As expected, Flip Saunders has taken over for the recently-fired David Kahn (whose amazing legacy in Minnesota will be pored over by historians for years.) Saunders is coming onboard as a limited partner for Glen Taylor, who says he’s decided not to sell the Timberwolves: “The Minnesota Timberwolves today named Phil ‘Flip’ Saunders as the franchise’s President of Basketball Operations. Saunders returns to the organization he guided during its most successful years, highlighted by a trip to the 2004 Western Conference Finals. Saunders, who has more than 20 years of professional basketball experience, will be responsible for all decisions made within the Timberwolves basketball operations department. As part of the agreement, Saunders will also assume a role as a Timberwolves minority owner. ‘We are thrilled to have Flip back with the Timberwolves organization,’ Timberwolves owner Glen Taylor said. ‘Flip is one of the more experienced and creative minds in basketball. He knows what it takes to win in the NBA and we are confident that he will do what is necessary to lead us to a return to our best days as an organization.’ [...] ‘I’m excited to be back with the Timberwolves and want to thank Glen Taylor for this opportunity,’ Saunders said. ‘My goal is to help the Wolves achieve the success that we experienced during my first tenure with this organization. We have a strong nucleus in place and will look to add assets that will allow us to make the playoffs and eventually compete for an NBA championship.’”