Alex Rodriguez and billionaire Marc Lore are finalizing a deal to purchase the Timberwolves, according to ESPN.
Taylor will continue to hold full control of the team for two years before Rodriguez and Lore take over in 2023.
Rodriguez and Lore issued a joint official statement on the deal that read: “We look forward to entering this phase of the process with Glen Taylor. Our respect for him and the legacy he has built lays an amazing foundation for what is to come. We are excited by the prospect of getting to know the Timberwolves organization.”
Alex Rodriguez and billionaire Marc Lore are finalizing a deal to purchase the Minnesota Timberwolves from majority owner Glen Taylor, sources tell @wojespn.
Taylor will continue with full control of the team for two years before Rodriguez and Lore take over in 2023. pic.twitter.com/0aE4yGFKPB
— SportsCenter (@SportsCenter) April 10, 2021
Former Major Leaguer Alex Rodriguez and billionaire Marc Lore are finalizing a deal to purchase the Minnesota Timberwolves from majority owner Glen Taylor, sources tell ESPN. Taylor will continue full control of team for two years before Rodriguez and Lore take over in 2023.
— Adrian Wojnarowski (@wojespn) April 10, 2021
