MINNEAPOLIS – Minnesota Timberwolves owner Glen Taylor is expressing confidence the NBA team will remain in Minnesota under new ownership. One of his investors has sued Taylor in federal court, alleging breach of contract because of the sale. Taylor also owns the WNBA’s Minnesota Lynx. Taylor recently finalized an agreement to sell the basketball clubs to e-commerce mogul Marc Lore…
MINNEAPOLIS, MINN (KVRR) – Shams Charania of the Athletic is reporting that former MLB All-Star Alex Rodriguez and tech entrepreneur Marc Lowe have reached an agreement to buy the Timberwolves and the Lynx for $1.5 billion with the partnership being 50-50. The group originally signed a letter of intent on April 10th but a deal couldn’t be reached with Glen…
MINNEAPOLIS — Baseball legend Alex Rodriquez and former Walmart CEO Marc Lore are negotiating to buy the Minnesota Timberwolves and Lynx from owner Glen Taylor. The team confirming to FOX 9 a report from The Athletic that the former baseball star and Lore have signed a letter of intent for exclusive rights to negotiate a deal with Taylor. According to…
