be worth more than money.