In late March 2024, Minnesota Timberwolves majority owner Glen Taylor decided that he no longer wanted to sell the team. In 2021, Glen Taylor decided to sell the Minnesota Timberwolves, opting for a structured ownership transition.
Now that Glen Taylor is transferring 100% ownership of the Timberwolves and Lynx to Marc Lore and Alex Rodriguez, the next order of business might be getting Kevin Garnett back in good graces with the organization that drafted him in 1995.
Recently, the years-long saga regarding the future ownership of the Minnesota Timberwolves came to an end when it was revealed that Glen Taylor had agreed to sell the team, along with the Minnesota Lynx, to the Marc Lore-Alex Rodriguez group for $1.5 billion, per Shams Charania and Brian Windhorst of ESPN.
Can you name every player to average at least 17.0 PPG in the 2024 NBA playoffs?
Marc Lore and Alex Rodriguez have finalized an agreement with Glen Taylor to acquire 100% ownership of the Minnesota Timberwolves and Minnesota Lynx, sources told ESPN.
Glen Taylor has agreed to transfer complete ownership of the Minnesota Timberwolves and Lynx to the group led by Marc Lore and Alex Rodriguez, multiple outlets reported Wednesday.
Glen Taylor has agreed to the Marc Lore-Alex Rodriguez group acquiring 100% ownership of the Minnesota Timberwolves and Minnesota Lynx at the same $1.5 billion price the sides agreed on in 2021, sources told ESPN.
Longtime Timberwolves owner Glen Taylor has decided not to appeal an arbitration ruling in favor of Marc Lore and Alex Rodriguez and will sell his controlling interest in the franchise to the minority stakeholders, reports Shams Charania of ESPN (via Twitter).
On Thursday, NBA Commissioner Adam Silver made remarks to the media regarding expansion to Europe, All-Star format disappointment, and updates for both the Boston Celtics and Minnesota Timberwolves ownership groups.
Business partners Mr. Lore and Mr. Rodriguez wanted to buy a pro sports team. Mr. Lore is a former .com and Walmart executive seeking to build a utopian city in the desert.
Timberwolves fans are excited for a new era in Minnesota, as an arbitrator has ruled in favor of Rodriguez and Lore over current owner Glen Taylor. The dispute began in 2021 after Rodriguez and Lore agreed to purchase the Timberwolves and Lynx for $1.5 billion.
It was cocktails and cake when Alex Rodriguez and Alex Lore first discussed the purchase of the Minnesota Timberwolves from long-standing owner Glen Taylor.
After months of legal disputes and internal bickering, the Minnesota Timberwolves are set to change hands from longtime owner Glen Taylor to newcomers Alex Rodriguez and Alex Lore.
The long-awaited arbitration decision to determine who assumes majority ownership of the Minnesota Timberwolves finally came on Monday in favor of Alex Rodriguez and Marc Lore, who are set to take over the franchise in short order.
The prospective ownership group led by Alex Rodriguez and Marc Lore has taken a major step toward finally securing the purchase of the Minnesota Timberwolves.
Monday could be a monumental day in Minnesota Timberwolves and Lynx history as a ruling from a panel of arbitrators is expected to reveal who will win the ownership dispute: Glen Taylor or Marc Lore and Alex Rodriguez.
Ahh, the Minnesota Timberwolves ownership battle. At this point, we’ve heard more about the feud between Glen Taylor and the Marc Lore + Alex Rodriguez ownership group than any of us ever could have imagined, when the deal was announced three years ago.
Alex Rodriguez's failed ownership bid with Marc Lore for the Timberwolves might be a home run for the teams' fans.
Alex Rodriguez and his partner thought they were taking over the Minnesota Timberwolves. But in the aftermath of his breakup with Jennifer Lopez, he just didn't have the cash.
A majority stake in Minnesota Timberwolves will no longer be sold to the ownership group being led by former baseball star Alex Rodriguez and Marc Lore, team owner Glen Taylor said in a press release from the team.
Is there one more twist in the protracted takeover of the Minnesota Timberwolves? Marc Lore and Alex Rodriguez are one payment away from taking majority ownership of the Minnesota Timberwolves and Lynx from Glen Taylor, but are reportedly in search of investors to help facilitate half of a final $600 million outlay.
On the eve of their season opener, the Minnesota Timberwolves long-awaited change in primary ownership could be put on hold.
It's believed the new ownership group must keep the clubs in Minnesota per the terms of the agreement.
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