Alex Rodriguez, Minnesota Timberwolves and Lynx
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This paves the way for Alex Rodriguez and Marc Lore and investors Eric Schmidt and Mike Bloomberg to become 100% owners of the NBA and WNBA franchises in the state.
From USA TODAY
Marc Lore and Alex Rodriguez have an agreement in place with Glen Taylor for the transfer of ownership of the NBA’s Minnesota Timberwolves and WNBA’s Lynx, a team source confirmed Wednesday.
From The New York Times
The sale price of $1.5 billion is a bargain compared to what NBA franchises have sold for since Taylor first reached an agreement with Lore and Rodriguez in 2021.
From Bleacher Report
Read more on News Digest
Glen Taylor has agreed to transfer complete ownership of the Minnesota Timberwolves and Lynx to the group led by Marc Lore and Alex Rodriguez, multiple outlets reported Wednesday. Taylor agreed to part ways with the NBA and WNBA teams for $1.
The yearslong quest by Marc Lore and Alex Rodriguez to acquire control of the Minnesota Timberwolves seems to finally be in the home stretch, after current owner Glen Taylor opted not to appeal an arbitration panel’s ruling that he must go forward with the $1.
The drawn-out drama surrounding the sale of the Minnesota Timberwolves is finally over. More than a year after Glen Taylor tried to retain majority control of the franchise by canceling its $1.5 billion sale to Marc Lore and Alex Rodriguez,
Basketball icon Magic Johnson congratulates Alex Rodriguez and Marc Lore on becoming sole owners of the Minnesota Timberwolves.
The fight between the Detroit Pistons and Minnesota Timberwolves on Sunday night became especially worrying when the confrontation moved into the Target Center stands. Caught up in the chaos that resulted in seven ejections was a young fan who found himself too close to the action.
Glen Taylor, Marc Lore and Alex Rodriguez have agreed to resolve their dispute over ownership of the Minnesota Timberwolves, with Lore and Rodriguez set to take full ownership of the team, according to ESPN's Shams Charania.
Recently, the years-long saga regarding the future ownership of the Minnesota Timberwolves came to an end when it was revealed that Glen Taylor had agreed to sell the team, along with the Minnesota Lynx,