By Spectrum News Staff New York City PUBLISHED 9:08 PM ET Apr. 10, 2021 PUBLISHED April 10, 2021 @9:08 PM
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Former Yankee Alex Rodriguez and native New Yorker Marc Lore are reportedly nearing a deal to buy the Minnesota Timberwolves.
ESPN is reporting A-Rod and the Staten Island born Lore would buy the team for around $1.5 billion.
The two would not take control until 2023.
Both put out a joint statement saying they re excited.
“..the talented team and their incredible fans.” Adrian Wojnarowski (@wojespn) April 10, 2021
A-Rod was looking to buy the Mets before it was sold to Steve Cohen.
Lore was the president and CEO of Walmart U.S. Commerce before stepping down this year.