CHICAGO -- The possible sale of the Minnesota Timberwolves to an out-of-state group could kill a $42 million revenue bond package that would help finance a public buyout of the Target Center stadium in Minneapolis, according to Minnesota officials.

Timberwolves officials late Monday said that a buying group is willing to pay $152.5 million for the team, according to Teri Washington, a spokeswoman for the National Basketball Association. The group wants to move the franchise to New Orleans as part of the deal, Washington said. The association must approve the team's sale and relocation.

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