Original Timberwolves owner Marv Wolfenson died Saturday morning in LaJolla, Calif., the team confirmed.
Wolfenson, a Minneapolis businessman, and partner Harvey Ratner brought the franchise to Minnesota in 1987. Wolfenson and Ratner were also responsible for building the Target Center and sold the team to Glen Taylor in 1994.
Ratner passed away in 2006.
"The Minnesota Timberwolves organization is deeply saddened by the news of the passing of Marv Wolfenson. Marv, along with his business partner Harvey Ratner, realized his dream and vision to bring professional basketball back to Minnesota. Marv will long be remembered by our organization as not only an original owner of the franchise, but more importantly a mentor, friend, and incredible businessman who helped us all establish the Wolves in this market. Our thoughts and prayers are with his family at this time."