Alex Rodriguez Buying Stake in Timberwolves with Plans to Take Over Franchise in Two Years
It’s happening. Glen Taylor is selling the Minnesota Timberwolves and the buyer is a bona fide SUPERSTAR. Sit down, KG, I’m not talking about you. Former MLB great and New York Yankee legend, Alex Rodriguez, is reportedly in the process of buying the Wolves from Taylor. A-Rod’s partner is Billionaire Marc Lore, the president of a small department store company called “Wal-Mart”. According to The Athletic, the deal is worth $1.5 billion and will include the Minnesota Lynx.
If Alex Rodriguez can’t make the Minnesota Timberwolves relevant then nobody will. Looks like the agreement, as Taylor has long promised, will include language that keeps the team in Minneapolis….
Alex Rodriguez and partner Marc Lore are nearing minority stakes with the Minnesota Timberwolves, with plan to take control of the franchise in two years under mentorship of Glen Taylor. Statement from A-Rod and Lore: pic.twitter.com/nFDIhil5ra— Shams Charania (@ShamsCharania) April 10, 2021
Most importantly: Taylor said A-Rod and Lore pledged to keep the teams in Minnesota and they will include language in the potential deal to that effect.— Chris Hine (@ChristopherHine) April 10, 2021
Eric Strack | Minnesota Sports Fan