Alex Rodriguez and Marc Lore will become the next majority owners of the Minnesota Timberwolves after all. The ownership transfer of the team must continue as originally planned after current ...
On Friday, it was announced that Marc Lore and Alex Rodriguez won the arbitration case, allowing them to proceed with their purchase of the Minnesota Timberwolves and Lynx from long-time owner ...
In a statement released through the Timberwolves and Lynx, Taylor said the vote was 2-1 in favor of Lore and Rodriguez. The ruling makes way for the sale to be approved by the NBA Board of Governors.
Lore and Rodriguez bought an initial 20% ownership stake from Taylor in May 2021, then executed the purchase of a second tranche of 20% ownership in December of 2022.