failed relocation new_orleans groups involved attempt relocate minnesota national basketball association nba minneapolis minnesota new_orleans louisiana proposed relocation second involving minneapolis based franchise span years minneapolis lost franchise dallas texas owners considering selling team problems mortgage team arena built years earlier minneapolis entry nba events attempted relocation resulted businessman minnesota state senator purchasing team keeping minneapolis failed new_orleans attempts lure vancouver city 2000s found success considered new_orleans memphis eventually moved elected louisiana revive franchise charlotte original renamed relocation speculation nba star game speculation remain minneapolis following season issue february nba commissioner announced representatives serve effort resolve issues related debt owed home arena ownership seeking public private entity purchase million remaining arena mortgage team sold likelihood moved minnesota talks beginning team place following week revealed ownership met representatives san_diego nashville new_orleans discuss potential relocation franchise late february new_orleans emerged likely city team relocate deal reached team minneapolis case potential ownership group rank signed letter intent purchase team new_orleans debt issues target center resolved potential local ownership group identified late february local opposition perceived multi millionaire ownership began hold citizens opposition group called don target referencing formed voice opposition public purchase facility additionally polling time showed support public intervention unfavorable percent polled intervention support intervention arena issue began shape local state level stating intention deal happen additionally businesses near arena starting campaign team minneapolis political maneuvering continuing minnesota early april reported nashville favored place relocation new_orleans nashville offer preferred option included million franchise additional million paid city minneapolis pay debt target center new_orleans later lead candidate relocation end april rank announced purchase price million early minnesota state legislature approved bill use public funds purchase million purchase state contingent ownership agreeing franchise arena years ownership find local willing pay rank offered franchise setting stage relocation proposed new_orleans months speculation rank successfully purchased franchise million intention relocating new_orleans purchase occurred following agreement rank ownership allowed rank purchase franchise local ownership groups found june rank officially filed nba seeking relocate new_orleans nba season identified sole rank houston lawyer quinn serving team major partners timber wolf species native louisiana speculation relocated franchise called officially changed proposed names included rhythm new_orleans mayor angels louisiana governor speculation team play home games new arena constructed officials notified league dates available schedule home games dome season prior announcement team rumored play games arena unavailable remaining minneapolis june national_basketball_association franchise relocation committee voted unanimously block sale franchise rank resulting remaining minneapolis season rank offer rejected league questions surrounding financing plan million purchase price paid million unknown investors million loans banks commitments million undisclosed sources based projected revenues built arena new_orleans league filed lawsuit minneapolis seeking injunction transfer team minnesota june league officially denied sale franchise rank resulting remaining minneapolis june rank file counter suit suit sought ownership fulfill contractual obligation sell team rank following day federal district court ruled franchise remain minneapolis june months working purchase franchise local businessman withdrew bid purchase august later headed group purchase team nba approving transaction october rank enter bankruptcy result nba rejected offer securing franchise minneapolis years following attempt relocate sought lure existing franchise city completion alliance led efforts relocate vancouver city new_orleans bid ultimately lost memphis early city looked potentially relocate city attractive relocate following failed referendum new arena charlotte nba voted favor relocation new_orleans marking return nba city relocation salt_lake_city november trip new_orleans failed relocation efforts rank group
Minnesota Timberwolves failed relocation to New Orleans