Alex Rodriguez and businessman Marc Lore finalizing $1.5 billion deal to buy Timberwolves, Lynx
Alex Rodriguez and businessman Marc Lore finalizing $1.5 billion deal to buy Timberwolves, Lynx Alex Rodriguez may be buying a sports team after all, just not in the sport everyone expected. The former New York Yankees star and former Walmart president and CEO Marc Lore have signed a letter of intent and are negotiating with Minnesota Timberwolves owner Glen Taylor to buy the NBA team, according to The Athletic's Jon Krawczynski. The deal also includes the WNBA's Minnesota Lynx, per Christopher Hine of the Star Tribune. The pair reportedly have a 30-day exclusive negotiating window, and will take control of the team in two-and-a-half years if a deal is finalized. Adrian Wojnarowski of ESPN also reported that the deal was being finalized, and tweeted a statement from the prospective owners: Taylor was reported last summer to be looking into selling the team after nearly three decades of majority ownership. Krawczynski reports that Rodriguez and Lore have already agreed with Tayl...
