Alex Rodriguez, Marc Lore to own Timberwolves, Lynx
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Marc Lore and Alex Rodriguez have agreed to finalize the purchase of the Minnesota Timberwolves from Glen Taylor, according to Shams Charania of ESPN. The final stages of negotiations between Taylor a...
From ClutchPoints
Timberwolves owner Glen Taylor has greenlit the ownership transfer of the team.
From Yahoo
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
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.
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SiouxlandProud.com on MSNTimberwolves sale to Alex Rodriguez and Marc Lore will go forward, AP source saysThe yearslong quest by Marc Lore and Alex Rodriguez to acquire control of the Minnesota Timberwolves finally seems to 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.
A process that began with a $1.5 billion agreement in 2021, finally moves on and now requires only NBA owners’ approval.
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.
After a dispute that lasted more than a year, ownership of the NBA's Minnesota Timberwolves and WNBA's Lynx has now been settled. Glen Taylor has agreed to transfer complete ownership of the teams to the group led by Marc Lore and former MLB star Alex Rodriguez,
Glen Taylor has agreed to the Marc Lore-Alex Rodriguez group acquiring 100% ownership of the Minnesota Timberwolves and Minnesota Lynx at the same $1.5 billion price tag the sides reached in 2021, sources told ESPN.
Current majority owner Glen Taylor has reportedly agreed to transfer complete ownership of the team to the tandem of Marc Lore and baseball icon Alex Rodriguez, per ESPN’s Shams Charania.
After three decades under the rule of owner Glen Taylor, the transition process is officially taking place with Taylor now expected to complete the sale.