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David Kahn is out as president of basketball operations for the Minnesota Timberwolves and Flip Saunders is coming in. (AP Photo/Matt Slocum, File)

It's official: Flip Saunders returning to Timberwolves

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MINNEAPOLIS — Welcome back, Flip.

The Minnesota Timberwolves hired Flip Saunders as the team's new president of basketball operations on Friday, bringing him back eight years after he was fired as the head coach. Saunders replaces David Kahn, who was fired on Thursday after four seasons on the job, and he will have a minority stake in the franchise.

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