T-wolves owner: A-Rod, partner in agreement to buy NBA club

Discussion in 'Minnesota Timberwolves' started by truebluefan, Apr 11, 2021.

  1. truebluefan

    truebluefan Administrator Staff Member Administrator

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    - In this July 11, 2017, file photo, former baseball player Alex Rodriguez reports from the field during the MLB baseball All-Star Game in Miami. Rodriguez and e-commerce mogul Marc Lore have signed a letter of intent to buy the Timberwolves and keep the NBA franchise in Minnesota. Timberwolves owner Glen Taylor confirmed the agreement, which includes the WNBA’s Minnesota Lynx. The two sides have a 30-day window for negotiations to be finalized.

    Former baseball star Alex Rodriguez and e-commerce mogul Marc Lore signed a letter of intent Saturday to buy the Timberwolves and keep the NBA team in Minnesota, owner Glen Taylor said.

    The agreement, which also includes the WNBA’s Minnesota Lynx, opens a 30-day window for negotiations to be finalized. If accountants and attorneys for both sides agree, the deal would then need to be approved by the league.

    Read more https://apnews.com/article/mlb-nba-...ex-rodriguez-7068cd7eecf8fbd07023255059fc8901
     

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