Coaching acquisition & a new Prez
With the hype of Summer League, the Olympics and the hysteria of NBA Free Agency all dying down, I am ready to discuss my ticket sales experiment or investment. I have been a longtime Timberwolves and basketball fan, and have in the past been a season ticket holder. Now this year when buying tickets it was for the express purpose of trying to create income from the investment. I will in turn be comparing my financial status to that of the two other major stocks traded publicly. One of the best comparable is MSG the Madison Square Garden ownership group ran by James Dolan, if one thought the value of the Knicks and it's income growth to be imminent you could purchase stock in this company to see the residual benefits. The other option but less similar is MANU, the publicly traded stock of the Manchester United soccer/football club.
I am hopeful of the playoffs, and this may turn into a multiple year experiment where there is a greater chance for post season play. If that becomes the case there is certainly a place to break down the extra payback/income that will generate.
I purchased my season tickets on April 21st 2016, the day the Timberwolves announced the hiring of Coach and President Tom Thibodeau. In that sense it might be like purchasing a stock the day a company announces a change in CEO, so lets review the past coaches and preformances of the team against some of the top performing coaches in the game today, based only on wins & losses.
Here is the list of top 10 win percentage current coaches on basketball-reference.com
Yrs Seasons W-L Percentage
I am hopeful of the playoffs, and this may turn into a multiple year experiment where there is a greater chance for post season play. If that becomes the case there is certainly a place to break down the extra payback/income that will generate.
I purchased my season tickets on April 21st 2016, the day the Timberwolves announced the hiring of Coach and President Tom Thibodeau. In that sense it might be like purchasing a stock the day a company announces a change in CEO, so lets review the past coaches and preformances of the team against some of the top performing coaches in the game today, based only on wins & losses.
Here is the list of top 10 win percentage current coaches on basketball-reference.com
Yrs Seasons W-L Percentage
| Steve Kerr | 2015 | 2016 | 2 | 164 | 140 | 24 | .854 |
| Gregg Popovich | 1997 | 2016 | 20 | 1574 | 1089 | 485 | .692 |
| Billy Donovan | 2016 | 2016 | 1 | 82 | 55 | 27 | .671 |
| Erik Spoelstra | 2009 | 2016 | 8 | 640 | 399 | 241 | .623 |
and rounding out 11th is Rick Carlisle.
So everyone except Thibodeau and Donavan has won a championchip in the top 5. All of the coaches have been to the conference finals (Joerger as an assistant) and 6 out of the 10 have been to the NBA finals. The top 7 coaches all have had the luck to coach MVP or former MVP players on their roster. Thibodeau has coached 4 separate players during their All-Star Year (Derrick Rose, Loul Deng, Joakim Noah, Jimmy Butler).
The last All-Star the Timberwolves had voted in by the fans was Kevin Love twice (once in 2011 as a replacement for the injured Yao Ming) in 2012 and 2014. But perhaps this could be a new year of All-Stars depending on the assumed growth and development of the three burgeoning stars of Lavine, Towns, and Wiggins.
Many times stocks go up and down based on the news of the retirement or ousting of a CEO/executive. The hiring of Tom Thibodeau was a historically unprecedented hire of someone with an outstanding track record. The Timberwolves last hired a successful coach under the GM David Kahn, when Rick Adelman (career win % of .582) was hired and then proceeded to have 3 of his worst 6 seasons as a head coach, but almost broke .500 his last season with Flip Saunders as GM.
So this move bodes well from a franchise value perspective. Much hype surrounds a team with a two time dunk champion and the last two Rookie of the Year winners. This years draft pick of Kris Dunn was just voted by his rookie peers as most likely to win ROY in the 2016-17 season. Much remains to be seen.
An upcoming blog will report on the financial status of the ticket situation as this was just surmizing the lay of the land and helping to forecast ideas on potential future growth.
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