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Terminated Sale Of NBA's T-Wolves Looks Like A Power Play

The canceled $1.5 billion sale of the NBA's Minnesota Timberwolves to a group featuring Alex Rodriguez can be attributed, in part, to explosive growth in team valuations over the last three years, but just as large a factor is the owner's hesitance to surrender the power inherent in major franchise ownership, legal experts say.
Alex Rodriguez David Steele Minnesota Timberwolves
Source: law360.com

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