Alex Rodriguez News - MinnesotaSportsFan https://www.minnesotasportsfan.com/tag/alex-rodriguez/ Minnesota sports, but different Tue, 21 Oct 2025 20:24:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.minnesotasportsfan.com/cdn-cgi/image/width=32,height=32,fit=crop,quality=80,format=auto,onerror=redirect,metadata=none/wp-content/uploads/2024/01/cropped-cropped-MSF-favicon-1.jpg Alex Rodriguez News - MinnesotaSportsFan https://www.minnesotasportsfan.com/tag/alex-rodriguez/ 32 32 Glen Taylor Tried Everything to Stop Timberwolves Sale… Including a Burn Book? https://www.minnesotasportsfan.com/minnesota-timberwolves/glen-taylor-arbitration-strategy-burn-book-team-sale/ Tue, 21 Oct 2025 17:17:44 +0000 https://www.minnesotasportsfan.com/?p=69971 If the Minnesota Timberwolves transition of power didn’t seem obnoxious enough as it was, new details that dropped on the Glen Taylor vs Alex Rodriguez and Marc Lore buy/sell saga a whole new level of obscenity.

Nearly a half-decade ago, Taylor agreed to sell the Wolves and Lynx to Lore and A-Rod at a price that, not long after, he realized was substantially below market value. Throw in the sky-rocketing prices of professional sports franchises in the time since a deal was consummated, and the logic behind Glen’s buyer’s remorse is easy to find.

Fortunately for Lore, Rodriguez and MN Timberwolves fans, the purchasing group never stepped outside of the parameters set by the ironclad original contract, so Taylor had no way to nullify the deal.

So while it years longer and millions of dollars (in legal fees) more than it should have, but eventually the owner of 30 years was forced to hand over the keys to Target Center.

Glen Taylor tried to mean girl his way into keeping the MN Timberwolves

Glen Taylor burn book - Minnesota Timberwolves

But as the arbitration hearings were happening, Glen Taylor made one final (desperate) attempt to keep the Minnesota Timberwolves under his control by digging up dirt on Marc Lore and Alex Rodriguez that he felt would make the NBA refuse the sale.

His big master plan? According to NBA and NFL insider Pablo Torre (Pablo Torre Finds Out), Taylor had some of his aides created a 77-point Mean Girls style Burn Book list that he was hoping to present publicly and to the league, to turn everyone against the soon-to-be majority owners.

Then, right before the owners ratified the deal via vote, Glen took over their Zoom call to beg for courtside seats to Wolves games for the next decade, in order for the deal to go through. believed were reasons why the league and public should irrelevant information as to why the new owners weren’t qualified.

“Glen Taylor’s legal strategy, was quote, baffling…Glen Taylor, in the months during this push and pull, had two executives create what amounts to a Burn Book. As in, a Mean Girls style list, a list that has been described to me as number and 77 items long. This list of 77 things, Glen Taylor slash the Timberwolves, hate about Marc Lore and Alex Rodriguez, was communicating to the NBA and to anyone who would listen, you can’t approve these guys.

Some items on this are: Marc Lore had dinner with Kevin Garnett and never told me. Alex Rodriguez did steroids. A-Rod is a liar. A-Rod is a cheat. A-Rod had the largest suspension in MLB history. They get to 77 things, but it’s all along the lines of, does he remember that this is a hearing related to arbitration about a legal contract. None of this has anything to do with anything.”

Pablo Torre

The level of hilarity that must have ensued for all involved here must have been unprecedented. Glen Taylor’s strategy comes across as a 12-year-old negotiating with a lawyer over why he shouldn’t be grounded.

Torre went on to reveal (also in the video above) that, also on Glen’s list was Rodriguez’s interview with Katie Couric nearly two decades ago, in which he denied the steroid use that we all eventually found out he did. But again, none of this has any bearing on their arbitration process.

MN Timberwolves pay Glen Taylor one last favor

When he took over the NBA owners’ Zoom vote, Pablo reports that Taylor was on mute and didn’t know it, then had trouble figuring out how to unmute himself. In fact, Lore and A-Rod had to help him troubleshoot the technological “problem”. But hey, at least he got his same courtside seats out of the deal…

“What Glen Taylor negotiates at the finish line, is to have Marc Lore and Alex Rodriguez purchase for him, for the next decade, four courtside seats next to the team bench.”

Pablo Torre

Someday, Marc Lore and Alex Rodriguez will have a new arena built. You know what won’t be on the terrace? A statue of Glen Taylor. Thanks for saving the team back in 1994, Glen, but don’t let the door hit you on the way out!

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Tue, 21 Oct 2025 15:24:52 +0000 Minnesota Timberwolves
New MN Timberwolves Owners Fire Dozens of Employees https://www.minnesotasportsfan.com/minnesota-timberwolves/alex-rodriguez-marc-lore-staff-layoffs/ Thu, 21 Aug 2025 13:30:14 +0000 https://www.minnesotasportsfan.com/?p=67059 A few months ago the Minnesota Timberwolves got their change in majority ownership approved by the NBA Board of Governors, finally bringing an end to their years-long rollercoaster purchasing process that incinerated the initial bridge built between them and longtime owner, Glen Taylor.

Since the moment Marc Lore and Alex Rodriguez were rumored as potential buyers, there have been questions surrounding their short and long-term intentions in Minnesota. Early on, there were also major doubts on whether or not they could even afford or finance the multi-billion dollar purchase of an NBA franchise.

Minnesota Timberwolves
Credit: Jesse Johnson-Imagn Images

Of course, we’ve learned a lot about A-Rod and Lore, as Wolves owners, in that time. Their biggest home run has come in the form of Tim Connelly, who they hired away from Denver in 2022, to become Minnesota’s unlikely president of basketball operations.

Beyond the basketball court and front office, however, are dozens of employees who work on the business side of the Timberwolves Timberwolves organization, many of which have been there under Glen Taylor for decades.

Business staff sees cuts by Minnesota Timberwolves

Marc Lore and Alex Rodriguez didn’t just buy the Timberwolves either. They also purchased the Minnesota Lynx, along with the many employees that work throughout both organizations. And this week, we saw the darker side to a sweeping change in majority ownership.

On Wednesday, news broke out of the Sports Business Journal that the Minnesota Timberwolves, under Lore and A-Rod, laid off as many as 40 of their employees, on the business side, a roughly 10% cut in personnel.

New T’Wolves owners Marc Lore and Alex Rodriguez laid off roughly 40 employees today in what sources called an “operational restructuring” following about a seven-week assessment period.

The layoffs were from non-basketball departments, with sources saying staff was let go from business operations spanning human resources, marketing, sales and creative. The moves did not impact dedicated staff members from the WNBA’s Lynx — also owned by Lore and Rodriguez — but did affect under 10% of the full and part-time personnel who cross over between the T-Wolves, Lynx and G-League Iowa Wolves.

Sports Business Journal

Lore and A-Rod have been running the show since June. Talking with my own sources inside the Minnesota Timberwolves organization, these layoff came without warning, and mostly to the shock of those who were fired, and their co-workers.

Timberwolves business employees worried this time would come

At this point, it is unknown whether or not they plan to hire new people for the jobs they laid off on Wednesday. Rather than make changes out of the gate, however, they wanted to observe before acting, according to the above report, and another out of the Star Tribune.

Since becoming controlling owners of the Timberwolves and Lynx in late June, Marc Lore and Alex Rodriguez have been evaluating the business side of the franchises.

This week, that evaluation resulted in layoffs of what a source said were roughly 35 employees as part of Lore and Rodriguez’s restructuring of the franchises.

The staff reduction touched on several business-side departments not related to the basketball operations of the Wolves and Lynx. The business departments include communications, marketing and sales.

Chris Hine – Star Tribune

Sports Business Journal estimated the full-time staff supporting the Timberwolves and Lynx was somewhere around 220 employees prior to the layoffs. The NBA average is reportedly around 200 employees.

There has been no comment or public response from either Lore or Rodriguez. Whether the moves were financial in nature or not, it’s impossible to ignore that the Wolves new owners just cut a luxury tax check worth $90 million this offseason.

Related: MN Timberwolves Sign Familiar Guard for Final Roster Spot

Although public perception of Glen Taylor was not welcomed, sources tell me that there has been trepidation internally regarding the transition from Taylor’s 20+ year tenure as owner, to Lore and Rodriguez.

Because of that internal concern, the move Wednesday isn’t as blindsiding as it would have been, especially after multiple high-ranking executives previously left on their own accord. It will be interesting to see what the messaging and next steps internally are from the organizations new leaders.

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Thu, 21 Aug 2025 11:26:37 +0000 Minnesota Timberwolves
A-Rod, Lore Trying to Bring KG Home… Among Other Former Timberwolves  https://www.minnesotasportsfan.com/minnesota-timberwolves/plan-for-kevin-garnett-return-other-alumni/ Mon, 21 Jul 2025 14:51:02 +0000 https://www.minnesotasportsfan.com/?p=65193

It’s hard to assess the value of what Kevin Garnett has brought to the Minnesota Timberwolves franchise, because it’s probably invaluable. Selected out of high school with the 5th overall pick in 1995, KG came with a lot of risk, as the first prep player to be drafted to the NBA in 20 years.

Nearly immediately, Garnett became a problem for Wolves opponents, even making an All-Star team in 1996-97, just his second season in the league. That was also the first year our Minnesota Timberwolves, then just eight years old, ever made the playoffs.

They’d go on to make eight-straight postseason appearances between 1997-2004, a run that culminated in an MVP Trophy for KG, the organization’s first Western Conference Finals appearance and without a doubt one of the greatest teams in franchise history.

That time Glen Taylor and Kevin McHale blew up the bridge back to KG

Eventually, the organizational mismanagement displayed during the KG era, by both owner Glen Taylor and then general manager Kevin McHale, finally caught up with them.

After their ’04-’05 West Finals run, the Wolves let Sam Cassell walk to the Clippers, then undercut Latrell Sprewell during contract negotiations, putting a sudden stop to all the momentum built up over the last decade.

Then, during the 2007 NBA offseason, Minnesota traded KG to Boston, where he, Paul Pierce and Ray Allen would go on to win an NBA Championship their very first year together.

Not only did Taylor and company short change KG’s Timberwolves career, during his first stint in Minnesota, but according to Garnett, Taylor then lied about post-retirement ownership and front office opportunities, when he came back as a trade deadline acquisition in 2014-2015, then finished his career where it ended in 2016-17.

Related: Kevin Garnett a Priority for New Timberwolves Owners

When he pulled the rug, Kevin Garnett went scorched earth, disassociating himself with the NBA organization that raised him, refusing a jersey retirement or pretty much anything to do with the Minnesota Timberwolves.

New owners committed to bringing Kevin Garnett back, along with other former Minnesota Timberwolves greats

When Glen Taylor finally decided to sell the team, though, whispers of a KG return sounded throughout the state. And now that Alex Rodriguez and Marc Lore are officially taking over, fans are anxiously awaiting the jersey-hanging ceremony.

And according A-Rod, the new majority owners have it top of mind too. Recently on NBA Radio (SiriusXM), Rodriguez publicly announced an intent to “bring KG home, retire his jersey [and] build a statue outside the Target Center”. 

This is a refreshing feeling, after KG distanced himself from the franchise for the past 10 years. But Lore and A-Rod aren’t stopping their Target Center reunion with Garnett. The former Yankee/Mariners great told SiriusXM that he and Lore are intent on bringing back all sorts of Wolves alumni, as part of their new era plan

“We love KG, and people often ask, ‘how do you bridge the relationship’? Well, we don’t have to bridge anything. We’ve always had a really good relationship with Kevin. I’ve been a huge admirer of his. He was the [Wolves] No. 1 pick in ’95, I was the No. 1 pick in ’93.

The way he went about his business, the chip on his shoulder, the way he represented Minnesota. He’s so important to our fanbase…Look, he’s our Babe Ruth, plain and simple. We don’t have a great deal of history. But the one history we do have, we want to bring it back inside the 10 [yard line].

But not only Kevin Garnett. We have an incredible alumni. I was really jealous when I saw what the Knicks had with all their crew. I mean, that really brings a lot of energy to the fanbase, to the current players. We had that with the Yankees, we want to do that in Minnesota.”

Alex Rodriguez – SiriusXM Radio

During Garnett’s playing days, Glen Taylor lead the Timberwolves into a world of endless nothing. When he did try something, it was usually reckless and backfired.

Like when he went under the table to try and give Joe Smith more money than what league rules allowed, he got caught and the league slapped him with fines and draft restrictions that made life difficult for years to come.

Alex Rodriguez, Marc Lore’s beautiful MN Timberwolves vision

Reaching out to alumni, even beyond Kevin Garnett, is a brilliant idea. Back in the day, the Minnesota Timberwolves had a ton of great players and fun personalities that we’ve pretty much never seen again, once they left town.

Guys like Stephon Marbury, Tom Gugliotta, Sam Cassell, Wally Szczerbiak, Terrell Brandon… the list goes on. Much like what we see from the Twins and Vikings, Lore and A-Rod want to bring more members of old Wolves bands back together. Hell, invite Chauncey Billups while you’re at it, too.

Related: Timberwolves Pup Proving He’s Too Good for NBA Summer League

Under Alex Rodriguez and Marc Lore’s broader plan to unite the fanbase, and hopefully build a new arena, is it too much to hope the Minnesota Timberwolves will soon be one of the best-run franchises in the entire association? Let’s hope so. But really, it won’t be difficult to do better than Glen Taylor.

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Mon, 21 Jul 2025 09:51:05 +0000 Minnesota Timberwolves
Former, Current Wolves Owners Uninterested in Buying Minnesota Twins https://www.minnesotasportsfan.com/minnesota-twins/old-new-wolves-owners-uninterested-purchasing-twins/ Thu, 10 Jul 2025 18:18:20 +0000 https://www.minnesotasportsfan.com/?p=64837 Since announcing their intent to sell at the end of last season, the process of the Pohlad family unloading the Minnesota Twins organization on another billionaire has been a rollercoaster. They came out of the gates hot, after Justin Ishbia showed early interest in making the purchase.

But a few months later, he fell out of the running. Since then, the Twins have suggested multiple interested suitors, and reports have cropped up of possible offers being on the table. As of now, however, there are yet to be any reports of who these interested parties are or how much they have been willing to offer.

One name that has been floated by multiple insiders around town is former Minnesota Timberwolves owner, Glen Taylor. Now that the local billionaire has $1.5+ billion in his pocket, from the sale of the Wolves, would self-made billionaire be open to turning around and saving the Twins from the Pohlads?

Timberwolves owners old and new have no interest in purchasing the Minnesota Twins

Well, on Thursday we got the answer to that question when Darren “Doogie” Wolfson got on the SKOR North Twins Show where he reported that the Taylor + Twins dream is dead. But not only is the former Wolves owner uninterested in the Twins, neither are the current ones.

According to Wolfson, Glen will not be the next Minnesota Twins owner and neither will Marc Lore or Alex Rodriguez, who may have interest in purchasing another pro sports franchise in town, apparently, but not the local nine.

“Glen Taylor, no. No interest in the Twins. Marc Lore, Alex Rodriguez, no. Perhaps interest in another franchise in town? I wouldn’t dismiss that. But interest in the Twins, the answer would be no.”

Darren Wolfson – The Twins Show (SKOR North)

It’ll be interesting to hear which team exactly the Marc Lore + Alex Rodriguez group has its eyes on. The only local team in the major four pro sports world that would seem to have any availability for new owners would be the Minnesota Wild.

Could A-Rod/Lore be interested in the Minnesota Wild?

Of course, Craig Leipold loves his Wild and wouldn’t seem to be interested in selling. However, he is struggling to get new funding for renovations to Grand Casino Arena (formerly Xcel Energy Center).

Is it possible Lore and A-Rod have approached Leipold with an offer to purchase some of the team, in exchange for going in on a multi-sport complex in Minneaoplis that could house both the Wolves and Wild?

Related: Minnesota Twins Land Another 2025 MLB All-Star Nod

Unless the Timberwolves’ new owners are targeting a non-major four team, like the Frost or the United FC, an interest in obtaining a piece of the Wild probably makes the most sense.

No matter, it’s become clear that one pro sports team no billionaire seems all that interested in is the Minnesota Twins, who are $400 million in debt and struggling to get offers for more than $1.5 million, while the Pohlad asking price sits at $1.7 million.

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Thu, 10 Jul 2025 13:32:17 +0000 Minnesota Twins
Lore, A-Rod Re-Up on Threat to Privately Fund New Timberwolves Arena https://www.minnesotasportsfan.com/minnesota-timberwolves/new-arena-top-priority-private-vs-public-funding/ Wed, 25 Jun 2025 16:58:13 +0000 https://www.minnesotasportsfan.com/?p=64292 Today, right before the start of the 2025 NBA Draft, ownership of the Minnesota Timberwolves organization will officially change hands from 31-year majority owner, Glen Taylor, to Marc Lore and Alex Rodriguez.

On the floor and within the front office, little will change, in terms of vision. President of basketball operations Tim Connelly was brought in by Lore and A-Rod three offseasons ago. Tim’s contract is up and needs extended, something that is expected to take place very soon.

Most noticeable changes will happen on the business side, where the new owners have big plans and even bigger dreams. At the top of their priority list is bringing a new NBA arena to the Twin Cities area, preferably in downtown Minneapolis.

Lore, A-Rod determined to build new Minnesota Timberwolves arena

Marc Lore, Alex Rodriguez - Minnesota Timberwolves

But it’s not just a new arena the new owners covet. According to Chris Hine (Star Tribune), who recently sat down with the Minnesota Timberwolves’ new owners, Lore and A-Rod want to build an experience around their new arena.

The two entrepreneurs are in search of a place they can use to host pregame festivities, a space that they can use to help develop a culture around this new-look organization. Or as Lore and A-Rod are selling it, the two are in search of a new arena and surrounding area that the Minnesota Timberwolves can build a “footprint” around.

…just where they will play their games in Minneapolis is a future that is undecided and still unknown to Lore and Rodriguez. What appears certain is the current set-up at Target Center is not good enough long term…when it comes the possibilities of the arena generating revenue that can then go back into the team.

Ideally, they would like an arena in downtown Minneapolis, because having the Twins, Vikings, Wolves and Lynx “does so much for our community,” Rodriguez said. But they have to find a location with the right kind of “footprint,” Rodriguez said, to support their vision of an all-encompassing arena entertainment district around the area.

Chris Hine – Star Tribune

Of course, history has shown that building a new billion dollar home arena/stadium in the Minnesota pro market is much easier said, than done, a reality that is not lost on Marc Lore or Alex Rodriguez. Nonetheless, our new owners appear undeterred.

No, they will not threaten to move or sell the team, even if the state of Minnesota, city of Minneapolis or whatever public entity within the Twin Cities are unwilling to help them with the funding. Instead, they’re threatening to finance the build themselves.

Lore, A-Rod claim they’re willing to privately fund new Minnesota Timberwolves stadium

When other local pro sports organizations have gone to the state of Minnesota for stadium/arena funding, they’ve done so while down on their hands and knees. Each time, local lawmakers have understood full-well that, without the public funding they desire, the build is dead.

But not with Lore and A-Rod’s plan. Instead, the Wolves new owners are doubling down on something they’ve hinted at previously. If necessary, they’ll privately fund the entire project, which will surely cost well into the billions of dollars.

Lore and Rodriguez have repeatedly squashed the notion that they would ever move the team out of Minnesota. “Alex and I said this from the beginning, we’re never moving the team,” Lore said.

Lore said while they haven’t discussed the specifics of where the funding would come from for this project, they were “prepared to fund it privately.”

Chris Hine – Star Tribune

I do not think that Marc Lore, Alex Rodriguez — or the other rich people now involved in the Minnesota Timberwolves organization — want to privately fund a new $1B+ arena.

Having local government involved and invested in a massive stadium build will make the entire process much easier (and cheaper) for the new owners. And let’s not get things confused. Lore and A-Rod can’t pay for a new Timberwolves arena themselves, nor would they attempt to finance one that way.

Would the state really WANT out on everything a new arena brings?

Whether it’s private or public investments, they’ll need financial help building their new home. What Lore made clear is that a new Minnesota Timberwolves “footprint” facility is not reliant on government assistance.

But… do you believe in FOMO? Because both the state of Minnesota and city of Minneapolis profit from their major investments into US Bank Stadium and Target Field. Why? Because those utilities were paid for in billions of dollars worth of public funds, and both are considered “publicly owned”.

Related: Lore, A-Rod Targeting Farmers Market Location for New Timberwolves Arena

And if the Minnesota Timberwolves build a new arena in the Twin Cities, will the public sector really want to miss out on all the future revenue it will generate? On top of that, does the state really want to lose all control of what happens in the future with the Timberwolves’ new home? Probably not.

Thus, from a strategy standpoint, I think the way Lore and A-Rod are playing this is genius. Because here’s a free life lesson, kids — He who holds the money, holds the control.

When Lore and A-Rod go to the state or local government for public funding, their pitch won’t be, ‘we need you’. Instead, it’ll be, ‘do you want in on this opportunity’… which completely flips the conversation.

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Wed, 25 Jun 2025 11:58:17 +0000 Minnesota Timberwolves
Official: NBA Owners Approve Sale of Minnesota Timberwolves https://www.minnesotasportsfan.com/minnesota-timberwolves/sale-approved-nba-owners-vote-marc-lore-alex-rodriguez/ Tue, 24 Jun 2025 21:33:41 +0000 https://www.minnesotasportsfan.com/?p=64271 It’s been a long road to get to this point, but after some chatter recently that the vote was finally coming, the news went official late Tuesday afternoon. The sale of the Minnesota Timberwolves from Glen Taylor to Marc Lore and Alex Rodriguez has been approved by an NBA owners.

Minnesota Timberwolves sale to Marc Lore and Alex Rodriguez approved by NBA Owners

According to the both the team and league‘s press release, the newest members of the NBA’s exclusive owners club will serve as Timberwolves Co-Chairmen, with Lore serving as the organization’s primary “Governor” and A-Rod as “Alternate Governor”. Of note, the two will swap roles, when it comes to the WNBA’s Lynx.

As the new controlling owners, Lore and Rodriguez will assume full leadership responsibility for the Timberwolves, Lynx and Iowa Wolves (G League). They will serve as Co-Chairmen, with Lore assuming the role of Timberwolves Governor and Rodriguez as Alternate Governor.

For the Lynx, Rodriguez will serve as Governor while Lore will act as Alternate Governor. This milestone, made official by the NBA’s Board of Governors’ approval, marks the culmination of the gradual transfer of ownership from longtime General Partner Glen Taylor.

Minnesota Timberwolves press release

We do not yet know exactly what the vote count was, but Darren Wolfson (KSTP) reported on SKOR North Tuesday that, if the vote didn’t wind up being unanimous, it’s possible Glen Taylor would get one “No” vote, to Lore and A-Rod taking over, likely by the Pacers.

Lore + A-Rod partnership remains very strong

What stands out about today’s news isn’t the approval, itself. Instead, it’s how included Alex Rodriguez is in the announcement. We know Lore has been committed to A-Rod as the public face of this new ownership group, but it’s believed that Marc owns by far the largest share of anyone.

Still, the way this is being relayed… it’s being made very, very clear that — no matter what his ownership percentage is (which isn’t exactly clear at this point) — he will remain at the forefront of every decision this new group makes.

Over the past four years as limited partners, Lore and Rodriguez have championed a forward-thinking, long-term vision focused on establishing the most respected and admired franchises in professional sports. Their approach prioritizes investment in high-character individuals, business innovation, player development, and best-in-class fan experiences—while maintaining a steadfast commitment to the Twin Cities community.

Minnesota Timberwolves press release

Related: Timberwolves Open to Moving Up in NBA Draft

This ends a 31-year run of ownership for Glen Taylor. The officially soon-to-be former owner bought the franchise in 1994, essentially saving an NBA franchise that had nearly been sold to a group wanting to move the team to New Orleans just months earlier.

Of course, by the time he sold the Minnesota Timberwolves — then spent years fighting to get it back — he overstayed his welcome with most of the fanbase. From under-the-table deals gone wrong to hall of fame former players that want nothing to do with the organization… Taylor’s time had come and gone long ago.

Now, Marc Lore and Alex Rodriguez will strive for a new arena somewhere in the Twin Cities. How much they are willing to pay will likely dictate how successful they are in making that dream come true. Either way, there is pretty much zero chance the Timberwolves are moved out of Minnesota now, or anytime in the future.

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Tue, 24 Jun 2025 16:33:43 +0000 Minnesota Timberwolves
Marc Lore, A-Rod Expected to Take Over Timberwolves Soon, New Arena Plans Coming… https://www.minnesotasportsfan.com/minnesota-timberwolves/marc-lore-alex-rodriguez-ownership-transition-timeline-new-arena/ Sat, 31 May 2025 16:45:49 +0000 https://www.minnesotasportsfan.com/?p=63565 Times are changing for the Minnesota Timberwolves. Fresh off their second-straight Western Conference Finals appearance, the team is headed in a new direction. Glen Taylor, who has owned the franchise since 1994 when he saved it from relocation to New Orleans, will finally transfer majority power to Marc Lore and Alex Rodriguez.

Taylor accepted his fate following arbitration hearings earlier this spring. Lore and A-Rod, who have been chomping at the bit to get going — will soon be putting their first official orders of business in motion.

Timeline set for Minnesota Timberwolves ownership change

Alex Rodriguez, Marc Lore, Minnesota Timberwolves
Credit: Bruce Kluckhohn-Imagn Images

Now that the legal battle for ownership of the Minnesota Timberwolves has been put in the rearview mirror, the last hurdle needing to be overcome is the NBA owners vote, of which Lore needs 2/3 majority to seal this deal.

Barring any unforeseen circumstances, the new ownership group is expected to be approved easily. And we also know when it will take place. According to a recent report from The Athletic’s Jon Krawczynski, the NBA Board of Governors vote for Timberwolves majority ownership will take place in less than a month, “toward the end of June”.

“Sometime toward the end of June, team sources familiar with the process told The Athletic, the league is expected to hold a final vote to approve Lore and Rodriguez as the new majority owners of the Timberwolves and Lynx.”

Jon Krawczynski – The Athletic

The exact date has not been made known, but the end of June coincides with some important dates on the league calendar. The NBA Draft is scheduled for June 25th. Minnesota holds the 17th and 31st overall selections. Just a few days later, June 30th, free agency opens.

It would behoove the Minnesota Timberwolves to have their new owners assume full power prior to those events taking place. The vote to make the ownership change permanent should go as planned, but until it’s cemented in reality both Rodriguez and Lore must wait.

Related: Timberwolves Expected to Chase Kevin Durant Again… and He’s Interested

This offseason is a significant one for the Timberwolves. President Tim Connelly could look to go elsewhere, and the roster changes are expected to be significant. Julius Randle, Nickeil Alexander-Walker, and Naz Reid are all key players that Minnesota must decide on how they fit into future plans.

Anthony Edwards and his running mates came up short losing 4-1 in the Western Conference Finals for the second year in a row. Finding a blueprint to get beyond that point, and over the hump, will require looks at the roster and coaching staff.

New arena plans underway for Timberwolves

It’s not just the roster configuration that new owners Rodriguez and Lore are concerned with. Minnesota’s home arena, Target Center, is 35 years old and it needs more than just a facelift. In fact, the plan is to find a new home digs, something that the new owners have made clear will be a priority right away.

“They plan to be much more aggressive with their investment on the business side of the operations, including formulating plans for a new arena, team sources told The Athletic. The partners have openly stated their firm commitment to keeping the team in Minnesota, and team sources reiterated that is the long-term vision for a team that is booming in popularity locally, thanks to their playoff runs the last two seasons.”

Jon Krawcyznski – The Athletic

Multiple different sites and ideas have been floated regarding a new arena. It is something that the franchise must capitalize on while excitement is currently at an all-time high. How the building is funded, where, and what designs look like will all be of significant importance to fans.

Related: Kendrick Perkins Apologizes to Anthony Edwards

Building over the offseason is always a goal for every franchise across the NBA. With such a monumental change at the top of the organization, this one figures to be the most significant in franchise history.

If Lore and Rodriguez can usher in a summer of excitement, and parlay that into a season of success, fans will be waiting in droves to enter the new building whenever its doors open.

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Sat, 31 May 2025 11:45:52 +0000 Minnesota Timberwolves
Kevin Garnett Unsure About Return to MN — Thinking Bigger Than Timberwolves https://www.minnesotasportsfan.com/minnesota-timberwolves/kevin-garnett-return-rumors-latest-april-2025/ Tue, 15 Apr 2025 02:38:37 +0000 https://www.minnesotasportsfan.com/?p=62440 The Minnesota Timberwolves are on the verge of a majority ownership change for the first time since 1994, when Glen Taylor saved the five-year-old NBA franchise from being shipped off to New Orleans or elsewhere. One year later, the Wolves did something that was mostly unheard of, at the time.

With the No. 5 overall pick in the 1995 NBA Draft, the Wolves and their new owner selected 6-11, 200 lb high school beanstalk, Kevin Garnett, who had just graduated from Farragut Academy in Chicago months earlier. Back then, drafting a high schooler was considered one of the riskiest top 5 draft picks in NBA history.

The rest, as they say, is history. Garnett played 14 total seasons for the Minnesota Timberwolves. Until Anthony Edwards gets a few more seasons under his belt, KG will be known as the greatest Wolf of all time.

Unfortunately, since originally being traded to the Boston Celtics in 2007, the relationship between the Timberwolves and their GOAT has completely deteriorated, thanks to a three-decade-long feud with incumbent owner Glen Taylor.

Related: Kevin Garnett Goes Off on Glen Taylor Again… “I Don’t Do Business with Snake Mu’F**kas…”

Outside of a brief return to Minnesota for the final two years of his NBA career, which was facilitated by the late, great Flip Saunders, Kevin Garnett has mostly avoided the city that raised him like the plague.

But with Taylor soon to be out of the picture — not only is KG’s No. 21 jersey expected to be hanging in the rafters of Target Center very very soon, but local reports also have Kevin Garnett planning a return to the Minnesota Timberwolves, in some sort of undisclosed front office role, as soon as Lore and A-Rod take over.

Kevin Garnett talks about possible return to Minnesota Timberwolves

Kevin Garnett - Minnesota Timberwolves
Credit: Brad Rempel-Imagn Images

According to Kevin Garnett, however, his return to Minnesota and his future working for the Timberwolves is not yet clear. Instead, Garnett told former Celtics teammate and good friend Paul Pierce — during a recent episode of his KG Certified show — that he is not sure yet if he will accept a job with the Wolves.

The now 48-year-old former NBA superstar turned media influencer says he is still locked in on personal projects he is working on. While it sounds like he has talked to the Minnesota Timberwolves (probably A-Rod) about a possible role, it doesn’t seem as though anything is near being locked in.

If he does come back, Garnett told Pierce he wants his return to Minnesota to be bigger than the Timberwolves. On top of whatever his other duties are, KG wants to be an ambassador for the entire state and all of its sports teams — a connector who can help raise the bar and help bring entire state back together, while helping to promote the Wolves, Vikings, Twins, Wild and Gophers.

Pierce: “You got a lot of DNA in Minnesota. I was just seeing if you saw yourself going back and injecting that franchise with some of your energy?

KG: “I would love to, I would love to. But I want to be on the same page. A lot of the concerns that I have, or at least some of the things that I want to grow and develop in Minnesota, has nothing to do with on the court [basketball]. Communities and the bondage and bringing the city back together, is kinda what I’m on.

I want to go back and touch the guys and have everybody be excited about the Timberwolves and the Twins, the Vikings and the Wild and the University of Minnesota… the Gophers, and all that shit. So I’m on that. If they want to do something like that, I’m with it. I’m all for that. But again, I’m building something, I’m locked in on something, so year, I’m committed to what I’m doing too.

KG Certified Show (via Instagram)

Originally from Greenville, South Carolina — where he spent the first 17 years of his life, before transferring to Farragut for his senior year — KG left the Windy City as 1994-95 Illinois Mr. Basketball, the McDonald’s All-American Game MVP and the 1994-95 USA Today National High School Player of the Year.

Related: Nuggets Want Tim Connelly Back; Should Timberwolves be Concerned?

Even with all those high school accolades, few at the time saw Garnett growing up in Minnesota and eventually graduating to Boston, where between the two teams, he went to 15 All-Star Games, got 9 All-NBA nods and in 2003-04 became Minnesota’s sole NBA MVP.

Now, we just want him back in our state. So whatever KG wants, just give it to him.

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Mon, 14 Apr 2025 21:38:40 +0000 Minnesota Timberwolves
Glen Taylor Finally Throws in Towel on Timberwolves Ownership Battle https://www.minnesotasportsfan.com/minnesota-timberwolves/glen-taylor-not-appealing-sale-marc-lore-a-rod/ Wed, 02 Apr 2025 16:44:52 +0000 https://www.minnesotasportsfan.com/?p=62085 For years now, the Minnesota Timberwolves have been caught in a brutal, bloody battle between two billionaires claiming they hold the legal rights to ownership over the 26-year NBA franchise.

It all started around this time back in 2021, when news broke that longtime Timberwolves owner, Glen Taylor, had agreed to sell the team to an ownership group headed by Diapers.com founder Marc Lore and infamous Major League Baseball superstar, Alex Rodriguez.

The deal laid out a two-year plan of multiple “tranche” payments that would eventually secure the Lore + A-Rod group 3/4 of the NBA franchise. That was until March 2024, when rumors became reality and Glen Taylor pulled the rug out from underneath the sale, citing missed payments as the reason for voiding the final payment that would have secured Marc Lore his majority share of the team.

Glen Taylor - Minnesota Timberwolves at Denver Nuggets
Credit: Isaiah J. Downing-Imagn Images

That kicked off a legal battle that has been in the news ever since. A couple months ago, we thought we finally got resolution when a three-judge arbitration panel ruled 2-1 in favor of the Lore + A-Rod group, and awarded them legally binding ownership of the Minnesota Timberwolves, pending a final 3/4 NBA Board of Governors approval vote.

Glen Taylor gives up on Minnesota Timberwolves ownership battle

But when NBA owners met last week, commissioner Adam Silver told media members that they were unable to vote on the Timberwolves’ majority ownership change because Glen Taylor was still deciding whether or not to appeal the arbitration ruling, something he could only do if he was questioning the integrity of the arbitration panel.

In the end though, Taylor has decided not to fight another legal battle he probably wasn’t going to win. On Wednesday morning, Shams (ESPN) reported that Glen Taylor has decided not to appeal the arbitration ruling and that the NBA will begin the ownership transfer process immediately.

This is huge news for Minnesota Timberwolves fans across the world who have been waiting for Glen Taylor to sell this organization to an ownership group with big dreams and eyes on investing in the future. That doesn’t just mean the roster.

Glen made it apparent these past two or three years that he is willing to pay whatever luxury tax payments necessary to roster championship caliber team. Unfortunately, Taylor’s small town attitude clouded his view of what the Wolves can be and what type of arena they deserve to play in.

Now, with Lore and A-Rod at the helm, we can expect conversations about a new arena to take its place near the top of local news headlines for the foreseeable future. They’ve already been exploring multiple locations for the team’s next arena. How that arena will be funded is still very much up in the air.

Let’s remember the good Glen Taylor did for MN basketball…

The Minnesota Timberwolves have been owned by Glen Taylor since 1994, which means he is not the original owner of our favorite NBA franchise, which played its first season in 1989-90, under the founding owners Marv Wolfenson and Harvey Ratner.

In fact, Glen wasn’t really on the radar at all as a possible Timberwolves owner, until after the state of Minnesota failed multiple times to find a savior determined to keep the team local. After only four seasons as Wolves owners, Harv and Marv ran into financial issues.

Related: Timberwolves Planning to Keep Julius Randle and Naz Reid…?

So, after they failed to secure a deal with the City of Minneapolis to purchase the remaining $73 million owed on Target Center at the time, they sold the team to a new ownership group, an investor firm named “Top Rank”, which had concrete plans in place to move the Timberwolves to New Orleans.

Glen Taylor and Kevin McHale - Houston Rockets at Minnesota Timberwolves
Credit: Greg Smith-Imagn Images

The deal Top Rank + Harv/Marv had agreed to was worth $152 million, which was scheduled to be paid by “$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.”

Fortunately, the basketball god were smiling down on Minnesota that day. Because after much deliberation, the league decided to deny the sale of the Timberwolves, which kept the organization in Minneapolis for at least one more season (1994-95).

That time Glen Taylor saved the Minnesota Timberwolves

According to the Wikipedia page on the Wolves failed relocation attempt of 1994, the NBA rejected Top Rank’s offer due to “questions surrounding their financing plan”. The NBA even filed an injunction lawsuit in US District Court against any transfer of the Timberwolves out of Minnesota for at least one year.

But even then, Glen Taylor wasn’t supposed to be the rich guy who swooped in and saved the Minnesota Timberwolves from demise. That was meant to be another local Minneapolis multimillionaire — Bill Sexton, an insurance tycoon and former St. John’s basketball star — was pegged as the man for the job. Panic nearly set in when that deal fell through in August 1994.

Related: Minnesota Timberwolves Brawl Suspensions Handed Out

Shortly after that, a group headed by Taylor entered the fold. By October, all the paperwork was signed and Glen Taylor was handed the keys Target Center, where he has held courtside seats as the majority owner for the 21 years since. That is until the next time NBA owners gather together and vote in Marc Lore as the third majority owner in Minnesota Timberwolves franchise history.

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Wed, 02 Apr 2025 11:44:56 +0000 Minnesota Timberwolves
Glen Taylor Holding Back Timberwolves Ownership Change Yet Again https://www.minnesotasportsfan.com/minnesota-timberwolves/glen-taylor-pondering-appeal-arbitration-ruling-lore-arod/ Fri, 28 Mar 2025 00:03:40 +0000 https://www.minnesotasportsfan.com/?p=61918 With nine games remaining in the 2024-25 season, the 41-32 Minnesota Timberwolves are battling for their playoff lives right now, a fight that resumes on Friday at Target Center against the Phoenix Suns. As of the writing of this article, the Wolves are 8th in the West, back just a half game of both the Warriors (7th) and Clippers (6th).

But the playoffs aren’t the only thing being fought over at Target Center and Mayo Clinic Square. For years now, longtime MN Timberwolves owner Glen Taylor has been locked in a legal battle with Marc Lore and Alex Rodriguez, who are heading an ownership group he once agreed to sell the organization to.

Back in mid-February, we thought we finally got a resolution to this entire Wolves sale saga. That was when reporters broke the news that, after months of arbitration arguments and hearings, Minnesota Timberwolves ownership had been awarded to the Lore and A-Rod group.

Glen Taylor, Becky Taylor, Alex Rodriguez - Minnesota Timberwolves
Credit: Bruce Kluckhohn-Imagn Images

Now, the only thing standing between Marc Lore and majority ownership of the franchise he made his first payment nearly four years ago was an NBA Board of Governors vote, which he is believed to have the votes for.

Glen Taylor still pondering appeal of legally binding arbitration ruling

But not so fast, explained NBA Commissioner Adam Silver on Thursday, while speaking at a press conference to kick off the 2024-2025 end of season Board of Governors meetings. It was believed a vote on the Minnesota Timberwolves ownership change could take place this weekend, while all of the owners were together.

That won’t be happening, though, explained Silver. Why not? Because incumbent owner Glen Taylor is still deciding whether or not to file an appeal of the legally binding arbitration ruling in favor of Marc Lore and Alex Rodriguez.

Related: Suns Asking Price for Kevin Durant Revealed for Timberwolves

If you are a regular listener of Darren Wolfson‘s scoop sessions on the Mackey & Judd Show on SKOR North, he’s been hinting at a possible appeal from Glen Taylor holding up the finalization of what we thought was an impending Lore + A-Rod takeover.

What would former Minnesota Timberwolves owner be appealing?

But, what in the world could Glen Taylor possibly be appealing? That’s where the questions really begin. According to what Wolfson has reported, nobody is totally sure. The only thing that he is believed to be able to appeal is that the independent arbitrator — one very respected Thomas Fraser — was somehow compromised.

The contract calls for the arbitration ruling to be binding. Technically speaking, neither side can appeal. The loser could ask a federal court to vacate the ruling. That generally requires extreme measures for that to be a possibility, such as one side believing a member of the panel was compromised or that the panel acted outside of its authority.

Jon Krawczynski – The Athletic

Without knowing the motive or reasoning behind exactly why Taylor is pondering an appeal, it’s hard not to see this as the latest attempt by a remorseful seller who’s going to do absolutely everything within his power to delay this sales process as long as possible.

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Thu, 27 Mar 2025 19:30:51 +0000 Minnesota Timberwolves