NBA deputy commissioner Adam Silver announced today at the Bloomberg Sports Business Summit that no teams in the league are for sale, according to ESPN.com's Brian Windhorst.
Several teams, including the Timberwolves, and possibly the Bucks and Raptors, have been taken off the market until after the league strikes its eventual lucrative television contract, when the monetary value of every franchise is expected to increase.
Television negotiations are expected to take place next year, after Silver replaces David Stern as the league's commissioner.