Kevin Garnett, the NBA basketball legend who has been around in the league for 19 years, is returning to his first team, for whom he played for 12 seasons. So, what’s this news got to do with business?
KG plans to play 2 more NBA seasons and want to end it in Minnesota. But the end is just the beginning: Upon his retirement, he – along with a group of trusted people in his circle – plans to buy the Timberwolves. Valued at $625 million in January 2015 by Forbes, it’s certainly possible for KG to do it: From his salary alone, Garnett has collected $327 million. And we all know NBA players like him makes much more from endorsement deals with brands.
I personally think that KG’s plan is great for him, the team and the basketball culture: KG is known for his leadership and hustle, and although his playing time is limited, his off-court leadership is what every NBA team needs.
His arrival as a player in Minnesota has already made big news – including among his teammates. Zach LaVine, the winner of 2015 NBA Slam Dunk contest, talked to reporters that he’s both terrified and honored sharing the locker room with the NBA legend.
KG is set to return the hustle mentality back to Minnesota and inspire his team to fight till the end – no matter winning or losing… An attitude that is best-suit for any corporations – including the Minnesota Timberwolves franchise.
Owning the team seems logical and assuring, don’t you think?