Earlier this week, ESPN's Shams Charania reported the news that Alex Rodriguez and Marc Lore officially landed ownership of the Minnesota Timberwolves.
Glen Taylor had owned the team for 31 years.
Via Charania (on April 2): "After years long battle, Glen Taylor and Marc Lore-Alex Rodriguez have agreed to complete full ownership to Lore-Rodriguez, sources tell ESPN. Taylor will not appeal Minnesota arbitrators that ruled in favor of Lore-Rodriguez in February. NBA will start transfer process."
After years long battle, Glen Taylor and Marc Lore-Alex Rodriguez have agreed to complete full ownership to Lore-Rodriguez, sources tell ESPN. Taylor will not appeal Minnesota arbitrators that ruled in favor of Lore-Rodriguez in February. NBA will start transfer process. https://t.co/lceVytrj9i
— Shams Charania (@ShamsCharania) April 2, 2025
After the big news, Basketball Hall of Famer Magic Johnson sent out a post (via X).
His post had over 2,000 likes and 145,000 impressions.
He wrote (on April 2): "I’m excited about today’s announcement that my friend Alex Rodriguez and his partner Marc Lore became the sole owners of the Minnesota Timberwolves!"
I’m excited about today’s announcement that my friend Alex Rodriguez and his partner Marc Lore became the sole owners of the Minnesota Timberwolves!
— Earvin Magic Johnson (@MagicJohnson) April 2, 2025
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