Timberwolves owner Taylor: very optimistic about t

Timberwolves boss Glen Taylor is also the chairman of NBA Board for collective bargaining, Taylor hopes to eventually reach an agreement and avoid lockout.

"I do not know what will happen next. " Taylor said they need a new collective bargaining agreement, because last season there were 24 teams are losing money.

"I can only tell you that we are negotiating with the trade union every week, I'm really optimistic. " Taylor said: "Our talks were very friendly, but we still have a long way to go, we will be there on Tuesday a will, then we will be another meeting early in June. "