Alex Rodriguez, Marc Lore Finalizing Deal for Around $1.5B to Buy T-Wolves
Win McNamee/Associated Press MLB legend Alex Rodriguez and Marc Lore are finalizing an agreement to purchase the Minnesota Timberwolves from Glen Taylor, who bought a majority stake of the NBA team in 1994, according to ESPN's Adrian Wojnarowski. Wojnarowski reported the price is expected to be "in the $1.5 billion range." Shams Charania of The Athletic and Stadium shared a statement from Rodriguez and Lore: Shams Charania @ShamsCharania Alex Rodriguez and partner Marc Lore are nearing minority stakes with the Minnesota Timberwolves, with plan to take control of the franchise in two years u...
Source: bleacherreport.com