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Updated: April 18th, 2014 12:45pm
Glen Taylor steps in as interim chairman of NBA's Board of Governors

Glen Taylor steps in as interim chairman of NBA's Board of Governors

by Nate Sandell
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Minnesota Timberwolves owner Glen Taylor has temporarily stepped back into the role as chairman of the NBA's Board of Governors after San Antonio Spurs owner Peter Holt stepped down from the position on Friday.

Taylor, who served as the group's chairman from 2008 to 2012, will take over the title on an interim basis until a permanent replacement is selected in October.

The NBA Board of Governors, which met Thursday and Friday in New York City, is the league's primary decision-making and governing body. After Taylor's four years in the role, Holt was elected as chairman in October 2012.

Taylor, 72, has been the majority owner of the Wolves since 1995.

Meanwhile, Taylor and the Wolves have not yet made an announcement about coach Rick Adelman's future in Minnesota. According to 1500 contributor Darren Wolfson, Taylor was expected to fly back to Minneapolis on Friday.

It has been widely speculated that Adelman, who has a mutual fourth year option in his contract, plans to retire after a 23-year coaching career. Adelman and the Wolves have two weeks to decide whether or not to exercise the contract option. Wolfson suggested a final decision could be revealed by Monday.

Nate Sandell is a contributor to
Email Nate | @nsandell