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In late March 2024, Minnesota Timberwolves majority owner Glen Taylor decided that he no longer wanted to sell the team. In 2021, Glen Taylor decided to sell the Minnesota Timberwolves, opting ...
Lore, an e-commerce entrepreneur, and Rodriguez, the former Major League Baseball star, struck an agreement with Taylor in 2021 to buy the Timberwolves and the Minnesota Lynx WNBA franchise for $1 ...
Lore and Rodriguez have won the battle for the Timberwolves and Lynx. Considering the Boston Celtics just sold for $6 billion, getting the Wolves for $1.5 billion seems like a major coup.
Topline A months-long ownership dispute over the Minnesota Timberwolves is headed to arbitration this month, pitting the team’s prospective buyers—former MLB MVP Alex Rodriguez and e-commerce ...
On the eve of their season opener, the Minnesota Timberwolves long-awaited change in primary ownership could be put on hold. According to Sportico's Eric Jackson, longtime team governor (the NBA's ...
Timberwolves minority owners Marc Lore and Alex Rodriguez look on in the second half against the Dallas Mavericks. Bruce Kluckhohn-USA TODAY Sports Taylor, 83, agreed to sell his majority ...
NBA TRADE DEADLINE: Grading every deal Timberwolves ownership, explained In 2021, Alex Rodriguez and Marc Lore agreed to a deal with Glen Taylor to buy the Timberwolves for $1.5 billion.
This allows the Timberwolves’ sale to Alex Rodriguez and Marc Lore to proceed. Taylor’s decision ends a prolonged dispute and clears the way for new ownership.