A-Rod Finalizing Deal With Tech Billionaire To Become Part Owner of NBA’s Timberwolves.
A-Rod Finalizing Deal With Tech Billionaire To Become Part Owner of NBA’s Timberwolves.
According to an anonymous source who spoke to 'USA Today,' .
Alexander Rodriguez and Marc Lore are teaming up to buy the Minnesota Timberwolves and the WNBA's Minnesota Lynx.
Alexander Rodriguez and Marc Lore are teaming up to buy the Minnesota Timberwolves and the WNBA's Minnesota Lynx.
The source requested anonymity because the paperwork is still being finalized.
The source requested anonymity because the paperwork is still being finalized.
Lore amassed his fortune via e-commerce with Jet.com, Diapers.com and Walmart.
Former MLB star Rodriguez partnered with Lore once before in an attempt to buy the New York Mets, but they lost the deal to billionaire Steve Cohen.
The current owner of the Timberwolves, Glen Taylor, purchased the team for nearly $90 million in 1994.
Once the official paperwork is completed, Rodriguez and Lore would each have a 50-50 stake in the deal.
Once the official paperwork is completed, Rodriguez and Lore would each have a 50-50 stake in the deal.
Once the official paperwork is completed, Rodriguez and Lore would each have a 50-50 stake in the deal