sole Top Rank stockholder, with Houston lawyer John O'Quinn and stockbroker Robert Higley serving as the team's major partners. With the timber wolf being a species not native to Louisiana, there was much speculation as to what the relocated franchise would be called. Although never officially changed, a few new names were proposed; New Orleans Mayor Marc Morial advocated for the team be called the Rhythm, while Louisiana Governor Edwin Edwards suggested the team be renamed the Angels. After speculation as to where the team would play their home games while a new arena was constructed, Superdome officials notified the league that enough dates would be available to schedule 41 home games at the dome for the 1994–95 season. Prior to this announcement, the team was rumored to play games at the Lakefront Arena, the Pete Maravich Assembly Center in Baton Rouge, or the Mississippi Coast Coliseum in Biloxi, Mississippi when the Superdome was unavailable. Remaining in Minneapolis On June 15, 1994, the National Basketball Association's franchise relocation committee voted unanimously to block the sale of the franchise to Top Rank resulting in the Timberwolves remaining in Minneapolis through at least the 1994–95 season. Top Rank's offer was rejected by the league due to questions surrounding their financing plan. The $152 million purchase price would have been paid for through $40 million from unknown investors; up to $76.25 million in loans from banks that had yet to make commitments; and $50 million or more from undisclosed sources based on projected revenues from the un-built arena in New Orleans. Also, the league filed a lawsuit in U.S. District Court in Minneapolis seeking an injunction against any transfer of the team from Minnesota. On June 21, 1994, the league officially denied sale of the franchise to Top Rank resulting in the Timberwolves remaining in Minneapolis. On June 28, 1994, Top Rank would file a counter-suit in Louisiana Civil District Court. The suit sought to have ownership fulfill their contractual obligation to sell the team to Top Rank. The following day, federal district court ruled that the franchise was to remain in Minneapolis through June 15, 1995. After over eight months of working to purchase the franchise, local businessman Bill Sexton withdrew his bid to purchase the Timberwolves in August. However, Glen Taylor later headed a group to purchase the team with the NBA approving the transaction in October 1994. By 1995 Top