So Mr. Know It All, maybe you explain why a man whose business acumen has made every thing he has invested or bought into been so successful and yet his personnel management choices to operate his basketball business have been at best woefully inadequate.. Plus his operating decisions such as the Smith fiasco has been a long term residual detriment to the team. I have read several stories about Taylor and is genuinely a nice guy, but he also was quoted as saying he very competitive. Well for guy who claims he so competitive his team that he owns is anything but that. Plus your pulling numbers out of thin air. His businesses are all privately held so neither you or I have any idea of what his true net worth is, even Forbes probably was taking an educated guess.
So explain then why his running of the Wolves runs opposite of his other operations.
You disparaged my opinion, so now its your turn. Fish or cut bait!
OK, I'll fish! I am not defending Taylor. This franchise has done nothing over it's history except for a couple of good years during KG's prime. Taylor has made one bad decision after another, probably including having his son-in-law in the team offices. He has made poor GM decisions, and allowed those poor GM's to make poor coaching decisions. All those things are true, on that we can agree.
What I take exception to is your comment that he is doing this for a "tax loss", which is a ludicrous comment. You can't lose your way to a bigger profit, and I don't need an accountant to tell me that.
Taylor has no knowledge of basketball and has made poor decisions, illegal decisions, and probably cheap decisions, but I can assure you that he has not made decisions based on losing as much money as possible in order to save money on taxes. It is mathematically impossible.